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 Moomoo trading platform review

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Barricade
post Aug 8 2024, 08:55 PM

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Resolved

This post has been edited by Barricade: Aug 8 2024, 11:40 PM
Barricade
post Sep 12 2024, 06:21 PM

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QUOTE(Yluxion @ Sep 12 2024, 06:14 PM)
Are you new to stocks trading?

US Stocks are T+1 (plus conversion of USD back to MYR), while Bursa is T+2.

Since you mentioned 11/09/2024 withdrawal completed, you should be getting your fund by end of today.
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Exactly. Must be rookie barking like a mad dog don’t know how stock trading works.
Barricade
post Sep 12 2024, 06:22 PM

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QUOTE(ccschua @ Sep 12 2024, 11:40 AM)
moomoo cash plus has drop to 3% and somemore 7 days yield, very unattractive.

so to buy msia stocks, need to transfer from rize, 1 working day in advance ?

at least moomoo give cds acc rather than trustee acc at FSM
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You didn’t claim the extra 2% bonus interest voucher? I did and now the effective rate is around 5%
Barricade
post Sep 12 2024, 06:45 PM

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QUOTE(fattyghost @ Sep 12 2024, 06:26 PM)
Yeah, you're the 1 barking. I submitted the withdrawal request by 10/9 morning. But due to their calculation error, they rejected my withdrawal, force me to resubmit again by the end of the day.

What kind of stupid system is this that can't even calculate how much I can withdraw by the time I submit the withdrawal request?

And why they need so much time to deposit money to my account after the request is "completed". This is nonsense. Rubbish platform.
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Show screenshot of your withdrawal page. You cannot withdraw more than the available amount; the app won't allow you to. If what you're saying is true, there should be two same amount from different day, one rejected and one completed.
Barricade
post Sep 12 2024, 08:33 PM

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QUOTE(thecurious @ Sep 12 2024, 08:05 PM)
Does the extra bonus interest apply to existing fund? or only the new subscription?
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Only for new subscription because you need to apply the coupon when subscribing.


Barricade
post Oct 9 2024, 10:26 PM

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QUOTE(richtrons @ Oct 9 2024, 03:45 PM)
So anyone else has withdrawal issue? i checked with MooMoo, which they mentioned the money has left MooMoo but Bank mentioned nothing yet.
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it will be credited by end of the day.
Barricade
post Oct 11 2024, 03:38 PM

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QUOTE(Sunshape @ Oct 11 2024, 01:14 PM)
MooMoo customer service is bad and slow.

Any platform that has better customer service in term of speedy?
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You can try Webull. Their CS is quite responsive
Barricade
post Jan 17 2025, 07:31 AM

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QUOTE(ccschua @ Jan 16 2025, 08:12 AM)
It’s a waste of time subscribing to the mmf as it takes up to 2 working to subscribe and another 1 to 2 working days to unsubscribe. Lesson learnt.

Compared to KDI, I lost 4 days of interest at a lower rate some more
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Yup. Don’t bother with their MMF.
Barricade
post Jan 29 2025, 01:53 PM

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QUOTE(chuan88 @ Jan 29 2025, 12:42 PM)
Yes. All US Stock.

Today saw it but cant tally it at all.

Thanks bro
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If you buy US stock, when you view in MYR of course the figure changes every day. Everyday forex rate is different.

You should view in USD instead. Then you should be able to tally.
Barricade
post Mar 17 2025, 10:17 AM

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Anyone can use moomoo app now? Mine keep crashing. iOS
Barricade
post Mar 17 2025, 11:25 AM

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QUOTE(T.Alvin @ Mar 17 2025, 10:26 AM)
on iphone 13pm, and ipad 9th gen, both no problem this morning
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they fixed it. it was down earlier this morning. called them they say something wrong with their ios app... ask me to use web app as workaround. sweat.gif
Barricade
post Mar 17 2025, 05:08 PM

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QUOTE(shawnme @ Mar 17 2025, 02:18 PM)
Hi, may I know where I can find this web interface?
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I think it's the app. Top right there's a download.

https://www.moomoo.com/my
Barricade
post May 30 2025, 10:54 AM

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user posted image
Barricade
post Jun 5 2025, 10:42 PM

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QUOTE(genesic @ Jun 5 2025, 10:37 PM)
where to find this promo. in moomoo my or sg ?
cant find mine.
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Click on the picture you should be able to see it. It’s in moomoo MY
Barricade
post Jul 25 2025, 01:38 PM

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user posted image

Received this today
Barricade
post Sep 12 2025, 11:08 AM

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Moomoo MYR funds can get around 4.7% pa now. Just need to unlock the bonus +1.5% voucher under "TASK" by depositing certain amount.
Barricade
post Sep 12 2025, 02:34 PM

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QUOTE(Gabriel03 @ Sep 12 2025, 02:05 PM)
I don't see the bonus 1.5% voucher in the task center. Is in the "Special Offers" section?
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Under "Weekly Bonus".

Look for "This Week's Net Deposit Advanced Challenge!"
Barricade
post Sep 13 2025, 10:44 PM

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QUOTE(FGG28 @ Sep 13 2025, 09:54 PM)
Can we deposit the amount to unlock the coupon, then withdraw the excess amount over the subscription limit of the coupon and still enjoy the interest rate boost?
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Yes you can. You can withdraw all and utilise the coupon later.
Barricade
post Sep 17 2025, 11:53 AM

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QUOTE(Davidtcf @ Sep 17 2025, 11:22 AM)
Moomoo still worth using? Few days ago my friend cucuk me by saying the FX conversion rate in Moomoo sucks and that is how they scam our money there.

I recall the conversion is OK as the difference of using Moomoo and IBKR rate is almost same after factoring paying Wise for the transfer fees?

I'm using both personally but not sure if I should put in more funds into Moomoo.
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Clearly your friend doesn't know shit. Moomoo conversion rate is very good. The only thing I don't like is the tax our govt collect for every trade - regardless of platform. That's why I don't trade using Moomoo Malaysia. I only use Moomoo Malaysia if I intend to hold the stock long term. For trading I'm using Moomoo Singapore.
Barricade
post Sep 17 2025, 01:39 PM

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QUOTE(jsnhoh @ Sep 17 2025, 01:15 PM)
what is "tax our govt collect for every trade - regardless of platform." ?? U mean the clearing fee or stamp duty ??
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Stamp duty. 0.1% is a lot for me giving my trading frequency and value is high.
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