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 Moomoo trading platform review

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ah_Keng
post Mar 30 2024, 09:32 AM

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can someone help out a newbie pls?
planning to start invest in SG reit.

Plan is to start around RM50k, then every month top up around RM10k.
Just buy and park it there. No plan to trade unless got emergency

Is Moomoo the right platform for this?


Lancer07
post Mar 30 2024, 09:53 AM

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I still have 1 day to go for unlock.
ericlaiys
post Mar 30 2024, 10:26 AM

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QUOTE(Lancer07 @ Mar 30 2024, 09:53 AM)
I still have 1 day to go for unlock.
*
6h left
Barricade
post Mar 30 2024, 10:29 AM

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QUOTE(ah_Keng @ Mar 30 2024, 09:32 AM)
can someone help out a newbie pls?
planning to start invest in SG reit.

Plan is to start around RM50k, then every month top up around RM10k.
Just buy and park it there. No plan to trade unless got emergency

Is Moomoo the right platform for this?
*
No. You can’t buy SG REIT in moomoo Malaysia, at least for now.

I’m using Syfe for SG REIT but you need a Singapore bank account if not mistaken
ah_Keng
post Mar 30 2024, 11:43 AM

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QUOTE(Barricade @ Mar 30 2024, 10:29 AM)
No. You can’t buy SG REIT in moomoo Malaysia, at least for now.

I’m using Syfe for SG REIT but you need a Singapore bank account if not mistaken
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need sg bank account and cds right?
Haloperidol
post Mar 30 2024, 03:23 PM

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QUOTE(Barricade @ Mar 30 2024, 10:29 AM)
No. You can’t buy SG REIT in moomoo Malaysia, at least for now.

I’m using Syfe for SG REIT but you need a Singapore bank account if not mistaken
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Woah, i opened Moomoo just to buy SG REIT
We cannot buy SG REIT ahh ... damn son.
ericlaiys
post Mar 30 2024, 04:03 PM

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apple claimed!
ronnie
post Mar 30 2024, 04:14 PM

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QUOTE(ericlaiys @ Mar 30 2024, 04:03 PM)
apple claimed!
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congratulations !!!
Can you sell it ? or still need to wait ?
andrewleewaikeong
post Mar 30 2024, 04:27 PM

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QUOTE(ericlaiys @ Mar 30 2024, 04:03 PM)
apple claimed!
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How's your looks like ? Inside asset ?
Medufsaid
post Mar 30 2024, 04:35 PM

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--deleted--

This post has been edited by Medufsaid: Mar 30 2024, 04:53 PM
ericlaiys
post Mar 30 2024, 05:04 PM

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QUOTE(ronnie @ Mar 30 2024, 04:14 PM)
congratulations !!!
Can you sell it ? or still need to wait ?
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QUOTE(andrewleewaikeong @ Mar 30 2024, 04:27 PM)
How's your looks like ? Inside asset ?
*
processing 1-5 days. Today stock market close, let wait till next friday
jutamind
post Mar 30 2024, 05:22 PM

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QUOTE(anakMY @ Mar 29 2024, 05:18 PM)
user posted image

Mine ended today, status processing.
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Mine ended Mar 29 but I still see the Unlock button. When I click this Unlock button, I see a message saying "if there is no withdrawal activity within 30 days ....."

Any idea why the share is not auto unlocked?

jutamind
post Mar 30 2024, 05:24 PM

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Actually I don't understand why all these ebrokers don't allow trading of SGX shares perhaps with exception of FSMOne as far as I can recall

QUOTE(Haloperidol @ Mar 30 2024, 03:23 PM)
Woah, i opened Moomoo just to buy SG REIT
We cannot buy SG REIT ahh ... damn son.
*
ericlaiys
post Mar 30 2024, 05:28 PM

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QUOTE(jutamind @ Mar 30 2024, 05:24 PM)
Actually I don't understand why all these ebrokers don't allow trading of SGX shares perhaps with exception of FSMOne as far as I can recall
*
need to get license to trade other country
Ramjade
post Mar 30 2024, 05:33 PM

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QUOTE(jutamind @ Mar 30 2024, 05:24 PM)
Actually I don't understand why all these ebrokers don't allow trading of SGX shares perhaps with exception of FSMOne as far as I can recall
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Possible bnm try to support Malaysian market. They cannot ban US market or less later unker Sam come and find fault. But other country fair game.
jutamind
post Mar 30 2024, 05:55 PM

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QUOTE(ericlaiys @ Mar 30 2024, 05:28 PM)
need to get license to trade other country
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If the ebroker can get license for US or HK trading, why not SG trading?

QUOTE(Ramjade @ Mar 30 2024, 05:33 PM)
Possible bnm try to support Malaysian market. They cannot ban US market or less later unker Sam come and find fault. But other country fair game.
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If want to protect Bursa, then don't allow any foreign trading at all.

Anyway, just wondering why SGX is always omitted for all these new Malaysian based ebrokers

Ramjade
post Mar 30 2024, 06:01 PM

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QUOTE(jutamind @ Mar 30 2024, 05:55 PM)
If the ebroker can get license for US or HK trading, why not SG trading?
If want to protect Bursa, then don't allow any foreign trading at all.

Anyway, just wondering why SGX is always omitted for all these new Malaysian based ebrokers
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Either that or Singapore govt side trying to make sure people use local brokerage. Singapore side can also be protective
thecurious
post Mar 30 2024, 06:01 PM

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QUOTE(jutamind @ Mar 30 2024, 05:22 PM)
Mine ended Mar 29 but I still see the Unlock button. When I click this Unlock button, I see a message saying "if there is no withdrawal activity within 30 days ....."

Any idea why the share is not auto unlocked?
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You are checking from the unlock page, it shows the message for maintaining net asset value of 8,000. If you go to your "My Rewards" page then you will see the same message that the other person posted.

This post has been edited by thecurious: Mar 30 2024, 06:02 PM
andrewleewaikeong
post Mar 30 2024, 07:40 PM

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Mine sent me notification today. Hooray


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Barricade
post Mar 30 2024, 07:46 PM

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QUOTE(andrewleewaikeong @ Mar 30 2024, 07:40 PM)
Mine sent me notification today.  Hooray
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user posted image

Mine still like this. Yours also valid until 30th March?

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