An automatic investment plan (AIP) is an investment program that allows investors to contribute money to an investment account at regular intervals to be invested in a pre-set strategy or portfolio. For instance, you may invest 1,000 USD in selected funds on the 1st day of every month to spread capital and reduce overall investment risks.
During the fund's normal opening period, fixed deposits can still be bought and redeemed at any time.
Securities Account as payment account to create automatic investment plans are currently supported.
Four payment schedules are available currently: monthly, biweekly, weekly, daily.
The investment would fail when you have insufficient cash in the paying account.
You can initiate a rebuy for a failed investment plan on the investment details page. For terminated investment plans, you cannot initiate a rebuy.
When creating an automatic investment plan, there is an option: "Invest Now".
1) Not selecting "Invest now" means that investments will be initiated according to the plan based on the payment frequency.
2) Selecting "Invest now" means that when you create a plan, you buy immediately to enjoy the fixed income in advance, and subsequent investments will be initiated according to the plan.
The debit date is usually the date selected when creating the payment plan, but when there is a non-trading day, the debit will be postponed to the trading day.
There will be no loss of funds for failed payments on your Futu account, but if there are too many failures, the automatic investment plan will be automatically terminated.
The following items can be modified: payment amount and investment frequency.
There is no limit to the number of times each payment plan is being modified.
Note: Modifications cannot be made within a locked period on the debit date, but can be made after the transaction is confirmed.
You may suspend the payment plan in progress at any time, provided that it is not within the lock-up period.
A suspended payment can be reinstated at any time.
A terminated payment plan cannot be reinstated, but you may start a new payment plan. Multiple payment plans are supported for a single fund.
Yes 
No