moomoo Welcome Promotion (up to S$1,000 rewards)

moomoo december 2021 promotion

What is the moomoo powered by FUTU latest promotion?

moomoo april 2022 promotion

Summary of moomoo July 2022 promotion:

TasksRewards
Successfully open a FUTU SG Securities Account(i) Lifetime commission-free trading for US stock market*
(ii) 1-year free platform fee for US stock market*
(iii) Free access to real-time Lvl 2 Market Data for the US stock market 
(iv) Free access to real-time Lvl 1 Market Data for the SG stock market  
(v) Free access to real-time Lvl 1 Market Data for China A Shares market
(vi) SGD 10 Stock Cash Coupon
(vii) SGD 30 Fund Cash Coupon
First Deposit of SGD 2,700 & above

NEW: For eligible students%, First Deposit of SGD 1,000 & above
1 chance to spin the wheel and get 1 free share worth between SGD 20 to SGD 150^#
Refer-a-Friend(i) 1x NIO share for every friend referred successfully from 9 March 2022, 18:00 SGT to 31 July 2022, 09:59 SGT. Friend must have made a first deposit of at least SGD 1 to be considered a successful referral. No redemption limit.

(ii) 90 days unlimited commission-free trading card for HK & SG stock market for every friend referred successfully from 13 April 2022, 10:00 SGT to 31 July 2022, 09:59 SGT. Friend must have made a first deposit of at least SGD 1 to be considered a successful referral. No redemption limit.
*^#please refer to full moomoo Terms and Conditions #1 and Terms and Conditions #2 that apply.
%Please refer to full moomoo Student Welcome Rewards full Terms and Conditions that apply.

moomoo Review:

What we like about moomoo?

  • Fast account opening via MyInfo (<5 minutes).
  • moomoo is the first global digital brokerage to offer $0 platform fee, $0 data fee and lifetime $0 commission for US stocks, trade with no fees.
  • up to S$190 worth of welcome rewards with S$2,700 deposit (***NEW***: for eligible students, deposit required is only S$1,000.)
  • Free in-app mini courses to teach users on various topics such as Technical Analysis, Financial Statement Analysis, Options, etc.

Who is moomoo and FUTU?

Futu Singapore Pte. Ltd. is a Capital Markets Services License holder licensed by the Monetary Authority of Singapore (MAS). (click here to view their license). “moomoo” is the trading platform’s name.

Futu Singapore’s ultimate parent company is Futu Holdings Limited, which is listed on NASDAQ under the symbol “FUTU“ and it is backed by some of the world’s notable investors which include venture capital affiliates of Tencent, Sequoia Capital, and Matrix Partners.

Why trade via moomoo?

  • Wide array of investment choices such as SG stocks, US stocks, US stock options, HK stocks, Futures, ADRs, Exchange Traded Fund (ETFs), REITs, etc.
  • Low cost with no custodian fee. (note: fees are charged by FUTU SG, not moomoo.)
  • Free level 2 market data with access real-time bids and asks to execute trades more accurately. 
  • More than 100,000 Singapore paying users with global investment community of 18 million users worldwide.
  • Free trading analytics such as options analysis, technical analysis drawing tools, detailed P/L analysis of your portfolio, etc.

How does moomoo compare against other brokerages?

How safe is moomoo?

The moomoo App is a trading platform offered by moomoo Inc., a subsidiary of Futu Holdings Limited. In Singapore, investment products available through the moomoo App are offered by to Futu Singapore Pte. Ltd. (“Futu SG”), a wholly-owned subsidiary of Futu Holdings Limited. Futu SG is a broker-dealer and custodian licensed by the Monetary Authority of Singapore, (License No. CMS101000).

U.S. securities in your account are protected up to $500,000 by Securities Investor Protection Corporation (SIPC), explanatory brochure available at www.sipc.org.

Did you know?

Investing made easier with moomoo:

  1. moomoo is a reputable digital brokerage with a strong financial track record. There are over 1 million paying customers till date. It’s revenue grew by 129% year-on-year to US$203 million, marking the company’s 6th consecutive quarter of triple-digit growth.
  2. As it continues to grow, FUTU has been leveraging its in-house fintech expertise to create market disruption for the past 9 years. A fun fact: 7 out of 10 FUTU employees work in R&D, delivering a cutting edge brokerage product.
  3. With over 16 million members and a high level of interaction, the investing community is large.

Where can I sign up to trade via moomoo?

You will need to open a FUTU SG securities account via moomoo app and the sign-up is fast and simple, MyInfo is supported as well allowing users to quickly register within minutes.

How to use moomoo‘s Stock Cash Coupons? (Tap Below)

How to open an account for Singaporeans & Singapore PRs
How to open an account for foreigners

Disclaimer: this review is our opinion on moomoo and not to be taken as an investment advice.

Reference: www.google.com.sg
Reference: www.bing.com

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