Want to cash out your profits from investing in US stocks through Futu MooMoo but feel confused about the exact withdrawal process? Worried that broker withdrawals are complicated, costly, or take too long to arrive? This Futu MooMoo withdrawal guide provides the most complete step-by-step instructions, covering everything from choosing a withdrawal method to the actual operations steps. It answers all your questions about US stock withdrawals, helping you transfer your funds safely and efficiently so you can easily lock in your gains.
Before you begin, there are two essential concepts every investor must understand. They will help you avoid unnecessary trouble and ensure a smooth US stock withdrawal process.
Many beginners encounter a common question: “Why can’t I withdraw the money today when I just sold my stocks yesterday?” The reason behind this is the US stock market’s “T+1 settlement system”.
“T” refers to the transaction day (Transaction Day), and “+1” refers to one working day after the transaction day. In other words, when you sell a stock, the funds from that trade will not immediately appear in your withdrawable balance. Instead, one working day is required for clearing and settlement. For example, if you sell a stock on Monday, the funds will complete on Tuesday at the earliest, and only then can you submit a withdrawal request. This rule ensures stability and order in market transactions, and all regulated brokers must comply with it. For further details, you may refer to the official explanation from the US Securities and Exchange Commission (SEC).
The “same-name account requirement” is a common anti-money laundering (AML) standard used by financial institutions worldwide and is a core measure for safeguarding your funds. This rule requires that the name of the receiving bank account must be exactly the same as the name you used when opening your Futu MooMoo account (including identical English spelling, capitalization, and order).
This strict requirement is designed to prevent unauthorized third parties from transferring your assets, making it an essential security mechanism.
After understanding the key concepts above, we will now guide you step by step through the Futu MooMoo broker withdrawal process. The entire procedure can be completed within the Futu MooMoo App, and the operation is very intuitive.
First, open the Futu MooMoo App and follow this path:
Futu MooMoo mainly offers two withdrawal methods, and you should choose based on your needs and location:
For most investors who are not based in the United States, bank wire is the only available option.
This is the step most prone to errors in the entire Futu MooMoo withdrawal process, so please double-check all information carefully. You will need to prepare the following receiving bank details:
💡 Tip: It is recommended to save frequently used beneficiary bank information to facilitate faster withdrawals in the future and avoid repeated data entry.
After filling in all the details, the system will require you to complete security verification to confirm that it is indeed you performing the operation. Typically, you will need to enter your trading password, along with additional verification such as an SMS code sent to your mobile phone or facial recognition. Once verification is complete, carefully check that all information is correct and click “Submit”.
After submitting your request, you can check the processing status in the “Fund Records” or “Withdrawal Records” section of the app. The status will usually show as “Processing”, “Sent”, “Completed”, etc. When the status updates to “Sent”, it means Futu has already remitted the funds, and you will then wait for the intermediary bank and the receiving bank to process it. The funds are normally deposited into your bank account within a few working days.
Fees and processing time are the issues investors care about most when withdrawing US stock funds. Below is a clear comparison to help you better plan your broker withdrawal process.
When withdrawing US stock funds via bank wire transfer, the fees usually consist of three parts:
| Fee type | Charging party | Reference fee (USD) |
Notes |
| Withdrawal fee | Futu Securities | Approximately $10 – $30 | This is the processing fee charged by Futu, and the exact amount is based on what is shown in the app. |
| Intermediary bank fee | Intermediary bank | Approximately $15 – $50 | International wire transfers usually pass through one or more intermediary banks, each of which may charge a fee. This cost is not fixed. |
| Incoming transfer fee | Your receiving bank | Approximately $10 – $25 | Depends on the overseas inward remittance policy of each bank. |
Overall, the total cost of a single international wire transfer may range from $35 to $105. Therefore, it is recommended to accumulate a certain amount of profit and withdraw in one transaction to reduce the fee ratio per withdrawal.
💡 Recommended article
Trading costs are one of the key factors affecting investment returns. Understanding each type of fee in depth allows you to control costs effectively. Recommended reading:
The Ultimate Cost-Reduction Guide: A Complete Optimization From Forex Trading Fees to Stock Slippage
A: Yes, withdrawing through Futu MooMoo is safe. Futu Holdings Ltd. is a company listed on Nasdaq (NASDAQ: FUTU), and its subsidiaries are strictly regulated by multiple financial authorities, such as the SEC and FINRA in the United States. In addition, securities assets in US brokerage accounts are protected by the Securities Investor Protection Corporation (SIPC). The strict same-name account requirement also ensures that funds can only be transferred into your own account, greatly enhancing security.
A: No. Although Futu is headquartered in Hong Kong, its US stock business is operated through its US subsidiary and fully supports international wire transfers. You can transfer funds directly from Futu MooMoo to any major foreign currency bank account in Mainland China or other countries/regions, as long as the bank supports receiving USD international remittances. In Mainland China, major banks such as ICBC, Bank of China, and China Merchants Bank generally support this service.
A: If a withdrawal fails, the funds are usually returned to your Futu Securities account, but any incurred fees may not be refunded. Common reasons for failure include:
If you encounter issues, first verify the information you entered, and you may also contact Futu MooMoo’s online customer service for assistance.
A: These are the two main electronic fund transfer systems in the United States. In simple terms, ACH (Automated Clearing House) is similar to a batch-processing system between banks. It has low fees but slower speed, and is mainly used within the United States for things like salary deposits and bill payments. Bank wire transfers, on the other hand, are point-to-point real-time transfers, faster and suitable for large or time-sensitive international remittances, but with higher fees. For overseas users, bank wire transfers are the standard method for withdrawing funds from US brokerage accounts.
Overall, the Futu MooMoo withdrawal process is straightforward and secure. The key is understanding the T+1 settlement rule and the same-name account requirement, as well as ensuring the accuracy of your receiving bank information during operations. Although international wire transfer fees cannot be avoided, planning larger single withdrawals can effectively reduce the impact of fees on your overall returns. We hope this detailed broker withdrawal guide helps you manage your US stock investment account more smoothly. Open the Futu MooMoo App now and follow this guide to easily transfer your investment profits back!
