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Anonymous

23 Jun 2021

General Investing

MooMoo Free NIO Stock on 5 Trades

Hi, has anyone got the NIO stock once u do 5 trades? What stocks did u all buy to fulfil this 5 trades requirement?

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I did day trade on Chinese banks, usually its either lowest around 930-10am or around 1pm, highest around 230-300pm. Quick and rater safe money? (am enjoying the free commisson of moomoo yo!)

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Chris

23 Jun 2021

Owner and Writer at Tortoisemoney.com

I didn't sign up in this promo period but:

I would do ES3 (STI ETF), assuming you're not going to use Moomoo as a broker and you're just trying to get the rewards. Just buy and sell until you hit 5 trades. Reasons for this being:

  • No need to lose any additional money to FX charges

  • ETFs on SGX allow trading lot sizes of 10 shares

  • ES3 has the highest volume of any ETF on SGX (as far as I know)

You can use 1 trade to sell your AAPL share too hahah if you're not keen on holding.

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