How to open an account with Futu Securities?
Moomoo, a trading platform owned by Fortis Securities (Singapore), has been very popular in recent years.。This article takes stock of the features of Futou Securities (Singapore) and shares the whole process of opening a moomoo account.。
Recently, U.S. stock investment in Taiwan, Singapore and Malaysia has become increasingly popular, but also more and more support for trading diversified trading market one-stop trading platform.。For example, the trading platform moomoo launched by Futu Securities (Singapore) is a good example。
Background Introduction
Futu Securities(Singapore) Futu Singapore Pte.Ltd., a subsidiary of NASDAQ-listed FTU Holdings (Nasdaq: FUTU), has a Singapore Monetary Authority (MAS) registered licensee (license number: CMS101000) and holds a Capital Markets Services License (CMS).。
Futu Holdings' subsidiaries hold a total of 43 financial licenses and qualifications in the world's major financial markets, covering U.S. stocks, Hong Kong stocks, A-shares, funds, futures, bonds, etc., with a total of more than 15 million online platform users.。
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Platform features
More options in the trading market
The more the trading market covers, the more investment options and quality listed companies are offered to investors.。In Futu Securities (Singapore), tradable markets include the United States (U.S. stocks), Hong Kong (Hong Kong stocks), China (A-shares), Singapore (new shares)。
Rich choice of investment and trading products
The investment and trading products of Futu Securities (Singapore) include U.S. underlying stocks, U.S. stock options, Hong Kong underlying stocks, Singapore underlying stocks, ADRs, futures, index equity funds (ETFs), real estate trusts (REITs), etc.。
Positive stock index holders' shares of a joint stock company。
US Stock Trading 0 Commission
Commission-free fees are one of the reasons for attracting users to use the brokerage platform because investment costs can be minimized。
U.S. stock trading at Futu Securities (Singapore) is officially permanently commission-free from April 13, 2022; while Hong Kong stock trading commissions are as low as HKD 3 / trading, with fees accounting for。Detailed cost, please check the officerNET。
Free Level 2 Real Time Quotes
Futu Securities (Singapore) is the only brokerage firm that provides free premium quotes for U.S. stocks LV2.。Users can keep abreast of the latest price developments and bid more accurately。
Professional Financial Information and Firm Trading Community
Futu Securities (Singapore) provides global real-time financial hotspots to help users grasp the stock market dynamics for the first time.。In addition, users can also exchange and share investment experiences with users elsewhere in the live trading community.。
Is Moomoo safe?
Futu Securities (Singapore) is a licensed entity registered with the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services Licence (CMS) under licence number CMS101000.。
Users' U.S. stock accounts at Futu Securities are protected by SIPC up to a maximum of $500,000 (including $250,000 in cash)。In other words, in the event that Futu fails, SIPC will return assets of up to $500,000 (including $250,000 in cash) for the shortest period of time.。
Rich Securities (Singapore) Indenture, "Your assets will be securely held by a licensed custodian appointed by us;。
It is worth mentioning that the parent company, Futu Holdings, has received strategic investments from China's Tencent Holdings, U.S. Jingwei Ventures, and U.S. Sequoia Capital Land.
Futu Securities (Singapore) Account Opening Teaching
Futu Securities (Singapore) account opening process is very simple, only about 10 minutes。
What to Prepare Before Futu Securities (Singapore)?
Before opening an account need to prepare:
Your identity card (IC) or passport (at least 3 months old)
Job information (such as company name and address)
◇ Tax number (income tax number (ITN) / No.Cukai Pendapatan)
◇ Proof of current residential address, optional: bank statement, telephone bill or water and electricity bill
Step 1: Go to the website and register your account
First, click "I want to registerSelect "SMS login," enter your mobile phone number and SMS verification code。Continue, click "Register" or Register。
Step 2: Download the app for Futu Securities (Singapore) Moomoo
ToApp Store / Google Play StoreDownload the app for moomoo。
Step 3: Log in to the moomoo app
Note: If you register with "SMS Verification Code" in the first step, you must also use "SMS SMS" to log in at this step; if you register with "SMS" in the first step, you must also use "Macau" to log in at this step.。If the registration method is different from the login method, you will lose your eligibility for certain benefits.。
After entering the application, select "SMS login"。After entering the application, choose "Login"。Enter your registered mobile phone number and the SMS verification code sent by moomoo。
After successful login, the application will pop up a series of tutorials, you can choose to "skip" to continue the account opening process, or stop first, the next step reference application provides steps。
You will find that the application is rendered in Chinese。Therefore, after successful login, you can also change their familiar language。
Step: Click "Me" in the lower right corner > click "Settings" > "General" > "Language" > choose the language you want, such as traditional Chinese。
After completion, click on the "transaction" below, and then click on the "complete account," and then click on the next step。
Step 4: Confirm Resident Identity
If you are not a Malaysian living in Singapore, you can choose "Other regions"。The system will remind you again to prepare your passport or ID, work information, proof of address, etc., to facilitate the next process。
Click Next and fill in your valid mobile number。
Step 5: Provide personal information
Enter your personal information such as name, gender, date of birth, nationality, country of birth, etc.。
If you are a Malaysian citizen, you can directly upload the front and back photos of your identity card (IC) and fill in the ID number in the ID number section。Note that the shooting documents must ensure that I am complete, the text indicates important。
Subsequently, enter your residential address, ensuring that the address information is consistent with your identity document。
Step 6: Fill in the tax information
Answer questions and provide your taxpayer identification number。
If you are a Malaysian, you can refer to the Income Tax Number (ITN) or No.Cukai Pendapatan (example: SG 11234567891)。
Step 7: Fill in the investment experience and financial situation
According to your employment and source of income, you can fill it out truthfully.。
Step 8: face authentication
According to the instructions, just put your face in the direction of the offer。
Step 9: Set Password
Passwords must be 8 to 20 characters and include letters, numbers, or symbols. Letters are case sensitive。
Step 10: Enter
After entering one, click "Submit"。
Step 11: Risk Disclosure Statement
After reading the risk disclosure statement, tick and press Next。
Step 12: Complete the account opening
Finally, you will be rich Singapore foreign exchange, generally received to open an account only 1 to 3 working days。After the account is opened, you can deposit money and start trading.
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