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 Moomoo trading platform review

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sjz
post Feb 29 2024, 10:36 AM

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QUOTE(exwuliao @ Feb 29 2024, 10:34 AM)
Do you have the option to withdraw all your deposits in full? Am concerned the $$$ will be stuck in Moomoo
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the money deposit is in Trust Account.
they hav no rights to prevent us from withdraw our own deposits from Trust account

This post has been edited by sjz: Feb 29 2024, 10:36 AM
sjz
post Feb 29 2024, 10:57 AM

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not sure why don't they use FPX for Deposit transaction.
if using FPX, almost real time update of account balance like other brokerages.

now using transfer and tally using account number is quite slow process.

This post has been edited by sjz: Feb 29 2024, 10:57 AM
sjz
post Feb 29 2024, 11:48 AM

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click Claim It button beside the Apple Share immediately in the reward page
once you deposit RM8k to start the timer of 30 days

This post has been edited by sjz: Feb 29 2024, 11:48 AM
sjz
post Feb 29 2024, 02:25 PM

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mine took around 2 hours+.

as i said before, they should consider using FPX for deposit.
balance will b reflected almost real time.

but could be due to some cost incurred hence they not using FPX.
sjz
post Feb 29 2024, 04:28 PM

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QUOTE(victorian @ Feb 29 2024, 04:01 PM)
Anyone tried using the free RM10x5 stock cash coupons?

Threshold order amount- RM100
Applicable to Malaysia stocks and ETF

Will need to pay RM3 platform fee per order, means technically RM7 cashback only?
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RM3 platform fee plus stamp duty RM1 for below RM1k and some clearing fees.
so its around RM6 +/- cashback only.

but i wonder, if we put in multiple orders for the same counter during same day.
will they consolidate and charge only 1 platform fee?

This post has been edited by sjz: Feb 29 2024, 04:32 PM
sjz
post Feb 29 2024, 07:42 PM

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QUOTE(ericlaiys @ Feb 29 2024, 06:33 PM)
try to use voucher but no voucher. but i already can see all voucher rm10. however cannot select. So how to select it?
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no need manually select,
once you trade buy share >100, it will auto apply

This post has been edited by sjz: Feb 29 2024, 07:42 PM
sjz
post Mar 1 2024, 11:52 AM

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QUOTE(MaJYun @ Mar 1 2024, 11:25 AM)
Where do you see Instant Transfer? I can only do IBG transfer when I click the deposit button in MooMoo app. I transferred money from my Maybank to MooMoo Maybank account yesterday and the money is still not in. This is making me slightly nervous whether I have been scammed. There is no record of the deposit on app whatsoever, not sure why the app cannot FPX.
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did you enter your MooMoo account number in bank transfer reference number?
this is very important.

and no, you won't b scammed by MooMoo, this is a good and legit MooMoo authorized by SC.

even Bursa CEO giv some speech during their launch ceremony and most online investment bloggers attended the event.
sjz
post Mar 1 2024, 02:06 PM

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QUOTE(MaJYun @ Mar 1 2024, 12:03 PM)
Yes I did put my account number in the reference of bank transaction as per advised by the deposit instruction in MooMoo app. I also think MooMoo is a reputable company but I am not sure what is stopping them from enabling instant transfer. Perhaps I miss the feature.
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you choose IBG transfer?
i think this is the reason.
IBG Giro takes 1 business day for funds to reach.

you can select instant transfer to be faster
sjz
post Mar 4 2024, 02:40 PM

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QUOTE(anakMY @ Mar 4 2024, 01:52 PM)
Has anybody claimed the RM50 grab voucher?
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can use for grab pay?
sjz
post Mar 4 2024, 02:51 PM

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QUOTE(anakMY @ Mar 4 2024, 02:44 PM)
I contacted customer service they say the voucher us first come first serve, already finished. Apa lj
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wth??
if already finished, don't promote it la.
you can see they still actively promoting it and shows 5 days left.
its false advertisement

This post has been edited by sjz: Mar 4 2024, 02:53 PM
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post Mar 4 2024, 04:13 PM

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QUOTE(derravile @ Mar 4 2024, 03:36 PM)
hi guys how does the rm100 cash referral works? does it add to yr cash balance or just voucher for trading?
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click use on the voucher.
it will add balance into your cash balance.
sjz
post Mar 5 2024, 09:18 AM

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QUOTE(melz84 @ Mar 4 2024, 07:56 PM)
Dont bother.. i finish the 7 days task 2 days ago.. not getting anything.
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me too..
considered as misleading??
if the so called Grab RM50 voucher ran out already, they are NOT SUPPOSED to keep advertising it in banner.

This post has been edited by sjz: Mar 5 2024, 09:19 AM
sjz
post Mar 5 2024, 09:46 AM

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QUOTE(ericlaiys @ Mar 5 2024, 09:23 AM)
did not get. wonder how to claim as check in 7 days already
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did not get too.
some reported asking CS, they claimed 1st come 1st serve and nw RM50 Grab voucher is finished doh.gif doh.gif

but how could they keep advertising it in app banner when the voucher is finished.

indeed MISLEADING doh.gif doh.gif

they even show a tick in the Day 7 mission completed, but NO VOUCHER

Attached Image

This post has been edited by sjz: Mar 5 2024, 09:50 AM
sjz
post Mar 5 2024, 10:56 AM

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so far none report getting any RM50 Grab voucher
sjz
post Mar 5 2024, 11:04 AM

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QUOTE(ericlaiys @ Mar 5 2024, 11:01 AM)
at least , we get more point
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yup.
but the point is actually quite irrelevant compared to RM50 Grab Voucher cry.gif cry.gif

spend so much for marketing, yet create a misleading campaign of RM50 Grab Voucher.
causing cust disappointment & dissatisfaction

This post has been edited by sjz: Mar 5 2024, 11:05 AM
sjz
post Mar 5 2024, 12:20 PM

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QUOTE(melz84 @ Mar 5 2024, 12:15 PM)
i don't think that would be the case cos the APPL share has been claimed and appearing in your account. just waiting time to unfreeze it.
for the Grab voucher, there's nothing to claim at all, hence it's not exactly "guaranteed"

the claiming logics looks a bit similar to M+ though.
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your Bolded part statement is Wrong.
look at the screenshot i upload.

it shows blue tick at Grab RM50 voucher!!

if not 'guaranteed' then they should not put Grab RM50 voucher at Day 7 tab at the very first place.

how can say nothing to claim at all??

Very very MISLEADING

Attached Image

they should remove the campaign straight if the Grab RM50 voucher is depleted as they claimed

This post has been edited by sjz: Mar 5 2024, 12:22 PM
sjz
post Mar 5 2024, 01:30 PM

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QUOTE(melz84 @ Mar 5 2024, 01:08 PM)
ok bro.. my statement is wrong if you need to bold that... tbh, there's isn't much to argue or to make ppl angry  pun
i'm just saying, i for once at least has a button to claim for APPL coupon, after completing the task.. all those ticked task..
but for the grab voucher, there is none even when the all the task is ticked. nothing shows up in the My rewards for me to claim.. that's what i meant.. so don't get me wrong ya sweat.gif
*
nope.
i'm not angry on u.

but rather frustrated on the MISLEADING ads by this Moomoo

sjz
post Mar 5 2024, 03:12 PM

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QUOTE(timeekit @ Mar 5 2024, 02:43 PM)
Seems like there is some contradicting information?

I received the Apple Share on 3/3, i need to hold for 30 days (until April 3rd or 4th) to unlock, yet the validity period is until April 2nd?
Dafuq?  rclxub.gif 

user posted image

user posted image
Also, anyone else having cash voucher getting invalidated?

user posted image
I message CS and they claim aware for both of the above issue and escalating it..

Not sure if i'm the only one facing this ~  icon_question.gif
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they might be telling you its First Come First Serve Basis for ALL Campaigns whistling.gif whistling.gif
sjz
post Mar 5 2024, 05:53 PM

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QUOTE(whycanot323 @ Mar 5 2024, 05:47 PM)
completed 7 days for RM50 grab voucher .
then told by CS, the RM50 grab voucher quota is finished.

Seeing the grab voucher campaign still running!
Fraud advertisement !
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exactly as what i said.
we should report this MISLEADING ads.
sjz
post Mar 6 2024, 11:12 AM

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QUOTE(ycktech @ Mar 6 2024, 11:02 AM)
Do moomoo give interest on our deposit amount that is not used like other trading platform?
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i'm curious to know too.
any where did they state on interest for fund in trust account?

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