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$Futu Holdings Ltd (FUTU.US)$ is our fund with Moomoo safe?
$Futu Holdings Ltd (FUTU.US)$ is our fund with Moomoo safe?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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102952476 : If less than 50000 SGD, no issue. Better not put in too much.
sml66 OP : Thanks. Why sgd 50k?
SQ88 : not safe.. all take out and delete app![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
102952476 : Moo moo links with DBS, DBS guarantees 50K.
102536942 : Ur shares are with the custodian la omg
dwarrior : Yes yes all your shares and money (50k) is safe. There is custodian (DBS for share) and Singapore Laws (50k) to help you if futu close and no money to return to you.
102793783 : Custodian? If moomoo close (touch wood!) we still have our shares you mean? How to access the shares?
NiubilitySG 102793783 : You can let moomoo to transfer your shares to CDP!
Moomoo Lily : Dear, as a global enterprise, Futu has established separately licensed broker-dealers in the United States and Singapore when it conducts business in the respective countries and regions. These broker-dealers are all under strict supervision by relevant local regulatory authorities.
In the United States, moomoo's securities services are offered by Futu Inc. Futu Inc. is regulated by the United States Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA).
In Singapore, moomoo's securities services are provided by Futu Singapore Pte. Ltd. Futu Singapore Pte. Ltd. is strictly regulated by the Monetary Authority of Singapore (MAS).
Futu's finance and business have not been affected in any way. The company's finance is steady and our business operates as usual. Futu remains committed to providing premium services to our clients and strictly complying with all applicable laws and regulations.
CoolWaterCoolWater dwarrior : Just to clarify. Is 500k right.
Futu Singapore Pte. Ltd. is licensed and regulated by the Monetary Authority of Singapore (MAS) License(No. CMS101000)
broker-mas
U.S. Securities in your account is protected up to $500,000 by Securities Investor Protection Corporation (SIPC), Explanatory brochure available upon request or at www.sipc.org.
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