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 Moomoo trading platform review

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ye0073
post Mar 7 2024, 12:45 PM

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QUOTE(lowyat101 @ Mar 7 2024, 12:35 PM)
meaning we need to convert the amount inside the account to USD first then only can buy US shares?

or it will auto convert when buying?

thanks
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From the timeline, I guess it is auto convert.

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sjz
post Mar 7 2024, 01:13 PM

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QUOTE(LoTek @ Mar 7 2024, 12:36 PM)
Can confirm, completed the 1 week grab voucher tasks but nowhere to claim.
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everyone here is not getting the Grab RM50 voucher as well.
they claim 1st come 1st serve.

so now its depleted already doh.gif doh.gif doh.gif
lowyat101
post Mar 7 2024, 02:02 PM

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QUOTE(ye0073 @ Mar 7 2024, 12:45 PM)
From the timeline, I guess it is auto convert.

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ya looks like it. but the amount was only deducted 11 hours after the purchase, is this normal?

Ziet Inv
post Mar 7 2024, 02:29 PM

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Just successfully claimed my Apple share biggrin.gif

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jenern84
post Mar 7 2024, 02:50 PM

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QUOTE(beLIEve @ Mar 7 2024, 09:21 AM)
Stock market is meant for speculation no?

The $50 Grab voucher timer still running but already finished. T&C clearly states "MAY" give AAPL share, not "WiLL" give AAPL share.
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Somebody shared earlier that the apple share will be capped at 9 million. There are more than 10k new users in 1st few days. So, it's going to be 1st come 1st serve again!
Barricade
post Mar 7 2024, 02:52 PM

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QUOTE(jenern84 @ Mar 7 2024, 02:50 PM)
Somebody shared earlier that the apple share will be capped at 9 million. There are more than 10k new users in 1st few days. So, it's going to be 1st come 1st serve again!
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Who shared? Is it stated in T&C?
Medufsaid
post Mar 7 2024, 02:56 PM

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jenern84 are u referring to this?
QUOTE(Barricade @ Mar 1 2024, 01:18 PM)
Based on their instagram post.... already 10,000 signup for the first 3 days. That's RM9mil worth of Apple Shares. Just a matter of time before reward ran out.
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laihuhng
post Mar 7 2024, 03:07 PM

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QUOTE(Ziet Inv @ Mar 7 2024, 02:29 PM)
Just successfully claimed my Apple share  biggrin.gif
I have deposited the required amount and it's already appeared in my account. May I know where should I go/click to redeem the Apple share? Thanks.

dwRK
post Mar 7 2024, 03:16 PM

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8000 * 5.15% / 12 / 4.7 = $7.3

any other stock less than above value... you rugi... lol...

sjz
post Mar 7 2024, 03:21 PM

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QUOTE(Barricade @ Mar 7 2024, 02:52 PM)
Who shared? Is it stated in T&C?
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i think someone shares the t&c before revising, its 2000 first come first serve.

but they had revised the t&c now to remove the clause.

who knows will it be another revisions?

they had told u they hav every rights to revise the t&c

amend these Campaign/Promotion Terms and Conditions at any time without prior notice to you, and (ii) change, withdraw or terminate any offer or reward without disclosing the reason and without making compensation or remuneration.



this is the current t&c

Reward 3: An Apple share.

Task:

To be eligible for the free Apple share, you must successfully open a Moomoo MY universal account and deposit a cumulative amount of at least RM8,000 into the account before 11:59 PM MYT 31/03/2024. Once the deposit of RM8,000 has been completed, you must also successfully claim the free Apple share from the activity landing page.

Upon successful claim, the Apple share will be issued and activated if you maintain assets (including cash, stocks, and other assets) of RM8,000 (or equivalent currencies) for 30 days.

Note: The value fluctuations of your holdings after depositing will not affect the unlocking of rewards, and you are free to trade stocks. In the unlikely event that the unlocking of Apple stocks fails due to a significant decrease in the net value caused by fluctuations in the value of your assets, moomoo will investigate and complete reward re-issuance within 7 working days.



it sounded like once the Apple share is claimed, with count down, it should be considered yours after 30 days maintaining RM8k or above.

This post has been edited by sjz: Mar 7 2024, 03:32 PM
iGamer
post Mar 7 2024, 03:34 PM

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QUOTE(Ziet Inv @ Mar 7 2024, 02:29 PM)
Just successfully claimed my Apple share  biggrin.gif
» Click to show Spoiler - click again to hide... «

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the share is not yours until the day u managed to unfreeze it (after 30 days maintaining 8k in account) and it actually shown in your portfolio, right now u merely claimed your participation to the promo hmm.gif
iGamer
post Mar 7 2024, 03:38 PM

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QUOTE(sjz @ Mar 7 2024, 03:21 PM)
i think someone shares the t&c before revising, its 2000 first come first serve.
» Click to show Spoiler - click again to hide... «
If really first 2000, first come first serve...... then tough luck since it already gained 10k client within 3 days launch in Msia. sweat.gif
https://www.prnewswire.com/apac/news-releas...-302076692.html
Yluxion
post Mar 7 2024, 03:42 PM

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QUOTE(Kcee @ Mar 7 2024, 11:27 AM)
Boss, what is auto currency exchange and what's the benefit of you doing that?
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Just trying out the platform overall features. It's for convenient sake only.

I would not recommend using Auto Currency Exchange as the forex conversion rates are 0.07 ~ 0.08% higher. (Using Wise exchange rate as base line)

QUOTE(lowyat101 @ Mar 7 2024, 12:35 PM)
meaning we need to convert the amount inside the account to USD first then only can buy US shares?

or it will auto convert when buying?

thanks
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Both options works.

Using Wise conversion rate as base line:
1. Auto Currency Exchange = paying 0.07~0.08% higher rates

2. Self convert MYR to USD (before buying US stocks) = paying around 0.04% higher rates
veloos
post Mar 7 2024, 04:07 PM

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Guys, i accidentally click the team up to get apple share but my friend didnt plan to join. Any idea how to withdraw it? Thanks.
Medufsaid
post Mar 7 2024, 04:11 PM

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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
iGamer
post Mar 7 2024, 04:41 PM

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QUOTE(Yluxion @ Mar 7 2024, 03:42 PM)
Just trying out the platform overall features. It's for convenient sake only.

I would not recommend using Auto Currency Exchange as the forex conversion rates are 0.07 ~ 0.08% higher. (Using Wise exchange rate as base line)
Both options works.

Using Wise conversion rate as base line:
1. Auto Currency Exchange = paying 0.07~0.08% higher rates

2. Self convert MYR to USD (before buying US stocks) = paying around 0.04% higher rates
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Is it possible to use MooMoo as USD wallet to keep USD or is it same like WISE, limited to certain USD amount by BNM? hmm.gif
Barricade
post Mar 7 2024, 04:45 PM

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QUOTE(veloos @ Mar 7 2024, 04:07 PM)
Guys, i accidentally click the team up to get apple share but my friend didnt plan to join. Any idea how to withdraw it? Thanks.
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Just click on another person’s team up link and you’ll team up with the new person.
victorian
post Mar 7 2024, 04:51 PM

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QUOTE(Ziet Inv @ Mar 7 2024, 02:29 PM)
Just successfully claimed my Apple share  biggrin.gif

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Hi Ziet Invest!

QUOTE(jenern84 @ Mar 7 2024, 02:50 PM)
Somebody shared earlier that the apple share will be capped at 9 million. There are more than 10k new users in 1st few days. So, it's going to be 1st come 1st serve again!
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No one shared anything about capping at 9million. Please double check before plucking statement out of nowhere.

Geez, so many unverified news these days
melz84
post Mar 7 2024, 05:00 PM

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My first referral rm100 just came into my account 😁

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ronnie
post Mar 7 2024, 05:09 PM

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QUOTE(Ziet Inv @ Mar 7 2024, 02:29 PM)
Just successfully claimed my Apple share  biggrin.gif

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you promote it so much and only now you claim the offer ?

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