
<p>When facing financial needs, some people opt for <a href="https://www.planto.hk/en/blog/personal-loan-APR-comparison/">personal loans </a>from banks or money lenders rather than asking family members for money. However, it’s crucial to understand the significant differences between borrowing from a bank and a money lender, as this knowledge is critical to making an informed decision. </p>



<p>What should you be aware of when applying for loans from money lenders? Let&#8217;s explore the key considerations to ensure your loan helps you in need.</p>



<h2 class="wp-block-heading">Comparison of Money Lender Loan &#8211; Find Out the Best Interest Rates and Offers</h2>



<loan-table loantype="non_bank_loan"> language=&#8221;en&#8221; </loan-table>



<p>Money lenders in Hong Kong are governed by the Money Lenders Ordinance, which is less stringent than the Banking Ordinance that regulates banks. This makes the approval process for personal loans from money lenders much quicker, often within a day or even just a few hours.</p>



<p>Money lenders can provide document-free options when applying for personal loans. Applicants must only be 18 years old and Hong Kong residents and provide basic information such as an ID card and bank account details. No salary slips or proof of address are needed. However, the loan amounts for such applications are typically not high, and the interest rates are higher than bank loans.</p>



<p>Personal loans from money lenders typically have lower application thresholds than bank loans, but they also come with higher financial risks, resulting in higher interest rates. Despite this, they are a suitable option for individuals needing funds. Here are some critical points to consider before borrowing.</p>



<h2 class="wp-block-heading"><strong>Key Considerations When Borrowing from Money Lenders</strong></h2>



<ol>
<li><strong>Understand the Terms and Conditions</strong>: Ensure you fully understand the loan terms, including the interest rates, repayment schedule, and additional fees. This will help you avoid any surprises later on and manage your finances more effectively.</li>



<li><strong>Compare Different Money Lenders</strong>: Not all lenders offer the same loan conditions. To find the most suitable option, comparing the interest rates, approval times, and customer reviews of various licensed money lenders is essential.</li>



<li><strong>Beware of High-Interest Rates</strong>: Due to the higher risk associated with loans from money lenders, the interest rates can be significantly higher than those of banks. Be sure to calculate the total cost of the loan, including all interest payments, to ensure it is a feasible option for you.</li>
</ol>



<p>By considering these factors, you can make a more informed decision when applying for a personal loan from a money lender, ensuring that the loan genuinely assists you in your time of need.</p>



<h2 class="wp-block-heading"><strong>Compare Loans Before Borrowing</strong></h2>



<p>When borrowing from a money lender, you might be in a “critical” situation. However, extra time to compare different options will ultimately benefit you. Various money lenders offer other incentives to attract customers, but the interest rate is the most practical factor to consider. The interest rates among money lenders can vary significantly, so it is crucial to compare different loan plans before applying.</p>



<p>While comparing, it&#8217;s best to limit your applications to three money lenders at a time. Each application involves a credit report check with TU or other credit score databases, and multiple inquiries in a short period can lower your credit rating. Be mindful of this to avoid negatively impacting your credit score.</p>



<h2 class="wp-block-heading"><strong>Pay Attention to Terms and Conditions</strong></h2>



<p>Once you decide on a money lender, it is essential to thoroughly read the contract terms before signing the official loan documents. Pay particular attention to critical information such as the actual annual interest rate, any processing fees, conditions for cash rebates, and penalties for early repayment.&nbsp;</p>



<p>An advertisement’s “lowest interest rate” may differ from the actual rate you receive. These details will affect your future financial planning, so take the time to understand each term before confirming the loan agreement.</p>



<h2 class="wp-block-heading"><strong>Develop a Financial Plan</strong></h2>



<p>Successfully borrowing from a money lender can address your current financial needs. However, if the need for a loan arises from excessive spending, you should reconsider and think about long-term financial planning. After taking out a personal loan, your monthly expenses will inevitably increase. Without corresponding adjustments in other expenditures, your debt might continue to grow, leading to a cycle of continuous loan applications and potentially ending in bankruptcy.</p>



<p>Thus, while applying for a loan is an option, having a financial plan is crucial. Always remember to manage your finances wisely to avoid falling into a vicious cycle of debt.</p>



<p>To borrow or not to borrow? Borrow only if you can repay!</p>


Explore essential tips for securing loans from money lenders in 2024. Learn how to compare, understand terms, and plan financially to manage loans for bad credit effectively.

Borrowing from Money Lenders: Loan Comparisons & 3 Top Tips


<p>Can you get a loan with a poor credit score? The answer is yes. What should you know about non-TU loans? Many Hongkongers facing cash flow problems turn to banks or financial institutions for loans. However, due to their low credit scores, those with poor credit history or past bankruptcies often find it challenging to secure personal loans. But there is hope.</p>



<p>Financial institutions like CreFIT and Grantit offer a lifeline in the form of ‘non-TU loans.’ These loans are designed to empower individuals with low TU scores, providing them with the means to meet their financial needs. This article equips you with the knowledge to confidently secure a genuine TU-free loan online, giving you control over your financial situation.</p>



<h2 class="wp-block-heading">Comparison of Money Lender Loan &#8211; Find Out the Best Interest Rates and Offers</h2>



<loan-table loantype="non_bank_loan"> language=&#8221;en&#8221; </loan-table>



<h2 class="wp-block-heading">Features of Non-TU Loans</h2>



<p>When applying for personal loans, besides submitting income proof, address proof, and identification documents, loan providers typically review the borrower’s credit report to determine the loan amount, annual percentage rate (APR), and other terms.</p>



<p>TU credit scores are a crucial indicator for banks when approving loans. Applicants with a TU score of grade G or lower find getting loans from major banks challenging.</p>



<p>Some financial companies have introduced a significant change in the lending industry-non-TU loans. These loans, unlike traditional ones, do not require a review of the applicant’s credit report. This means that individuals with low credit scores, poor credit history, or past bankruptcies can now apply for loans without the fear of rejection based on their credit scores.</p>



<h3 class="wp-block-heading">Factors Affecting Credit Scores</h3>



<ul>
<li>Repayment history</li>



<li>Credit inquiry history</li>



<li>Credit utilization ratio</li>



<li>Length of credit history</li>



<li>Types of credit accounts (including the number of credit cards)</li>
</ul>



<p>Repayment history has the most significant impact on your credit score. Delayed payments, outstanding credit card balances, or being in bankruptcy can severely lower your credit score.</p>



<h2 class="wp-block-heading">Considerations for Borrowing Non-TU Loans in Hong Kong</h2>



<p>Borrowing with a poor TU score is not impossible, but the interest rates will inevitably be higher. Additionally, you should consider the following points:</p>



<ul>
<li><strong>Avoid Unreliable Lenders: </strong>Currently, only financial companies offer non-TU loans. Unlike banks that are strictly regulated, the quality of financial companies can vary. Their debt collection practices may cause harassment to borrowers and their families. Therefore, conduct thorough research to ensure you are dealing with a legitimate financial institution and always repay on time.</li>



<li><strong>Reputable Lenders Also Offer Non-TU Loans:</strong> It is a misconception that only second—or third-tier financial companies offer non-TU loans. Many emerging loan platforms and FinTech startups use big data and AI to approve loans without checking credit reports. Thus, not only do unreliable money lenders provide non-TU loans, but reputable lenders also offer these TU-free lending services.</li>



<li><strong>Improve Personal Finance Management Habits</strong>: For those with very low credit scores who urgently need extra cash, non-TU loans or TU-Free loans can be a lifesaver. However, if the need arises from overspending, recognize that this is not a long-term solution. Cultivating a habit of saving can improve your financial situation.</li>
</ul>



<h3 class="wp-block-heading">Frequently Asked Questions about Non-TU Loans</h3>



<div class="schema-faq wp-block-yoast-faq-block"><div class="schema-faq-section" id="faq-question-1720582035214"><strong class="schema-faq-question">How to Check Your Credit Report?</strong> <p class="schema-faq-answer">You can obtain a personal credit report from three companies in Hong Kong. You can purchase a credit report directly from the TransUnion website or visit their office in person. Additionally, you can check your credit report through NOVA PASS and PAOCCRA.<br/><br/>If your credit application (including credit cards, loans, or mortgages) is rejected by a bank or financial institution checking your credit report, you will receive a rejection letter. Follow the instructions in the rejection letter to get a free credit report from the credit report provider.<br/></p> </div> <div class="schema-faq-section" id="faq-question-1720582057479"><strong class="schema-faq-question">Can You Borrow with a Poor TU Score? How Does Credit Rating Affect Loans?</strong> <p class="schema-faq-answer">Generally, credit ratings directly affect loan interest rates. However, non-TU loans do not review the applicant&#8217;s credit rating and history; they rely on proof of income and other documents to determine the loan amount and interest rate.</p> </div> <div class="schema-faq-section" id="faq-question-1720582101987"><strong class="schema-faq-question">What Financial Costs Should You Be Aware of with Non-TU Loans?</strong> <p class="schema-faq-answer">Before applying for non-TU or personal loans, check if the loan institution charges administrative fees, early repayment fees, etc. Additionally, late payments will incur penalties. Finally, remember the government&#8217;s advice: &#8220;To borrow or not to borrow? Borrow only if you can repay! &#8220;</p> </div> </div>



<p>To borrow or not to borrow? Borrow only if you can repay!</p>


You can obtain a personal credit report from three companies in Hong Kong. You can purchase a credit report directly from the TransUnion website or visit their office in person. Additionally, you can check your credit report through NOVA PASS and PAOCCRA.<br/><br/>If your credit application (including credit cards, loans, or mortgages) is rejected by a bank or financial institution checking your credit report, you will receive a rejection letter. Follow the instructions in the rejection letter to get a free credit report from the credit report provider.<br/>

How to Check Your Credit Report?

Generally, credit ratings directly affect loan interest rates. However, non-TU loans do not review the applicant's credit rating and history; they rely on proof of income and other documents to determine the loan amount and interest rate.

Can You Borrow with a Poor TU Score? How Does Credit Rating Affect Loans?

Before applying for non-TU or personal loans, check if the loan institution charges administrative fees, early repayment fees, etc. Additionally, late payments will incur penalties. Finally, remember the government's advice: "To borrow or not to borrow? Borrow only if you can repay! "

What Financial Costs Should You Be Aware of with Non-TU Loans?

Discover the best tips for securing non-TU loans with bad credit in 2024. Learn essential strategies to obtain a TU-free loan safely and effectively.

Non-TU Loans 2024: Top Tips for Bad Credit Borrowers in Hong Kong

Endowus, headquartered in Singapore, was established in 2017 and licensed by the Monetary Authority of Singapore and the Hong Kong Securities and Futures Commission. It is Asia's largest independent online wealth management platform, currently managing over HK$46 billion (US$6 billion) in assets. Endowus is the only online wealth management platform authorized to provide services for Singapore’s Central Provident Fund (CPF). Its shareholders include UBS, Citi Ventures, MUFG Bank, EDBI (Singapore Economic Development Board's investment arm), and Samsung Ventures.

Company Background

In compliance with the Hong Kong Securities and Futures Commission regulations, client funds and assets are kept separate from Endowus’s company assets. All investments are held in custodial accounts maintained by transfer agents of respective fund companies (such as Fidelity, Invesco, etc.). Uninvested cash balances are held in a segregated client money account at HSBC Hong Kong, regulated by the Hong Kong Monetary Authority.

Is My Investment Safe with Endowus?

Endowus, Asia’s first and largest independent online wealth management platform established in Singapore, has recently introduced its “Flagship Portfolios” in Hong Kong. This service, offered as discretionary portfolio management service (“DPM”) provides retail investors access to investment strategies previously only accessible to institutions and high-net-worth individuals (those with assets of HK$8 million or more). They have gained investor trust with their high-quality institutional-grade funds, global diversification strategies, low fees, and excellent investment performance, boasting historical 5Y annualized returns of over 10%.

Endowus Flagship Portfolios: Diversified Institutional-Grade Funds with Over 10% Annualized Returns*

Opening an account is easy with StashAway. It simply required you to complete a few steps before starting to invest in HKD and USD.

StashAway Review: Asia’s Leading Robo-Advisor

Download the iOS or Android mobile app, or open an account through their website

Download StashAway

Set up an email and password, and provide your basic personal and financial information

Complete your personal and basic financial information

You can upload your ID card and proof of address right away, or submit them via WhatsApp later

Upload files

The StashAway system will create a portfolio based on the information you provided as well as your risk preferences, and after confirmation, you can easily deposit the funds via FPS or bank transfer.

Build investment portfolios and deposit funds

StashAway will automatically monitor the performance of your portfolios and adjust your positions based on the market and your goals. You can also change your risk appetite or investment objectives at any time<br/><br/>StashAway also has a strong customer service team who are available to answer customer inquiries via WhatsApp, Facebook Messenger, phone, and email. Their customer support is available 7 days a week and normally picks up the phone within 8 seconds during business hours.

Start investing

Explore StashAway, Asia's top robo-advisor, offering investment accounts from $10,000 and the 'Future Investment Portfolio' focused on tech stocks.


<h2 class="wp-block-heading">Futu Securities Fees &amp; Features</h2>



<broker-comparison-page market="hk" language="en" show_review="false" selectedbroker="futusecurities"></broker-comparison-page>



<p>Futu Securities, which was invested into by the Internet giant Tencent (0700.HK), is one of the most popular investment brokerages in Hong Kong with more than 600,000 users for its mobile app &#8220;Futu Niuniu&#8221;. The main advantages include cheaper transaction fees, a simple-to-use app, easy to trade Hong Kong stocks, US stocks and rich market research capabilities.</p>



<p>To help you more, we went through the account opening process and the user experience of buying and selling stocks and money market funds!</p>



<h2 class="wp-block-heading">Futu Online Account Opening Process</h2>



<p>The website is Chinese only but it&#8217;s <a href="https://www.planto.hk/en/redirect/?params=eyJwcm9kdWN0IjoiZnV0dV9zZWN1cml0aWVzIiwidHlwZSI6ImludmVzdG1lbnRfYnJva2VyIiwiYXBwbHlVcmwiOiJodHRwczovL3Bhc3Nwb3J0LmZ1dHU1LmNvbS9zZW0vaGs/bGFuZGluZ0lkPTMmY2hhbm5lbD02NDIiLCJmcm9tIjoiRnV0dSBSZXZpZXcifQ==">easy enough to navigate </a></p>



<figure class="wp-block-image size-large"><img decoding="async" width="1013" height="390" src="http://34.96.221.168/wp-content/uploads/2020/01/FutuHowToSignUp_en.jpg" alt="" class="wp-image-7639" srcset="https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuHowToSignUp_en.jpg 1013w, https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuHowToSignUp_en-300x115.jpg 300w, https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuHowToSignUp_en-768x296.jpg 768w" sizes="(max-width: 1013px) 100vw, 1013px" /></figure>



<ol>
<li>Enter your phone number</li>



<li>Click the &#8216;get verification code&#8217; button</li>



<li>Enter the verification code</li>



<li>Click open account</li>
</ol>



<p>Once you&#8217;ve done this, you can actually just switch to the Futu app and login with your phone number and continue the account opening process there. The steps include:</p>



<ol>
<li>Login to your account (via phone number)</li>



<li>Prepare your HKID card and address proof (screenshots or pictures of the card or proof is fine!)</li>



<li> Fill in some simple information such as name, date of birth, employment status, etc. Buying U.S. stocks involves U.S. taxation, so you must declare whether you are a U.S. citizen</li>



<li> For identity verification, you can choose from three methods: online account opening, in-person appointment, or by submitting a cheque</li>
</ol>



<p>and that&#8217;s it! The Planto team tested two account opening methods &#8211; doing it completely online and by making an appointment. Either way works and you can have your account open and ready to invest within 1-2 days.</p>



<h2 class="wp-block-heading">100% online account opening &amp; identity verification</h2>



<p>This is the <strong>easiest</strong> way to open a Futu account. Fill out the information online and select &#8220;Open an account online&#8221;, use your mobile phone or computer to upload your ID card and address proof photo, then bind your bank account and deposit HK $ 10,000 to the Futu account shown on the screen. The sooner you do this, the quicker you can start investing!</p>



<h2 class="wp-block-heading">Make an appointment to verify your identity</h2>



<p>After filling in the information online and choosing &#8220;Make an appointment&#8221;, you can choose to meet with Futu staff and present your identification documents on the spot. Users can choose the time and place for the meeting. The Planto team submitted an online application on November 6 and successfully made an appointment to verify their identity at the Hong Kong MTR Station two days later.</p>



<p>Although it is &#8220;offline&#8221; account opening, in practice, the Futu staff only uses an iPad to take pictures and upload documents for applicants, which is almost the same as online account opening. The main benefit of meeting and opening an account is that you can open an account without having to deposit the HK$ 10,000 immediately when you open an account.</p>



<h2 class="wp-block-heading">Trading of Hong Kong stocks, US stocks, and new shares</h2>



<p>Futu has iPhone, Android, Windows and Mac versions of the app, which can be used to invest in Hong Kong stocks, US stocks and A shares. The buying and selling procedures are similar to those of the bank&#8217;s system. Select the stock, number of shares you want to buy, and order instructions and then you just wait for the order to be executed!</p>



<p>(Fun fact: Futu&#8217;s trading system claims to complete Hong Kong stock trading orders in 0.0037 seconds &#8211; although this probably won&#8217;t matter for most investors)</p>



<p>If you invest in US stocks, you can deposit US dollars into your account or exchange it via the Futu app directly. If investing in A shares, you&#8217;ll need to have RMB in the Futu A-share account. In addition, you can also subscribe to IPO stocks in HK and US although this would not be advisable for beginner investors!</p>



<h2 class="wp-block-heading">Futu MoneyPlus Fund</h2>



<p>Futu MoneyPlus includes <a href="https://www.planto.hk/en/blog/Money-Market-Fund-Intro/">money market funds</a>, stock funds and bond funds. The money market funds are particularly interesting:  while you&#8217;re waiting to invest (whether it&#8217;s for research or waiting for the right time), you can put your idle funds in the money market funds and get an annualized return of nearly 2%, <strong>withdrawable at any time</strong>. Due to the low risk and stable returns of the money fund, you could almost consider it as a high-interest savings account.</p>



<figure class="wp-block-image size-medium"><a href="http://34.96.221.168/wp-content/uploads/2020/01/FutuMoneyMarket-1.jpg" target="_blank" rel="noreferrer noopener"><img decoding="async" width="295" height="300" src="http://34.96.221.168/wp-content/uploads/2020/01/FutuMoneyMarket-1-295x300.jpg" alt="" class="wp-image-7662" srcset="https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuMoneyMarket-1-295x300.jpg 295w, https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuMoneyMarket-1-768x781.jpg 768w, https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuMoneyMarket-1.jpg 800w" sizes="(max-width: 295px) 100vw, 295px" /></a></figure>



<p>Bond funds are low to medium risk, with greater volatility than money market funds, but also higher returns. As for equity funds, the potential risks and returns are both higher.</p>



<h2 class="wp-block-heading">Stock quote, analysis, practical information</h2>



<p>Another selling point of the Futu Niuniu app is that it can provide very rich market information, including real-time quotes, valuation trends, corporate financial analysis and forecast, financial news reports, stock market basics and other information about Hong Kong and US stocks. There&#8217;s also a community where you can discuss ideas with other fellow-minded investors!</p>



<figure class="wp-block-image size-medium"><a href="http://34.96.221.168/wp-content/uploads/2020/01/FutuCommunity.jpg" target="_blank" rel="noreferrer noopener"><img decoding="async" width="296" height="300" src="http://34.96.221.168/wp-content/uploads/2020/01/FutuCommunity-296x300.jpg" alt="" class="wp-image-7663" srcset="https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuCommunity-296x300.jpg 296w, https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuCommunity-768x779.jpg 768w, https://d3pwh2ime6p0el.cloudfront.net/wp-content/uploads/2020/01/FutuCommunity.jpg 800w" sizes="(max-width: 296px) 100vw, 296px" /></a></figure>



<p>Having said that, most of the research information is displayed in Simplified Chinese &#8211; if you can&#8217;t read Chinese, then it may not be that useful for you!  </p>



<p>Luckily, this doesn&#8217;t impact the actual experience of buying and selling securities so if you&#8217;re looking for a low-cost broker, Futu can be a great choice (whether you speak Chinese or not)!.</p>



<h2 class="wp-block-heading">Discover the Best Investment Account Fees and offers</h2>



<p><broker-comparison-page articlename="HK Stock Investing Article" country="US" language="en"></broker-comparison-page></p>



<p style="font-size:14px"><strong>Important information:</strong><br><br>Investment involves risks. This information is intended to be educational and is not tailored to the investment needs of any specific investor. This information does not constitute investment advice and should not be used as the basis for any investment decision nor should it be treated as a recommendation for any investment or action. Past performance is no guarantee of future results. The value of investments and the income from them can go down as well as up, so you may not get back what you invest.</p>


Futu Securities, which was invested by the Internet giant Tencent (0700.HK), is one of the most popular investment brokerages in Hong Kong with more than 600,000 users for its mobile app "Futu Niuniu". The main advantages include cheaper transaction fees, a simple-to-use app, easy to trade Hong Kong stocks, US stocks and rich market research capabilities.

Futu Securities Review & Welcome Offer: Trading HK & US Stocks with Low Fees


<p><a href="https://h5.aqumon.com/invite/?recommend=447868#/">Aqumon</a> is the first US ETF <a href="https://www.planto.hk/en/blog/robo-advisor-compare-recommend/">robo-advisor (automated investment consultant)</a> in Hong Kong. You tell them about yourself and your risk appetite, and they build an investment portfolio and do everything (buying, selling) for you. The Planto team has deep-dived into Aqumon&#8217;s pricing and account opening process to help you decide if they&#8217;re right for you.</p>



<p><single-action-item title="🎁Endowus: Enjoy Access to Institutional-Grade Fund Investment Opportunities! 100% Sales Commission Cashback" subtitle="Users can enjoy institutional-grade fund rates and 100% sales commission cashback, saving up to 70% on fund investment costs." link="https://www.planto.hk/en/blog/Endowus-review/" button_text="Learn More" lang="zh" type="content"></single-action-item></p>



<p><single-action-item title="🎁Futu Securities: Up to $1,800 Welcome Rewards

" subtitle="Register a new account through Planto using the exclusive promo code "PLANTO" by 30 September 2024 and deposit the required funds to enjoy welcome rewards. These include HK$200 cash vouchers, lifetime commission-free trading for Hong Kong stocks, LV2 professional quotes for U.S. stocks, one share of Alibaba or a $400 supermarket e-voucher, and one share of NVIDIA." link="https://www.planto.hk/en/blog/futu-brokers-review/" button_text="Learn More" lang="zh" type="content"></single-action-item></p>



<h2 class="wp-block-heading" id="background">Background</h2>



<p>Aqumon was incubated in HKUST and are fully licensed by the Securities and Futures Commission (SFC) for Type 1, 4 and 9. They&#8217;ve partnered with 60+ financial institutions including CMB Wing Lung Bank, ChinaAMC and BOCI so they have a strong track record as well.</p>



<h2 class="wp-block-heading" id="how-it-works">How it works</h2>



<p>The account opening process is end-to-end online and can be done either via mobile or on a computer. It can feel a bit longer than opening an account with a securities broker but, ultimately, it only took us about 10 minutes to open our account and then another day for the money to be transferred in.</p>



<p>Once you&#8217;ve opened your account, you answer a few questions about your risk tolerance and Aqumon will start building your portfolio. All you need to do is tell them whether you would like your portfolio to have more stocks (higher risk, higher return) or bonds (lower risk, lower return) and a new portfolio is created just for you!</p>



<figure class="wp-block-image"><a href="/assets/images/website/blogContentAssets/aqumon_review/combined-process_en.jpg" target="_blank" rel="noreferrer noopener"><img decoding="async" src="http://34.96.221.168/wp-content/uploads/2019/12/combined-process_en.jpg" alt=""/></a></figure>



<h3 class="wp-block-heading">AQUMON Features and Highlights</h3>



<ul>
<li><strong>Algorithm Based on Nobel Prize-Winning Theory</strong>: Provides investment recommendations by integrating macroeconomic indicators, market data, and individual risk levels.</li>



<li><strong>Low Robo-Advisor Fees</strong>: Consultation fees can be as low as 0.5%.</li>



<li><strong>Fully Online Account Opening and Investment Process</strong>: Easy and convenient online setup and management.</li>



<li><strong>User-Friendly Interface</strong>: Designed for ease of use, even for beginners.</li>



<li><strong>Customized Investment Portfolios</strong>: Tailored to match users&#8217; risk preferences.</li>



<li><strong>Global Market Access</strong>: Invests in over 50 markets worldwide, covering 20,000 types of stocks, bonds, and alternative assets.</li>



<li><strong>24/7 Portfolio Monitoring</strong>: Provides real-time alerts for portfolio adjustments.</li>



<li><strong>Licensed and Secure</strong>: Holds SFC licenses 1, 4, and 9 (Central Number: BJU619), ensuring safety and reliability.</li>
</ul>



<h3 class="wp-block-heading">Who Should Use AQUMON?</h3>



<p>AQUMON continuously innovates its product offerings, currently providing four types of products suitable for different investors:</p>



<ul>
<li><strong>Long-Term Investors or Those Without Time to Monitor Markets</strong>: Flagship Hong Kong and U.S. stock ETF portfolios (five risk types from conservative to aggressive).</li>



<li><strong>Investors Who Struggle with Stock Picking</strong>: Thematic stock portfolios with an average annual return of 32.41% (suitable for growth and aggressive investors).</li>



<li><strong>Short-Term Investors</strong>: Includes stock trading and 24/7 currency exchange services.</li>



<li><strong>Conservative Investors Seeking Stability</strong>: Cash management portfolios that use idle funds to generate stable income.</li>
</ul>



<p>In addition to catering to general individual investors, AQUMON offers customized investment solutions for the mass affluent, family offices, and wealth management institutions through AQUMON Bespoke. This service combines one-on-one professional investment management with leading investment technology to enhance the overall investment experience for clients.</p>



<h2 class="wp-block-heading" id="summary">Summary</h2>



<p>In all, Aqumon is transparent about their performance, which (historically, at least) has been quite strong. With the new SmartStock Portfolios, they are great for people who are looking for high growth but want a completely hands-off process. </p>



<h2 class="wp-block-heading">Discover the Best Investment Account Fees and offers</h2>



<p><broker-comparison-page articlename="HK Stock Investing Article" country="US" language="en"></broker-comparison-page></p>



<p style="font-size:14px"><strong>Important information:</strong><br><br>Investment involves risks. This information is intended to be educational and is not tailored to the investment needs of any specific investor. This information does not constitute investment advice and should not be used as the basis for any investment decision nor should it be treated as a recommendation for any investment or action. Past performance is no guarantee of future results. The value of investments and the income from them can go down as well as up, so you may not get back what you invest.</p>


Discover AQUMON's innovative robo-advisor features, low fees, and customized portfolios for all investors, offering global market access and 24/7 monitoring.

All Your Hong Kong MPF accounts in one place

Planto is the smartest way to consolidate and monitor all your MPF accounts. Get instant updates on your MPF contributions, balances, portfolio breakdowns and performances by simply linking your accounts once. All on your phone.

We've been in the media

We've been in the media

An experience like never before

Get instant access by simply linking your accounts once

Get clarity on your accounts and investment portfolios

Keep track of all your balances anywhere, anytime

Latest Personal Financial Content

New weekly tips, insights and exclusive offers from Planto! Learn more about popular topics such as saving, home ownership as well as latest market trends or new services in the market.

Borrowing from Money Lenders: Loan Comparisons & 3 Top Tips

Non-TU Loans 2024: Top Tips for Bad Credit Borrowers in Hong Kong

Endowus Flagship Portfolios: Diversified Institutional-Grade Funds with Over 10% Annualized Returns*

StashAway Review: Asia’s Leading Robo-Advisor

Futu Securities Review & Welcome Offer: Trading HK & US Stocks with Low Fees

AQUMON Review: Smart Investing with Advanced Algorithms

We're serious about security

Planto uses AES-256 encryption techniques to encrypt data. This is the same method used by the US government, military and banks for sensitive information. Read more about the different measures we're taking for your security.

Making your finances easier

The Planto mobile app is available on both iOS and Android - so take the first step towards achieving your life goals.

Other Planto Services

Planto Business Solution

All Your Hong Kong MPF accounts in.css-dfjo8s{font-family:'Roboto Slab';color:#6E44E7;} one place

Planto is the smartest way to consolidate and monitor all your MPF accounts. Get instant updates on your MPF contributions, balances, portfolio breakdowns and performances by simply linking your accounts once. All on your phone.

We've been in the media

We've been in the media

An experience like never before

Get instant access by simply linking your accounts once

Get clarity on your accounts and investment portfolios

Keep track of all your balances anywhere, anytime

Latest Personal Financial Content

New weekly tips, insights and exclusive offers from Planto! Learn more about popular topics such as saving, home ownership as well as latest market trends or new services in the market.

Borrowing from Money Lenders: Loan Comparisons & 3 Top Tips

Non-TU Loans 2024: Top Tips for Bad Credit Borrowers in Hong Kong

Endowus Flagship Portfolios: Diversified Institutional-Grade Funds with Over 10% Annualized Returns*

StashAway Review: Asia’s Leading Robo-Advisor

Futu Securities Review & Welcome Offer: Trading HK & US Stocks with Low Fees

AQUMON Review: Smart Investing with Advanced Algorithms

We're serious about security

Planto uses AES-256 encryption techniques to encrypt data. This is the same method used by the US government, military and banks for sensitive information. Read more about the different measures we're taking for your security.

Making your finances easier

The Planto mobile app is available on both iOS and Android - so take the first step towards achieving your life goals.

Other Planto Services

Planto Business Solution

All Your Hong Kong MPF accounts in one place