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 Moomoo trading platform review

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talexeh
post Mar 1 2024, 10:14 PM

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QUOTE(Medufsaid @ Mar 1 2024, 09:16 PM)
talexeh login to moomoo MY in your web browser, navigate to https://promo.moomoo.com/mprize see if you can activate or something
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Thanks, I just reopened the app & noticed that the bar has finally hit the AAPL share level.

QUOTE(vanitas @ Mar 1 2024, 09:22 PM)
Asked support before, wait up to one business day then you may click claim after deposit.
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I've got it, guess one will have to wait an hour or two before the reward is granted.

QUOTE(ericlaiys @ Mar 1 2024, 09:59 PM)
u should deposit 500 first...claim that one and deposit 8k.
that how i do it. tiering level
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Nah, that's not required.
BrightDays
post Mar 1 2024, 11:17 PM

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Guys, any idea if existing Moomoo MY users can register for a Moomoo SG account?

This post has been edited by BrightDays: Mar 1 2024, 11:19 PM
Medufsaid
post Mar 1 2024, 11:48 PM

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BrightDays u can try but very hard
QUOTE(abcn1n @ Oct 17 2023, 07:05 PM)
QUOTE(veloos @ Oct 15 2023, 11:52 PM)
Guys, I tried to register moomoo SG account and it went well until phone verification stage where required to input SG phone number
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No point having Sg phone number. Because if you are a Malaysian resident, moomoo will not allow it even if you have a Sg phone number
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genesic
post Mar 1 2024, 11:58 PM

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guys, why i am not eligible for the welcome reward. i do have moomoo sg but now want to open moo moo my.

user posted image
ben3003
post Mar 2 2024, 12:00 AM

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QUOTE(genesic @ Mar 1 2024, 11:58 PM)
guys, why i am not eligible for the welcome reward. i do have moomoo sg but now want to open moo moo my.

user posted image
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U in sg? Need malaysia IP if not mistaken. There already write for malaysian

This post has been edited by ben3003: Mar 2 2024, 12:03 AM
genesic
post Mar 2 2024, 12:07 AM

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QUOTE(ben3003 @ Mar 2 2024, 01:00 AM)
U in sg? Need malaysia IP if not mistaken. There already write for malaysian
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but i am in Malaysia and just opened account today using my IC.
after i deposit 6k, it shows me that picture says i am not eligible. sad.gif
timeekit
post Mar 2 2024, 12:40 AM

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QUOTE(genesic @ Mar 2 2024, 12:07 AM)
but i am in Malaysia and just opened account today using my IC.
after i deposit 6k, it shows me that picture says i am not eligible. sad.gif
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Likely because you already join the "Team Buddy Event"
The picture you took is for the solo welcome reward

Try to go back to the Team event link, and you should see your profile there + your buddy
Or just confirm with customer service.
ben3003
post Mar 2 2024, 05:43 AM

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QUOTE(genesic @ Mar 2 2024, 12:07 AM)
but i am in Malaysia and just opened account today using my IC.
after i deposit 6k, it shows me that picture says i am not eligible. sad.gif
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Are u on vpn? I just found out as im currently in brunei, if i didnt use malaysia IP via vpn, i cannot see the welcome rewards, but after i switch to malaysia IP, then can see it at promotion as well as the group.

And yeah if u existing moomoo sg holder, u need to do team event, not solo

This post has been edited by ben3003: Mar 2 2024, 05:44 AM
Medufsaid
post Mar 2 2024, 10:52 AM

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QUOTE(Medufsaid @ Feb 26 2024, 11:33 PM)
That "stamp duty" that u gotta pay
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wow i calculated & verfied in moomoo app. so if i buy US10k, my commission charged will be $12 (promo) or $15 (normal pricing). $10 goes to Madani laugh.gif laugh.gif

it's better to have a moomoo SG account

user posted image

This post has been edited by Medufsaid: Mar 2 2024, 11:26 AM
!@#$%^
post Mar 2 2024, 11:22 AM

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QUOTE(ben3003 @ Mar 2 2024, 05:43 AM)
Are u on vpn? I just found out as im currently in brunei, if i didnt use malaysia IP via vpn, i cannot see the welcome rewards, but after i switch to malaysia IP, then can see it at promotion as well as the group.

And yeah if u existing moomoo sg holder, u need to do team event, not solo
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not true. i had moomoo sg and did the solo event. but u need to do it via website rather than app.
ben3003
post Mar 2 2024, 11:29 AM

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QUOTE(Medufsaid @ Mar 2 2024, 10:52 AM)
wow i calculated & verfied in moomoo app. so if i buy US10k, my commission charged will be $12 (promo) or $15 (normal pricing). $10 goes to Madani  laugh.gif  laugh.gif

it's better to have a moomoo SG account

user posted image
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if SG got conversion rate u need take into acc. of coz if u earn SGD different story.
Medufsaid
post Mar 2 2024, 11:35 AM

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even if it costs additional 0.4% for double conversion of MYR-SGD-USD (I have IBKR so I won't be using Moomoo at all), you do 2 round trips (buy-sell-buy-sell) can recover that costs (thanks to Moomoo MY madani 0.1% tax)

(of cos, malaysians cannot open Moomoo SG anymore)

This post has been edited by Medufsaid: Mar 2 2024, 11:39 AM
SUSipohps3
post Mar 2 2024, 11:52 AM

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QUOTE(Medufsaid @ Mar 2 2024, 10:52 AM)
wow i calculated & verfied in moomoo app. so if i buy US10k, my commission charged will be $12 (promo) or $15 (normal pricing). $10 goes to Madani  laugh.gif  laugh.gif

it's better to have a moomoo SG account

user posted image
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can explain how this work?
Medufsaid
post Mar 2 2024, 11:56 AM

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ipohps3 for every RM1000 that you trade, you have to pay RM1 malaysian stamp duty.

so $10k = RM47,450, you have to pay RM48 (round up to nearest RM1000) aka $10.11 in stamp duty

This post has been edited by Medufsaid: Mar 2 2024, 12:09 PM
BrightDays
post Mar 2 2024, 12:11 PM

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[quote=Medufsaid,Mar 1 2024, 11:48 PM]
BrightDays u can try but very hard
No point having Sg phone number. Because if you are a Malaysian resident, moomoo will not allow it even if you have a Sg phone number
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[/quote]
*

[/quote]

Aiayhh, so mafan, nvm la then... thanks yahhhh

[quote=Medufsaid,Mar 2 2024, 11:56 AM]
ipohps3 for every RM1000 that you trade, you have to pay RM1 malaysian stamp duty.

so $10k = RM47,450, you have to pay RM48 (round up to nearest RM1000) aka $10.11 in stamp duty
*

[/quote]

I believe this applies to all the SC-regulated brokers right ?

This post has been edited by BrightDays: Mar 2 2024, 12:12 PM
ben3003
post Mar 2 2024, 12:36 PM

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QUOTE(ericlaiys @ Mar 1 2024, 09:59 PM)
u should deposit 500 first...claim that one and deposit 8k.
that how i do it. tiering level
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deposit 500 then 7500 enuf le
ericlaiys
post Mar 2 2024, 12:38 PM

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QUOTE(ben3003 @ Mar 2 2024, 12:36 PM)
deposit 500 then 7500 enuf le
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yes can. for me i dont care much as 6 month free commission for US and MY stock. So will be using it for trading purpose. therefore sure need to pump more than 8k.
compare to bank share trading and rakuten - moomoo is the cheapest.
now the doubt is now got 10K user registered. mean 1.8m pay out for apple share. [this is current] and keep growing. Sure got a limit of how many people will get


This post has been edited by ericlaiys: Mar 2 2024, 12:41 PM
ben3003
post Mar 2 2024, 12:43 PM

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QUOTE(ericlaiys @ Mar 2 2024, 12:38 PM)
yes can. for me i dont care much as 6 month free commission for US and MY stock. So will be using it for trading purpose. therefore sure need to pump more than 8k.
compare to bank share trading and rakuten - moomoo is the cheapest.
now the doubt is now got 10K user registered. mean 1.8m pay out for apple share. [this is current] and keep growing. Sure got a limit of how many people will get
*
They shud have alot apple share bought in hand lol. Sg moomoo also give out apple last time, but if not mistaken is 8 or 10k sgd..

They billion dollar company, this is kuaci miao for them.

This post has been edited by ben3003: Mar 2 2024, 12:44 PM
ikanbilis
post Mar 2 2024, 01:05 PM

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QUOTE(ben3003 @ Mar 2 2024, 12:43 PM)
They shud have alot apple share bought in hand lol. Sg moomoo also give out apple last time, but if not mistaken is 8 or 10k sgd..

They billion dollar company, this is kuaci miao for them.
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Last time i bank in around sgd2700 to get the free aapl share from moomoo sg.
ben3003
post Mar 2 2024, 01:08 PM

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QUOTE(ikanbilis @ Mar 2 2024, 01:05 PM)
Last time i bank in around sgd2700 to get the free aapl share from moomoo sg.
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good promo, my time only get sea share 😅

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