Futu’s Investment Platform Gains Over 100,000 Paid Users Following Singapore Launchby Fintech News Singapore June 2, 2021
Futu Singapore, a wholly-owned subsidiary of Futu Holdings which offers a fully digitised brokerage and wealth management platform, has attained over 100,000 paid clients with its user base soaring over 220,000 in Singapore since the official launch of its moomoo app in March 2021.
The firm said that its robust growth over the few months has been complemented with positive user feedback on the interface and product offerings.
Futu’s one-stop trading platform provides users with a seamless platform to manage their portfolio across multi-markets, access up-to-date resources and real-time market data, and interact with other like-minded individuals via the in-app forum, moo community.
Among the 100,000 paying customers, over 40% showed a keen interest in trading in the US market.
Futu currently has over 14 million users worldwide and possesses one of the fastest growing investor communities in the region which enables users to stay up-to-date with latest investment trends and to seek guidance from seasoned and new investors.
To commemorate this milestone, Futu Singapore is offering 1 Free AAPL share for eligible new clients with a total deposit of either SGD 2,700 (USD 2,000) where terms and conditions apply.
“We feel immensely proud to reach this milestone in the Singapore market and are thankful for all the support and feedback we have received from the investing community here.
We will continue to stay committed to scaling up our business portfolio in Singapore and are looking forward to having more local talent help pave the future for Futu,”
said Leaf Hua Li, Futu’s Founder, Chairman, CEO and Chairman of the Technology Committee.