When you sign up with Moomoo by Futu SG with my referral link, enjoy welcome benefits (see below):
- Free level 2 market data for US stocks
- 180 days commission free trading (HK/SG/US)
If you top up at least SGD2700, enjoy:
- SGD$30 cash coupon
- 1 free Apple Share (AAPL market value is ~SGD178 as of 24/03/2021)
What is Moomoo?
Moomoo is the name of the trading platform by Futu Singapore Pte. Ltd. This company is authorised and regulated by the Monetary Authority of Singapore (MAS), License No. CMS101000 with Capital Markets Services (CMS) License.
Futu Singapore Pte. Ltd. is an indirect, wholly-owned subsidiary of Futu Holdings Ltd.
Why use Moomoo?
- Well thought trading Experience: It provides excellent trading experience and informed investment decision with technology and data analytic tools.
- Execution Price: It allows you to compare bid/ask prices across different exchanges.
Does moomoo charge any custodian fees?
No. Moomoo does not charge any custodian fees at the moment.
Which app to use?
You should be able to find two apps on playstore or app store, Moomoo and Futubull.
In Singapore, Moomoo should be used. Futubull is specifically designed for overseas investors and provide global investment services, and meant for customers in Greater China Region.
It took me about 11 hours with Myinfo.
Funds deposit wait time
Almost instant (1 mins) using FAST transfer!