Hong Kong’s largest online broker, Futu Securities International, has launched crypto trading for retail investors, offering rewards like shares in Alibaba and Nvidia. This makes Futu the first online broker in Hong Kong to provide such services to retail clients, reinforcing the city’s goal to become a global crypto hub.
Futu’s platform now supports Bitcoin (BTC) and Ethereum (ETH) trading in both Hong Kong and U.S. dollars, thanks to a recent securities license upgrade. The company is attracting retail investors with incentives such as commission-free transactions and stock rewards.
While Tiger Brokers also offers crypto trading, it is limited to professional clients. Futu’s focus on retail investors sets it apart, potentially expanding market participation. This move underscores Hong Kong’s strategic push towards becoming a leading center for cryptocurrency trading and innovation.
