Futu is a NASDAQ-listed brokerage established in 2012. The fintech firm offers multi-asset trading opportunities on two proprietary platforms; Futubull and moomoo. Futu holds licenses with 20+ authorities including the ASIC, NFA and SFC. An impressive 15 million customers trade with Futu.
Charles Schwab is a large US investment broker offering a massive range of stocks, ETFs and equity derivatives in a variety of savings and investment accounts. The trustworthy brand has been offering financial services for 45+ years with over 35 million brokerage accounts and $870+ billion in assets under management. Charles Schwab is also regulated by top-tier watchdogs including the SEC and FCA.
Comment by Reviewer
"Futu is best for investing in Hong Kong, Chinese and US stock markets with transparent pricing. The broker is trustworthy with strong regulatory oversight and multiple awards."
"Charles Schwab will serve long-term investors looking for managed accounts, financial advice and self-directed trading opportunities. Fees are competitive, with zero-commission stock and ETF trading and no account minimums for individual brokerage accounts."
Pros
Reputable brokerage listed on the NASDAQ and registered with tier-one regulators
Extensive list of investments including stocks, options, ETFs, warrants, bonds and IPOs
Transparent pricing model with no commission fees to trade HK stocks & ETFs and free market data
Easy-to-use proprietary trading platform with desktop software, browser compatibility and a mobile app
Regulated worldwide with segregated client funds, ISO27001 security credentials and investor compensation schemes
Investor backing from several corporations including Tencent Holdings
NiuNiu community-based platform with NiuNiu Classroom education access
Charles Schwab supports indirect crypto trading through digital coin trusts and crypto-related stocks. You can get exposure to popular digital currencies such as Bitcoin, Ripple and Ethereum.
