How to transfer stocks from Futu Securities to Longbridge?

The process of transferring stocks from Futu Securities to Longbridge mainly involves two steps: submitting a transfer-in request to Longbridge and submitting a transfer-out request to Futu Securities. Below are the detailed descriptions for these two steps.

1. Submitting a transfer-in request to Longbridge

Step 1. Go to the Longbridge App > Portfolio > Transfer to submit a transfer-in application. If you have already deposited funds, select Portfolio > More > Share Transfer-In.

Step 2. Fill in stock transfer details.

(1) Fill in the information of the transfer-out broker and your account information at that broker, then click Next.

Transfer-out broker	Futu Securities International (Hong Kong) Limited
Account number	16-digit Futu Securities account number starting with 10. You can check it on the Futu daily statement and select the corresponding securities account according to the stock market.
Futu daily statement	Go to Trading > Securities Account > My Statement and select the corresponding account for query.
Account name	Enter your account name registered with the transfer-out broker, which must be the same as your Longbridge account name.

(2) Enter the details of the stocks to be transferred into Longbridge. After confirming the details are correct, click Next.

Please note: Longbridge now supports entering the cost price per share (optional).

If not entered: The cost price per share will be calculated based on the closing price on the day the transfer is completed.
If you need to enter: Please enter the cost price you actually want to display. After the transfer is completed, profits and losses will be calculated based on the cost price you entered.
The cost price cannot be modified once it is entered. If you have any questions, please contact customer service.

Step 3. Confirm the information and submit the application. Check the information such as the transfer-out broker, stock code, and number of shares, and submit the application if correct. If there are any errors or omissions, please go back to modify.

2. Submitting a transfer-out request to Futu Securities

Step 1. Select Trading > Securities Account > All > Transfer out stocks.

Step 2. Choose the market corresponding to your transfer-out stock and fill in the transfer information (the example below shows the US stock transfer process).

Select transfer out US stocks, choose Long Bridge HK Limited as the receiving broker, enter Longbridge information, and click Next after confirmation.

Longbridge information (US stocks):

Receiving broker	Long Bridge HK Limited
DTC code	DTC 0534
Contact	Settlement Team
Phone	(+852) 3585 8944 / (+852) 3585 8915
Email	settlement@longbridge.hk

Longbridge information (Hong Kong stocks):

Receiving broker	Long Bridge HK Limited
CCASS code	B02195
Contact	Settlement Department
Phone	(+852) 3585 8944 / (+852) 3585 8915
Email	settlement@longbridge.hk

Notes: The information used for US stock transfer-in differs from that for Hong Kong stock transfer-in. When transferring Hong Kong stocks, please use the information for Hong Kong stocks.

Step 3. Fill in the transfer-out stock code and number of shares. Click Next to enter the information confirmation page. Review all details and click Confirm to submit. If there are any errors or omissions, please go back to modify.

Notes:

Stock transfers between different brokers are limited to transfers between accounts under the same name.
Fees for stock transfer: Longbridge does not charge any fees. Fees may be charged by the broker who transfers the stock out.
Time required for stock transfer: The processing time depends on the other broker. Once the other broker transfers the stocks out, Longbridge will deposit them into your account within 1–2 working days.

Disclosures

This article is for reference only. The required confirmation information shall be subject to the actual display. The information in the guide above is for illustrative purposes only.

This article does not constitute any investment advice.