What is FUTU NiuNiu?

About Futu Holdings Ltd Futu Holdings Limited is an investment holding company engaged in offering digitized brokerage platforms. The Company mainly provides investing services through its digital brokerage platform under the name of Futu NiuNiu.

Is FUTU a China company?

Futu Holdings Limited (Chinese: 富途) operates as a holding company in digitized brokerage and wealth management platform in China, Hong Kong, the United States, and internationally. The largest investor of Futu as of 2019 is Tencent.

How do you use FUTU?

Fill out the information online and select “Open an account online”, use your mobile phone or computer to upload your ID card and address proof photo, then bind your bank account and deposit HK $ 10,000 to the Futu account shown on the screen. The sooner you do this, the quicker you can start investing!

What does FUTU holding do?

Futu Holdings Limited operates as a holding company. The Company, through its subsidiaries, offers an online brokerage platform that enables individual investors to trade in listed stocks. Futu Holdings serves customers in the United States, China, and Hong Kong.

Is Moomoo better than Webull?

Both Webull and Moomoo offer access to margin trading. Moomoo charges a flat rate of 6.8% interest on long margins for U.S. stocks, regardless of how much margin you use. Rates are higher for China-A shares. If you need more than $25,000 in margin, Webull is the more affordable option.

How do I withdraw money from FUTU app?

China Merchants Bank Client: E-card – Bank-Security Transfer – Coupon Broker / Merchant to E-card Step 1: Select the Hong Kong Card number for withdrawal; Step 2: Select the broker/dealer name: Futu Securities; Step 3: Select the currency of withdrawal; Step 4: Fill in the withdrawal amount.

Is FUTU a good company?

Quality Earnings: FUTU has high quality earnings. Growing Profit Margin: FUTU’s current net profit margins (47.3%) are higher than last year (28.2%).

Should I buy FUTU stock?

FUTU has an average analyst recommendation of Strong Buy. The company has an average price target of $220.58. FUTU has an Overall Score of 59.

How do I withdraw money from FUTU?

Moomoo (or FUTU SG) does not charge any withdrawal fees. If you would like to make a cash withdrawal from your account, simply login to your trading app, click on “Brokerage Account”, select which currency account you’re withdrawing from, scroll down, and click on the “Withdraw” option.

Is FUTU commission free?

Free trading refers to $0 commissions for Futu self-directed individual cash or margin brokerage accounts of U.S. residents that trade U.S. listed securities via mobile devices or Web. Relevant SEC & FINRA fees may apply. For details, please see Commission and Fees.

Which credit rating grade did FUTU receive from S&P Global?

bbb
Tech-driven online brokerage and wealth management platform Futu Holdings Limited has obtained a “bbb” group credit profile and a “BBB” investment grade long-term issuer credit rating from S&P Global Ratings.

Is Moomoo a PFOF?

moomoo is in fact a zero-commission broker when it comes to buying and selling US stocks. Zero commission is especially useful if you trade relatively low volumes, like buying stocks for less than $500 per trade, because you won’t be hit with any minimum fees the broker might charge.