moomoo SG

Highlights

2 Offers Available

SingSaver exclusive offer (Deposit min. S$2,000)

S$100 Cash via PayNow

+ 2 other gift options

• SingSaver Exclusive Offer promotion is valid until 31 January 2025.
• Promotion is valid for new moomoo users only.
• Open a universal account through SingSaver, then fund a min. of S$2,000 and maintain the funds for 30 days from the date of deposit to be eligible for reward.
• Promotion is stackable with other Welcome Offers from moomoo.
• Terms and Conditions apply.

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Stackable welcome offer

Up to S$2,246 Rewards

• Welcome Offer Promotion from moomoo runs until 6 January 2025.
• Welcome Offer Promotion is valid for new moomoo customers only.
• Welcome Offer Promotion is stackable with other applicable offers from SingSaver (additional T&Cs apply).
• Collect starter kits worth up to S$2,246:
  • Get up to 6.8% p.a. for 30 days with moomoo Cash Plus (worth up to S$279)
  • Deposit min. S$3,000, maintain the assets for 30 days and make 3 buy trades to receive 0.1 TSLA stock (worth S$47)
  • Deposit min. S$10,000, maintain the assets for 90 days and make 8 buy trades to receive 0.4 TSLA stock (worth S$187)
  • Deposit min. S$100,000 and maintain the assets for 90 days to receive 1 TSLA stock (worth S$467)
  • Deposit a cumulative amount of min. S$3,000 to receive 1 Christmas Giveaway Lucky Draw ticket for a chance to win up to S$1,500 trading cash coupon
• Terms and Conditions apply.

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Quick facts

All-in-one investment platform with comprehensive promotions

0 commission, 0 platform fee for forex trading

Segregated moomoo client accounts—this ensures your money stays protected no matter what happens to the company

Fast and stable trading environment

Tight, ultra-thin spread

Dedicated customer service

Regulated by MAS

Read our full review of moomoo

Platform fees apply for every trade

Eligibility

Fees / repayment

Usage

Tags

#All Online Brokerage Accounts #Singapore Stocks Investment Accounts #US Stocks Investment Accounts #Forex Investment Accounts

moomoo Singapore promotion

SingSaver exclusive offer

New to moomoo? Sign up through SingSaver and enjoy a S$100 cash reward via PayNow when you open a universal account and deposit a minimum of S$2,000. Just make sure to maintain this deposit for 30 days to secure this reward. This SingSaver exclusive offer is valid until 31 January 2025 and is stackable with other moomoo welcome rewards.

moomoo welcome rewards for new sign-ups

• Deposit S$10,000: Maintain this deposit for 90 days and make 8 buy trades to receive 0.4 shares of TSLA stock (worth S$187). This is a fantastic opportunity to boost your portfolio with a more significant stake in a leading company.

• Deposit S$100,000: Maintain this deposit for 90 days to receive 1 full share of TSLA stock (worth S$467). This is a substantial reward for serious investors looking to make a significant investment.
  

• Christmas Giveaway Lucky Draw: Deposit a cumulative amount of at least S$3,000 to receive 1 Christmas Giveaway Lucky Draw ticket for a chance to win up to S$1,500 in trading cash coupons. 
  

moomoo referral rewards

moomoo also offers referral rewards, allowing you to earn bonuses by inviting friends to join the platform. Both you and your friend can receive rewards, such as free stocks or cash vouchers, when they successfully open an account and fulfil the qualifying criteria.

moomoo trading app Singapore

Experience the future of investing with the moomoo trading app. Licensed by the Monetary Authority of Singapore (MAS), moomoo provides a secure and reliable platform for your investment journey. And as the first digital brokerage to receive full memberships from SGX Group across both securities and derivatives markets, moomoo offers reliable access to a wide range of investment opportunities.

With its intuitive interface, cutting-edge technology, and attractive rewards, the moomoo app empowers both seasoned investors and beginners alike. Explore Singapore and US stocks, CFDs, and Forex seamlessly, all within a single app. moomoo even introduced 24-hour trading in Singapore and Australia, giving you greater flexibility and control over your investments. Discover why moomoo is becoming the preferred choice for traders seeking a comprehensive and user-friendly trading experience.

Why should you invest with moomoo Singapore?

Competitive rates

moomoo offers incredibly competitive rates and promotions that can help you maximise your investment returns. For instance, you can enjoy lifetime commission-free trading for US stocks and ETFs, allowing you to invest in some of the world's leading companies without incurring any trading fees. For Singapore stocks, you'll benefit from 1-year commission-free trading, giving you ample time to explore the local market and build your portfolio.

Beginner friendly

If you’re new to investing, moomoo provides a supportive environment to help you get started. The platform is known for its thriving trading community, where users can share investment ideas, discuss market trends, and learn from each other. Aside from offering rewards, moomoo also provides educational resources and a user-friendly interface, making it easy to navigate the platform and make informed investment decisions.

Comprehensive product range

moomoo offers a comprehensive range of investment products to cater to diverse investment goals.  Beyond stocks and ETFs, you can explore mutual funds, bonds, REITs, and even cryptocurrencies, all within a single platform. Whether you're interested in long-term growth, income generation, earning rewards, or exploring new asset classes, moomoo provides the tools and options to achieve your financial objectives.

How to open an account with moomoo Singapore and redeem sign-up bonuses?

If you’re ready to start your investment journey with moomoo, follow these steps to open an account and redeem the attractive sign-up bonuses available through SingSaver:

1. Click the "Apply Now" button on this page: This will redirect you to moomoo's official sign-up page, where you can securely create your account.

2. Choose your preferred method to sign up: You can use your existing Google account for quick registration or provide your email address to create a new moomoo account.

3. Complete the application: Fill in the required information, including your personal details and financial information, as prompted.

4. Fund your account: While no deposit is required to create an account, it’s recommended to fund the minimum amount to qualify for the sign-up bonuses. Remember, higher deposit tiers often unlock more valuable rewards, so take note of the bonus structure and promos to maximise your benefits.

Fee structure of moomoo Singapore

With moomoo, the fees you incur can vary depending on the market you're trading in and the types of products you're investing in. However, the major fees include:

Commission fees

In many cases, you can enjoy commission-free trading, but in general, here are the commission fees you can expect:

• US stocks and ETFs: Enjoy zero commission for life.

• Singapore stocks: Benefit from 1-year commission-free trading on Singapore stocks.

• Other products: Commission fees for other products, such as options or futures, may vary. So, refer to moomoo's official pricing page for detailed information on specific commission fees.

Platform fees

In addition to commission fees, moomoo may charge platform fees for certain trades. Also, these fees are generally small and vary depending on the product and market. 

Deposit and withdrawal via moomoo Singapore

Deposit

When depositing funds, you have several options to choose from. For the fastest results, Singapore bank account holders can use the instant deposit via DDA method, which typically takes less than five minutes for your money to reach your investment account.

Alternatively, you can opt for a standard bank transfer, with domestic transfers in SGD usually arriving within five minutes as well. On the other hand, domestic transfers in HKD/USD and international transfers may take slightly longer, usually one to three business days. 

If you prefer to use payment platforms like Wise or BigPay, expect your deposit to arrive within one to three business days. The good news is that moomoo doesn't impose a minimum deposit, so you have the flexibility to fund your account with any amount you prefer. 

After making a deposit, you can easily check your account statement to confirm the transaction and view your updated balance or see any available rewards.

Withdrawal

When it comes to withdrawing your funds, the processing time depends on several factors, including the withdrawal amount, currency, and the bank account you're sending the money to. For withdrawals to Singapore bank accounts, SGD transfers up to S$200,000 to FAST-supported banks are generally processed within one business day.

However, larger SGD transfers or those to non-FAST banks might take one to three business days. Meanwhile, if you're withdrawing USD or HKD, it typically takes one to two business days for DBS/POSB bank accounts and one to three business days for other banks.

For withdrawals to bank accounts outside of Singapore, the processing time is usually one to three business days for SGD, USD, and HKD.

While moomoo doesn't charge any withdrawal fees, remember that your bank might have its own charges, especially for international transfers or foreign currency withdrawals. It's also worth noting that exchange rate fluctuations may apply when withdrawing in a currency different from your account's base currency, and your bank might have foreign currency transaction fees. To keep track of your withdrawals or rewards, you can easily check their status within the moomoo app or website.

Deposit and withdrawal via moomoo Singapore