Verified — I hold a moomoo account. The markets and regions below are from moomoo/Futu’s public materials and the May 22, 2026 China-crackdown context.
What it is
Hong Kong-headquartered tech brokerage founded 2012. Parent Futu Holdings (NASDAQ: FUTU) runs Futubull for Chinese-language markets and moomoo for international (English-speaking) markets. Regulated entities span Hong Kong, Singapore, Australia, and the United States.
S&P BBB- investment-grade rated. First Hong Kong digital brokerage to receive full SGX Category A membership (June 2022). 14M+ platform users. By the standards of online brokerages, Futu/moomoo is one of the best-capitalised and most legitimate tech brokers in Asia.
May 22, 2026 CSRC penalty: along with Tiger Brokers and Longbridge, Futu was sanctioned by China’s Securities Regulatory Commission for operating unauthorised brokerage services for mainland Chinese clients. Mainland China business effectively closed. Post-crackdown, the business concentrates on its Hong Kong, Singapore, Australia, and US regulated hubs.
Markets and regions you can trade
Per moomoo’s in-app Markets list (screenshot below, June 2026), it gives app-based access to US (NYSE/Nasdaq), Hong Kong (HKEX), Singapore (SGX), Canada (Toronto), Australia (ASX), China A-shares (plus Stock Connect), Japan (Tokyo) and Malaysia (Bursa) — Asian-developed markets plus North America and Australia. It does not reach the deep-frontier/EM markets this directory focuses on. Eligibility depends on which regulated entity covers your residence (Hong Kong, Singapore, Australia, US).
Who it’s for (and who should skip)
Good fit:
- Singapore residents — moomoo’s MAS-regulated Singapore entity is well-established and is the preferred modern-fintech default among local investors
- Hong Kong and Australia residents focused on Asian developed markets plus US equities
- Investors who prioritise app UX (generally considered a step above Tiger’s) and institutional credibility (S&P rating, SGX Category A)
Skip if:
- You want deep-frontier exposure — Vietnam, Indonesia, Philippines, Thailand, India, Pakistan, the BRVM, sub-Saharan Africa, and Central Asia all require specialist alternatives (moomoo does cover Malaysia’s Bursa, however)
- You’re EU- or UK-based — IBKR is more accessible from European jurisdictions
- You’re a mainland Chinese resident — the May 2026 crackdown has effectively closed that market
Account-opening friction
App-first onboarding: passport, proof of address, source-of-funds declaration. Eligibility is jurisdiction-dependent. For supported markets — Singapore especially — the process is streamlined and fast. Mainland Chinese residents face significant restrictions following the May 2026 crackdown.
Known caveats
- May 22, 2026 CSRC action: Futu penalised alongside Tiger Brokers and Longbridge for serving mainland clients without authorisation. Mainland business closed; ongoing regulatory risk in China should be monitored.
- No frontier-market coverage: does not reach any of the frontier or emerging markets covered by this directory’s specialist broker profiles.
- China concentration risk: despite international expansion, Futu’s user base and revenue have historically been China-linked; the crackdown accelerates a pivot but the transition carries execution risk.
Sources
Verified personally: I hold a moomoo account.
Public sources checked: Futu Holdings corporate filings and investor relations materials; S&P Global Ratings investment-grade rating documentation; South China Morning Post coverage of the May 22, 2026 CSRC penalties; Hong Kong stock broker comparison reviews (2026).
