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MooMoo

MooMoo

UNVERIFIED PLATFORM

MooMoo

MooMoo

Moomoo's mission is to provide first-time investors and professional traders with an intuitive and powerful investing platform.

Join investors

UNVERIFIED PLATFORM

Highlights

+1.14%

Asset Class Return30d

#24 Rank

In Stocks30d

avatars

Invest from

$1

Overview

Enhance your trading experience with the power of technology. Moomoo's mission is to provide first-time investors and professional traders with an intuitive and powerful investing platform. The moomoo app—backed by independent technological research & development capabilities—takes a holistic view of the trading process and is regularly updated with new features and enhancements to improve the trading experience. Invest in U.S Stocks, ADRs, ETFs, and Options without paying any commissions right on your phone.

Things to Know

  • You make money on

    Value + Dividends

  • Fees

    0%

  • Min Investment

    $1

  • Payout frequency

    Quarterly

  • Term of investment

    Zero

  • Target Return

    Varied

  • Liquidity

    Easy

  • Open to

    All Investors

  • Mobile Application

    iOS, Android

Top Perks

  • Trade *Stocks *ETFs *Options *ADRs

  • Commission Free trades

  • Advanced investors: Customizable, in-depth tools

How you make money

Stock price appreciation + dividends. Earn Free Stocks from Moomoo Referrals valued between $4 - $200.

How MooMoo makes money

1. Rebates from market makers and trading venues 2. Income generated from cash 3. Stock loan income from counter-parties. Please refer to moomoo's fee schedule for details.

Is it safe?

Moomoo Inc. is a wholly-owned subsidiary of Futu Holdings Ltd, which was founded in 2012 and has since raised over $285 million in four rounds of funding.

 

All investments involve risk, including possible loss of principal. Past performance of a security, market, or financial product does not guarantee future results. Electronic trading poses unique risk to investors. System response and access times may vary due to market conditions, system performance, and other factors. Market volatility, volume, and system availability may delay account access and trade executions. FINRA and SIPC protects securities of its members up to $500,000 (including $250,000 for claims for cash).

  • Established

    2018

  • Country Available

    US Only

  • Assets Managed

    n/a

How You’re Taxed

Capital Gains

Capital Gains

Income Tax

Income Tax

Investors are subject to short-term capital gains when selling stocks owned for one year or less, which are taxed at ordinary income tax rates. Long-term capital gains are applicable when assets are owned for more than one year, with tax rates ranging from 0% to 20%, depending on your total taxable income.
 

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