MOOMOO DETAILED REVIEW

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    MOOMOO REVIEW

    Who is MooMoo for?

    Moomoo is a mobile trading platform that makes it easy to invest in the stock market. The platform is built around smart trading, which means that investors can enjoy the benefits of low fees while using advanced tools to make smart investment decisions.

    The app has a host of research tools to help you make smart investment decisions and simulate the investment experience before going all in. You can also invest when it’s convenient for your schedule—you can initiate trades whether you’re at home or on-the-go, with your customized set-ups synced on different devices. Plus, there’s no minimum deposit to open an account!

     

    The official website of the Forex Broker Moomoo

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Active/Advanced Traders

    Active traders love Moomoo, and with good reason. You can keep tabs on your account, get in-depth but free quotes, and employ smart order types to execute trades. Or you can use their powerful trading tools to monitor market trends and make informed decisions, both from the mobile app and desktop.

    Moomoo is the best of both worlds: a modern and intuitive interface that’s easy to navigate, but with a wealth of information at your fingertips.

    Cost-Conscious Traders

    Moomoo is a good option if you want to save money. With its commission-free trades, low-cost fee structure, and no minimums or maximums, you can put your money to work and keep even more in your pocket. Moomoo is without a doubt one of the cheapest platforms available today.

    New Investors

    Moomoo is a great place to start if you’re looking to get into the stock market.

    If you’re not quite ready to invest real money, you can practice trading with a paper account for free. With Moomoo, investors can build up their knowledge and skills while learning from the community and accessing market insights.

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Platform and Tools

    Moomoo is a trading platform that offers its services on PC, mobile and iPad. Their tool can be synced up on the three screens. The platform is perfect for an investor who gets serious about trading. Their users will grow their trading techniques and experiences quickly with Moomoo.
    • Free Level 2 quotes. Despite streaming real-time quotes that enhances trading experience, Moomoo offers Level 2 quotes from NYSE Arcabook, NYSE Open book, and Nasdaq Total View, covering order books from electronic securities exchanges with top 3 trading volumes. They often have promotions of free NYSE Arcabook data, which is super competitive because the industry usually charges fees for it.
    • Advanced charting. Moomoo has impressive charting features including some standard charts like bars, hollow candles, filled candles, lines, mountain, and advanced multi-charting with 63 technical indicators including the VWAP, which can even satisfy day traders. It provides all time frames from 1 minute, 5 minutes, to 1 year.
    • Smart orders. It provides access to pre- and post-market trading with advanced stock orders, including stop-limit orders and trailing stop-loss orders and up to 40 orders at the same time.
    • Longer trading hours. Moomoo has the longest hour for trading compared to competitors. You can jump in and out of position as soon as the news comes out  from 4 AM to 8 PM EST.
    • Multi-market quotes. Moomoo offers market information for the U.S., Hong Kong (both stocks and futures) and China market. Forex quotes are available too.

     

     

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Research Offerings

    • Moomoo is a mobile app that allows users to trade stocks and options, as well as follow the latest news and insights from the financial industry.
    • With Moomoo’s Strategy tap, customizable screeners for stocks, ETFs, options, and even international securities can be built, saved, and sync to go. You can sort equities by various conditions, including market factors, fundamentals, and technical factors.
    • Alerts on Moomoo are customizable and comprehensive. Users can set their own price alerts, bid/ask alerts, and event alerts, with in-app and phone notifications pushed to not miss important opportunities. All set-ups can be synchronized so you can keep a watchful eye on the market anytime and anywhere. Besides its AI Monitor keeps the market under-watched providing an effortless way to find stocks that are moving among thousands of data points competing for attention as long as to detect the market sentiment by graphing long/short distribution and price volatility.
    • Moomoo offers news feeds from famous financial media such as CNBC and Dow Jones Newswires as addition to its exclusive market insights feeds which can be customized based on positions and calendar.
    • Moomoo has an in-app active community where users can comment tag forward initiate

     

     

     

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Commission and Fees

    Moomoo is a commission-free trading platform, with no monthly maintenance fees or data fees for real-time monitoring.

    When you trade stocks, you’ll pay the following fees:

    SEC transaction fee of $0.0000207 for sells; a FINRA Trading Activity Fee of $0.000119; an ADR custodian fee of $0.01 to $0.05 per share; and an SEC transaction fee of $0.0000207 for sells.

    When you trade options, you’ll pay the following fees: an Options Regulatory Fee (ORF) of $0.0379 per contract; an OCC fee of $0.05 per contract for 0 to 999 contracts or $55 per trade for over 999 contracts; an exchange fee that varies by exchange; and a FINRA Trading Activity Fee of $0.000119

    Moomoo account holders enjoy commission-free trading with no monthly maintenance fees or data fees for real-time monitoring, but minimal fees do apply for stock and option trades as indicated above.

    Some other fees to know:
    • Outgoing wires (domestic): $20 per transaction
    • Incoming wires (domestic): $10 for any wires following the initial transaction (also free during promotional periods)
    • Outgoing wires (international): $25
    • Incoming wires (international): $10 for any wires following the initial transaction (also free during promotional periods)
    • Outgoing stock transfers: $75 per stock
    • Mail paper statements: $3 per statement
    • Assisted phone trades: $10

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Security

    Moomoo is a broker-dealer registered with the SEC, which means it is subject to oversight and must adhere to stringent industry standards. It is also a member of FINRA and the Securities Investor Protection Corporation, and Moomoo’s security accounts are insured by the SIPC for up to $500,000 (including $250,000 for cash claims).

    Is Moomoo Safe?

    Moomoo is a registered broker-dealer with the U.S. Securities and Exchange Commission, and it’s also a member of FINRA and the Securities Investor Protection Corporation.

    These registrations ensure that Moomoo is financially safe up to the listed balances. Be sure to read the details of Moomoo’s personal information privacy policies if you are interested to know more about how your details are used.

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Customer Support

    Have a question about Moomoo or need help navigating the platform? We’re here to help.

    At Moomoo, we pride ourselves on our customer support. We offer 24-hour live chat support as well as phone support during trading hours.

    You can also submit an inquiry via the mobile app. Be sure to provide your email address, Moomoo ID and a subject and description of your question as well as any related attachments. You’ll also need to choose the most relevant category from this list — general, account, funding, trading and options or promotions.

    The help center is also available to find answers to common questions that fall into these categories:
    • Account: learn more about account profiles and opening or closing an account
    • Funding: includes information on deposits, withdrawals and the instant deposit feature
    • Trade: covers general trade, options, margin trade, pattern day trading and derivative-related questions
    • Moomoo use: learn more about market quotes and analysis and how to reset your login or trading password
    • Referral and free stocks: includes answers to questions related to Stock Cards
    • Fees and taxes: offers more in-depth insights on the fee schedule and taxation

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Tradable Asset Classes

    • Stocks, including Hong Kong stocks, Chinese A-shares
    • Over 8,000 different stocks available for short-selling
    • Options
    • Exchange-traded funds (ETFs)
    • American depositary receipts (ADRs)
    • IPO stocks subscription

    For retail investors, trading opportunities in other markets is a plus. You can trade stocks at low fees with this platform compared to others.

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo’s Ease of Use

    Moomoo is simple and intuitive. It is easy to use, and you can get started right away.

    You can start a new project in no time at all! All you need to do is enter a few pieces of information, like what type of project you’re looking for and whether or not it’s urgent.

    Once your request goes out, hundreds of freelancers will see it and apply. You can then choose the best person for the job based on their profile, ratings, and other information.

    Once you’ve made your selection, it’s time to work! Just send them all of your ideas and specifications through the app so that they know exactly what needs to be done. They’ll let you know if anything needs clarification or if there are any problems with the task at hand. Then they’ll get down to business!

     

    Follow these instructions to apply for a Futu brokerage account through the Moomoo app:
    • Select “Open Account” from the dashboard.
    • Enter your email address and set a unique password.
    • Input your full legal name, phone number, date of birth and Social Security number.
    • Select your country of citizenship from the comprehensive list of options.
    • Enter your mailing address.
    • Answer questions about your employment status. Indicate if you’re employed, unemployed, retired or a student. Enter your industry, employer name and occupation.
    • Select your annual income and total net worth from the ranges presented.
    • Answer the personal disclosure questions.
    • Sign your full name and submit the application.

    You should receive a response within one business day telling you whether or not your application has been approved.

    ➔ Open your free trading account with Moomoo now

    (Risk warning: 75.59% of retail CFD accounts lose)

    Moomoo Overall Rating

    Moomoo is a mobile-trading app that allows you to invest in companies you love, no matter where you are.

    Whether you’re a new or experienced investor, Moomoo is a reliable platform to grow your assets. Its streamlined application process allows you to start making trades within 1 business day and you’ll enjoy commission-free trading.

    You can also use its tools and resources to simulate trades or monitor market activity in real-time without incurring any fees. The app is accessible 24/7 if you need to adjust your portfolio.

    Create a free account with Moomoo today and experience all the mobile-trading app has to offer. You can invest with companies you love while at work, home or on-the-go.

     

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    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
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    		 (5 / 5)
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    # Best platform for beginners
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    BROKER: REVIEW: ADVANTAGES: FREE ACCOUNT:
    1. AMARKETS
    		 (5 / 5)
    ➔ Read the review     		# Spreads from 0.0 pips
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    # Best platform for beginners
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    wdt_ID # Broker Website Forex Broker Year Regulation
    1 1 Open an Account FBS 2.009 IFSC, CySEC, ASIC, FSCA
    2 2 Open an Account EXNESS 2.008 CySEC, FCA
    3 3 Open an Account OCTA FX 2.008 SVG
    4 4 Open an Account INSTA FOREX 2.007 VI FSC, CySec
    5 5 Open an Account FX OPEN 2.008 CySEC, FCA
    6 6 Open an Account AXI 2.008 CySEC, FCA
    7 7 Open an Account FX PRIMUS 2.008 CySEC, FCA
    8 8 Open an Account HFM 2.010 CySEC, FSC, FSB, FCA, BaFin, DFSA
    9 9 Open an Account FXTM 2.011 CySEC, FCA, IFSC
    10 10 Open an Account JUST FOREX 2.012 IFSC
    11 11 Open an Account CAPITAL.COM 2.016 FCA, FSA, ASIC, and CySec
    12 12 Open an Account TASTY WORKS 2.017 CySEC, FCA
    13 13 Open an Account MOOMOO 2.018 FINRA & SEC, SFC, MAS, ASIC
    14 14 Open an Account AVATRADE 2.006 MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC
    15 15 Open an Account EASY MARKETS 2.001 CySEC, MiFID, ASIC
    16 16 Open an Account EIGHT CAP 2.009 ASIC, VFSC
    17 17 Open an Account FP MARKETS 2.007 CySEC, ASIC, FSA
    18 18 Open an Account HYCM 1.977 CySEC, FCA, MiFID, DFSA, SFC
    19 19 Open an Account ICMARKETS 2.007 CySEC, ASIC, FSA
    20 20 Open an Account IRON FX 2.010 FCA, ASIC, FSCA, CySEC
    21 21 Open an Account LITE FINANCE 2.007 CySEC
    22 22 Open an Account REVOLUT 2.015 CySEC
    23 23 Open an Account IG 1.974 ASIC, JFSA, MAS, FINMA, FCA, FMA, CFTC
    24 24 Open an Account MONETA MARKETS 2.009 ASIC, FCA
    25 25 Open an Account AMARKETS 2.007 The Financial Commission
    26 26 Open an Account PEPPERSTONE 2.010 CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA
    27 27 Open an Account PLUS 500 2.008 CySEC, ASIC, FMA, FSCA
    28 28 Open an Account TICKMILL 2.014 FCA UK, CySEC, FSA Seychelles
    29 29 Open an Account TMGM 2.013 ASIC, FMA
    30 30 Open an Account TOP FX 2.010 FCA
    31 31 Open an Account TRADE NATION 2.014 FCA
    32 32 Open an Account TRADE 360 2.013 CySEC
    33 33 Open an Account VANTAGE 2.009 CIMA, SIBL
    34 34 Open an Account VT MARKETS 2.015 ASIC, CIMA
    35 35 Open an Account XM 2.009 ASIC, CySEC, IFSC
    # Broker Website Forex Broker Year Regulation