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 Moomoo trading platform review

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jutamind
post Sep 22 2023, 07:45 PM

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Wonder when is moomoo MY going to launch their US stocks trading
jutamind
post Feb 27 2024, 07:57 PM

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I wonder why all these platforms don't offer trading in SGX, except FSMOne I think?
jutamind
post Mar 30 2024, 05:22 PM

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QUOTE(anakMY @ Mar 29 2024, 05:18 PM)
user posted image

Mine ended today, status processing.
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Mine ended Mar 29 but I still see the Unlock button. When I click this Unlock button, I see a message saying "if there is no withdrawal activity within 30 days ....."

Any idea why the share is not auto unlocked?

jutamind
post Mar 30 2024, 05:24 PM

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Actually I don't understand why all these ebrokers don't allow trading of SGX shares perhaps with exception of FSMOne as far as I can recall

QUOTE(Haloperidol @ Mar 30 2024, 03:23 PM)
Woah, i opened Moomoo just to buy SG REIT
We cannot buy SG REIT ahh ... damn son.
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jutamind
post Mar 30 2024, 05:55 PM

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QUOTE(ericlaiys @ Mar 30 2024, 05:28 PM)
need to get license to trade other country
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If the ebroker can get license for US or HK trading, why not SG trading?

QUOTE(Ramjade @ Mar 30 2024, 05:33 PM)
Possible bnm try to support Malaysian market. They cannot ban US market or less later unker Sam come and find fault. But other country fair game.
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If want to protect Bursa, then don't allow any foreign trading at all.

Anyway, just wondering why SGX is always omitted for all these new Malaysian based ebrokers

jutamind
post Apr 25 2024, 10:04 PM

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Need to deposit additional fund into trading account for this promo? Already have 10k sitting there in trading account with initial deposit but every time I click Deposit button for this promo, I'm diverted to a page with deposit instructions

QUOTE(SitiNorhaliza1970 @ Apr 25 2024, 05:02 PM)
Err they extended this promo already..till 30-06-2024
Can park the money here while waiting for good share to come haha...

user posted image
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jutamind
post Jun 7 2024, 08:22 PM

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How do you get access to this? I was checking with customer service previously and recently as well and I was told Moomoo only has nominee account. This is the only thing that prevents new from transferring my Bursa shares to this platform

QUOTE(vanitas @ May 31 2024, 12:06 PM)
Accounts > More > CDS account IPO
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jutamind
post Jun 7 2024, 09:50 PM

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What a co-incidence...I was checking out yesterday with customer service on transfer in promo and complaint to them about no direct CDS account, and therefore not willing to transfer in. But walah I just check my Moomoo apps today and now I have this IPO link as per the screenshot. Just submitted my details for the direct CDS just now.

When I go to Me > Customer Service > Account Information > Show Details, I still see my account is still showing Moomoo Nominee. Will monitor this info once the direct CDS account is created before initiating the transfer in.

You guys might want to reach out to customer service to "complain" about no direct CDS account and hence don't want to transfer in and see whether you get the same reaction from Moomoo just like my case

QUOTE(vanitas @ Jun 7 2024, 08:57 PM)
user posted image
Please read about the issues mentioned by other members here. I contacted customer service, and they confirmed that the feature has not been officially launched yet, although some selected users have access to it. For now, I am waiting for the official launch before using it.
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jutamind
post Jun 8 2024, 07:56 PM

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Oh really? Then it's crap. Why the hell then enable direct CDS but limit it to IPO only?

Checked with customer service and what your said is correct. This is unnecessarily complicated

QUOTE(ronnie @ Jun 8 2024, 12:35 PM)
I think the direct CDS account is for IPO use only.. we still need to trade using nominees CDS.
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This post has been edited by jutamind: Jun 8 2024, 08:09 PM
jutamind
post Jun 14 2024, 07:36 PM

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I decided not to transfer in my existing Bursa shares as the direct CDS account is only for IPO application. All trading happens using universal (aka nominee account).

Frankly to me this is kind of stupid arrangement as 1 user will have 2 CDS account for different purposes. Wonder why can't they consolidate all trading and IPO application under direct CDS account

QUOTE(lkloon123 @ Jun 14 2024, 04:41 PM)
did you able to transfer-in and receive the promo? plan to do it but worried it got stuck in the IPO CDS  rclxub.gif
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This post has been edited by jutamind: Jun 14 2024, 07:39 PM
jutamind
post Jun 21 2024, 07:32 PM

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Does Moomoo charge dividend handling fee for MY shares?

Is dividend payout to our bank account or universal account? Any delay of the payment as it's quite normal for nominee accounts to receive dividends later than direct CDS account for other brokers
jutamind
post Aug 9 2024, 07:28 PM

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Assuming that I've invested in one of those cash plus funds, if I don't have sufficient fund in my universal account when I want to purchase stock, will the fund be auto redeemed to cover the amount difference?

 

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