moomoo is a trading platform offered by Moomoo Inc, a subsidiary of Nasdaq-listed FUTU Holdings Limited (FUTU). In Singapore, investment products and services on moomoo are offered by Futu Singapore Pte. Ltd. Three months since setting up shop in Singapore, they have seen a whopping user base of over 220,000 and 100,000 paying clients.
What is it about the moomoo app that hundreds of thousands of Singapore-based users have flocked to download it on their mobile, and actively engage in financial trading?
It is really not hard to see why the tech-driven digital platform is so well-received. If you are just starting out on your investment journey, this is definitely a great platform to get you started. More seasoned investors will also find the moomoo app as an ideal alternative platform.
We give you the low-down on moomoo app, which you can download on both Google Play and Apple app stores, and even get a free Apple (AAPL) share if you fund SGD 2,700 (or USD 2,000 / HKD 16,000). It gets even better when you trade! With just five (05) trades or achieving a Level 1 Trading Badge, you will receive another 1 free NIO share. Click here to enjoy this promotion.
Safe, trusted and secure
If you have any doubts on funding your FUTU SG Securities account to start trading, there is absolutely no need for worry on your part that if it is unsafe to do so. FUTU SG is licensed and regulated by the Monetary Authority of Singapore (Licence No. CMS101000). Its parent company, Futu Holdings Limited, is listed on the Nasdaq since 2019 and backed by technology conglomerate Tencent Holdings.
FUTU SG even have a local office, and its director, Gavin Chia, has spoken widely in a recent Straits Times interview about the company’s commitment to further grow the company in Singapore and in the region.
Customer service is also prompt, efficient and effective.
Competitive low-cost trading fees
It is well-known in the market that FUTU SG offers competitive commission fees via the moomoo trading platform. In fact, a quick comparison on the Seedly site shows that it has the cheapest minimum fee in Singapore (not withstanding Firsttrade and TD which charges $0).
Also, for the first 180 days, users get to enjoy commission-free of unlimited trading (other fees apply) for US, HK and SG stock markets so that is an added bonus, especially for avid traders.
Great resources and tools for news and insights
Another feature that really sets moomoo app apart from other similar platforms is its 15 million-strong, collaborative global investor community that helps to empower new as well as experienced investors. The in-app forum allows users from any part of the world to connect with analysts, media, key opinion leaders and companies, as well as share market insights.
Members of the moo community even share their opinions on various asset classes and lessons learnt from their investments, generate graphs and charts for others to gain insights, and inspire them with their success stories.
You may find out how to download and use the app with tutorial videos via their YouTube channel .
Enjoy this trading platform with moomoo powered by FUTU’s Welcome Promotion!
You can register for a FUTU SG Securities account via this link.
This is a sponsored post by moomoo.