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moomoo, Futu's independent overseas brand, launched its online securities business in Canada, offering comprehensive, professional and easy-to-use investment tools to facilitate U.S. stock trading

clw-1981
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On September 26, 2015, FUTU Holdings Limited (Nasdaq:FUTU), a leading digital financial technology company, announced that its independent overseas brand moomoo officially launched its online securities business in Canada, allowing Canadian investors to trade U.S. stocks through moomoo. At the same time enjoy the professional investment tools, market, community, investment education courses and services provided by moomoo App.

Any securities shown are for illustrative purposes only and do not constitute any investment advice or guarantee.
Canadian investors prefer to trade US stocks, and moomoo is the only online brokerage in Canada that provides US stocks LV2 quotes for free
In Canada, the online brokerage industry is growing rapidly as the number of active users grows. According to Finder's 2021 report, Canadians rank fourth out of 16 countries in the percentage of people choosing stock trading as one of their investment strategies. At the same time, the US stock market is the largest trading volume in Canada, and in 2022, the trading volume of the Canadian US stock market is 265.16 billion US dollars, which is higher than the Canadian stock market's 235.54 billion US dollars, which brings huge market development space for moomoo. *
For Canadian investors, moomoo offers a friendlier price point. moomoo charges a minimum of $1.99 per order for U.S. stocks and ETFs, while some major Canadian brokerages charge $4.95 to $9.99 per order for the same products, according to moomoo's research data. moomoo also has a comparative advantage in exchange rate - when a single currency exchange is less than or equal to $100,000, moomoo only charges a currency exchange fee of 0.09%* transaction amount +2 US dollars, while the currency exchange fee rate of some mainstream Canadian securities companies is greater than or equal to 1% per transaction. **
In addition to the good price point, moomoo's strong product capabilities open up new technology investment journeys for Canadian investors. This year, moomoo's research and development subsidiary successfully obtained a patent officially authorized by the United States Patent and Trademark Office, patent tools including Gann box, Fibonacci retraction, etc. ***, are available for free to Canadian investors. In addition, moomoo also provides a series of tools to help Canadian investors, including thermal maps, simulated trading, industrial chain, etc. moomoo will update real-time data every 0.03 seconds, providing investors with real-time and professional information to assist investment decisions.
To date, moomoo has provided Canadian investors with more than 100 technical indicators, 45 marking tools, 50+ authoritative media content sources and 20,000 + professional financial institutions' data, filling the Canadian market's need for comprehensive, intelligent and convenient investment tools. It is worth mentioning that according to moomoo's survey of Canadian mainstream brokerages, moomoo is the only online brokerage that provides in-depth market data of US stocks LV2 for free, and moomoo's LV2 data covers US stocks, US stock options and other global markets. Compared with LV1 data, LV2 data can help Canadian investors track the Arca exchange, streaming media quotes, etc., and make more informed investment decisions on the basis of obtaining more market information.
From left to right, the LV2 market chart, professional financial instruments, and Moo community are shown
In addition, moomoo focuses more on mutual communication and mutual growth with investors. To date, moomoo and its sister brands have provided investment exchange community services to more than 20 million users. In the Moo community, Canadian investors can interact with users around the world who love to invest, share and exchange their investment journey and experience.
For global users seeking a systematic learning experience, moomoo provides more than 3,000 free investment courses in multiple languages, and makes learning plans according to user needs, so that users can control the learning progress and results. "As of the end of the second quarter, the click-through rate of the content on the first page of moo class has increased by 21% on a quarterly basis, and the course completion rate has significantly increased by 44% compared to the previous quarter," said Zeng Yuchao, head of international strategy at Futu Holdings. "With the help of moomoo, Canadian investors can learn about different investment methods and strategies of more investors around the world. To find ways to better adapt to their own needs while growing together."
"To become a global financial service platform with significant influence", the internationalization process of moomoo, an independent overseas brand of Futu, has accelerated
Canada is the second North American market entered by moomoo, which was founded in Silicon Valley in 2018 and is now a global strategic partner of the New York Stock Exchange. "To become a global financial services platform with significant influence" is the long-term vision of moomoo's parent company Futu. On September 19, moomoo officially launched online securities trading business in the Japanese market. For Japanese investors, moomoo provides about 7,000 shares of US stocks for trading. The company that offers the largest number of tradable shares among Japanese online brokerages, nearly 30% more than the next largest company in Japan.
Yuchao Zeng, head of international strategy at Futu Holdings, said: "This year, moomoo entered Malaysia and quickly launched its securities trading business in Japan and Canada, and in less than a year, moomoo has made new progress in three markets. Over the past few years, as the process of internationalization has accelerated, moomoo has reached different countries and regions, exploring local financial needs, and using the power of technology to empower global investors in more countries and regions, speaking different languages and operating in different investment environments. This time, moomoo officially launched securities trading business in the Canadian market, and I believe that the future will also open a new era of technology-driven investment change for investors in Canada and more countries and regions around the world."
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