facebookmoomoo Ratings Nov 2024

moomoo

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5.0
16 reviews
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Summary

moomoo Review 2024

Moomoo SG is the first and only digital brokerage in Singapore to be granted the Major Payment Institution license for digital payment token services. With moomoo, you can trade crypto on a regulated brokerage, trusted platform, giving you complete peace of mind.

Manage your crypto assets alongside your stocks, funds, and other investments—all in one convenient place. Depositing and withdrawing funds in SGD or USD is as easy as it is for stocks or unit trusts, and as always, you’ll enjoy 0 deposit fees and 0 cash-out fees.

Features and Benefits

  • Build a Diversified Portfolio
    No need for multiple platforms. Manage your crypto assets alongside global stocks, funds, bonds, and more, all in one app.
  • Trade Directly with SGD and USD
    No need to exchange for USDC or USDT. Trade crypto directly with Singapore Dollars or US Dollars without worrying about currency exchange risks.
  • Hassle-Free Deposits & Withdrawals
    Skip the crypto wallet setup. Enjoy fast and easy SGD/USD transfers via DDA directly to and from local banks at 0 fees.
  • Start with a Small Investment
    No need to buy a whole BTC to get started. Begin your crypto journey from 0.0005 BTC (around US$33^) and use dollar cost averaging to build your investment.

Fees & Charges

  • Number of Listed Cryptocurrencies: 6 (BTC ETH BCH XRP DOT ADA)
  • Commission: 0.09% (O commission until 31/12/2024)
  • Platform Fee: 0.1%
  • Taker Fees (Fiat): 0.30%
  • Settlement Instruction Fee: 0.15%
  • Trading Fee: 0.05%
  • Withdrawal Fees: Free

Terms & Conditions

  • Age Requirement: Selected users who are under 70 years old and have a valid Singapore address or nationality.
  • Based on BTC/USD, market value as of US$66,438.5.
    Full list of cryptos and its minimum order here.
...see more

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Summary

moomoo Review 2024

Moomoo SG is the first and only digital brokerage in Singapore to be granted the Major Payment Institution license for digital payment token services. With moomoo, you can trade crypto on a regulated brokerage, trusted platform, giving you complete peace of mind.

Manage your crypto assets alongside your stocks, funds, and other investments—all in one convenient place. Depositing and withdrawing funds in SGD or USD is as easy as it is for stocks or unit trusts, and as always, you’ll enjoy 0 deposit fees and 0 cash-out fees.

Features and Benefits

  • Build a Diversified Portfolio
    No need for multiple platforms. Manage your crypto assets alongside global stocks, funds, bonds, and more, all in one app.
  • Trade Directly with SGD and USD
    No need to exchange for USDC or USDT. Trade crypto directly with Singapore Dollars or US Dollars without worrying about currency exchange risks.
  • Hassle-Free Deposits & Withdrawals
    Skip the crypto wallet setup. Enjoy fast and easy SGD/USD transfers via DDA directly to and from local banks at 0 fees.
  • Start with a Small Investment
    No need to buy a whole BTC to get started. Begin your crypto journey from 0.0005 BTC (around US$33^) and use dollar cost averaging to build your investment.

Fees & Charges

  • Number of Listed Cryptocurrencies: 6 (BTC ETH BCH XRP DOT ADA)
  • Commission: 0.09% (O commission until 31/12/2024)
  • Platform Fee: 0.1%
  • Taker Fees (Fiat): 0.30%
  • Settlement Instruction Fee: 0.15%
  • Trading Fee: 0.05%
  • Withdrawal Fees: Free

Terms & Conditions

  • Age Requirement: Selected users who are under 70 years old and have a valid Singapore address or nationality.
  • Based on BTC/USD, market value as of US$66,438.5.
    Full list of cryptos and its minimum order here.
...see more

moomoo

6
CRYPTOCURRENCIES
0.30%
TAKER FEES (FIAT)
0
WITHDRAWAL FEES (FIAT)
N/A
CREDIT OR DEBIT CARD FEES (FIAT)
Yes
MAS LICENSED OR EXEMPTED

moomoo

6

CRYPTOCURRENCIES

0.30%

TAKER FEES (FIAT)

0

WITHDRAWAL FEES (FIAT)

N/A

CREDIT OR DEBIT CARD FEES (FIAT)

Yes

MAS LICENSED OR EXEMPTED

Reviews (16)

5.0

16 Reviews

5
16
4
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3
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2
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1
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Service Rating

User Experience

5.0

Customer Support

5.0

      Posted 14h ago

      Purchased

      moomoo

      I use moomoo for crypto trading because I prefer to manage all my investments in one place. I can see my overall portfolio P&L without calculating it across different apps. I also buy stocks and money market funds on moomoo. [Crptocurrencies offered] Moomoo offers the major coins like BTC, ETH, ADA. Meet my needs. [Customer Service] Good. You can always find a real person talking to you. [Hidden Fees] Straight forward. Just like trading stocks. Fee is cheaper comparing to Coinbase.

      0

      What are your thoughts?

      Posted 2d ago

      Purchased

      moomoo

      Was recommended by my friend to trade on moomoo. The account creation process was quick, and interface is relatively easy to explore.

      0

      What are your thoughts?

      Posted 2d ago

      Purchased

      moomoo

      I had a positive experience overall. The user interface is intuitive and easy to navigate, making it simple for beginners, and updated news and content. The customer service was responsive but could be faster in resolving issues. The withdrawal process was smooth once fees accounted for. Overall, it offers good platform for money if you prioritise usability and variety.

      0

      What are your thoughts?

      Posted 2d ago

      Purchased

      moomoo

      Fast application process, transparent fees, nice user interface. Also 24/7 customer service, and simple withdrawal process.

      0

      What are your thoughts?

      Posted 2d ago

      Purchased

      moomoo

      With more than 1 million users in Singapore, I have the confidence to safely trade on the moomoo platform. Kudos too to its extensive library of educational materials and knowledgable insights from its chief market strategist. Its wide suite of crypto-related products and the ease of trading are major plus points for me to kickstart my crypto journey with them.

      0

      What are your thoughts?

      Posted 2d ago

      Purchased

      moomoo

      Fuss free during account setup. User friendly interface to view the shares under my account and keeping track of my P&L. Recommended for users who are keen on trading and investing.

      0

      What are your thoughts?

      Posted 3d ago

      Purchased

      moomoo

      Moomoo allows me to manage my cryptocurrency portfolio easily from features like real-time alerts, seamless trade execution, everything is conveniently handled within the app. Highly recommend to anyone looking for a reliable trading app!

      0

      What are your thoughts?

      Posted 3d ago

      Purchased

      moomoo

      user interface, crypto offered, customer service, trading fees, hidden fees, withdrawal process all is g

      0

      What are your thoughts?

      Posted 3d ago

      Purchased

      moomoo

      Easy and convenient to use. Cryptocurrency has become one of the most talked-about topics in recent years, sparking both excitement and skepticism across various sectors. Moomoo's app allows me to explore it with ease.

      0

      What are your thoughts?

      Posted 3d ago

      Purchased

      moomoo

      Crptocurrency has become one of the most talked about topic in recent years. I have been using moo moo app for sometime and I would love to explore the crptocurrencies offered on moo moo app as it is very user friendly as compared to other app.

      0

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      About moomoo

      Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo.

      Our clients can manage a diversified investment portfolio globally across multi-market in US, Singapore, Japan, Hong Kong stocks and ETFs, Options, as well as Funds, Bonds, Futures, Forex and Cryptocurrency. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.

      Moomoo Singapore offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In April 2024, Moomoo Singapore reached the 1 million users milestone in Singapore.

      Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products that rival that of traditional private banks, and has been recognised by Asia Banking and Finance for its product excellence.

      Our achievements include the Investment Tech of the Year award at the 2024 Asia Fintech Awards and the SIAS Best Retail Broker 2023.

      Contact Info

      Customer Service
      +65 6321 8888
      [email protected]

      Understanding the risk of Cryptocurrency Platforms in Singapore:

      Moomoo Financial Singapore Pte. Ltd. is a Capital Markets Services Licence (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. For further information about Moomoo Financial Singapore Pte. Ltd., please check Moomoo Financial Singapore Pte. Ltd. on MAS's Financial Institutions Directory.

      The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. ​Readers should always do their own due diligence and consider their financial goals before investing in any investment product.

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.

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