#2: What makes Moo Moo special
- Lifetime 0 commission for trading for US stocks, and 1 year free commission for SG stocks
- Trade globally with just one APP, access to US, HK, SG, China A-shares, Japan, ETF, REITS, options and crypto.
- Moomoo Cash Plus guaranteed returns – Enjoy 30 days 6.8%* p.a. on your idle funds with no lock-up period
- Free Level 2 data (60 levels) on the US stock market for better insights during rapid price changes, aiding investors in decision-making.
- Featured tools to assist beginners in selecting stocks, including High Dividend Yield Stocks, Investment Themes, Institutional Tracker, Heat Maps.
- A vibrant community with 23M+ users and free educational resources for beginners to learn and share knowledge.
- Longer customer service hours with better service. Trading day 24h, non-trading day 9:30am-21:30pm
#3: MooMoo rewards and benefits for new users!
Get up to S$1034* when sign up to moomoo as new users:
- 8% p.a.* guarantee return in the first 30 days for fresh funds up to S$80,000.
- Register with the link above, depoit S$100 and get S$20 cash coupon (Exclusive rewards).
- Deposit S$3000 + 3 buy trade get 1X stock slice bundle, worth S$70.
- Deposit S$10,000 +8 buy trade, get 3X stock slice bundle, worth S$210.
- Deposit S$100,000 get 1 apple share, worth S$287.
#4: How moomoo Functions
Moomoo stands out as a versatile online and mobile trading application that provides users with cost-free trading options, advanced features, and a customizable interface. The platform is readily accessible via mobile devices running on iOS or Android, and it’s also available in a desktop version compatible with both Mac and PC.
Moomoo earned the No.1 rank among online brokerage apps in SG, and is currently used by 1 in 3 residents.
Moomoo Financial Singapore Pte. Ltd. is registered with the Monetary Authority of Singapore (MAS), Moomoo SG is a Capital Markets Services Licence (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. Moomoo SG has been admitted as Clearing Member of The Central Depository (Pte) Ltd (CDP) , Trading Member of Singapore Exchange Securities Trading Limited (“SGX-ST”), Trading and Clearing Member of Singapore Exchange Derivatives Trading Limited (“SGX-DT”), and Depository Agent of CDP.
#5: Fee Structure
Moomoo’s fee structure is designed to be trader-friendly, with several key advantages such as commission-free stock, ETF, and options trades through their online and mobile platforms. Additionally, Moomoo doesn’t impose platform fees, inactivity fees, or minimum deposit requirements. Nevertheless, traders should be aware of certain fees:
- US stocks and ETFs
- Lifetime 0 commission forever
- Platform fee: $0.99 /order
- Free Nasdaq Real-time LV2 Quotes
- SG stocks, ETFs and REITs
- 0 commission for 1 year for new users
- Free LV1 Real-time Quotes
- Hongkong Stocks and ETFs
- 0.03% from the transaction amount
- New user enjoy 30 days 0 commission
- China A-shares
- 0.03% from the transaction amount
- Japan Stocks
- 0.08% from the transaction amount
- Crypto
- 0 commission till 31 Dec 2024
- $0 deposit and withdrawal fee
- Funds
- $0 for redepmtion, subscription and platform fee
- US stock option trading
- $0 commission* T&C applies.
#6: Utilizing Moomoo's Robust Research Tools for Informed Investment Opportunities
Moomoo’s comprehensive suite of research and investing tools empowers traders to identify promising opportunities tailored to their preferences. Here’s a glimpse into the diverse tools and features available:
1. Built-in Screeners:
Moomoo offers multiple built-in screeners that provide real-time insights into investment opportunities, helping traders discover stocks that align with their criteria.
2. 24/7 Financial News:
Stay informed with around-the-clock financial news coverage, complete with detailed analyses of stock price fluctuations, ensuring you’re up-to-date on market developments.
3. Global Investment Community:
Connect with a vast community of 19 million investors worldwide, offering a platform to share and discuss valuable trading insights and strategies.
4. Free Real-Time Level 2 Market Data:
Gain access to real-time Level 2 market data from the New York Stock Exchange (NYSE), providing deep insights into real-time bids and asks, a valuable resource often reserved for professional traders.
5. Institutional Tracker: Keep tabs on what the big players are doing with institutional tracking. Using 13F reports and data from various exchanges, you can see which top funds are buying and selling. Track these moves to spot potential buys.
6. Conditional Orders: Take advantage of 6 types of conditional orders on MooMoo. These include stop-loss, market-if-touch, trailing stop-loss, and weighted orders. You can automatically set take profit orders or better manage risks without constantly monitoring the market. Set touch orders to automatically place a buy order if a stock hits your target price. This can help during fast market movements.
7. Paper Trading:
Paper trading on moomoo offers novice investors virtual funds of $1 million to experience the real market trading environment without incurring actual asset losses. Advanced investors can use moomoo’s paper trading to familiarize themselves with market data, order types, and explore new trading opportunities. It also can validate different trading and investment strategies, helping to enhance risk control and investment success rates.
8. Visual Graph:
Utilize visual graphs for in-depth fundamental analysis, aiding in the assessment of stock performance and potential.
9. Custom Charts and Technical Indicators:
Tailor your charts to your preferences, and access a wide array of technical indicators for precise technical analysis.
10. Advanced Alerts and Notifications:
Stay on top of your investments with advanced alert and notification options, allowing you to track individual securities and react swiftly to market movements.
With these powerful research tools at your disposal, Moomoo equips traders with the resources needed to make well-informed investment decisions that align with their unique investment strategies and objectives.