To venture into the US stock market, many investors choose to trade through overseas brokerage firms for more flexible operations and lower commission fees. Compared with domestic brokerage firms and investment banks, overseas brokerage firms not only provide re-commissioning services, but also make it easy to open an account via the Internet, enabling investors to trade online more conveniently.

Among the many overseas brokerage firms, three of them, moomoo Futura Securities (Singapore), Tiger Brokers and Longbridge Securities, have attracted much attention in recent years. They focus on providing investors with the convenience of investing in global markets as online brokerage platforms and have offices in Singapore to provide better securities services to Asian users.

If you have any questions about this or need further information, please feel free to ask in the comments section and we will be happy to answer them.

Brokers Quick Comparison

Brokers	Futu (Singapore) Moomoo	Tiger Brokers	Longbridge
trading market	US, Hong Kong, Singapore, Shanghai and Shenzhen (China A-shares)	US, Hong Kong, Singapore, Shanghai and Shenzhen (China A-shares), Australia, UK	US, Hong Kong, Singapore, Shanghai and Shenzhen (China A-shares), Australia, Germany, Japan, UK
Trading products	Stocks, ETFs, REITs, options, warrants, funds, etc.	Stocks, ETFs, REITs, options, warrants, funds, etc.	Stocks, ETFs, REITs, warrants, funds, CBBCs
Trading Commission (US Stock)	0 Commission	USD 0.005/share Minimum USD 0.99 per order	USD 0.0088/share Minimum USD 1.88 per order
Platform Fee (US Stock)	Zero platform fee USD 0.99 per order	USD 0.005/share Minimum USD 1 per order	0.3USD/per order
Trading Commission (Hong Kong Stock)	0.03%*Trade value per order minimum HKD 3	0.03%* Transaction value per order minimum HKD 7	0.028%* Transaction value per order minimum HKD 15
Platform Fee (Hong Kong Stock)	HKD 15 per order	HKD 15 per order	HKD 15 per order
Regulators	US SEC, FINRA Hong Kong SFC 、Singapore MAS	US SEC, FINRA Hong Kong SFC Singapore MAS Australia ASIC New Zealand FSP	SFC New Zealand FSP
Deposit expenses	0	0	0
Account Opening Duration	1 working day	1 working day	1 working day
Difficulty of opening an account	Easy	Easy	Easy
Chinese interface	✓	✓	✓
Virtual Account	✓	✓	X
Account opening discount	1) U.S. stocks, Hong Kong stocks, Singapore stocks, China A-shares free premium quotes 2) SGD 40 vouchers.	1) 180 unlimited times U.S. stock commission-free trading 2) free 1 share of GRAB stock	1) $100 U.S. stock transaction fee deduction coupon.
First Gold Award	1 free share (worth S$20 to S$1,000) for first deposit of S$2,700 and above	With your first deposit of more than S$2,000, you will be entitled to one free share, valued between S$8 and S$1,200.	First deposit and net transfer of assets of at least $1,000, get 180 days of U.S. quotes First deposit and net transfer of assets of at least $2,000, get 365 days of U.S. quotes + 365 days of Hong Kong stock LV 1 real-time quotes.

Broker background

1.Futu (Singapore)

Founded in 2012, Futu is a Tencent-funded internet brokerage firm with strategic investments from Matrix and Sequoia Capital, and listed on NASDAQ in March 2019 under the ticker symbol NASDAQ:FUTU.

Futu (Singapore) (Futu Singapore Pte. Ltd), a subsidiary of Futu Securities, is a licensed entity registered with the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services License (License No. CMS101000).

Futu runs through the one-stop digital financial services platforms Futu Bull and moomoo, providing investors with U.S. stocks, Hong Kong stocks, China A-share pass, Singapore stock trading and Singapore services, covering financial investment products such as stocks, ETFs, REITs, options, warrants, funds and more.

Futu Holdings' subsidiaries hold a total of 43 financial licenses and qualifications in major financial markets around the world, including the Monetary Authority of Singapore (MAS), the U.S. Securities and Exchange Commission (SEC), the U.S. Financial Industry Regulatory Authority (FINRA), and the Hong Kong Securities and Futures Commission (SFC), etc., with a cumulative total of more than 14 million users on the on-line platform.

Highlights of the following simple startup Futu  (Singapore):

Year of Establishment	Established in 2012
Trading platform	Moomoo desktop (Windows, macOS) Moomoo mobile app (iOS, Android)
Account Type	Custodian Account
tradable market	United States, Hong Kong, Singapore, China
Investment products	Stocks, ETFs, options, warrants / vouchers, CBBCs, futures, funds, REITs, etc. support new share subscriptions (IPOs) for U.S., Hong Kong, Singapore
Platform features	Provide U.S. stocks Level 2 free advanced quotes, ultra-low commission; moomoo trading platform interface is simple and easy to use, stable and smooth; depth of big data analysis, fundamental and technical analysis are suitable; 7 × 24 hours online customer service, fast response!

2.Tiger Brokers

Tiger Brokers was founded in 2014 and officially listed on the NASDAQ exchange in the United States in 2019 (NASDAQ: TIGR), with more than 4.3 million registered users globally and an annual trading volume of more than ten million dollars.

In February 2020, Tiger Brokers entered the Singapore market, is a very popular U.S. and Hong Kong stocks in Southeast Asia Internet brokerage, the main "one account, global", through the exclusive development of the investment trading platform Tiger Trade, users can participate in investing in the U.S., Hong Kong, Singapore, China's A-shares, Australia, London and other six markets.

Its financial investment products include stocks, Options, Warrants, ETFs, REITs, futures, indices, metals, bonds, funds, and more.

Tiger Brokers is known as "Xiaomi System" securities, the main team has many years of financial and Internet experience, core members from Morgan Stanley, Tencent, Baidu, Alibaba, etc., and access to Xiaomi Science and Technology, Zhenge Fund, Sinofine Evergreen, Huagai Capital, PAC ( It has also received strategic investments from Xiaomi Technology, Zhenge Fund, Sinofeng Evergreen, Huagai Capital, PAC (Prospect Avenue Capital), Hontai Capital and other investment organizations.

In terms of regulation, Tiger Securities is closely supervised by the securities regulators of many countries, including the Monetary Authority of Singapore (MAS), the U.S. Securities and Exchange Commission (SEC), the U.S. Financial Industry Regulatory Authority (FINRA), the Securities and Futures Commission of Hong Kong (SFC), and the Australian Securities and Investments Commission (ASIC), which is a high degree of security.

Tiger Brokers highlights:

Year of Establishment	Established in 2014
Trading platform	Tiger Trade Desktop (Windows, macOS) Tiger Trade Mobile App (iOS, Android)
Account Type	Managed Account (Custodian Account)
tradable market	US, Hong Kong, Singapore, Shanghai and Shenzhen (China A-shares), Australia, London
Investment products	Stocks, ETFs, options, warrants / vouchers, CBBCs, futures, funds, REITs, indices, metals, bonds, etc. support new share subscriptions (IPOs) for U.S., Hong Kong, Singapore
Platform features	Extremely fast online account opening, no minimum deposit threshold; strong functionality of the operating platform, providing U.S. stock secondary free advanced market; in-depth technical strategy analysis and stock selection function.

3.Longbridge

Founded in 2019, Longbridge is a technology-based brokerage firm that has only recently entered the online securities business and is headquartered in Singapore.

The company's founding team core members are all from Alibaba, and has received strategic investment from PhillipCapital Singapore, well-known venture capital firm Yuan Jing and other investment institutions, is regulated by the Securities and Futures Commission of Hong Kong (SFC) under the centralized number BPX066, and holds a license to deal in securities (Class 1), a license to provide advice on securities (Class 4), a license to provide asset management (Class 9), and is a It holds a Securities Trading License (Class 1), a License to Advise on Securities (Class 4), a License to Provide Asset Management (Class 9), and is a New Zealand Registered FSP.

Longbridge is positioned as a "social" brokerage firm with strong social communication features. It provides a separate social forum for live broadcasting of Earnings Calls, where users can leave comments and exchange views with other users on the live broadcast.

Through Everbridge Securities, users can participate in trading in the U.S., Hong Kong, China A-shares, Singapore, Germany, Japan, the United Kingdom, Australia and other markets, and financial investment products such as thematic stocks, ETFs, REITs, currency funds, over-the-counter (OTC) funds, and so on.

Longbridge's highlights.

Year of Establishment	Established in March 2019
Trading platform	Longbridge mobile phone App version (iOS, Android)
Account Type	Managed Account (Custodian Account)
tradable market	US, Hong Kong, Singapore, Shanghai and Shenzhen (China A-shares), Australia, Germany, Japan, UK
Investment products	Stocks, ETFs, REITs, warrants, funds, CBBCs support new share subscriptions (IPOs) for U.S. and Hong Kong stocks
Platform features	Do not call the platform fee; support ringgit deposit (non-wire transfer), long bridge trading platform interface is simple and easy to use, the use of a large number of visual charts to make data better understand; strong social communication function, 7 x 24 hours online customer service speed, fast response.

At the same time, we compare the differences between Futura Securities (Singapore), Tiger Securities and Longbridge Securities in 7 aspects: trading market, which investment products are supported for trading, commission and fees, deposit/withdrawal channels and fees, security, trading platform features, and account opening and deposit offers.

The content is based on the Singapore version of the brokerage trading platform.

Market Comparison

The more trading markets are covered, the wider the market layout for investors. In comparison, FUTU (Singapore), Tiger Securities and Longbridge Securities all cover the US, Hong Kong, Shanghai and Shenzhen (China A-shares) and Singapore markets, with Tiger Securities having more options for Australia and London markets, and Longbridge Securities having more options for Germany and Japan markets.

In terms of trading markets, Longbridge has the advantage of covering 8 markets.

Trading market	Futu (Singapore)	Tiger Brokers	Longbridge
US	✓	✓	✓
Hong Kong	✓	✓	✓
Shanghai and Shenzhen (China A-shares)	✓	✓	✓
Singapore	✓	✓	✓
Australia	X	✓	✓
English	X	✓	✓
Germany	X	X	✓
Japan	X	X	✓

Comparison of investment products

In terms of investment products, Futura Securities (Singapore), Tiger Securities and Longbridge Securities support trading of roughly the same investment products, covering stocks, ETFs, REITs, warrants, funds, etc. The investment products supported by Futura Securities (Singapore), Tiger Securities and Longbridge Securities are not available for trading of options (officially, the option system is under testing).

Longbridge Securities currently does not support trading options (officially, the options system is under testing), so investors who want to trade options should reconsider.

None of the three brokerages currently support trading cryptocurrencies.

In contrast, Tiger Securities supports a wider range of investment products, including indices, metals and bonds, making it more attractive to investors who want to allocate a diversified portfolio.

Trading products	Futu(Singapore)	Tiger Brokers	Longbridge
Stock	✓	✓	✓
ETFs	✓	✓	✓
Options	✓	✓	X
Warrant	✓	✓	✓
CBBC	✓	✓	✓
Futures	✓	✓	✓
Fund	✓	✓	✓
REITs Real Estate Trusts	✓	✓	✓
Index	X	✓	X
Metal	X	✓	X
Bonds	X	✓	X
Cryptocurrency	X	X	X

Commissions vs. Fees

Commissions and other transaction fees are the main, commission charged, investment costs. Therefore, brokerage firms with low commission rates, or implementing zero commission charges will be relatively more. Below is a compilation of the commission fee structure of Futura Securities (Singapore), Tiger Securities and Longbridge Securities, including the U.S., Hong Kong and Singapore markets, for stocks, ETFs and options, commission rates and platform fees.

U.S. stocks

● Moomoo Securities (Singapore) has a default commission rate for trading U.S. stocks and ETFs, and a platform fee of $0.99 per order. So there is a minimum payment of $0.99 per trade with moomoo.

● Tiger Securities' commission for trading US stocks and ETFs is $0.005 for the amount, with a minimum of $0.99 per trade, and the platform fee is a supplemental $0.005, with a minimum of $1 per trade. Yes, there is a $1.99 minimum per trade.

● Longbridge's commission for trading U.S. stocks and ETFs is $0.0088 for the amount and $1.88 minimum for a single trade; there is no platform fee. Meaning, a minimum of $1.88 per trade is required.

In comparison, Fortis Securities (Singapore) has the lowest fee for U.S. stock trading among the three brokers because of no commission or platform fee. Even after the end of the platform fee free period, Futura Securities (Singapore) still maintains the lowest fee for U.S. stock trading.

HK Stocks

● Fortune Securities (Singapore)'s commission for Hong Kong stock trading is 0.03%*trade value, with a minimum of HK$3 per transaction; the platform fee is HK$15 per transaction. Meaning, a minimum of HK$18 is required for each transaction.

● For Tiger Securities, the commission for Hong Kong stock trading is 0.03%*transaction value, with a minimum of HKD7 for a single transaction; the platform fee is 0.03%*transaction value, with a minimum of HKD8 for a single transaction. Meaning, a minimum of HK$15 is required for each transaction.

● Hong Kong stock trading commission for Longbridge Securities is 0.028%*transaction value, with a minimum of HKD15 for a single transaction; no platform fee. Meaning, a minimum of HK$15 is required for each transaction.

In comparison, Tiger Brokers and Longbridge have the lowest Hong Kong stock trading fees.

Singapore Stocks

● Futu  (Singapore) has a Singapore stock trading route commission of 0.03%*trade value, with a minimum of S$0.99 for a single trade; and a platform fee of 0.03%*trade value, with a minimum of S$1.50 for a single trade. Meaning, there is a minimum payment of S$2.49 per trade.

● Tiger Brokers' commission for trading in Singapore shares is 0.04% * transaction value, with a minimum of S$1 per transaction; platform fee is 0.04% * transaction value, with a minimum of S$1.88 per transaction. Meaning, a minimum payment of S$2.88 per trade is required. Tiger Securities is currently not inviting single commission trades and platform fees, and the offer is available until February 22, 2022.

● Longbridge' s commission for Singapore share trades is 0.15%*trade value with a minimum of S$10 per single trade; no platform fee. Meaning, there is a minimum payment of S$10 per transaction.

In comparison, Futu (Singapore) charges the lowest fees for trading Singapore shares.

U.S. Stock Options

● The commission for US stock options at FUTU (Singapore) is $0.65 per contract with a minimum of $1.99 per trade; the platform fee is $0.30 per contract. Meaning, there is a minimum payment of $2.29 per trade.

● Tiger Brokers' commission for U.S. stock contracts is $0.65 per contract, with a minimum of $1.99 for a single trade; the platform fee is $0.30 per contract, with a minimum of $1 for a single trade. Meaning, there is a minimum payment of $2.99 per trade.

● Longbridge does not currently support trading options.

Hong Kong Stock Options

● Futu (Singapore) does not offer trading options on Hong Kong stocks at this time;

● Tiger Brokers agreed commission for Hong Kong stocks is 0.2%* of the transaction value per contract, with a minimum of HK$3 for a single transaction; the platform fee is HK$15 per contract. Meaning, you need to pay a minimum of HK$18 per transaction.

● In comparison, those who have the need to invest in Hong Kong stocks demand needs, choosing Tiger Brokers will be more appropriate.

Investors can choose according to their own investment direction.

Investment products	Futu (Singapore)	Tiger Brokers	Longbridge
U.S. stocks, ETFs	Zero commission platform fee 0.$99 / order	Commission USD 0.005 / share minimum USD 0 per order.99 Platform Fee USD 0.005 / share minimum USD 1 per order	Commission USD 0.0088 / share minimum USD 1 per order.88 Platform Fee USD 0
Hong Kong Stock	Commission 0.03% * Transaction Value Minimum HKD 3 Platform Fee per Order HKD 15 / Order	Commission 0.03% * Minimum transaction value per order HKD 7 Platform Fee 0.03% * Minimum transaction value per order HKD 8	Commission 0.028% * Minimum transaction value per order HKD 15 Platform Fee HKD 0
Singapore Unit	Commission 0.03% * Minimum transaction value per order SGD 0.99 Platform Fee 0.03% * Minimum transaction value per order SGD 1.50	0.04% * Minimum SGD 1 platform fee 0 per order transaction value.04% * Minimum transaction value per order SGD 1.88 * There is currently no minimum commission and platform fee requirement	Commission 0.15% * transaction value per order minimum SGD 10
U.S. Stock Options	Commission USD 0.65 / piece minimum USD 1 per order.99 Platform Fee USD 0.30 / sheet	Commission USD 0.65 / piece minimum USD 1 per order.99 Platform Fee USD 0.30 / piece minimum USD 1 per order	–
Hong Kong Stock Options	–	Commission 0.2% * Transaction Value Minimum HKD 3 Platform Fee per Order HKD 15 / Sheet	–

Comparison of other non-trading fees

● When investing in overseas markets, apart from commissions, you need to pay other non-trading fees (non-trading fees), such as deposit fees (custodian fees), collection of financing fees (dividend handling fees), deposit and withdrawal fees, transfer of assets, transfer of assets fees, annual fees (account fees), account inactivity fees (inactivity fees), and so on.

● Some brokerage firms charge fees, while others do not, so investors may pay more attention.

● Futu (Singapore), Tiger Brokers and Longbridge do not employ deposit fees, loss collection fees, annual fees and account inactivity fees. However, for Hong Kong stock finance, Longbridge has certain charges.

● For transferring in assets, these three brokers do not charge any fees. For transfers out of U.S. stocks, Tiger Brokers and Longbridge charge US$150 per share for transfers out; for transfers out of Hong Kong stocks, they charge HK$500 per share. Futu (Singapore)does not support transferring out assets at this time. Fees are subject to the final charges of the brokerage firms.

Below is the fee structure of other non-transaction fees ofFutu (Singapore), Tiger Brokers, Longbridge for your easy reference.

Enterprise	Futu (Singapore)	Tiger Brokers	Longbridge
Storage fee	X	X	X
Charges	X	X	Hong Kong Stock Refund: Net Redemption of 1% (Minimum SGD 1, Bypass SGD 50) + Offshore Fees and Taxes (if applicable) Hong Kong Stock Remediation: SGD 10 + Offshore Fees and Taxes (if applicable)
Annual fee	X	X	X
Account idle fee	X	X	X
Transfer to asset expenses	0 USD	0 USD	0 USD
Transfer-out asset expenses	Temporarily not supported	US Stock: USD 150 / share HK Stock: HKD 500 / share China A Stock: HKD 500 / share Australia: AUD 50 / share	US Stock: US $150 / share HK Stock: HK $500 / share

Comparison of Deposit and Withdrawal Channels and Fees

Futu (Singapore), Tiger Brokers and Longbridge have no minimum deposit and withdrawal thresholds.

The three brokers' main deposit channels are categorized into two types: Singaporean banks and non-Singaporean banks, and the deposit methods are Bank Transfer and Wire Transfer/Telegraphic Transfer.

In addition, FUTU (Singapore) and Tiger Brokers have now opened up the use of international wire transfer platform to deposit funds wisely, which can save a lot of exchange rate and wire transfer costs.

Futu (Singapore)

● For deposit, Futu (Singapore) has no minimum deposit threshold, and the available deposit methods include bank transfer, wire transfer, and Wise, which support SGD, USD, and CNY transparent currencies.

● Holding a Singapore bank account, deposit in SGD is free of charge; deposit in USD and HKD, the brokerage firm does not charge, but the remitting bank, transit bank and receiving bank will charge. However, the remitting bank, transit bank and receiving bank will charge fees.

● Non-Singapore bank account holders, accept wire transfer and Wise deposit, brokerage firms do not charge, but the same banks will charge. Fees are subject to the bank's discretion.

● Withdrawal of funds, Futu (Singapore) (Singapore) does not have a minimum withdrawal threshold, and supports remittance of SGD, USD and HKD in colorful currencies, which is not charged by brokers, but will be charged by banks. Fees are subject to the banks.

Tiger Brokers

● For deposit, Tiger Brokers has no minimum deposit threshold, available deposit methods include bank transfer, wire transfer, Wise, support remittance of USD, SGD, HKD, EUR and EUR.

● Holding a Singapore bank account, deposit in SGD is free of charge, deposit in other currencies will be charged.

● Non-Singapore bank account holders, wire transfer and Wise deposit are accepted, brokerage firms do not charge, but the remitting bank, transit bank and receiving bank will charge. However, the remitting bank, transit bank and receiving bank will charge fees. The fees are subject to the bank's discretion.

● For withdrawal, Tiger Brokers has no minimum withdrawal threshold, and supports remittance of SGD, USD, HKD, NZD, Population and EUR.

● With a Singapore DBS/POSB bank account, withdrawal in any currency is free of charge.

● Withdrawal of funds to non-Singapore DBS/POSB bank accounts, other overseas banks, with currency, brokerage firms do not charge, the same bank will charge. Fees are subject to the bank's discretion.

Longbridge 

● Deposit, Longbridge does not have a minimum deposit threshold, the available deposit methods include bank non-transfer, wire transfer, foreign exchange two categories: Hong Kong banks and other banks (Singapore, other Hong Kong banks). Support multi-currency deposit, including SGD, USD.

● Holding a Singapore bank account, deposit SGD free of charge, deposit other currencies such as USD, Hong Kong will incur fees.

● Non-Singapore bank account holders, wire transfer is accepted for deposit, brokerage firms do not charge, but the remitting bank, transit bank and receiving bank will charge. Fees are subject to the bank's discretion.

● More specifically, Longbridge accepts bank transfers across the Malaysian territory (bank transfers) to deposit funds into the Longbridge account, providing convenience for Malaysian users.

● Withdrawal, Longbridge does not have a minimum withdrawal authority, equipped with the currency, each withdrawal will incur a commission. Banks will also incur handling fees. Withdrawal of USD, SGD to local banks in Singapore is zero charge.

● Remittance of SGD, USD, exchange rate, tax, RMB, etc.

	Futu (Singapore)	Tiger Brokers	Longbridge
Minimum deposit for account opening	X	X	X
Minimum amount of deposit and withdrawal	X	X	X
Deposit method	Singapore Bank Transfer Wire Transfer (TT) Wise	Singapore Bank Transfer Wire Transfer (TT) Wise	Bank Transfer Malaysia Bank Transfer (TT)
Deposit expenses	x Note: Remittance banks and transit banks will be operating expenses.	x Note: The cost is determined by reference to the currency of the payment.	x Note: The cost is determined by reference to the currency of the payment.
Payment expenses	x Note: Remittance banks and transit banks will be operating expenses.	x Note: Remittance banks and transit banks will be operating expenses.	x Note: Remittance banks and transit banks will be operating expenses.

Security Comparison

Security is a consideration when choosing a brokerage firm. Whether a brokerage firm is regulated by the IOSCO and how many financial licenses it holds will affect the security index of the funds in the brokerage firm. Only a compliant brokerage firm can ensure the safety of funds and transfer out assets or assets this time without worrying about problems.

Here are two people from the regulator and asset custodian to evaluate the safety of Futu (Singapore), Tiger Brokers and Longbridge.

1.Regulators

① Futu (Singapore)

The subsidiaries of FUTU Holdings collectively hold 43 financial licenses and qualifications in various major financial markets around the world.

In terms of U.S. regulation, FORTUNE Holdings (U.S.) is regulated by the U.S. Securities and Exchange Commission (SEC) and the U.S. Financial Industry Regulatory Authority (FINRA), SEC Registration No. 8-69739, and FINRA Central Registration No. CRD: 283078. It is also a member of FINRA and the U.S. Securities Investor Protection Corporation (SIPC).

SIPC provides protection up to $500,000 (including $250,000 in cash) for users of FUTU's U.S. stock accounts.

In terms of Singapore regulation, Futu (Singapore) is regulated by the Monetary Authority of Singapore (MAS) and has obtained a Capital Markets Services License (CMS License), license number CMS: 101000.

② Tiger Brokers

Tiger Brokers is regulated and certified by the United States, New Zealand, Australia and Singapore.

In the U.S., TIGER is regulated by the U.S. Securities and Exchange Commission (SEC) and FINRA, SEC Registration No. 8-65324, FINRA Central Registration No. CRD: 120583, and is a member of the U.S. Securities Investor Protection Corporation (SIPC), the National Futures Association (NFA), the Depository Trust Company (DTC), and the National (U.S.) Securities Association (NSA). It is also an accredited member of the Securities Investor Protection Corporation (SIPC), the National Futures Association (NFA), the Depository Trust Company (DTC), and the National Securities Clearing Corporation (NSCC).

SIPC provides protection of up to US$500,000 (including US$250,000 in cash) for Tiger Securities users;

In terms of Hong Kong regulation, TIGER's Hong Kong stock trades are custodied in and cleared by PCCW Securities and regulated by the Securities and Futures Commission (SFC) of Hong Kong;

In Singapore, TIGER is regulated by the Monetary Authority of Singapore (MAS) and has obtained a Capital Markets Services License (CMS License);

In Australia, Tiger Brokers is regulated by the Australian Securities and Investments Commission (ASIC) and holds an Australian Financial Services License (AFSL) with registration number 505213;

For New Zealand regulation, Tiger Brokers is a registered financial services provider in New Zealand with registration number FSP 473106.

③ Longbridge

For Hong Kong regulation, Long Bridge HK Limited (LBHK) is a licensed corporation recognized by the Hong Kong Securities and Futures Commission (Central No. BPX066), holding a license to deal in securities (Type 1), a license to advise on securities (Type 4), and a license to provide asset management (Type 9).

In terms of New Zealand regulation, Longbridge Limited is also a New Zealand Registered Financial Services Provider (Registration Number: FSP600050) and a registered member of New Zealand's Financial Resolution Independent Alert Scheme (FRIAS).

In comparison, FUTU (Singapore) and Tiger Brokers have more licenses and higher safety index.

2.Asset Custody

According to regulations, investor funds must be held in a third-party securities broker or commercial bank, separate from the broker's own funds.

① Futu (Singapore)

Futu (Singapore) covenant, "your assets will be securely custodied by our designated licensed custodian; your funds can be hosted in a custodian bank with funeral and pathway to the assets and spacious funds with Fortune Securities (Singapore)".

② Tiger Brokers

Users' funds are held in custody at DBS Commercial Bank. Assets, on the other hand, are held in safe custody at third-party licensed custodians according to different trading markets as follows:

U.S. Stocks: Bangkok and custodian by PCCW Securities

Hong Kong equities: Custody by PCCW Securities

(ii) Singapore equities: Custody by DBS Custodian Bank

③ Longbridge

Users' assets are custodied with a third party Singapore merchant, Phillip Capital Singapore (PSPL). Phillip Capital's users' assets are deposited in Phillip Securities Singapore (PSPL)'s depository account with a third party bank and are protected by the Monetary Authority of Singapore (MAS), and the security of the assets is subject to regular and stringent regulatory reviews and internal and external audits. The safety of assets is subject to regular regulatory scrutiny and internal and external audits.

Comparison of trading platform functions

Whether the trading platform is stable in operation, how much newbie-friendly it is to use, whether it supports in-depth data analysis, and which devices are supported by the trading platform are all secondary considerations in selecting a brokerage firm (for the purpose of regulation and license qualification, we pursue the first security) ).

Below is a comparison of the trading platform features of Futu (Singapore), Tiger Brokers, Longbridge.

① Futu (Singapore)

Futu (Singapore) provides securities trading services through the moomoo trading platform, which supports both desktop and mobile versions, and allows users to switch between Simplified Chinese, Traditional Chinese and English interfaces at any time.

The visual design of the moomoo trading platform is simple and easy for even novice traders to get started, find financial data of individual stocks, trade stocks, and more. Moreover, moomoo provides instant quotes (real-time prices) and free secondary quotes. As for data, in addition to the three major corporate financial data and key indicators. It also provides bulk trading records, professional line drawing tools for earnings report analysis (charting tools), stock screener, different valuation data, analyst ratings and target prices, institutional holdings, equity allocations, etc. It is suitable for both technical flow and value flow investors.

② Tiger Brokers

Tiger Brokers provides securities trading services through Tiger Trade, which supports desktop and mobile versions, and users can switch between Simplified Chinese, Traditional Chinese and English interfaces at any time.

Tiger Trade's introduction is simple and easy to use, with clear categorization. In addition to instant quotes (real-time prices) and free U.S. stock level 2 quotes, Tiger Brokers has introduced a variety of technical analysis and stock picking functions for technical strategies, such as classic pattern stock picking, Tiger Labs, K-line like, K-line pattern stock picking, and using a large number of It also uses a large number of visualized charts and tables to help users pick stocks intelligently.

③ Longbridge

Longbridge provides securities trading services through Longbridge App, which supports mobile version (handset) and users can switch between Simplified Chinese, Traditional Chinese and English interface at any time.

In terms of layout, the interface of Longbridge App is more simple and direct, providing instant quotes (real-time prices) and free secondary quotes, as well as volume, fund flow, short-selling data and other market performance. What's more special is that Longbridge uses a large number of visual fund charts to provide financial data such as stocks, and even a unique supply chain industry mapping analysis function to help investors quickly grasp the performance of their investment indices.

Social function is the core positioning of Longbridge, Longbridge App independently set up a "community" forum, users can watch the results of the Earnings Call (Earnings Call) live, and other investors live discussion, exchange of views.

Futu (Singapore) vs Tiger Brokers vs Longbridge, how to choose？

To summarize, it is not difficult to find that Futura Securities (Singapore), Tiger Securities and Longbridge Securities are not very different in all aspects, the same novice legal regulation, commission charges close, trading platform is simple and easy to use, good user experience, suitable for, and they all support Simplified Chinese, Traditional Chinese and English interfaces, the user can switch to a different language according to the habits of the guests.

Then how to choose the best？

When it comes to trading fees, compared to Tiger Brokers and Longbridge, Futu (Singapore) has a unique advantage, which is mainly reflected in the zero-commission trading of U.S. stocks. FUTU's additional transaction fee is as low as $0.99, which is more affordable than Tiger's $1.99 and Longbridge's $1.88, effectively reducing investors' transaction costs. In terms of security, Futu (Singapore), a subsidiary of Futura Holdings, holds a total of 43 financial licenses and qualifications, which makes its security index relatively high.

In terms of investment products, Futu (Singapore) offers a wide range of U.S. stock trading features, and its commission charges are the most favorable among the three brokerage firms. moomoo's trading platform is featured with rich functionality, providing free U.S. secondary stock quotes, financial data, and individual stock information in a more comprehensive and in-depth manner.

Futu (Singapore) announced an attractive partnership with Wise, an international money transfer platform that allows users to send money directly to their Futura Singapore accounts on the Wise platform, saving on exchange rates and wire transfer costs. It is worth noting that Futu (Singapore) does not support asset transfer at the moment, which is a factor that investors need to consider carefully.

Comparatively speaking, Tiger Brokers has more advantages in terms of investment product categories, supporting a wide range of investment categories such as stocks, ETFs, options, warrants, CBBCs, futures, funds, REITs, etc., as well as indices, metals and bonds, which is suitable for investors pursuing diversified asset allocation. In addition, Tiger Brokers' commission charges for Hong Kong stocks and Hong Kong stock options are the lowest among the three brokers, providing a more attractive option for investors who want to participate in the Hong Kong market.

Tiger Securities also supports Wise Deposit, but compared to the Wise Deposit operation of Futu (Singapore), the process of Tiger Securities is slightly more complicated, requiring users to initiate a deposit request in the Tiger Trade App and connect to online banking for transfer.

The advantage of Longbridge  is reflected in the wider coverage of trading markets. Longbridge covers 8 markets, including the United States, Hong Kong, Shanghai and Shenzhen (China A-shares), Singapore, Australia, London, Germany and Japan, providing investors with more choices of securities trading markets. For Malaysian users, Longbridge accepts deposits through domestic Malaysian bank transfers without the need for a Singaporean bank account, eliminating the cost of telegraphic transfers of foreign currencies such as U.S. dollars and Singapore dollars, which is quite attractive to investors.

Overall, the brokerage firms have their own characteristics, investors can choose according to their personal needs. Of course, one can also consider opening accounts with all three brokerage firms at the same time, as there is no charge for opening an account and no account inactivity fees. By using the demo accounts provided by the brokerage firms and experiencing the functions of different platforms, you can ultimately choose the brokerage firm that meets your personal needs before injecting real money for trading.