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 Moomoo trading platform review

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SUSMasterConfucion
post Mar 17 2024, 10:29 AM

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Is this cheapest fee broker in Malaysia now?
SUSMasterConfucion
post Mar 17 2024, 10:30 AM

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How is it compare fsm?
Medufsaid
post Mar 17 2024, 10:36 AM

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MasterConfucion
QUOTE
Fees comparison

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Super2047
post Mar 17 2024, 11:07 AM

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QUOTE(ronnie @ Mar 16 2024, 11:06 PM)
on a weekend also they process the deposits into your MooMoo stock trading account ?
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Just deposited again and it went in within half an hour 👍
Medufsaid
post Mar 17 2024, 11:21 AM

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Never ever covert your MYR into USD in moomoo during weekends. It'll cost you 0.8%, so it's worse than TransferWise.

Do it during Malaysian working hours. 0.4%

This post has been edited by Medufsaid: Mar 17 2024, 11:22 AM
thecurious
post Mar 17 2024, 11:46 AM

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QUOTE(Medufsaid @ Mar 17 2024, 11:21 AM)
Never ever covert your MYR into USD in moomoo during weekends. It'll cost you 0.8%, so it's worse than TransferWise.

Do it during Malaysian working hours. 0.4%
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What about weekdays after Malaysian working hours?
Is it also 0.8%?
ronnie
post Mar 17 2024, 11:58 AM

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QUOTE(Super2047 @ Mar 17 2024, 11:07 AM)
Just deposited again and it went in within half an hour 👍
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hope they implement FPX so it's automated.
Medufsaid
post Mar 17 2024, 12:12 PM

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QUOTE(thecurious @ Mar 17 2024, 11:46 AM)
What about weekdays after Malaysian working hours?
Is it also 0.8%?
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our ringgit not actively traded after office hours so the fees are higher
ronnie
post Mar 17 2024, 12:55 PM

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SUSMasterConfucion
post Mar 17 2024, 01:04 PM

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QUOTE(Medufsaid @ Mar 17 2024, 10:36 AM)
MasterConfucion
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That's super! Thanks for help make the comparison
SUSMasterConfucion
post Mar 17 2024, 01:06 PM

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QUOTE(ronnie @ Mar 17 2024, 12:55 PM)
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I just registered moo. Do I still applicable for the Apple share?
ericlaiys
post Mar 17 2024, 02:33 PM

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QUOTE(MasterConfucion @ Mar 17 2024, 01:06 PM)
I just registered moo. Do I still applicable for the Apple share?
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too late
dwRK
post Mar 17 2024, 03:10 PM

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QUOTE(MasterConfucion @ Mar 17 2024, 01:06 PM)
I just registered moo. Do I still applicable for the Apple share?
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just do it... random share still ok...

SUSMasterConfucion
post Mar 17 2024, 04:53 PM

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QUOTE(dwRK @ Mar 17 2024, 03:10 PM)
just do it... random share still ok...
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U mean instead of apple share they will give other random share?
victorian
post Mar 17 2024, 05:09 PM

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QUOTE(ericlaiys @ Mar 17 2024, 02:33 PM)
too late
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wow are you working in moomoo?

hmm.gif sound so sure
tzxsean
post Mar 17 2024, 05:35 PM

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QUOTE(MakNok @ Mar 17 2024, 08:10 AM)
NVidia...Nvidia...
GrAB stock is utterly useless.
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nvidia much more expensive lol
ericlaiys
post Mar 17 2024, 06:53 PM

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QUOTE(victorian @ Mar 17 2024, 05:09 PM)
wow are you working in moomoo?

hmm.gif sound so sure
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u read previous post. apple share valid till 31 march. so u need 30 days countdown. My countdown left 12 days.
it is First come, first serve. even i also dont hope much as 3 days sign up, already got 10k people registered. U can hope now but dont later make noise when dont get it

This post has been edited by ericlaiys: Mar 17 2024, 06:55 PM
lola88
post Mar 17 2024, 10:38 PM

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QUOTE(Yluxion @ Mar 7 2024, 05:20 PM)
Under Moomoo Malaysia, it's called Universal Account (MYR & USD under the same account number). Unsure about USD holding limit though.

As far as I know you can't deposit USD into the account, all the fundings have to be MYR. Same goes to withdrawals.
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Which means each time we buy stocks, we would
Hv to convert MYR deposited into USD which will incur some fees that is higher than Wise right?
Is there any method to manually deposit USD into MooMoo since they charge high fees fr conversion.


ericlaiys
post Mar 17 2024, 10:56 PM

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QUOTE(lola88 @ Mar 17 2024, 10:38 PM)
Which means each time we buy stocks, we would
Hv to convert MYR deposited into USD which will incur some fees that is higher than Wise right?
Is there any method to manually deposit USD into MooMoo since they charge high fees fr conversion.
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no
Medufsaid
post Mar 17 2024, 10:56 PM

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QUOTE(lola88 @ Mar 17 2024, 10:38 PM)
Hv to convert MYR deposited into USD which will incur some fees that is higher than Wise right?
Is there any method to manually deposit USD into MooMoo since they charge high fees fr conversion.
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no, Moomoo MYRUSD conversion is cheaper than Wise. however, each time you make a trade you need to pay 0.1% malaysian stamp duty. better to just open IBKR acct and fund your acct with USD using Wise.

if you have sg PR, you can open sg Moomoo and deposit USD straight

user posted image

This post has been edited by Medufsaid: Mar 17 2024, 11:03 PM

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