Futu Holdings Sustains Solid Growth
Moomoo charges no commission for trading US stocks and ETFs, similarly to its closest competitors. It’s also great that the fee structure is transparent and easy to understand. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. To read much more details about the broker’s services and features, expand on the sections below. My Hustle — Changemakers III In Chicago, a 10-year-old creates care packages that include everything from food to socks and toiletries for the homeless. Then there’s the young man who, looking to address the problem of sour candy that disappoints, becomes an online influencer who builds a business around his own candy line.
Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are equity securities that have been issued pursuant to Regulation A of the Securities Act of (“Regulation A”). These investments are speculative, involve substantial risks , and are not FDIC or SIPC insured. Alternative Assets purchased on the Public platform are not held in an Open to the Public Investing brokerage account and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public, and Public may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC.
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The challenges will see users design their own avatar then navigate their way through the mooverse Quiz Map and earn points for correct quiz answers. Points can be used to purchase virtual clothing items and accessories and users can share their curated profile pictures to win further prizes. Each device, regardless mobile or computer, can be only entitled to one set of account opening bonus and deposit bonus. After your first account receives the reward for opening an account and deposit bonus, all other accounts on this device will no longer be able to receive the reward. Once promotional tasks are completed, you can draw the stocks.
- As for options trading, you pay $0.65 per contract as with most brokers.
- Paper trading isn’t a given for an online broker, so this is one selling point for moomoo if you’re looking to sharpen your investing skills without spending real money.
- Moomoo offers a robust mobile and desktop trading platform that offers similar features to those of other top stock brokers.
- And it doesn’t support mutual funds, bonds, CDs, or cryptocurrency.
- For example, there are transaction fees and trading fees for Hong Kong and China A-shares.
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The website has a few other tools, like an account document download widget, but there’s not much more on it. Trades of Chinese securities do carry a commission https://www.forexlive.com/ of 0.03% of trade value, with a minimum commission of HK$3 (or ￥3 for mainland securities). There is also a platform fee that is assessed per trade.
Tencent has always had a keen eye for investing in the next emerging company. Given the hefty and sizable investments, both Mr Leaf and Tencent would want to ensure that FUTU continues its credibility and rapid growth. Lastly, who can be oblivious to the Asia super apps developed by Tencent https://en.wikipedia.org/wiki/Foreign_exchange_market and Alibaba? These are the bluechip tech stock representatives available on the Hong Kong market. Also, not to forget the next generation of exciting and upcoming apps like Meituan and Bilibili. Prior to choosing any brokerage account, the most important criteria is its licenses.