The most suitable investment platform for novices｜Futu Moomoo's five advantages at a glance

Have you ever thought about it for a moment, with so many investment platforms on the market, how should I choose? If you want to invest in US stocks, Hong Kong stocks, Singapore stocks, A shares, futures, ETFs and other investment projects at the same time, how should you look for them? Last but not least, will the commission be high? Today I will announce them one by one for everyone.

Hello, I'm Charles. I believe that many friends are very eager to invest, but they are hindered by many invisible difficulties to start investing. Some people really want to invest in foreign stocks, such as the US stock Tesla Tesla, but But because the platform only supports English, I can’t fully understand the relevant stock information and stop. I missed the benefits brought by investment compound interest. U.S. ETFs, bonds, gold, Hong Kong stocks, etc., the answers I get are very consistent, that is, our banks do not have this service... If I was in this technologically advanced day, then my investment compound interest should be better than it is now better. 😮‍💨So I really don't want this unfortunate thing to happen to you, and today Charles will bring you a comprehensive, safe and reliable investment platform - Futu moomoo

Briefly introduce Futu moomoo

Futu moomoo is a trading platform software launched by Futu Holdings Co., Ltd. in 2018. It was listed on NASDAQ in March 2019 (NASDAQ: FUTU) (if you are interested, you can also hold his stock) . Before the launch of Futu moomoo, Futu Niu Niu, a one-stop investment platform for Hong Kong stocks/US stocks/A shares, has been launched in China. It is quite well-known in China and is a strategic investment target of Tencent. The current Futu Moomoo is the international version of Futu Niu Niu trading software. You only need to search on the App Store and Google Play to download, and it also supports the download of the computer version mac and windows.

Nowadays, many people already have the awareness of investment and invest in the field of financial investment one after another. All they need is a suitable platform. Of course, I will also provide some reference opinions from the perspective of a novice investor. Why choose this platform?

Of course, I also used this investment platform eToro before, (if you are interested, you can also check this article, why did you choose eToro as your first trading platform? ), so of course I will use eToro platform as a comparison. First of all, from the perspective of an investor, the biggest difference is the stability of the platform. eToro is not suitable for short-term investors. It will often enter the platform maintenance state without warning, resulting in the inability to trade in time. Need to know that this is a fatal shortcoming for short-term investors! You can't close your profit in time, that is to say, you originally made money, but in the end, you turned from profit to loss because you couldn't close the position in time, and a similar time happened last night, so if you are also a short-term investor, it is really not good It is recommended to use too. Speaking of this, it feels like discrediting eToro, no, eToro still has its own characteristics/competitiveness (for example, you can buy "odd stocks", small investors only need to invest 50 US dollars to buy the current value of one share $890 in stock), just as a user, I have to be honest. So at a very early stage, I have transferred my main funds to Futu MooMoo Singapore / Futu MooMoo Australia , of course, mainly because I want to trade options.

Futu MooMoo has been in the market for a while, and I have also used this platform for a long time, so today I decided to share this trading platform that is excellent in all aspects and very suitable for beginners of retail investors. Next, I will share some very useful functions for investors.

List of five advantages of Futu Moomoo

1. safety

All activities involving money transactions are very sensitive. After all, it is our hard-earned money. How can we casually put our hard-earned money on an unregulated trading platform? I have a lot of experience in this aspect, so I also deliberately searched for this related information before. The safety of Futu MooMoo is regulated by the following organizations, which means that Futu MooMoo cannot conduct any non-compliant operations at will.

Regulatory Authority

2. transaction fee

I believe that many people pay attention to this aspect. After all, no one wants to lose a lot of money before starting to invest. Futu MooMoo 's US stock trading commission is almost negligible, and what I like most is that there is no charge for withdrawals, which is great! Remarks: As long as you withdraw money to a local bank account with Futu MooMoo Securities , you can enjoy 0 withdrawal fees and 0 bank handling fees. For example, your Futu MooMoo account is registered in the jurisdiction of Singapore Securities Securities Yes, if you also have an account with the same name as Bank of Singapore, you will enjoy 0 withdrawal fees and 0 bank handling fees.

Comparison of platform fees

3. investment project

Compared with eToro , Futu MooMoo has significantly more investment projects. The most important ones are of course options and A shares that I miss the most.

investment goods

3. platform interface

One of the factors that determine whether a platform is suitable for long-term use is of course the ease of operation and functionality of the platform. Futu MooMoo supports switching between Chinese and English at any time, with a wide range of trading varieties, massive information, rich research data, demo account Paper Trading , support for pre-market and post-market trading, and Day Trade timely information reminders and other visual functions. It is very intuitive to obtain information Clearly, of course the most special feature is that you can chat with talented people.

Support Chinese/English interface

Massive information, rich research data

4. customer service

Regardless of whether you are a novice or a veteran, the timely support of customer service is a very important part. Futu MooMoo really makes me strongly recommend it. The customer service responds to messages almost in seconds, and you can directly ask the information you want to know in Chinese , which greatly reduces the difficulty of the transaction, and what surprised me the most is that even after you have asked the question you should ask, after a period of time, if the customer service feels that the relevant problem needs to be supplemented / modified some information , Futu MooMoo customer service will send you messages spontaneously and thoughtfully. I am quite surprised in this aspect; compared with eToro , which needs to send emails in English to inquire about this aspect, it forms a big contrast, and in many cases eToro is not necessarily Will reply to emails, unless you are his VIP user, you can have a more on-call customer service.

This is a screenshot of the previous question

5. Full platform coverage

The last is the full platform coverage, which is very important. When you have been trading for a long time, you will understand why such a high coverage is needed. Futu MooMoo 's full platform coverage function, the data update between devices is very timely. You only need to search on the App Store and google play to download, and it also supports the download of computer versions mac , windows and OpenAPI .

Summarize

As a user, although I recommend it so much, it does not mean that it is completely suitable for you. There is still an old saying here, there is no best platform, only the platform that is most suitable for your current situation. If you are new to In the investment field, if you have limited funds, you can choose eToro; if you want to be comprehensive and can handle it with one platform, you can choose Futu MooMoo ; if you become a professional investor one day and want to invest in more investment projects, you can choose IB [Interactive Broker]. So there is really no need to worry about which one is the best. The one that suits you best at the moment is the best platform. Investment is risky, and transactions need to be cautious. I hope you can also achieve great wealth growth in the investment field !

Account opening link : Singapore / Southeast Asia account opening link 🔗 / Australia account opening link 🔗

 

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