Welcome Guest ( Log In | Register )

Bump Topic Add Reply RSS Feed
11 Pages < 1 2 3 4 5 > » Bottom

Outline · [ Standard ] · Linear+

 Moomoo trading platform review

views
     
Medufsaid
post Mar 7 2024, 04:11 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
veloos much easier if u pump in that amount to his account, then reap the rewards of 2 $AAPL shares

or of cos, u ask Moomoo if anything can be done
Medufsaid
post Mar 8 2024, 10:58 AM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
prophetjul https://www.moomoo.com/my/pricing?global_co...e_id%22%3A31%7D
QUOTE
Fees comparison

user posted image

user posted image
*
Medufsaid
post Mar 8 2024, 11:07 AM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
prophetjul open Moomoo SG, only if you are singaporean / PR
QUOTE(prophetjul @ Mar 8 2024, 11:02 AM)
How do you deposit the USD into MOO?
*
he's using wise MYRUSD rates as guideline, impossible for malaysians to direct deposit USD

This post has been edited by Medufsaid: Mar 8 2024, 11:10 AM
Medufsaid
post Mar 8 2024, 03:27 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
Yaowarat moo moo cheaper than MIDF
Medufsaid
post Mar 11 2024, 03:36 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
no one disagrees that it's limited. just wish moomoo will tell us how many shares remaining
Medufsaid
post Mar 17 2024, 10:36 AM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
MasterConfucion
QUOTE
Fees comparison

user posted image

user posted image
*
Medufsaid
post Mar 17 2024, 11:21 AM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
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
Medufsaid
post Mar 17 2024, 12:12 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
QUOTE(thecurious @ Mar 17 2024, 11:46 AM)
What about weekdays after Malaysian working hours?
Is it also 0.8%?
*
our ringgit not actively traded after office hours so the fees are higher
Medufsaid
post Mar 17 2024, 10:56 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
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.
*
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
Medufsaid
post Mar 18 2024, 12:58 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
ronnie no. commission is commission. platform is platform. for moomoo SG, it's commission free forever. however there's a platform fee
QUOTE(Medufsaid @ Mar 2 2024, 10:52 AM)
it's better to have a moomoo SG account

user posted image
*
user posted image

This post has been edited by Medufsaid: Mar 18 2024, 01:02 PM
Medufsaid
post Mar 18 2024, 01:06 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
adam1190
  1. i don't use wise to fund IBKR. i'm using moneymatch that offers same rate as Moomoo. i'm using Wise to illustrate how even using an expensive remittance company is still the smarter choice in the long run
  2. $21101.09 translate to RM99565.49. that's RM100/U$21.19 in stamp duty. you buy once, sell once. then buy something else, you just paid U$63.57 in stamp duty
    QUOTE(Medufsaid @ Mar 2 2024, 11:35 AM)
    you do 2 round trips (buy-sell-buy-sell) can recover that costs (thanks to Moomoo MY madani 0.1% tax)
    *
with good conscience, i cannot recommend moomoo Malaysia to ppl based on fees alone. unless you really only buy one ETF and hold them for years till you retire. and your investment strategy never ever changes

This post has been edited by Medufsaid: Mar 18 2024, 08:43 PM
Medufsaid
post Mar 19 2024, 05:56 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
sellery2 it's 0.001. Or 0.1%

I hope you just started investing only. If you can't do math then...
Medufsaid
post Mar 20 2024, 12:50 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
QUOTE(jhleo1 @ Mar 20 2024, 12:12 PM)
Where to check the charge info for after 6 months?
*
you can always check before you buy/sell. notice that line that says "Comission"

user posted image
Medufsaid
post Mar 21 2024, 06:45 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
better register with IBKR while you can. you may never know if one day they set up shop in Malaysia.

you'll be barred from opening IBKR LLC acct, then forced to open IBKR M'sia acct with stamp duty required

This post has been edited by Medufsaid: Mar 21 2024, 06:46 PM
Medufsaid
post Mar 24 2024, 05:42 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
QUOTE(danielxia @ Mar 24 2024, 05:34 PM)
I mean on Desktop Platform. Not Mobile.
*
how did u signup for moomoo? face verification through PC browser + webcam?
Medufsaid
post Mar 25 2024, 07:51 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
GG i realise Friday is NYSE off day. and my AAPL is due on friday. do i get the shares by 8pm friday? tongue.gif
4 days 47 mins left

This post has been edited by Medufsaid: Mar 25 2024, 07:52 PM
Medufsaid
post Mar 26 2024, 01:57 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
QUOTE(fuddle_duddle @ Mar 26 2024, 01:43 PM)
SGD100K need to keep for how long there?
*
90 days

user posted image
https://www.moomoo.com/sg/support/topic5_128
Medufsaid
post Mar 26 2024, 02:21 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
QUOTE(miuk @ Mar 26 2024, 02:17 PM)
Do I need to convert to USD first or I can start buying under the trade section?
*
convert here during office hours. only let them auto-convert if you want to pay extra fees

user posted image
Medufsaid
post Mar 26 2024, 03:29 PM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
(2021)
QUOTE
kinda confused, is the third condition valid or otherwise ?
Updated as of 29th Mar 2021 (0000hrs SGT) 

In the event when the first 10,000 AAPL shares have been fully redeemed, new customers who have successfully opened a FUTU SG securities account from 8th March 2021 to 30th Apr(1500hrs SGT) 2021 can still enjoy 1 Free AAPL share when they fulfil all of the following conditions,

Condition (i):  Successfully open a FUTU SG Securities account between 8th March 2021,00:00hrs SGT and 30th April 2021,15:00hrs SGT (hereinafter referred to as "activity time");

Condition (ii):  Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 or more before (1500hrs SGT) on 30th April 2021;

Condition (iii): Successfully complete 3 trades^ within 45 days from the day the FUTU SG Securities account is successfully opened.
*
looking back at the old SG promo, at least they have clear cut conditions
Medufsaid
post Mar 27 2024, 08:18 AM

Look at all my stars!!
*******
Senior Member
3,493 posts

Joined: Jan 2003
Also it's not a big deal if you get many grab shares and not one grab @ $3.xx.

So what did he get?
« Next Oldest · Finance, Business and Investment House · Next Newest »
 

11 Pages < 1 2 3 4 5 > » Top
Add ReplyOptions
 

Change to:
| Lo-Fi Version
 0.0438sec    0.56    7 queries    GZIP Disabled
Time is now: 11th December 2025 - 05:07 PM
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Removal Request
Powered by Invision Power Board © 2025  IPS, Inc.