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 Moomoo trading platform review

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gooroojee
post May 13 2021, 09:44 AM

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QUOTE(MUM @ May 13 2021, 09:29 AM)
maybe this?

Moomoo Referral Program Q&A
https://help.moomoo.com/?tid=99
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US resident with SSN only.. Cheh...

New moomoo users should be U.S. residents with a valid SSN who are at least 18 years old and who do not currently have an account with Futu Inc.
gooroojee
post May 19 2021, 09:50 PM

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QUOTE(Ramjade @ May 19 2021, 09:30 PM)
People apply and sell straight away.
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Credit card also la.. apply get rm600 free then bye bye... wait a year then apply again 😇

This post has been edited by gooroojee: May 19 2021, 09:51 PM
gooroojee
post May 20 2021, 09:08 PM

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Ok. My personal experience, sign up and verification super smooth and only took minutes. Cash deposit into account from SG account also very smooth and almost instantaneous. Qualified for free Apple share. Waiting to sell and cash everything out.

TQ LYN.
gooroojee
post May 20 2021, 09:56 PM

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QUOTE(TOS @ May 20 2021, 09:50 PM)
Just cash out? Do you plan to continue using it in the future?
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Might keep the account if it doesn't auto close after a period of inactivity, but not keeping any cash inside.

Btw, we can cash out the initial $2700 deposit immediately and still get the free Apple share, correct?
gooroojee
post May 21 2021, 07:06 PM

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QUOTE(TOS @ May 21 2021, 08:30 AM)
Based on here:
You can get the free stock after depositing the fund. It doesn't say what will happen if you cash out immediately though. I guess you better cash out after you got the share. Members here comment that the service is fast, so you should be able to get your "free" stock and cash out your initial deposits quickly.
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Thanks. I cashed out anyway , to do something else. Don't mind losing the free share. But I will update here on the final outcome.
gooroojee
post May 21 2021, 08:34 PM

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QUOTE(TOS @ May 21 2021, 08:06 PM)
Makes me wonder why you open the account in first place, if not for the "free" stock. Mind sharing?
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Explore new platforms and learn new things.

Update: Just checked the app and found one Apple share sitting there smiling at me. So, good news for everyone.

This post has been edited by gooroojee: May 21 2021, 08:52 PM
gooroojee
post May 26 2021, 12:02 AM

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QUOTE(ikanbilis @ Apr 30 2021, 01:27 PM)
No idea. But tiger has no platform fee. Also tiger has points which can convert to free commission.

Btw, i have withdrawn all my fund from moomoo. Bye2 moo and thanks for the free apple share.
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Tiger has the same platform fee...

QUOTE(no6 @ May 12 2021, 03:58 PM)
have to perform 10 trades then only can cash out the free share right ?
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No need... (so you save another $10 in fees)
gooroojee
post May 28 2021, 07:26 PM

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QUOTE(Barricade @ May 28 2021, 02:28 PM)
question: how much does CIMB SG charge if I transfer the SGD 2700 from CIMB SG back to CIMB MY?
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QUOTE(honsiong @ May 28 2021, 06:10 PM)
You should use wise.com to transfer, then it's a lot cheaper, like 0.6%
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It's cheaper to send direct from cimb sg to cimb my via cimbclicks. There are no charges and the rates are competitive. I just compared it today with wise, wise lost out.
gooroojee
post May 29 2021, 10:47 PM

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QUOTE(edwin1002 @ May 29 2021, 10:42 PM)
very low charge if use transferwise
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Not low at all. CIMB SG direct to MY zero fees, about the same rate.

Attached Image

gooroojee
post May 30 2021, 01:16 PM

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QUOTE(Ramjade @ May 30 2021, 10:56 AM)
Don't look at fees. Look at final amount received. That will tell you who's the cheapest for same amount of money transfering.
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Yes. Transferring using CIMB Clicks gives me an additional RM52. This is implied when I said the rates are about the same between CIMB and Wise.

If you have both Clicks and Wise just launch both apps and compare, and you'll see the same as me.

Attached Image

This post has been edited by gooroojee: May 31 2021, 09:04 AM
gooroojee
post May 31 2021, 09:06 AM

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QUOTE(Ramjade @ May 30 2021, 11:48 PM)
I know. That's what I am doing. The rates are almost the same.

Btw I don't bother bringing my money back. It's a one way ticket for me.
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Difference of rm52 is a lot...
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.
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
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How about other brokerages, like Morgan Stanley?
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?
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Malaysians still can...

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
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I've already answered but it's your choice not to sign up. smile.gif
gooroojee
post Jun 14 2021, 10:57 PM

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QUOTE(Mr.Weezy @ Jun 14 2021, 09:33 PM)
Tiger fees higher right? Moomoo still cheaper overall
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Not really..
gooroojee
post Jul 14 2021, 08:34 AM

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Promoting referrals are against forum rules ya.
gooroojee
post Jul 19 2021, 11:54 AM

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QUOTE(solstice818 @ Jul 19 2021, 10:21 AM)
To recap, after signing up, I have obtained the following free shares:-

AAPL x 1
NIO X 1
NOK X 1 (Treasure Box task)
GE X 4 (Treasure Box Task)
BB X 2 (Treasure Box Task X 1 ; Paper Trading Task x1)

Not bad!
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Suddenly can't find my treasure box tasks today. Anyone else?
gooroojee
post Jul 19 2021, 03:45 PM

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QUOTE(solstice818 @ Jul 19 2021, 03:34 PM)
Early July.
I think Treasure Box tasks ended already. You completed yours?
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Oh looks like it auto completed ... Btw the stock cards are hard to use.. $10 for BB which I can't redeem unless I have two stock cards.. same for GE.. need to use $20 stock card to get one $12 GE stock..

Is there a way we can topup our own cash to pay the balance?
gooroojee
post Jul 19 2021, 10:14 PM

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QUOTE(solstice818 @ Jul 19 2021, 04:48 PM)
BB dropped below $10 last Friday.
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QUOTE(optional1988 @ Jul 19 2021, 05:04 PM)
you will be able to use your BB stock card tonight 😜
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QUOTE(solstice818 @ Jul 19 2021, 05:35 PM)
Set alert for price drop so that you can use the stock card immediately.
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End up cannot.. the stock cards page cannot load.. for past 45 minutes... guess everyone excited to unload, hahaha

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