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Commission-free card

1. Commission-free card

Commission-free cards are effective for a certain period after which they are deemed expired.

An activated and effective commission-free card enables you to trade securities in the designated market for 0 commissions during the effective period. There is no limitation on the number of trades you may make during the effective period.

2. Rules for using commission-free cards

After obtaining a commission-free card, you must activate it before it is deemed expired. A commission-free card needs to be activated only once. A commission-free card that is not activated before it is deemed expired cannot be activated.

Only one commission-free card can be activated for a single market. During the effective period of a commission-free card, you cannot activate another card. If you have multiple commission-free cards for the same market, you need to wait until the activated commission-free card is deemed expired before activating a new card.

3. Effective time

If activation is completed during trading hours (pre-and post-market trading hours / regular trading hours)on the trading day, a commission-free card will become valid on the same day.

For the rest of the non-trading hours, an activated commission-free card will become valid on the next natural day.

4. Viewing commission waiver records

Commission waiver records after using a commission-free card to trade designated products can be viewed via "Trade - Brokerage Account - Fund Details".

5. Other terms and conditions

Commission-free card is part of Futu's incentive program and is not an offer or solicitation for any financial products or services and should not be construed as investment advice or recommendation. 

All investments involve risks. Futu does not provide investment advice and does not make recommendations. Investors should seek advice from their financial advisers to determine if the products and services offered by Futu are appropriate for the customer’s individual circumstances. 

In the event of any dispute, Futu reserves the right to interpret the terms, conditions, or rules of its promotions, including the one above. Futu reserves the right to change or modify the terms, conditions, or rules of all its promotions at any time without notice.

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