Futu Account Opening Guide: Master All Key Details in One Article

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You only need to prepare your ID and proof of address to open a Futu account using the Futu Niuniu App. The entire process takes as little as 1 minute, with no need to repeatedly upload documents. After completing the account opening, you also have a chance to receive welcome rewards of up to USD 2,000. Opening a Futu account makes your first step in investing easy, saving time and being convenient.

Key Points

• Prepare your ID, proof of address, and employment details, ensuring documents are clear and valid to avoid application delays.
• Download the Futu Niuniu App, follow instructions to fill in details, upload documents, and link a bank account for a simple and fast process.
• The initial deposit must be at least USD 1,300, and upon completion, you can enjoy welcome rewards; be sure to note deposit deadlines and conditions.
• Students can apply for exclusive benefits, including no minimum deposit requirement and additional rewards, helping you easily enter the investment world.
• Investing involves risks; assess your risk tolerance and use limit orders and stop-loss orders to manage risks and protect your capital.

Account Opening Preparation

Required Documents

Before starting the Futu account opening process, you should prepare the following documents:

• Hong Kong ID (front and back) or overseas passport
• Proof of address (e.g., Hong Kong bank statement, utility bill, etc., showing your name and address)
• Employment details (e.g., employer name, position)
• Tax identification number (e.g., Hong Kong tax number or overseas tax number)

You must be at least 18 years old to apply for an account. These documents not only verify your identity but also facilitate platform review. According to user feedback, many people experience application delays or need to re-upload documents due to incomplete or incorrect submissions. Futu continuously optimizes document requirements based on this feedback to ensure you can smoothly complete the account opening process.

Tip: Before applying, check that all documents are clear and valid to reduce the need for resubmissions.

Data Preparation

You need to organize your personal information in advance, including contact phone number, email address, employment details, and tax identification number. These details are used not only for identity verification but also for platform compliance checks. For example, with China’s Golden Tax System Phase III, tax authorities integrate multi-departmental data using tax numbers for automated monitoring and risk alerts. If your provided information is incomplete or inconsistent, you may be required to submit additional documents, which could delay the account opening process.

• Preparing complete employment details and tax numbers helps the platform review quickly.
• Ensure data accuracy to avoid rejections or delays due to errors.
• Employment details and tax numbers are key focus areas for compliance checks, so fill them out correctly.

As long as you follow the steps to prepare the above documents and information, the Futu account opening process will be very smooth, saving you considerable time.

Futu Account Opening Steps

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Download the App

You first need to search for “Futu Niuniu” in your mobile app store, then download and install the app. This application supports both iOS and Android systems. You can find it in the App Store or Google Play. The download process typically takes a few minutes. After installation, open the app to start registration.

Tip: Ensure your phone has sufficient storage space and a stable network to avoid download interruptions.

Registration and Invitation Code

After opening the Futu Niuniu App, you will see the registration page. You need to enter your phone number and set a login password. The system will send a verification code to your phone; enter the code to complete registration.
If you have a friend’s referral, you can enter an invitation code during registration. Using an invitation code gives you a chance to receive additional welcome rewards. You can proceed without an invitation code, but having one is more advantageous.

Note: Invitation codes are typically provided by existing users or obtained from Futu’s official event pages.

Fill in Details

After registration, you need to start filling in personal information. You must enter your name, date of birth, contact phone number, email address, employment details, and tax identification number. These details must match your document information.
You also need to select an account type, such as an individual or joint account. Ensure all information is accurate to avoid delays in the review process.

Upload Documents

You need to photograph and upload your Hong Kong ID (front and back) or overseas passport, as well as proof of address. Proof of address can be a Hong Kong bank statement, utility bill, or government letter, showing your name and address.
When uploading, ensure images are clear, without glare, and all details are legible. The platform will use these documents for identity verification.

Tip: Use natural light when photographing to avoid blurry or reflective images.

Link a Bank Account

You need to select a Hong Kong bank and enter your bank account details. This step is mainly for future deposits and withdrawals. You must ensure the bank account holder’s name matches your account opening information.
Banks such as HSBC Hong Kong, Standard Chartered, and Bank of China Hong Kong support linking. You need to upload proof of the bank account, such as a bank statement or online banking screenshot.

Deposit Requirements

After linking your bank account, you need to make an initial deposit. Futu account opening requires a minimum deposit of USD 1,300 (approximately HKD 10,000, calculated at 1 USD ≈ 7.8 HKD). You can deposit via Hong Kong bank transfer or FPS.
After depositing, upload proof of deposit, such as a transfer screenshot or bank transaction record, to speed up the review process.

Note: Some welcome offers require you to complete the deposit within a specified period, and funds must remain in the account for a certain time; check the official event details.

Submit Application

After completing all the above steps, review all information and documents again. Once confirmed, click “Submit Application.” The system will display the application progress. Typically, Futu account opening reviews take 1 to 2 business days.
Upon approval, you will receive a notification and can officially start investing. The entire process can take as little as 3 minutes to complete the application, making it very convenient and fast.

Tip: If you encounter any issues, you can contact Futu customer service or check the FAQs within the app.

Account Opening Offers

Welcome Rewards

After completing your Futu account opening, you can receive generous welcome rewards. In 2025, new customers have a chance to receive rewards ranging from USD 205 to USD 256 (approximately HKD 1,600 to HKD 2,000, calculated at 1 USD ≈ 7.8 HKD). These rewards include:

• Designated stocks (e.g., US or HK stocks)
• Bitcoin fractions
• Supermarket vouchers
• Cash coupons

You can choose different types of rewards based on your needs. Some rewards are issued as cash coupons or vouchers, convenient for daily use. Simply complete the account opening and deposit steps to automatically participate in the welcome program.

Note: Welcome rewards are limited and offered on a first-come, first-served basis. You should complete your application early to avoid missing out.

Promo Codes

Some welcome offers require you to enter specific promo codes. During registration or account opening, enter the promo code in the designated field to receive additional rewards. Common promo codes include:

You can ask friends for promo codes or check Futu’s official event pages. Each promo code can only be used once and has an expiration date. You should enter it during account opening to ensure you don’t miss any benefits.

Tip: You can find the latest promo code information in online communities or Futu’s official social media groups.

Deposit Conditions

To receive welcome rewards, you must meet deposit conditions. Typically, you need to make an initial deposit of at least USD 1,300 (approximately HKD 10,000) within 7 days of account opening. You can complete the deposit via Hong Kong bank transfer or FPS. Some offers also require you to keep the funds in the account for a specified period (e.g., 30 days).

Deposit conditions overview:

• Initial deposit amount: At least USD 1,300
• Deposit methods: Hong Kong bank transfer, FPS
• Fund retention: Generally 30 days or more
• Deposit deadline: Within 7 days of account opening

You should retain proof of deposit for future reference or reward claims. If you fail to deposit within the specified time, you may lose eligibility for some offers.

Note: Deposit requirements may vary slightly for different events; refer to Futu’s official announcements.

Student Benefits

If you are a full-time student, Futu offers exclusive benefits. You only need to upload valid student proof (e.g., student ID or enrollment certificate) during account opening to apply for student-specific offers. Student benefits include:

• No minimum deposit requirement for some events
• Extra cash coupons or vouchers
• Student-exclusive financial seminars or investment courses

You can use your student status to start engaging with the investment market early and gain financial experience. Futu periodically launches student-exclusive events, so you should stay updated with official news.

Tip: Student benefit quotas are limited; apply early to increase your approval chances.

Common Issues

Market Order Pitfalls

When trading stocks, market orders execute immediately at the current market price. While fast, prices can fluctuate suddenly, causing you to buy high or sell low. Beginners are advised to use limit orders, setting a desired price to avoid unnecessary losses due to market volatility.

Tip: Limit orders help you control buy/sell prices, reducing risks.

Exchange Rate Risks

When opening a Futu account and depositing funds, your money may involve currency conversions. Exchange rates fluctuate daily, and unfavorable rates during deposits can reduce the actual amount credited. You should convert funds when rates are stable and check the platform’s latest exchange rate information.

• Check the daily exchange rate before depositing.
• Avoid large conversions during high exchange rate volatility.
• Stay updated with platform announcements for the latest exchange rate policies.

Event Deadlines

Futu’s account opening offers and promotional events have specific deadlines. You need to complete account opening, deposits, and other steps within the event period to qualify for rewards. The platform tracks user participation over different time periods (e.g., 7 days, 30 days, 90 days, 180 days) and displays the latest event dates. These statistics cover multiple applications and entry points, letting you know if you qualify for the event.

• Event dates within 7, 30, 90, or 180 days are displayed.
• Includes the last activity dates for different applications and entry points.
• Sometimes event dates may be blank or delayed in updating, which is normal.

Note: Offer quotas are limited; complete all steps early to secure benefits.

Stop-Loss Setup

When investing, you should learn to set stop-loss orders. Stop-loss orders automatically sell when a stock price falls to a certain level, helping you reduce sudden loss risks. This feature is especially important for beginners to protect your capital.

Tip: When setting stop-loss levels, adjust based on your risk tolerance and avoid blindly following trends.

Platform Features

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Commission-Free Trading

On the Futu platform, you can enjoy lifetime commission-free trading for Hong Kong stocks. US fractional share trading is also commission-free. General trading commissions are as low as 0.03%, significantly reducing your investment costs. This low-fee structure makes it easier to diversify investments and improve capital efficiency.

Tip: Check the fee details before each trade to ensure full cost transparency.

Diverse Products

Futu supports various financial products, including Hong Kong stocks, US stocks, options, futures, cash management products, and margin trading. You can manage different assets on a single platform without switching accounts. Diverse product platforms have the following advantages:

• Cover multiple product categories, attracting diverse investors.
• One-stop management enhances operational convenience.
• Stable traffic and shared resources reduce costs.
• Flexible addition of new products offers significant growth potential.

You can refer to the diverse strategies of Shopee and Momo Shopping, which also attract large user bases with varied products. However, platforms need continuous innovation to stay competitive.

Smart Tools

Futu provides multiple smart tools, including AI analysis, smart stock selection, real-time quotes, and automated alerts. You can use these tools to quickly grasp market dynamics and improve decision-making efficiency. The AI stock selection feature recommends potential stocks based on market data, helping you reduce blind trading.

Community Interaction

You can interact with other investors in the Futu community, sharing insights and investment experiences. The platform offers discussion forums, real-time chat rooms, and expert analysis, keeping you updated with the latest market information. Community interaction helps you build networks, enhance learning efficiency, and make your investment journey less solitary.

Risk Disclosure

Investment Risks

When investing with Futu, you must understand that all financial products carry risks. Even products like cash management accounts, which may have performed well in the past, can see future returns fluctuate with market conditions. You should not base investment decisions solely on past performance.

Note: Before investing, assess your risk tolerance. Don’t put all your funds into a single product. Diversifying investments can reduce loss risks.

• Prices and returns of stocks, funds, cash management products, etc., fluctuate with the market.
• You may profit but could also lose your principal.
• During sudden market events, product prices may experience significant volatility.

You should regularly review your investment portfolio. If unsure about a product’s risks, check Futu’s product descriptions or consult professionals.

Legal Disclaimer

When opening a Futu account and investing, you must comply with Hong Kong and relevant regional laws and regulations. You need to provide truthful personal information, including identity proof, tax numbers, and bank details.

Note: Providing false information or violating laws may lead to account termination or legal liability.

• You must be at least 18 years old to open an account.
• Ensure all provided information is true and accurate.
• Understand tax regulations in different regions and declare income on time.

Before investing, carefully read Futu’s user agreement and risk disclosure statement to protect your rights and reduce unnecessary legal risks.

You now have all the key details for opening a Futu account. In just a few minutes, you can enjoy generous offers. Many users improve account opening success rates and engagement through data analysis and real-time feedback.

• Companies analyze open rates, click rates, and conversion rates to optimize processes, enabling more successful account openings.
• User feedback helps platforms adjust content in real-time, improving satisfaction and loyalty.

If you have questions, feel free to leave a comment or contact Futu customer service:

• Online Support: Instant inquiries via the Futu Niuniu App
• Customer Hotline: +852 2523 3588
• Email: cs@futuhk.com

FAQ

How long does account opening take?

You can generally complete the application in 3 minutes. Reviews typically take 1 to 2 business days. You’ll receive a notification, then you can start investing.

What if I enter incorrect information?

If you notice errors, contact Futu customer service immediately. You can inquire via the app or call the hotline to assist with corrections.

Is there a minimum deposit requirement for account opening?

You need an initial deposit of at least USD 1,300 (approximately HKD 10,000, 1 USD ≈ 7.8 HKD). You can use Hong Kong bank transfer or FPS.

Can students open accounts?

If you’re 18 or older with valid student proof, you can apply for student-exclusive benefits, including no minimum deposit for some offers.

Can I trade stocks immediately after opening an account?

After completing account opening and depositing funds, you can trade stocks immediately once the account is activated. You can place orders anytime via the app.

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