Futu Launches 'Universal Account' in Hong Kong to Enhance Global Investment Experience

(Hong Kong – 4 July 2024) Futu Holdings Limited (Nasdaq: FUTU) ("Futu" or the "Company"), announced the launch of its Universal Account feature on its Futubull app in Hong Kong, as part of its mission to continuously provide investors with an enhanced trading experience. The  Universal Account, which will be rolled out from 6 July 2024 and onwards, allows investors to seamlessly manage investments across multiple markets, including Hong Kong stocks, US stocks, A-shares, and Japanese stocks. With one single account, investors can trade various investment products across markets and manage their portfolios efficiently. Along with the new feature launch, Futu also offers 0 commission for US stock fractional share trading, lowering barriers to entry for Hong Kong investors to seize investment opportunities.

Daniel Tse, Managing Director of Futu Securities, said, "Today, retail investors in Hong Kong are increasingly looking to diversify their investment across markets and assets. To address the growing demand for diverse investment products and enhanced investment experience, we have upgraded our investment accounts in Hong Kong, offering a more streamlined and user-friendly interface for investors to manage their diverse portfolios with enhanced efficiency. Leveraging advanced technologies and a strong global presence, Futu is committed to providing investors with the best platform and trading experience to achieve their financial goals."

Three upgraded features: Empowering investors with enhanced multi-market trading capabilities
In addition to offering a broad range of investment options, Futu has also introduced three new features to provide investors with a more user-friendly trading experience.

1. Integrate Multi-Markets Trading Account
Under the new account model, investors can access multiple markets using a single account, including Hong Kong stocks, US stocks, A-shares, and Japanese stocks. Futu will continue to expand market options to include Singapore, Australian, and Canadian stocks in the near future. The account supports multi-currency settlements, which significantly enhance efficiency. Investors no longer need to manage multiple accounts with the new Universal Account.

2. Fee Preview
To simplify investment budgeting, Futu has introduced the "Fee Preview" feature in the Universal Account. This enables investors to easily view estimated fees when placing trade orders, allowing them to calculate investment costs and make well-informed investment decisions.

3. Trigger Conditions
To assist investors in tracking prices for trading options or indexes, Futu has launched the "Trigger Conditions" feature. This allows investors to set specific conditions such as time and price, with the system automatically placing and executing orders as specified.

Unlocks the "U.S. Stock Fractional Shares" and "U.S. Stock Monthly Investment" Features,  Lowering Barriers to Entry
To make investing in US stocks more accessible, the Universal account now unlocks the "US Stock Fractional Shares" and "US Stock Monthly Investment" features. This enables investors to acquire shares of various high-quality US companies for USD 5. Additionally, the new account supports monthly investments in US stocks and ETFs.

Alan Luk, Chief Strategist of Futu Securities, shared, "Amid the AI hype, the US stock market has kept rising, but the high entry cost for many quality stocks remains a hurdle for retail investors looking to diversify their portfolios. To avoid the pitfalls of chasing highs and getting stuck, investors can take advantage of our Universal Account's monthly investment feature, which allows regular, fixed-amount investments, helping investors mitigate the risk of buying at peak prices. Additionally, it gives investors the flexibility to adjust their investment amount and timing according to their personal needs."

Futu's US stock trading capabilities have been highly recognized by Hong Kong investors. After becoming the first brokerage to offer "24/5, uninterrupted US stock trading", Futu further introduces the US stock fractional shares, enabling investors to enter US stocks and seize global investment opportunities easily by lowering the entry barriers.

** For details, please refer to the official promotional page of Futu: Futu Universal Account

About Futu Securities International (Hong Kong) Limited
Futu Securities International (Hong Kong) Limited is a licensed company recognized by the Securities and Futures Commission. Futu Securities has sustained high growth momentum since its establishment in 2012, securing its market leadership in Hong Kong by the number of clients, with its trading volume from retail business ranked Top 3 in the market. Based in Hong Kong, Futu Securities is a next-generation online brokerage. By combining technology and an on-the-go trading platform, Futu Securities enhances the overall trading experience and is committed to becoming an influential financial services platform globally. For more information on Futu Securities, please visit our official website at https://futuhk.com.