Here comes another brokerage in Singapore – Futu Holdings and under the Singapore name “MooMoo”? Sounds kind of fishy but legit.
From their website:
Their investors include Tencent Holdings, Matrix Partners and Sequoia Capital. Sounds decent to me.
Futu Holdings Limited (“Futu”) （NASDAQ: FUTU）is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform .
Futu was listed on Nasdaq on March 8, 2019.
Under MooMoo, they are under the Singapore branch, https://www.moomoo.com/ and from time to time they will run a promotion to fund the brokerage account to get 1 Apple share. Although after setting up the brokerage, maybe buying Futu stocks in the US stock exchange might be a good idea given their backing.
After Tiger brokers, here come another commission free brokerage mobile platform with similar functions and good promotions. It seems like the apple share promotion has ended. If you wish to sign up for those commission free perks and/or future promotions, do use my referral code here: https://j.moomoo.com/004Fsa
- Currently, the promotion would run for 600 days free commissions.
- Also if you fund USD 2k equivalent. there is a USD30 credit.
- Plus free level 2 market data.
If you decide to sign up with Futu Brokerage, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M
If you like what I am sharing or if it resonates with you, do use my referral codes for other services at Referral and Recommendations
These pictures were taken off Futu/Moomoo website for reference.