Futu is a worldwide trading ecosystem renowned for its collaborative features, empowering users to observe and emulate the strategies of veteran investors.
Established in 2007, Futu has grown into a comprehensive platform serving a worldwide clientele. Offering a spectrum of assets including stocks, digital currencies, commodities, and forex, it is governed by prominent regulators like FCA (UK), CySEC (Cyprus), and ASIC (Australia). Its intuitive design and broad asset categories appeal to both beginners and seasoned traders, making it a preferred choice in the trading community.
A standout feature of Futu is its Social Trading functionality, which fosters community engagement, knowledge sharing, and real-time trading insights. The innovative CopyTrader tool allows users to directly replicate the trade strategies of expert investors, facilitating a hands-on learning curve and enabling profit-sharing opportunities with experienced traders.
Investors on Futu can execute stock transactions globally without incurring brokerage commissions, offering a cost-effective path to portfolio diversification and cost management.
New users can trial the platform risk-free with a $100,000 virtual trading account, which allows for strategy testing, feature exploration, and confidence building before committing real capital.
For investors valuing ease of use, Futu’s Managed Portfolios feature expertly assembled selections. These combine top-tier traders or specific asset types, like technology stocks or precious metals, into unified investment packages.
Although Futu promotes zero-commission transactions on stocks, investors should be mindful of spread costs, overnight CFD charges, and withdrawal fees. Here's an overview:
Fee Type | Description |
---|---|
Spreads | Costs differ depending on the asset class. Major currency pairs like EUR/USD offer tight spreads, whereas less-liquid cryptocurrencies may have broader margins. |
Overnight Fees | Ideal for forex trading outside standard trading hours. |
Withdrawal Fee | A small fee might be levied on withdrawals. |
Inactivity Fee | Platform services might not be available in certain jurisdictions. Verify local regulatory compliance before trading. |
Disclaimer:All fee models can fluctuate based on market dynamics. For current fee details and comprehensive cost information, visit the official Futu website.
Register by entering your email and creating a password, or connect via your preferred social media account.
Choose your payment method from options like credit/debit cards, electronic bank transfers, or PayPal.
Set your payment preferences by selecting from various channels such as credit/debit cards, bank transfers, or digital wallets.
Experiment with the simulated trading platform for practical experience or jump straight into real-market trading.
When confident, rapidly expand your investment horizon by choosing stocks, digital assets, or by following the strategies of leading traders!
Futu operates under the oversight of esteemed regulatory authorities, including:
These protocols require Futu to maintain high standards for protecting client assets, transparency, and user security. This ensures your investments are safe and kept separate from corporate funds.
The platform uses SSL encryption to protect your personal and financial information. It adheres to AML and KYC regulations to prevent fraud. Additionally, two-factor authentication (2FA) is available to strengthen account security.
For some retail users, negative balance protection ensures losses cannot exceed deposits during extreme market turbulence. This feature adds an extra layer of security for traders facing volatile conditions.
Register now for free and enjoy commission-free equities trading combined with cutting-edge social trading tools on Futu.
Create Your Complimentary Futu AccountUsing our referral link may help us earn a commission at no additional expense to you. Remember, trading carries risks; only allocate funds you can afford to lose.
Absolutely, Futu maintains a straightforward fee structure with no hidden charges. Our comprehensive pricing guide details all applicable fees tailored to your trading preferences.
Platform-specific transaction fees depend on user activity, market conditions, and the overall network environment.
To sidestep overnight charges, consider avoiding leverage or closing leveraged positions before the trading session ends.
If you exceed the permitted deposit thresholds, Futu may restrict further deposits until your account balance falls below the established limit. Staying within recommended deposit ranges is essential for optimal investment management.
Transferring money between your linked bank account and Futu is free of charge through the platform. However, your bank could potentially apply its own fees for processing these transactions.
Futu features an attractive pricing model with zero commission on stock transactions and clear spreads across multiple asset classes. Its fees are generally more competitive and transparent than traditional brokers, particularly in social trading and CFDs segments.
In summary, Futu blends standard trading functionalities with social interaction components, offering an intuitive user interface, no-commission stock trades, and the innovative CopyTrader feature—ideal for beginners. While some spreads and fees may be higher for certain assets, the engaging platform and vibrant community usually offset these costs.