Moomoo trading platform review
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 Sep 1 2024, 09:59 PM
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#161
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Senior Member
3,495 posts Joined: Jan 2003 
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adam1190 my "yup" was for the last statement. interpret it this way 👇 QUOTE(Medufsaid @ Sep 1 2024, 09:33 PM) QUOTE(adam1190 @ Sep 1 2024, 09:29 PM) Quite ironic they allow deposit via wise but cannot do withdrawal back to wise adam1190 yup anyway, moneymatch cannot directly deposit into Moomoo SG This post has been edited by Medufsaid: Sep 1 2024, 10:00 PM adam1190 liked this post
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Sep 2 2024, 08:42 AM
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#162
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Senior Member
3,495 posts Joined: Jan 2003
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QUOTE(adam1190 @ Sep 2 2024, 12:12 AM) Does it mean that moomoo Singapore can accept both USD and SGD yes, however you hit the same roadblock when withdrawing USD. Do you have a dbs sg account? QUOTE(Medufsaid @ Jun 5 2024, 01:21 AM) if you have a DBS multicurrency account, withdrawal is free as Moomoo SG uses DBS adam1190 liked this post
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Sep 2 2024, 04:25 PM
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#163
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Senior Member
3,495 posts Joined: Jan 2003
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QUOTE(adam1190 @ Sep 2 2024, 02:49 PM) Does anyone know if it is cheaper to fund using direct wise transfer from MYR-USD cheaper to send USD to Moomoo SG via Wise. how do you plan to withdraw? you already have an IBKR acct, why not create a sg bank acct? |
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Sep 10 2024, 12:24 PM
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#164
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Senior Member
3,495 posts Joined: Jan 2003
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ccschua rize 3.8% is still higher than cashplus. can be liquidated instantly
Unless if you are thinking of the USD cash plus This post has been edited by Medufsaid: Sep 10 2024, 12:50 PM |
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Sep 17 2024, 10:08 AM
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#165
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Senior Member
3,495 posts Joined: Jan 2003
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terriblyrawtea
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Sep 17 2024, 02:09 PM
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#166
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Senior Member
3,495 posts Joined: Jan 2003
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QUOTE(Gabriel03 @ Sep 17 2024, 01:33 PM) I want to clarify if two buy trades at fractional share qualifies? the "buy trade" doesn't explicitly exclude cash plus products, so perhaps subscribing to cash plus will qualify. that's how i qualified for this promo below 👇QUOTE(Medufsaid @ Apr 23 2024, 10:59 PM)  QUOTE(Medufsaid @ Aug 23 2024, 09:04 PM)  |
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Sep 18 2024, 10:32 AM
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#167
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Senior Member
3,495 posts Joined: Jan 2003
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QUOTE(TOS @ Sep 17 2024, 10:01 PM) For the first option, you mean Moomoo SG or Moomoo MY? keyword here is buy and really just hold for 10 years (how many will actually do nothing for 10 years? You might not even live in the same place 10 years later) It's cheaper because... the fees are cheaper (I believe platform fee is 1 USD right? and funding wise Moomoo will earn from the FX spread as well if you convert from MYR to USD, no?) Converting to USD inside moomoo is slightly cheaper than using Wise to send USD to ibkr This post has been edited by Medufsaid: Sep 18 2024, 10:34 AM lola88, terriblyrawtea, and 1 other liked this post
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Sep 18 2024, 03:10 PM
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#168
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Senior Member
3,495 posts Joined: Jan 2003
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terriblyrawtea if you convert using wise it's expensive. if you use moneymatch to send money to SG banks, cheaper terriblyrawtea liked this post
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Sep 19 2024, 06:04 PM
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#169
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Senior Member
3,495 posts Joined: Jan 2003
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Khabib Nurmagomedov i experienced this after MPlus... but perhaps it's not limited to just one broker, maybe all affected
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Sep 20 2024, 10:27 AM
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#170
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Senior Member
3,495 posts Joined: Jan 2003
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QUOTE(Mattrock @ Sep 19 2024, 08:12 PM) Bro, when you say 'Converting to USD inside moomoo...', is this moomoo SG you referring to? From what currency is this conversion to USD? From SGD to USD? If so, wouldn't one have to convert MYR to SGD first? So, in effect convert twice? Mattrock and terriblyrawtea liked this post
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Sep 20 2024, 11:56 AM
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#171
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Senior Member
3,495 posts Joined: Jan 2003
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Mattrock you can actually send USD from Wise straight to Moomoo SG. but take note, not possible to withdraw back to Wise
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Sep 20 2024, 03:03 PM
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#172
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Senior Member
3,495 posts Joined: Jan 2003
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let me give u a quote
QUOTE Moomoo making investing more accessible is good but also means more ppl can lose money cos they dunno anything and went in blind That means more money for ppl who knw cos stock market is a zero sum gain but hey it is what is it, even if I stand to benefit frm the ignorance |
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Sep 25 2024, 09:06 AM
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#173
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Senior Member
3,495 posts Joined: Jan 2003
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Mattrock if you have margin account u can borrow from Moomoo first.
I had negative balance before in IBKR, the interest is 6.8% / 360 days = 0.018889% daily. buy tonight and change the next morning. Small change if USD really laosai daily. |
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Oct 8 2024, 09:40 PM
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#174
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Senior Member
3,495 posts Joined: Jan 2003
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cweng93 Moomoo MY yes. even if you receive email saying it's completed, please wait a few hours more
this doesn't happen to Moomoo SG. complete means complete |
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Oct 9 2024, 01:35 PM
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#175
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Senior Member
3,495 posts Joined: Jan 2003
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QUOTE(Medufsaid @ Apr 21 2024, 08:01 AM)
This post has been edited by Medufsaid: Oct 9 2024, 01:46 PM |
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Oct 9 2024, 02:46 PM
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#176
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Senior Member
3,495 posts Joined: Jan 2003
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--deleted--
This post has been edited by Medufsaid: Oct 9 2024, 02:46 PM |
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Oct 10 2024, 05:34 PM
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#177
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Senior Member
3,495 posts Joined: Jan 2003
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Sunshape find in the mobile app
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Oct 13 2024, 08:05 AM
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#178
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Senior Member
3,495 posts Joined: Jan 2003
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datolee32 wrong QUOTE Withdrawal Currencies https://www.moomoo.com/sg/support/topic5_815You can withdraw SGD, HKD, and USD from your Moomoo SG universal account to an external bank account. datolee32 liked this post
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Oct 21 2024, 11:30 PM
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#179
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Senior Member
3,495 posts Joined: Jan 2003
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  moomoo MY new transfer-in promo https://www.moomoo.com/my/support/topic9_328 This post has been edited by Medufsaid: Oct 21 2024, 11:34 PM |
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Oct 22 2024, 04:13 PM
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#180
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Senior Member
3,495 posts Joined: Jan 2003
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ragk us govt will charge 30% tax on dividend. Moomoo MY won't charge anything
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