Outline ·
[ Standard ] ·
Linear+
Moomoo trading platform review
|
honsiong
|
Apr 21 2021, 04:34 PM
|
|
QUOTE(Inspir3 @ Apr 21 2021, 04:08 PM) It's not scam at all and it's under Tencent. Many singaporean join the Moomoo platform and also spend $2700 in order to get 1 apple share. S$2700 is not spent, its just deposit and can be used to invest in other stuff right?
|
|
|
|
|
|
honsiong
|
Apr 21 2021, 09:51 PM
|
|
Dunno how these brokers make money if we buy n hodl, Tiger gave me like SGD 170 in cash vouchers and now Moomoo keep giving ppl AAPL share, how?
|
|
|
|
|
|
honsiong
|
Apr 21 2021, 11:31 PM
|
|
QUOTE(alexkos @ Apr 21 2021, 11:28 PM) Tiger better ka? Maresia can apply? See my footer. I don't know if Tiger is better yet, still opening Moomoo, gonna deposit some money to try get AAPL stock and see how it goes.
|
|
|
|
|
|
honsiong
|
Apr 22 2021, 12:26 PM
|
|
Holy fucking shit, Moomoo is way faster than Tiger.
Deposit is acknowledged in < 1 min, as opposed to Tiger's 5 minutes.
Their mobile UI and stability, translations etc are done better than Tiger.
I will use both for a few months to see, no harm putting stocks in both accounts, they don't impose custodian or inactivity fees anyway.
|
|
|
|
|
|
honsiong
|
Apr 22 2021, 12:47 PM
|
|
QUOTE(Ramjade @ Apr 22 2021, 12:40 PM) Agreed. Moomoo is superior to tiger in every way. You opened with passport or IC? Passport, not living in SG.
|
|
|
|
|
|
honsiong
|
Apr 22 2021, 12:58 PM
|
|
QUOTE(Ramjade @ Apr 22 2021, 12:53 PM) They don't accept Malaysian IC? Cause tiger accept Malaysian IC. They don't. But MY passport + MY proof of address work just fine.
|
|
|
|
|
|
honsiong
|
Apr 22 2021, 01:06 PM
|
|
QUOTE(Ramjade @ Apr 22 2021, 12:59 PM) Damn. My passport expired.  Yikes, apart from this, really no point renewing passport now until we are allowed to travel again.
|
|
|
|
|
|
honsiong
|
Apr 22 2021, 06:59 PM
|
|
 Just done approval, deposit today. Now kena wait for free Tim Apple share.
|
|
|
|
|
|
honsiong
|
Apr 22 2021, 07:58 PM
|
|
Free AAPL stock should be worth wasting 1 year of passport effective time.
|
|
|
|
|
|
honsiong
|
Apr 23 2021, 10:36 PM
|
|
I have received AAPL stock, sold it for cash, and bought more VXUS.
|
|
|
|
|
|
honsiong
|
Apr 25 2021, 11:31 PM
|
|
QUOTE(erictham83 @ Apr 25 2021, 11:15 PM) Can I ask how you all deposit the fund from Malaysia to Moomoo? Transfer directly from Malaysia Bank work? Probably but very expensive, just go open CIMB Singapore account, then send MYR to SGD thru bigpay or transferwise.
|
|
|
|
|
|
honsiong
|
Apr 26 2021, 09:17 AM
|
|
QUOTE(edwin1002 @ Apr 26 2021, 08:43 AM) Moomoo took quite long time to reflect in the account compare to tiger. deposit on sunday until now still no reflect yet. How did you deposit? Maybe I deposited on weekdays that's why it's quick.
|
|
|
|
|
|
honsiong
|
May 19 2021, 04:14 PM
|
|
QUOTE(AnasM @ May 19 2021, 02:54 PM) do they accept fintech deposit? Not sure what's that, you should only transfer from your own SG bank account. Don't wise or bigpay your SGD in.
|
|
|
|
|
|
honsiong
|
May 28 2021, 06:10 PM
|
|
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? You should use wise.com to transfer, then it's a lot cheaper, like 0.6%
|
|
|
|
|
|
honsiong
|
May 28 2021, 07:42 PM
|
|
QUOTE(gooroojee @ May 28 2021, 07:26 PM) 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. Interesting...
|
|
|
|
|
|
honsiong
|
Jun 7 2021, 11:10 AM
|
|
QUOTE(gooroojee @ Jun 2 2021, 12:23 PM) Another promotion: Transfer any stock to Moomoo account (e.g. from Tiger), and get SGD50 cash coupon. Tiger doesn't seem to allow stock transfers out. I had to sell them first, convert to SGD, withdraw, deposit SGD again, incur 2x forex losses (about 0.6%).
|
|
|
|
|
|
honsiong
|
Dec 21 2021, 10:08 PM
|
|
Futu app is damn good.
|
|
|
|
|
|
honsiong
|
Dec 21 2021, 10:21 PM
|
|
QUOTE(TOS @ Dec 21 2021, 10:20 PM) Ya, even better, you will soon see how good they are at sucking money out of your pocket. I don't day trade with it and only use it to accumulate VXUS, so its rather OK.
|
|
|
|
|
|
honsiong
|
Apr 13 2022, 03:50 PM
|
|
Sorry, where are the holding charges? I only saw ADR fees?
|
|
|
|
|
|
honsiong
|
Apr 13 2022, 04:56 PM
|
|
QUOTE(Davidtcf @ Apr 13 2022, 04:13 PM) free for this year.. next year will start having platform fees. It is charged based on per order. My mistake maybe is not holding fees... platform fee is a one off. for Malaysians will need to transfer SGD into Moomoo then do a currency conversion inside.. that part could be a trap also if FX rate is high. The FX spread is 0.6%, higher than mid valley money changers, but otherwise its acceptable lah.
|
|
|
|
|