facebookMoomoo Singapore Reviews and Comparison - Seedly

Moomoo Singapore

  • Key Features
  • Reviews (129)
  • Discussions (0)
  • More Details
Moomoo Singapore Logo
4.3
129 reviews
claimed
Claimed

This product is managed by moomoo Singapore.

Summary

moomoo Trading

Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. It provides its users with the necessary technology and resources to make more informed investment decisions. Moomoo grows with its users, cultivating a community of investors who share, learn, and grow together in one place. Moomoo provides free access to investment courses, educational materials, and interactive events that any investor, at any level, can gain from. Moomoo is not just your investment platform. It is your investment journey.

SingSaver Exclusive Promotion: Get S$50 Grab Vouchers

  • Promotion is valid for new moomoo customers only
  • Open a moomoo account and fund a minimum amount of S$100 in the moomoo universal account to get S$50 Grab Vouchers.
  • Promotion valid until 29 February 2024
  • Terms and Conditions. Click here

moomoo Promotion: Score up to S$660 worth in rewards and up to 5.8%^ p.a. guaranteed returns

  • Score up to S$660 worth of rewards. 5.8%^ p.a. guaranteed returns for up to 30 days & Smarter Investing E-book.
  • Promotion is valid for new customers only
  • Promotion valid until 1 April 2024
  • Terms and Conditions. Click here

Product Page Transparency

  • Claimed in March 2021
  • Pays to access additional features

Brokerage Features & Details

1) Key Features

  • Zero commission on US stocks for eligible clients of moomoo Singapore
  • Gain access to options analysis, 22 drawing tools, and P/L analysis to equip investors to make informed investment decisions
  • Licensed and regulated by Monetary Authority of Singapore (MAS)
  • Known for its easy-to-use trading platform, with low fees such as lifetime commission-free for US stocks* and attractive sign-up welcome offers*
  • moomoo runs promotions for new users to join their platform by offering interesting joining gifts like free Tesla (TSLA), Apple (AAPL), or Shopee (SE) stocks
  • They provide access to Free Level 2 market data that displays real-time bids and asks
  • Equipped with rich and in-depth customisable tools for advanced investors
  • Provide faster trading services through expanding trading channels

2) Commission Fees

  • US Stocks & ETFs: S$0
  • SG Stocks & ETFs: 0.03% of transaction amount, minimum S$0.99/order
  • HK Stocks & ETFs: 0.03% of transaction amount or HK$3, whichever is higher

3) Other Fees

Platform fee
  • US Stocks & ETFs: S$0 for first year, S$0.99/order thereafter
  • SG Stocks & ETFs: 0.03% of transaction amount, minimum S$0.99/order
  • HK Stocks & ETFs: HK$15/order

4) Account Opening

  • Minimum age: 18 years old
  • Account opening fee: S$0
  • Payment methods: Paynow, FAST, Bank Transfer
  • Minimum investment required: S$0

5) Products Offered

  • Stocks
  • Shares
  • ETFs
  • Bonds
  • Mutual Funds
  • Futures
  • REITs

     *T&C apply. Applicable to Singapore citizens or residents on US stock trading only.
...see more

Summary

moomoo Trading

Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. It provides its users with the necessary technology and resources to make more informed investment decisions. Moomoo grows with its users, cultivating a community of investors who share, learn, and grow together in one place. Moomoo provides free access to investment courses, educational materials, and interactive events that any investor, at any level, can gain from. Moomoo is not just your investment platform. It is your investment journey.

SingSaver Exclusive Promotion: Get S$50 Grab Vouchers

  • Promotion is valid for new moomoo customers only
  • Open a moomoo account and fund a minimum amount of S$100 in the moomoo universal account to get S$50 Grab Vouchers.
  • Promotion valid until 29 February 2024
  • Terms and Conditions. Click here

moomoo Promotion: Score up to S$660 worth in rewards and up to 5.8%^ p.a. guaranteed returns

  • Score up to S$660 worth of rewards. 5.8%^ p.a. guaranteed returns for up to 30 days & Smarter Investing E-book.
  • Promotion is valid for new customers only
  • Promotion valid until 1 April 2024
  • Terms and Conditions. Click here

Product Page Transparency

  • Claimed in March 2021
  • Pays to access additional features

Brokerage Features & Details

1) Key Features

  • Zero commission on US stocks for eligible clients of moomoo Singapore
  • Gain access to options analysis, 22 drawing tools, and P/L analysis to equip investors to make informed investment decisions
  • Licensed and regulated by Monetary Authority of Singapore (MAS)
  • Known for its easy-to-use trading platform, with low fees such as lifetime commission-free for US stocks* and attractive sign-up welcome offers*
  • moomoo runs promotions for new users to join their platform by offering interesting joining gifts like free Tesla (TSLA), Apple (AAPL), or Shopee (SE) stocks
  • They provide access to Free Level 2 market data that displays real-time bids and asks
  • Equipped with rich and in-depth customisable tools for advanced investors
  • Provide faster trading services through expanding trading channels

2) Commission Fees

  • US Stocks & ETFs: S$0
  • SG Stocks & ETFs: 0.03% of transaction amount, minimum S$0.99/order
  • HK Stocks & ETFs: 0.03% of transaction amount or HK$3, whichever is higher

3) Other Fees

Platform fee
  • US Stocks & ETFs: S$0 for first year, S$0.99/order thereafter
  • SG Stocks & ETFs: 0.03% of transaction amount, minimum S$0.99/order
  • HK Stocks & ETFs: HK$15/order

4) Account Opening

  • Minimum age: 18 years old
  • Account opening fee: S$0
  • Payment methods: Paynow, FAST, Bank Transfer
  • Minimum investment required: S$0

5) Products Offered

  • Stocks
  • Shares
  • ETFs
  • Bonds
  • Mutual Funds
  • Futures
  • REITs

     *T&C apply. Applicable to Singapore citizens or residents on US stock trading only.
...see more

Moomoo Singapore

From $0
MINIMUM FEE
0.03%
TRADING FEES
Custodian
STOCK HOLDING TYPE

Moomoo Singapore

From $0

MINIMUM FEE

0.03%

TRADING FEES

Custodian

STOCK HOLDING TYPE

📣 SIGN-UP BONUS

Get S$50 Grab Vouchers!

Valid till 29 Feb 2024. T&Cs apply.

Dot Pattern
Handphone
Reviews (129)

4.3

129 Reviews

5
86
4
22
3
10
2
0
1
11

Service Rating

Customer Support

4.3

User Experience

4.4

      Posted 20 Jul 2023

      Purchased

      Moomoo Singapore

      Rewarding app with lot of promotion. Many features that are available for free. Easy to fund and withdraw

      0

      What are your thoughts?

      Posted 20 Jul 2023

      Purchased

      Moomoo Singapore

      Application process with very smooth with Singpass. The account got set up and funded within the day. app looks feature packed with alot of information at the investor finger tips. I had some questions and I emailed client services and got responded promptly.

      0

      What are your thoughts?

      Posted 20 Jul 2023

      Purchased

      Moomoo Singapore

      App is easy to use and customer service is responsive. I would recommend Moomoo. The signup process was really quick too. [Commission Rates] [Customer Service] [User Interface] [Features] [Market Access]

      0

      What are your thoughts?

      Posted 30 Jun 2023

      Purchased

      Moomoo Singapore

      I got a great sign-up bonus and freebies. Their app is quite easy to navigate. I liked that Moomoo didn't have any hidden commission fee!

      1

      What are your thoughts?

      Sharing of referral reward/rebate – transparent, reliable, responsive.

      Please refer to the following for the most updated referral offering. I will share half of my referral reward/rebate with you. If you see better offers elsewhere, do let me know & I'll definitely surpass their offers.

      Email [email protected] or whatsapp 84822914 to arrange Paynow/Paylah or if you need any clarification on the offer.

      Webull – 0% commission US trading

      ➡ Referral link: https://www.webull.com.sg/s/uIYsgiX1jvyVceXnlC

      ➡ Bonus from me: Between S$10 ~ S$100 via Paynow / Paylah

      ➡ Sign up reward from Webull Brokers: 6 or 40 free shares (each worth US$3 to US$100) + 8 Option Trading Vouchers (each worth US$10 ~ US$100)

      ➡ Requirements: Make your first deposit of at least SGD$300, 1 buy trade, and 3 options trade (optional)

      MooMoo Trading

      ➡ Referral Link: https://j.moomoo.com/00zjsU; referral code: CA5TZYVM

      ➡ Bonus from me: Between S$20 ~ S$84 via Paynow / Paylah

      ➡ Sign up rewards from Moomoo: Up to $700 welcome reward

      ➡ Extra Sign-up rewards: 1 free Sea Limited share (worth S$80) or/and 1 Apple share (worth S$240)

      ➡ Requirements: Cumulative Deposit of at least $3,000 (3 trades) or $10,000 (5 trades)

      ​​

      Tiger Brokers

      ➡ Referral Link/ code: https://tigr.link/3kMd4P; referral code: JCGV7E

      ➡ Bonus from me: $40 cashback via Paynow or Paylah

      ➡ Sign up rewards from Tiger Brokers: Gifts up to $410 with interest bonus to 6% p.a. 1 sure-win lucky draw (worth S$13 ~ S$285)

      ➡ Requirements: First Deposit of $300 or $1000 & 5 buy trades (can teach you the fastest and low cost method)

      ​​

      ​​Trust Bank

      ➡ Referral link: Sign up for Trust via www.trustbank.sg with my referral code RQ7A0PYV

      ➡ Sign up reward from Trust Bank: $35 Fairprice e-voucher + multiple attractive vouchers partner offers from Trust Bank

      ➡ Bonus from me: $5 via Paynow / Paylah

      ➡ Requirements: Open account and making your first spend via Trust's debit/credit card

      Senoko (Utilities provider)

      ➡ Referral Code = 4BAQOH9F

      ➡ Sign up reward from from Senoko: $20 referral rebate, various credit card rebates (up to to $130) and enjoy the lowest utilities rate from the largest utilities provider in Singapore.

      ➡ Bonus from me: $10 via Paynow / Paylah

      ➡ Requirements: Just need to signup (no other requirements)

      Posted 16 Jun 2023

      Purchased

      Moomoo Singapore

      interesting app and easy to understand. simple enough & customer service is good, therefore recommended 😊

      0

      What are your thoughts?

      Posted 15 Apr 2023

      Purchased

      Moomoo Singapore

      Great product offerings provided in the app and app is very easy to navigate. Great customer support on my queries as well.

      0

      What are your thoughts?

      Posted 15 Apr 2023

      Purchased

      Moomoo Singapore

      User friendly and easy to navigate. free trades within certain number of days after account opening. Comes with many free promotion during account opening

      0

      What are your thoughts?

      Posted 15 Apr 2023

      Purchased

      Moomoo Singapore

      good service [User Interface] [Market Access] [Products Offered] [Commission Rates] [Features] user friendly fast service friendly staff very good options available for every user and its good

      1

      What are your thoughts?

      Posted 15 Apr 2023

      Purchased

      Moomoo Singapore

      No commission very good l and there’s is a lot things to invest on. A lot of market for you to invest in and also a lot of funds for you

      0

      What are your thoughts?

      Posted 15 Apr 2023

      Purchased

      Moomoo Singapore

      [Customer Service] Great support at the Seedly booth festival. Thank you for the attractive prizes and energy today. Good platform

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

      Features and Benefits of moomoo SG

      • Competitive low commission charges - Zero Commission on US Stocks forever and no custodian fees.
      • Rich and In-depth tools to help you make better investment decisions - from charts and technical indicators to insights from third-parties, intuitive graphs and trends in capital flows.
      • Free real-time Level 2 market data - moomoo displays the real-time bids and asks at a certain price for any stock and the trades being executed currently. 
      • Fast trades through expanding trading channels and improved order processing capabilities.
      • moomoo is a trading platform powered by Moomoo Financial Singapore Pte. Ltd
      • Singapore securities products and services in moomoo are offered by Futu Singapore Pte. Ltd; it is a capital markets services license holder regulated by the Monetary Authority of Singapore (MAS), (Licence No. CMS101000)
      • For US Securities, they are protected up to US$500,000 by Securities Investor Protection Corporation (SIPC)
      • See our writer's full review of moomoo here

      How to open a moomoo account?

      1. Install and Sign up with moomoo
      2. Choose Open Account
      3. Select if you are a Singapore citizen or permanent resident
      4. Verify your Email
      5. Complete the online application form
      6. Submit your application

      What do you need to open a moomoo account?

      For Singapore Citizens or Permanent Residents, you need the following documents to open a moomoo account:

      • Copy of your NRIC and proof of address (Not required for users who complete the application form using their SingPass details via MyInfo)
      • Your employment status
      • Your financial status
      • Your tax information

      For Non-Singaporean citizens, you will need the following documents:

      • Your passport photo page and proof of address
      • Your employment status
      • Your financial status
      • Your tax information
      • Make a deposit with a Singapore bank account

      Brokerage Fees and Charges for moomoo

      The fees and charges of moomoo SG are as follows:

      For US Stocks and ETF

      Commission

      • Stocks: $0/ Share, min $0.99 / Order
      • ADRS: $0.0049 / Share, min $0.99 / Order

      Platform Fees

      $0.005 / Share, min $1 / Order

      Regulatory Fees

      • Settlement Fee: $0.003 * Filled Shares
      • SEC Fee (Sells only): $0.0000051 * Transaction amount, min $0.01 / Order
      • Trading Activity Fee (TAF, Sells only): $0.000119 / Share, min $0.01 - max $5.95
      • ADR Custodian Fee: $0.01~0.05 / Share

      FUTU SG Trading Fees in USD

      All the transactions which have an effective settlement date of February 25, 2021 or later will have the SEC fee rate "$0.0000051 * transaction amount, min $0.01" applied.

      Hong Kong Stocks and ETFs

      Commission

      Stocks: 0.03% of the investment amount or HK$3 whichever is higher

      Platform Fees

      HK$15 per order

      Regulatory Fees

      • Hong Kong Exchange Trading Tariff: HK$0.50 per transaction
      • Hong Kong Exchange Settlement Fee: 0.002%*transaction amount, minimum HK$2, Maximum HK$100
      • Hong Kong Government Stamp Duty: 0.1%*transaction amount, minimum HK$1
      • Hong Kong Exchange Trading Fee: 0.005%*transaction amount, minimum HK$0.01
      • Hong Kong SFC Transaction Levy: 0.0027%*transaction amount, minimum HK$0.01

      FUTU SG Hong Kong Stocks and ETFs Trading Fees

      Note: Singapore government may levy Goods and Services Tax (GST) at a rate of 7% on the above fees.

      Still need some help?

      Read our writer's take on Moomoo vs Tiger vs IB

      Check out Seedly's Ultimate Online Brokerage Cheatsheet to get a second opinion!

      Contact Moomoo Singapore

      • Address: 1 Raffles Quay, North Tower #39-02‎
      • Email: [email protected]
      • Visit moomoo's official website for more details on how to reach them

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