1. Futu Securities Futu Securities was established on 20 12. It was not established in mainland China, but was established elsewhere, but it also holds a formal business license. Therefore, Futu Securities is also a financial institution that conforms to China's laws. Qualified to provide advice on futures contract trading, securities trading and futures contracts, and be able to operate these businesses. At the same time, there are also some companies under the Group that can conduct business abroad at the same time, and they have also been certified by some large foreign companies, including Tencent, so their strength and financial resources are guaranteed and their funds are relatively abundant.
Second, the shortcomings of Futu Securities Although Futu Securities is relatively formal, it also has some shortcomings, that is, bad places. For example, if you buy securities in it for exchange, the cost is very high and it is difficult to withdraw cash. There is no commission for purchasing wealth management products in Futu Securities, but there are hidden charges, and this commission-free is only for Hong Kong stocks, and US stocks are bound to be free of commission. Futu Securities advertises a commission of USD 5 per share, but it must be a bank card in mainland China or Hong Kong at present, otherwise it cannot be withdrawn. Therefore, Futu Securities is also difficult to use. Some netizens said that Futu Securities may run away halfway, that is, the broker in charge of your securities has run away, and Futu Securities is still there, but it will also lead to your principal loss.
Three. Therefore, before buying a wealth management product, we must clearly understand its past life, list the advantages and disadvantages of each operation, and make a comprehensive comparison to determine whether it is enough to buy this kind of securities. For example, Futu Securities looks formal on the surface, but it is difficult to use and has many shortcomings.