Futu Securities and Tiger Brokers have revised their account opening policies for mainland Chinese residents, aligning with new regulatory requirements. Futu now mandates overseas permanent residency documents for mainland clients, with current system upgrades only allowing account openings for those with Hong Kong or Macau IDs. Similarly, Tiger Brokers has ceased accepting applications from mainland residents using overseas work or life proof documents, restricting account openings to those with non-mainland IDs. Despite these changes, as of 22:00 on September 22, automated voice prompts on both platforms had not been updated to reflect the new policies.
Futu and Tiger Brokers Tighten Account Policies for Mainland Chinese Residents
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