The Nasdaq-listed firm ended Q1 2025 with US$603.4 million in revenue and netted US$275.4 million.
Its trading volume for the period jumped 140.1 per cent to HK$3.22 trillion.
US-listed Futu (Nasdaq: FUTU), which operates an online brokerage platform, closed the first quarter of 2025 with an 81.1 per cent year-on-year increase in revenue to US$603.4 million. Its gross profit also jumped 85.9 per cent to US$507.2 million, while net income rose 107 per cent to US$275.4 million.
A Solid Push in Trading Demand
The company's financials strengthened over the past year, fuelled by improved operational metrics.
As highlighted in the announcement today (Thursday), the total trading volume on the platform during the three-month period increased by 140.1 per cent year-on-year to HK$3.22 trillion. Of this, HK$2.25 trillion was traded in US stocks, and HK$916 billion in Hong Kong-listed stocks.
The total number of funded accounts on Futu also rose by 41.6 per cent between January and March. The platform now has over 2.67 million funded accounts. The number of brokerage accounts increased by 30 per cent to more than 4.95 million.
Leaf Hua Li, Futu's Chairman and CEO
“Hong Kong remained the top contributor to new funded accounts, as our marketing initiatives effectively leveraged the Hong Kong market rally and IPO boom,” said Leaf Hua Li, Futu’s Chairman and CEO.
“Malaysia posted the fastest sequential growth in new funded accounts among all seven markets,” he added. “After a year of rapid market share gains in Malaysia, we believe there is ample room for further growth and will continue to invest in our product and our brand.”
He further noted that there was strong growth in new funded accounts in Japan, and that momentum in the US had accelerated as the company “enhanced offerings for active traders” and ran “high-profile advertising campaigns” to boost brand visibility.
The total number of users on Futu increased by 16.8 per cent year-on-year to 26.3 million.
Total client assets held by the company rose 60.2 per cent to HK$829.8 billion, while daily average client assets increased 64.7 per cent to HK$790.4 billion.
“We continued to drive product innovation, offering retail investors advanced tools and a seamless investment experience,” Li added. “In Hong Kong, we launched Futubull AI, our in-house AI-powered investment assistant, and introduced a new desktop version with more intuitive tools and improved features. In Japan, we enhanced our US stock offerings by rolling out fractional share trading in Q1, followed by the launch of US options trading in April.”
US-listed Futu (Nasdaq: FUTU), which operates an online brokerage platform, closed the first quarter of 2025 with an 81.1 per cent year-on-year increase in revenue to US$603.4 million. Its gross profit also jumped 85.9 per cent to US$507.2 million, while net income rose 107 per cent to US$275.4 million.
A Solid Push in Trading Demand
The company's financials strengthened over the past year, fuelled by improved operational metrics.
As highlighted in the announcement today (Thursday), the total trading volume on the platform during the three-month period increased by 140.1 per cent year-on-year to HK$3.22 trillion. Of this, HK$2.25 trillion was traded in US stocks, and HK$916 billion in Hong Kong-listed stocks.
The total number of funded accounts on Futu also rose by 41.6 per cent between January and March. The platform now has over 2.67 million funded accounts. The number of brokerage accounts increased by 30 per cent to more than 4.95 million.
Leaf Hua Li, Futu's Chairman and CEO
“Hong Kong remained the top contributor to new funded accounts, as our marketing initiatives effectively leveraged the Hong Kong market rally and IPO boom,” said Leaf Hua Li, Futu’s Chairman and CEO.
“Malaysia posted the fastest sequential growth in new funded accounts among all seven markets,” he added. “After a year of rapid market share gains in Malaysia, we believe there is ample room for further growth and will continue to invest in our product and our brand.”
He further noted that there was strong growth in new funded accounts in Japan, and that momentum in the US had accelerated as the company “enhanced offerings for active traders” and ran “high-profile advertising campaigns” to boost brand visibility.
The total number of users on Futu increased by 16.8 per cent year-on-year to 26.3 million.
Total client assets held by the company rose 60.2 per cent to HK$829.8 billion, while daily average client assets increased 64.7 per cent to HK$790.4 billion.
“We continued to drive product innovation, offering retail investors advanced tools and a seamless investment experience,” Li added. “In Hong Kong, we launched Futubull AI, our in-house AI-powered investment assistant, and introduced a new desktop version with more intuitive tools and improved features. In Japan, we enhanced our US stock offerings by rolling out fractional share trading in Q1, followed by the launch of US options trading in April.”
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
