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 Moomoo trading platform review

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ikanbilis
post Apr 24 2021, 02:59 PM

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Application sent today. Awaiting approval before i could bank in SGD2700

This post has been edited by ikanbilis: Apr 24 2021, 04:35 PM
ikanbilis
post Apr 25 2021, 02:20 PM

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QUOTE(edwin1002 @ Apr 25 2021, 03:19 AM)
Account approved?
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Approve today. Just deposited sgd2700 into the account. Now waiting for my free apple share.

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This post has been edited by ikanbilis: Apr 25 2021, 02:46 PM
ikanbilis
post Apr 28 2021, 02:32 PM

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My usd trade with moomoo

Transaction below usd1000, fee usd1.07

Transaction 1001 to 2000, fee usd1.66
ikanbilis
post Apr 28 2021, 03:55 PM

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QUOTE(alexkos @ Apr 28 2021, 03:20 PM)
Promotion referral now allowed at lowyat forum?

Nice. Momo bank in fast. Will seriously consider it. Anyone ask about inactivity fee yet?
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I dont thk there is inactivity fee. If you dont want to trade just withdraw all after you get the apple share. I have sold my free Aapl yesterday at usd134.60 for cash. Not withdrawing yet as i am still testing the platform with some day trades.
ikanbilis
post Apr 28 2021, 05:30 PM

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Tested moomoo cash withdrawal function

SGD cash withdrawal application submitted through DDA 9.52am

Received money in my DBS account 4.50pm
ikanbilis
post Apr 29 2021, 12:14 PM

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QUOTE(heata @ Apr 29 2021, 11:57 AM)
Any hiccups for first withdrawal into Sg bank? Did they ask for bank statement etc?  thanks in advance
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No hiccup

Yes need to provide bank statement in your name for first withdrawal

Addition : Made the 2nd withdrawal to my DBS today and money received in 3 minutes.

rclxms.gif

This post has been edited by ikanbilis: Apr 29 2021, 12:40 PM
ikanbilis
post Apr 30 2021, 12:34 PM

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QUOTE(goodbrother @ Apr 29 2021, 09:08 PM)
Fee is denominated by number of share you trade but not the value
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I see...this is so different from the Msia and Spore market that i trade for years.

Anyway i am withdrawing all my money from moomoo because of this platform fee. I check my statement my platform fee amounted to USD70 for my two days trade. This is too much. I am moving my fund to Tigerbroker.
ikanbilis
post Apr 30 2021, 01:27 PM

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QUOTE(goodbrother @ Apr 30 2021, 12:47 PM)
I think tiger commission is based on number of shares too, no?
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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.
ikanbilis
post Apr 30 2021, 04:20 PM

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QUOTE(Ramjade @ Apr 30 2021, 02:35 PM)
If you want the cheapest coms go with pure interactive broker at USD0.35/transaction.
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Thks for recommeding but i already have scb, moo and tiger. I will use tiger as my main trade and the other 2 brokers as spare.
ikanbilis
post Apr 30 2021, 05:22 PM

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QUOTE(no6 @ Apr 30 2021, 04:47 PM)
any idea how long does it takes for the cash (usd) to be available for withdrawal after selling the apple share ?
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I sold monday, able withdraw to bank Thursday
ikanbilis
post Feb 28 2024, 10:31 AM

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QUOTE(ben3003 @ Feb 28 2024, 07:59 AM)
Got promo park 30 days rm6000 with a fren then get apple share kan? I think this is no brainer. I got my sea stock worth usd46 after park 1-2k for 30 days moomoo sg.
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Can an existing user of moomoo sg participate in this promo?
ikanbilis
post Mar 1 2024, 08:35 PM

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QUOTE(kiwifruit0 @ Mar 1 2024, 12:17 PM)
old user need teamup ar....anyone serious to team up here??sad.gif
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Deleted

This post has been edited by ikanbilis: Mar 1 2024, 09:21 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.
ikanbilis
post Mar 2 2024, 01:16 PM

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QUOTE(ben3003 @ Mar 2 2024, 01:08 PM)
good promo, my time only get sea share 😅
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Yes good promo. That time i sold the aapl share for usd130. But now aapl is usd180.
ikanbilis
post Mar 2 2024, 11:23 PM

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QUOTE(tytung @ Mar 2 2024, 10:56 PM)
yes I get that too. But I also see a lot of scams out there are asking people to shell out some money before paying them back.
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Moomoo sg also gave aapl share when they first started in Spore. I got the aapl share by depositing sgd2700 at that time. After that i sold the aapl share for usd130 and withdrew everything.

Anyway everyone risk appetite is different. If you feel moomoo my is fishy by giving aapl share, u can choose to ignore it.
ikanbilis
post Mar 4 2024, 06:04 PM

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QUOTE(hedfi @ Mar 4 2024, 06:00 PM)
Would like to ask, if I'm Moomoo SG user, can I still apply. I downloaded the MY app but it went to SG account terus
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Use your moomoo sg account to apply. To get aapl share you have to team up with another person and deposit rm6k each.
ikanbilis
post Mar 4 2024, 06:07 PM

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QUOTE(hedfi @ Mar 4 2024, 06:06 PM)
Okok, tqvm. Can use app or need laptop?
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I use my existing moomoo sg app.
ikanbilis
post Mar 6 2024, 02:32 PM

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QUOTE(Medufsaid @ Mar 6 2024, 01:08 PM)
can ask old timers about their $AAPL promo last time with Moomoo SG. doesn't seem to have ppl complaining they missed the stock (due to FCFS) after depositing S$2700
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I dont recall moomoo sg not honoring their aapl share. But after their aapl stock running out, they did offer starbucks or disney share as far as i could remember.
ikanbilis
post Mar 6 2024, 04:03 PM

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QUOTE(!@#$%^ @ Mar 6 2024, 03:52 PM)
hope i signed up early enuf
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When is yr expected date to receive/unlock aapl share?

This post has been edited by ikanbilis: Mar 6 2024, 04:06 PM
ikanbilis
post Mar 6 2024, 04:17 PM

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QUOTE(!@#$%^ @ Mar 6 2024, 04:13 PM)
29th night. could have been earlier but my money was in the cloud for 1.5 days.
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Good for you. Most probably you would get it.

My expected unlock date is 4th April under the team buddy promotion.
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