Moomoo Promotion August 2024 (Up to $1034* bonus)

moomoo Promotion August 2024
moomoo Promotion August 2024

Moomoo SG Promotion Summary

ItemDescription
Moomoo SG Referral CodeREFERSG
Moomoo SG Referral LinkClick here
Moomoo SG Referral Promotion SummaryMoomoo SG referral code: REFER.SG, get up to $1034* bonus free. T&C apply.

Summary of Moomoo SG August 2024 promotion:

TasksRewards
Successfully opened Moomoo SG universal accountReward 1
(i) Lifetime commission-free in the U.S. stock market^
(ii) 1 Year commission-free for SG market (includes only stocks, etfs and reits) (iii) Commission-free on US options for up to 100 contracts every month up till 30/09/24. Click here to learn more.
(iv) Free Level 2 US stock market data for life (worth US$6.99/month).
(vi) Limited time access to free Level 2 SG Market Data (worth US$69.99/month). Effective till 31/12/2024.
(vii) Free Level 1 Hong Kong market data (worth US$9.90/month)
(x) Free Level 1 China A-share market data
(vii) Moomoo Cash Plus 6.8% p.a. Guaranteed Returns worth up to S$447 (Applicable to the first choice of fund, up to S$80,000/US$60,000 subscription, with a minimum purchase starting from S$0.01 / US$0.01,valid for 30 days) S$447 includes original fund return and extra returns from Moomoo SG)
Deposit a cumulative amount of at least S$3,000 before the end of the campaign period, complete 3 cumulative buy trade & redeem rewards via the activity page within 7 days after the campaign period. Maintain assets for 30 days.Reward 2
(i) Receive 1 x Stock Bundle# (worth S$70)
Deposit a cumulative amount of at least S$10,000 before the end of the campaign period,complete 8 cumulative buy trades (include at least 1 stock buy trade*) & redeem rewards via the activity page within 7 days after the campaign period. Maintain assets for 90 days.Reward 3
(i) Receive 3 x Stock Bundle# (worth S$210)
Deposit a cumulative amount of at least S$100,000 before the end of the campaign period & redeem rewards via the activity page within 7 days after the campaign period. Maintain assets for 90 days.Reward 4
(i) Receive 1 x AAPL share# (worth S$287)
*^Please refer to full Moomoo SG Terms and Conditions and disclaimers that apply.
The campaign will commence from 23/7/2024 at 10:00PM SGT – 31/10/2024 at 9:59PM SGT (“Campaign Period”).
Campaign period may be extended subjected to Moomoo SG’s discretion.

Moomoo SG Review:

https://j.moomoo.com/00jbG8 is the Moomoo SG referral promo link, get up to $1034* bonus.

What we like about Moomoo SG?

  • Fast account opening via MyInfo (<5 minutes).
  • Up to $1034* worth of welcome rewards.
  • Free in-app mini courses to teach users on various topics such as Technical Analysis, Financial Statement Analysis, Options, etc.
  • Moomoo SG supports investing in US Fractional Shares now. Investors can now start their US stocks trading from only USD 5 and invest in some big companies with a lower order size.

Who is Moomoo SG and FUTU?

Moomoo Financial 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.

Moomoo Financial Singapore Pte. Ltd.’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 SG?

  • 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 Moomoo SG.)
  • Free level 2 market data with access real-time bids and asks to execute trades more accurately. 
  • Global investment community with more than 20 million users worldwide.
  • Free trading analytics such as options analysis, technical analysis drawing tools, detailed P/L analysis of your portfolio, etc.

How safe is Moomoo SG?

The Moomoo SG online brokerage app is a trading platform offered by Moomoo Inc., a subsidiary of Futu Holdings Limited. In Singapore, they are Capital Markets Services Licensee (CMS) license holder issued by our local Monetary Authority of Singapore (MAS). You may view MOOMOO FINANCIAL SINGAPORE PTE. LTD.’s MAS license here.

What are the Moomoo SG newly released Features?

Moomoo SG Market News

Get your own 24/7 Singapore news headline, where you will be able to add your preferred SG stocks to the watchlists. Keep an eye on Singapore market calendar and get earnings and announcements for Singapore markets. Boost your value investing for Singapore market with 10+ dimensions including visualised business data and financials!

Moomoo SG Cash Plus introduction

moomoo cash plus 30 April 2023
Screenshot: from Moomoo SG, kindly note rates are indicative as of 21 April 2023)

Moomoo SG offers a cash management tool namely Moomoo Cash Plus, which  provides two types of money market funds that users can choose from – Fullerton SGD Cash Fund and CSOP USD Money Market Fund

The benefits of Moomoo SG Cash Plus includes:

  1. Stable income: Since its inception in 2009, the Fullerton SGD Monetary Fund has never had a monthly negative income (note: past performance is not indicative of future performance.)
  2. Buying power is shared with the stock account: Cash Plus assets are calculated into your stock buying power at the same time.
  3. No lock-up period: Quick subscription and redemption.
  4. Earn interest from your spare cash: your spare cash can yield returns every day, even on weekends.
  5. Zero fee for subscription and redemption: Moomoo SG does not impose fund subscription or redemption fees, and no additional handling fees are necessary.
  6. Low threshold for subscription: you may begin investing as early as today starting from S$0.01.

Where can I sign up to trade via Moomoo SG?

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

Frequently Asked Questions

  1. Is Moomoo SG promotion still on?

    Yes, the Moomoo SG referral promotion is . Use our Moomoo SG referral link and get up to $1034* worth of bonuses.

  2. What is the Moomoo SG account opening bonus?

    The current Moomoo SG bonus is worth up to $1034*, refer to our summarised promotion at the top of our blog post.

  3. Where can I check the free stocks I got?

    You can check your free stocks in the moomoo app via “Accounts” > “Stock Rewards”. After you claim your free stocks, you will find them in your brokerage account corresponding to the market of these stocks . (To ensure you will find them, please use the latest version of the moomoo app.)

  4. When will my free stocks arrive in my account after I claim them?

    After you claim your free stocks successfully, Moomoo SG will credit them to your brokerage account within 5 trading days (T+5), and you will be able to trade them once they arrive. Please check your brokerage account for any changes in your position or check the progress via “Stock Rewards”> “Records”.

  5. Why couldn’t I claim the free stocks even though I have completed the task?

    Some tasks involve a deposit, asset maintenance, and frequency of trades. After you complete a task of this kind, it will take 2-5 trading days to settle the stock rewards due to the difference in settlement periods for different markets.

  6. Why do arrears occur when I sell my free stocks?

    In principle, as long as an actual trade is completed, trade-related fees will be charged, regardless of the number or the source of the traded stocks. Arrears may occur if you don’t have sufficient funds in your account. For example, if you sell an odd lot for $30, but the commission, stamp duty, and other fees cost $35, you will owe $5 which is subject to interest. For specific rates, please refer to the official fee schedule.

  7. How to receive 6.8% p.a. guaranteed returns?

    New users who make their initial deposit of any amounts after 23/07/24 10:00PM SGT can enjoy a 6.8%p.a. on any selected funds of Moomoo Cash Plus. The 6.8%p.a. is only valid for 30 days. Max subscription amount into any funds under Moomoo Cash Plus for this campaign is S$ 80,000 for each user. No minimum subscription amount.

    E.g., If the first fund, Fullerton SGD Fund chosen by a new user has a 3.9%p.a. return, Moomoo SG will make up the difference to ensure a 6.8%p.a. for 30 days after the client’s first subscription.

    For full terms & conditions on 6.8%, please click HERE.

  8. I opened a Moomoo SG universal account before the campaign period, but have not deposited any funds. Am I still eligible for this event?

    Existing users who have successfully opened a Moomoo SG universal account before 23/07/24 9:59PM SGT, and have not successfully deposited any amount into their Moomoo SG universal account will be eligible to receive deposit rewards.

  9. Is it possible to deposit other currencies of equivalent value?

    You can only deposit in the following currencies: SGD, USD & HKD. 
    For Basic Reward: S$3,000 / US$ 2,222 / HK$ 17,220 
    For Upgraded Reward: S$10,000 / US$ 7,407 / HK$ 57,400 
    For Maximum Reward: S$100,000 / US$ 74,074 / HK$ 574,000 

  10. How many stock bundgle can I get in total as new Moomoo user?

    You are entitled to a total of 4 stock bundles upon completion of all new user tasks, depositing a cummulative of S$10k and performing at least 8 buy trades through the moomoo app. 

  11. How to unfreeze my Moomoo reward?

    Hold the minimum deposit required for 30/90/90 days based on the promotional tier criteria of S$3,000, S$10,000, and S$100,000 respectively to unfreeze the rewards. Do note that withdrawal of assets before the fulfillment of time period could result in the forfeit of your rewards.

  12. How to collect my Moomoo stock bundle?

    Complete new user tasks above in-app, go to [ME] > [Promotions], return to this activity page and click claim to have them credited into your moomoo universal account. The fractional shares rewarded will first be in frozen state until the fulfilment of asset maintainance time of 30 or 90 days.  

  13. How to claim Moomoo welcome rewards?

    To claim Moomoo promotion welcome rewards, sign up using the Moomoo referral promotion link get up to $1034* bonus free. T&C apply.

  14. Are there any other brokerage promotions recommended?

    Yes, click here to view all the latest brokerage promotions on our blog.

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

Conclusion

Moomoo Promotion August 2024 (Up to $1034* bonus)

Moomoo Promotion: redeem up to FREE $660 worth of bonus rewards. Read our review and guide, Moomoo SG T&C apply.

Editor's Rating:
4.8

Disclaimer: this review is our own opinion and not to be taken or construed as an investment advice.

*T&Cs apply. All views expressed in the blog post are the independent opinion of REFER.SG Neither Moomoo Singapore or its affiliates shall be liable for the content of the information provided. This post/advertisement has not been reviewed by the Monetary Authority of Singapore.

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