Moomoo

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Moomoo

Highlights

Trade blue-chip stocks in AU and US markets.
Trade multi-markets and multi-products with a lower commission. No custodian fee.
CHESS-Sponsored trading is now available.
Regulated by the Australian Securities and Investments Commission (ASIC).

Pros

Opening an account is quick and easy.
Low commission rates keep trading costs down.
No inactivity fee, so you don’t have to worry about fees for not trading regularly.
Uninvested cash earns high interest, making it work for you.
Demo trading lets you practice before diving into real trades.
You can participate in social trading by sharing and viewing trading ideas on moomoo’s forums.

Cons

Market options are limited compared to some other platforms.
Beginners may find moomoo’s feature-packed desktop platform a bit tricky to navigate.
Only AUD deposits are supported, limiting funding options for international users.

Pros and cons

Pros

Opening an account is quick and easy.
Low commission rates keep trading costs down.
No inactivity fee, so you don’t have to worry about fees for not trading regularly.
Uninvested cash earns high interest, making it work for you.
Demo trading lets you practice before diving into real trades.
You can participate in social trading by sharing and viewing trading ideas on moomoo’s forums.

Cons

Market options are limited compared to some other platforms.
Beginners may find moomoo’s feature-packed desktop platform a bit tricky to navigate.
Only AUD deposits are supported, limiting funding options for international users.

History

User reviews

Convenience

Customer service

Rates and fees

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