As of September 30, 2025, the Company continued its strong expansion trajectory, reporting 28.16 million registered users, 5.61 million brokerage accounts, and 3.13 million funded accounts. Total client assets surged to US$159.5 billion, marking another significant increase of 27% quarter-over-quarter ("QoQ") and 79% YoY.
This robust growth was driven by consistent performance across all markets, underpinned by the Company's well-executed globalization strategy and localized approach. Malaysia, Japan, and Canada all recorded vigorous growth in funded accounts this quarter. Australia and New Zealand saw strong user base expansion, with Moomoo climbing to the #1 most-downloaded trading app in Australia by annual downloads*. The US market reached unprecedented high in the quarterly trader number, reflecting surging user engagement and growing trust in Moomoo. Singapore saw continued strong net inflows from high-net-worth clients, with assets under management for this segment rising 50% QoQ. Hong Kong client assets more than doubled compared with Q3 last year, further solidifying the Company's market leadership.
The third quarter also witnessed a significant 105% YoY surge to US$501.3 billion in trading volume across all asset classes, hitting a historical new high. Major drivers are US equities and Hong Kong equities, recording US$334 billion and US$153 billion in trading volume, up 70% and 243% YoY, respectively. As of the end of Q3, cryptocurrency assets soared 90% in size compared to last quarter, with 161% and 87% QoQ growth in trading volume and number of traders.
Innovation and Product Expansion Empowering Global Investors
In Q3, the Company proactively enhanced its features through advanced technologies, solidifying its brands, Moomoo and Futubull, as leading global tech-driven trading and investment platforms. Notably, Moomoo became the first brokerage platform ...
