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 Moomoo trading platform review

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ChiaW3n
post Jun 2 2021, 11:57 AM

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QUOTE(edwin1002 @ Apr 21 2021, 07:55 PM)
My passport was expired can't apply it. haiz.
*
Same here. Passport expired cannot apply
gooroojee
post Jun 2 2021, 12:23 PM

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Another promotion:

Transfer any stock to Moomoo account (e.g. from Tiger), and get SGD50 cash coupon.
honsiong
post Jun 7 2021, 11:10 AM

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QUOTE(gooroojee @ Jun 2 2021, 12:23 PM)
Another promotion:

Transfer any stock to Moomoo account (e.g. from Tiger), and get SGD50 cash coupon.
*
Tiger doesn't seem to allow stock transfers out. I had to sell them first, convert to SGD, withdraw, deposit SGD again, incur 2x forex losses (about 0.6%).
pwf
post Jun 7 2021, 11:32 AM

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anyone got referral code?
heata
post Jun 7 2021, 07:12 PM

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QUOTE(pwf @ Jun 7 2021, 11:32 AM)
anyone got referral code?
*
Just sent u a pm. Tq
Barricade
post Jun 7 2021, 09:53 PM

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Even deposit at this hour, funds is reflected instantly. Damn i'm impressed.

This post has been edited by Barricade: Jun 7 2021, 10:05 PM
HenryJay
post Jun 9 2021, 11:12 AM

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QUOTE(gooroojee @ Jun 2 2021, 12:23 PM)
Another promotion:

Transfer any stock to Moomoo account (e.g. from Tiger), and get SGD50 cash coupon.
*
ya, but tiger would charge the fee 100USD per USD stock. not worth it if your position is low

https://www.tigerbrokers.com.sg/help/detail...es-transfer-out

QUOTE(honsiong @ Jun 7 2021, 11:10 AM)
Tiger doesn't seem to allow stock transfers out. I had to sell them first, convert to SGD, withdraw, deposit SGD again, incur 2x forex losses (about 0.6%).
*
Tiger is allowed the transfer out but it has quite a significant fee

This post has been edited by HenryJay: Jun 9 2021, 11:13 AM


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gooroojee
post Jun 9 2021, 07:01 PM

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QUOTE(HenryJay @ Jun 9 2021, 11:12 AM)
ya, but tiger would charge the fee 100USD per USD stock. not worth it if your position is low

https://www.tigerbrokers.com.sg/help/detail...es-transfer-out
Tiger is allowed the transfer out but it has quite a significant fee
*
How about other brokerages, like Morgan Stanley?
SUSTOS
post Jun 9 2021, 08:12 PM

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QUOTE(HenryJay @ Jun 9 2021, 11:12 AM)
ya, but tiger would charge the fee 100USD per USD stock. not worth it if your position is low

https://www.tigerbrokers.com.sg/help/detail...es-transfer-out
Tiger is allowed the transfer out but it has quite a significant fee
*
What about transfer out stock from Moomoo? I don't see anything about transfer out positions from Moomoo. Only a bunch of articles on transfer in positions.

https://support.futusg.com/en-us

Can anyone share if the transfer out feature is available?
Mr.Weezy
post Jun 10 2021, 12:36 PM

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Offer Rewards for Completing Initial Deposits and Unlocking Level 1 Trading Badge or Completing 5 Trades
As of 1st Jun 2021, (0000hrs SGT ) new customers who have successfully opened a Futu SG securities account from 1st Jun 2021 to 30th Jun 2021 (2000hrs SGT) can enjoy 1 Free AAPL share when they fulfil all of the following conditions,

Condition (i): Successfully open a FUTU SG Securities account between 1st Jun 2021, 0000hrs SGT and 30th Jun 2021, 2000hrs SGT (hereinafter referred to as "activity time");

Condition (ii): Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 within 30 days from account opening;

Condition (iii): Successfully unlocked the Level 1 Trading Badge or completed 5 successful trades

---------------------------------------------------------

Regarding the 3rd condition, is successful trade meaning any buy/sell of shares?

If I buy a share and sell it immediately, is it considered as 1 trade or 2 trades?

QUOTE
1.This offer is only valid for new customers with Singapore residential addresses, are at least 18 years of age, and have a valid Singapore bank account in their own name. We are currently limiting sign-ups to a limited group of nationality. Please click on the drop-down box during your account opening to see if your nationality is available on the list.


I also saw this quoted T&C, does this mean we Malaysians can't benefit from the free AAPL share anymore?

This post has been edited by Mr.Weezy: Jun 10 2021, 01:07 PM
Fortezan
post Jun 10 2021, 02:25 PM

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QUOTE(Mr.Weezy @ Jun 10 2021, 12:36 PM)
Offer Rewards for Completing Initial Deposits and Unlocking Level 1 Trading Badge or Completing 5 Trades
As of 1st Jun 2021, (0000hrs SGT ) new customers who have successfully opened a Futu SG securities account from 1st Jun 2021 to 30th Jun 2021 (2000hrs SGT) can enjoy 1 Free AAPL share when they fulfil all of the following conditions,

Condition (i):  Successfully open a FUTU SG Securities account between 1st Jun 2021, 0000hrs SGT and 30th Jun 2021, 2000hrs SGT (hereinafter referred to as "activity time");

Condition (ii):  Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 within 30 days from account opening;

Condition (iii): Successfully unlocked the Level 1 Trading Badge or completed 5 successful trades

---------------------------------------------------------

Regarding the 3rd condition, is successful trade meaning any buy/sell of shares?

If I buy a share and sell it immediately, is it considered as 1 trade or 2 trades?
I also saw this quoted T&C, does this mean we Malaysians can't benefit from the free AAPL share anymore?
*
Seems like getting more and more difficult to get the free apple share
gooroojee
post Jun 10 2021, 03:04 PM

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QUOTE(Mr.Weezy @ Jun 10 2021, 12:36 PM)
Offer Rewards for Completing Initial Deposits and Unlocking Level 1 Trading Badge or Completing 5 Trades
As of 1st Jun 2021, (0000hrs SGT ) new customers who have successfully opened a Futu SG securities account from 1st Jun 2021 to 30th Jun 2021 (2000hrs SGT) can enjoy 1 Free AAPL share when they fulfil all of the following conditions,

Condition (i):  Successfully open a FUTU SG Securities account between 1st Jun 2021, 0000hrs SGT and 30th Jun 2021, 2000hrs SGT (hereinafter referred to as "activity time");

Condition (ii):  Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 within 30 days from account opening;

Condition (iii): Successfully unlocked the Level 1 Trading Badge or completed 5 successful trades

---------------------------------------------------------

Regarding the 3rd condition, is successful trade meaning any buy/sell of shares?

If I buy a share and sell it immediately, is it considered as 1 trade or 2 trades?
I also saw this quoted T&C, does this mean we Malaysians can't benefit from the free AAPL share anymore?
*
Malaysians still can...

Mr.Weezy
post Jun 10 2021, 03:32 PM

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QUOTE(gooroojee @ Jun 10 2021, 03:04 PM)
Malaysians still can...
*
Did u receive any successful referrals for the month of June?

The T&C now clearly shows [Singapore] big big on the title, it's making me think twice to open.

user posted image
heata
post Jun 10 2021, 04:11 PM

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-double post-

This post has been edited by heata: Jun 10 2021, 04:12 PM
heata
post Jun 10 2021, 04:12 PM

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QUOTE(Mr.Weezy @ Jun 10 2021, 03:32 PM)
Did u receive any successful referrals for the month of June?

The T&C now clearly shows [Singapore] big big on the title, it's making me think twice to open.

user posted image
*
Hi. To answer you questions, i have looked thru past promotion TnC, https://support.futusg.com/en-us/topic166 (Mar-Apr) and also https://support.futusg.com/en-us/topic183 (May), the paragraph that you quoted are exactly the same in previous campaign. So my guess is.. should still work for Msian. But proceed at you own discretion ya.
gooroojee
post Jun 10 2021, 08:06 PM

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QUOTE(Mr.Weezy @ Jun 10 2021, 03:32 PM)
Did u receive any successful referrals for the month of June?

The T&C now clearly shows [Singapore] big big on the title, it's making me think twice to open.

user posted image
*
I've already answered but it's your choice not to sign up. smile.gif
Mr.Weezy
post Jun 11 2021, 09:49 AM

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user posted image

Just got the reassurance from their support

Thankfully !
heata
post Jun 14 2021, 03:20 PM

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Moomoo just up their game. Now new user get 1 free share of apple upon deposit of 2700 Sgd, and 1 free share of NIO upon 5 trades. That's 160+ USD already. https://support.futusg.com/en-us/topic128
SUSTOS
post Jun 14 2021, 03:46 PM

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QUOTE(heata @ Jun 14 2021, 03:20 PM)
Moomoo just up their game. Now new user get 1 free share of apple upon deposit of 2700 Sgd, and 1 free share of NIO upon 5 trades. That's 160+ USD already. https://support.futusg.com/en-us/topic128
*
My long-awaited question is now answered.

QUOTE
*Though trades are commission-free during the promotional periods, do take note that other fees may apply. Platform fees are charged on a per order basis to enable Futu to continue improving the user experience such as improving our technologies, providing free market data laugh.gif , and creating better analytical tools to improve our platform so that we can better serve our users.



Mr.Weezy
post Jun 14 2021, 06:42 PM

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QUOTE
Dear Sir/Madam,



Thanks for your email. Please be advised that Malaysian with Malaysia addresses is also eligible to these rewards.

Link for your easy reference on the promotion: https://support.futusg.com/en-us/topic128



As of 14th Jun 2021, (1200hrs SGT) new customers who have successfully opened a Futu SG securities account from 1st Jun 2021 (2000hrs SGT) to 30th Jun 2021 (2000hrs SGT) can enjoy 1 Free AAPL share when they fulfil all of the following conditions,

Condition (i):  Successfully open a FUTU SG Securities account between 1st Jun 2021, 2000hrs SGT and 30th Jun 2021, 2000hrs SGT (hereinafter referred to as "activity time");

Condition (ii):  Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 within 30 days from account opening;

after the two conditions are met, completed and when the funds are settled. Users will need to download the moomoo mobile app on either Apple App or Google Play store and log in to receive the rewards.



As of 14th Jun 2021, (1200hrs SGT) new customers who have successfully opened a Futu SG securities account from 1st Jun 2021 (2000hrs SGT) to 30th Jun 2021 (2000hrs SGT) can enjoy 1 Free NIO share when they fulfil all of the following conditions,

Condition (i):  Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 within 30 days from account opening;

Condition (ii): Successfully unlocked the Level 1 Trading Badge or completed 5 successful trades;

after the two conditions are met, completed and when the funds are settled. Users will need to download the moomoo mobile app on either Apple App or Google Play store and log in to receive the rewards.

Note that the 1 Free Nio Share reward will only be given out starting 18th June 2021 (2000hrs SGT).


wah, tryna rival Tiger ah? Good for consumers !

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