i dont think Malaysia Government will allow trading future on moomoo platform...

del

This post has been edited by john123x: Apr 24 2024, 04:03 PM

just to let you guys know, Cash Plus available already.

just press the "use" button of the RM10 voucher

yes,

you can use cash plus even if you dont have 5k

i subscribe cash plus RM200 to test the feature first before i dump in 5k

i dont think so, thats not how funds work

i think it will be something like this, i cant confirm, its my deduction

1.you subscribe the fund, get a number of units
2. NAV of the units will increase
3. when you need money, you manually redeem the units. OR if you purchase stocks or any transactions, units automatically redeemed

latest breaking news!!!!

afternoon today, only 2 MYR fund shows up which is United MMF and Maybank MMF

right now, when i visit, a USD fund showed up!!!!

moomoo cash plus is stupid. this is what happens when they try to act smart without following industry norm.

my moomoo United USD MMF fund doesnt have this kind of stupid issue. it shows my unit quantity. and its redeemable.

and moomoo cashplus Maybank MMF, subscription completed, DOESNT SHOW UNIT QUANTITY, and cant be redeemed yet...


luckily, i only dump in little money to test. if i dump in 5k, i will have heart attack knowing my money locked up until official cash plus release

i dont want to say much, but a SG broker that i use named "T" broker, their cashplus/smartsave really showed "units" normally just like a "fund"

Some people has complaining about this at fund comment section.

Just to let you guys know. Maybank MMF has monthly dividend payout. Thats why the fund NAV will decrease at end of every month.

just to let you know, issue is caused by Blue Ocean ATS Exchange

Other brokers are also affected. Its unfair to single out a single broker

this is because of dependency on single exchange BOATS. the world needs more 24h Exchange, or this kind of crap will happen again

FYI, i am ditching Maybank MYR MMF because:
1. its monthly dividend.
2. Dividend not automatically reinvested

and i am changing to United MYR MMF because its quarterly dividend. definitely less headache

summary: local Maybank MMF TAK BOLEH PAKAI

crypto is for SG citizen and Resident only

del

This post has been edited by john123x: Sep 2 2024, 03:09 PM

I am concerned some Probation member promoting this.

Normal US Stock trading already have lots of stupid peoples complaining here.

Imagine what happen if US Options arrived in Malaysia. Chances are lots of stupid peoples will lose lots of money, and instead of admitting fault, they rather blame the broker.

go to the fund and redeem