facebookDoes moomoo charge a withdrawal fee? - Seedly

Anonymous

06 Jul 2021

Stocks

Does moomoo charge a withdrawal fee?

Plan to sign up for the apple stock. If I transfer $2700 and withdraw it after getting the stock will Moomoo charge me any fees?

Discussion (6)

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Updated May 2022

Nope, Moomoo doesn't charge any withdrawal fees. I would recommend testing out the platform by doing 5 trades (commission-free!) to get the NIO shares as well. It might take a few days to get the shares, sell them and transfer the amount to SGD before withdrawal, but from my experience, you will get most of the $200 :)

If this helped, do consider using my link below:

Moomoo ($40 cash coupon + potentially Tesla Share: up to $1300 with $2700 deposit)

There's also an ongoing offer by Tiger Brokers which gives you $200 for a $2000 deposit, which you can consider too.

Tiger (1 Free Grab Share + $5 cash coupon + potentially Tesla Share: up to $1270 with $2000 deposit)

(Update: With the Student promotion for Moomoo, you only need to deposit $1000 instead of $2700 to get your $240 reward!)

Hope this helps!

HedgeFinTech

How long is the whole process? Are you able to sell your free apple share right away? I intend to withdraw all the money back to my bank but is wondering how long will the whole process take?

No it doesn't. Withdrawal got no fee. For Nio stock you need to complete 5 trades but for Apple shar...

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