Anonymous

19 May 2021

∙

General Investing

Does moomoo charges any inactivity fees?

Will u be charged money if u decide not to use ur moomoo account? Can u deactivate the account if u do not want to use it anymore ?

Moomoo Singapore

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Steven @ HedgeFinTech.com

Edited 09 May 2022

Updated May 2022

Hi, there are no inactivity fees for Moomoo. If you are looking at the sign-up offer, I have recently done it and got my Apple share! Then, basically sell the Apple share and withdraw the SGD and USD amounts. It's pretty simple and took just a few days.

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

Tiger is also having a similar sign-up offer with if you are interested!

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!)

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Tan Choong Hwee

18 May 2021

Solutions Specialist at Providend

There is no inactivity fees for moomoo.

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