Good commisions and tools. Intuitive and powerful interface.
MooMoo requires that you enter a digital signature for every trade. The digital signature would not save across orders and was a constant tripping hazard when trying to open and close orders quickly. It also does not support a few order creation features that attracted me to trading view to begin with. I'm sure it's fine overall, but given I came to tradingview for quick and easy order execution, this is the opposite and I'll move on.
Moomoo is an excellent stock trading platform. They have a very user friendly interface and how-to guides for beginners and advanced trading features for experienced investors.
I love moomoo! there are endless investment opportunities, great rewards, and so many educational resources; I have found them very useful! I trust the site very well and I am happy to use them.
The platform is great and very easy to use I would definitely recommend to anyone who is starting their trading journey! I love the numerous options that they offer such as options, crypto etc.
Excellent app and interface for any beginner. The app is easy to navigate and account opening is straightforward. Able to transfer stocks in from other brokers. Definitely recommend Moomoo
This is a solid app, they make it easy to get started and learn about trading. I was able to make my first trade right after starting my account and making a deposit
Great app from beginner or seasoned with competitive pricing and user friendly functionality.
Moomoo is a very different training platform. They aim to provide a full training experience for both experienced and amateur alike. Moomoo has quickly become a favorite of mine for its attention to detail and seamless app processes.
I've been using moomoo for about a year now to invest some extra funds outside of our 401k and a few other investments. I have learned a LOT using this app and have been extremely happy with how easy it is to fund my account and trade. The daily tasks are particularly helpful in pointing me in the right direction to stay up to date with financial news and various industry insights. Love this app and will continue to use it for the foreseeable future as my portfolio grows.
MooMoo Review 1. User Interface & Experience (UI/UX) MooMoo delivers an intuitive interface that appeals to both beginners and seasoned traders. The onboarding process is straightforward, guiding users through account setup, funding, and their first trade with minimal friction. For advanced users, the layout is fully customizable, allowing multiple watchlists, real-time data panels, and multi-chart views. The mobile app mirrors much of the desktop platform’s functionality and remains stable during active market hours, which is critical for traders who rely on real-time order execution. However, some users note that the app’s data-heavy interface can feel overwhelming until they adjust display preferences. 2. Features and Tools MooMoo provides comprehensive research tools powered by third-party providers such as Morningstar, Dow Jones, and Reuters. The charting system is advanced, offering over 60 technical indicators, drawing tools, and the ability to compare multiple stocks. Traders can use custom alerts, market heat maps, and AI-driven sentiment tools to identify opportunities. Order execution supports all major order types, including limit, stop-loss, and trailing stop orders. Execution speed is competitive, with minimal latency during normal trading hours. Unique to MooMoo is its paper trading feature, which simulates real-market conditions and allows users to test strategies without financial risk. The social community section enhances learning and engagement by letting users share strategies, portfolio performance, and market insights directly in the app. 3. Costs and Fees MooMoo advertises $0 commissions for U.S. stock, ETF, and options trading (excluding per-contract regulatory and exchange fees). There are no inactivity fees, making it suitable for casual investors. However, users should note regulatory charges (FINRA, SEC) and wire transfer fees when moving funds in or out of the platform.
Terms and fees
- Competitive margin rates as low as 6.8%*
- $0 equity options contract fees and $0.5 per contract for index options*
- Free real-time Level 2 data for funded accounts
*Other fees may apply. The Cash Sweep APY and Margin rates may change.
About moomoo
- US Stocks, fractional shares, equity options, index options, ETFs, ADRs, and Crypto.
- Full extended trading hours (4am ET - 8pm ET) on regular trading days.
- US-based, licensed specialists during trading days, or online support 24/7.
Moomoo Financial Inc. is a member of SIPC. Securities in your account protected up to $500,000, more details on the SIPC website.
Tools and features
Frequently Asked Questions
- Stocks
- ETFs
- Options
- FINRA (Financial Industry Regulatory Authority, Inc.)
- SEC (U.S. Securities and Exchange Commission)
Level 2 is a subscription-based service that offers real-time access to the exchange’s order book. It gives traders and investors a detailed view of market depth and momentum, helping them make more informed and strategic trading decisions.
Brokers usually require deposits to manage risk, cover trading costs, and comply with regulations. Deposits act as collateral for leveraged trades, ensuring brokers don’t face losses if a trade goes against a trader. They also help cover fees, prevent fraud, and ensure serious trading activity.
Brokers impose inactivity fees to cover maintenance costs, comply with regulations, and encourage active trading. These fees help offset expenses for managing inactive accounts and prevent account abandonment.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
- Stop limit orders
- Market orders
- Limit orders
- Stop orders
- Market order. It's a basic type designed to buy or sell an asset immediately at the next price available
- Limit order. Specifies the maximum (for buying) or minimum (for selling) price at which a trader is willing to execute a trade. It's only executed if the price reaches the preset level. There are buy and sell limit orders - they're set to buy/sell an asset at or below/above a certain price
- Stop order. Triggered when an asset moves above or below a certain price level, always executed in the direction that the price is moving. There are stop-loss orders (automatically closes a position at a certain level if the market moves against you) and (initiates a trade when the price breaks a certain level)
- Find the right asset using our screeners and heatmaps. Explore the stock market with the Stock Screener, track cryptocurrencies on the Crypto Coins Heatmap, and more tools to fin in the main menu
- Analyze price movements on our Supercharts. Utilize multiple drawing tools, built-in indicators, and advanced features to gain deeper market insights
- Stay on top of market changes with the Economic Calendar and the latest news, helping you quickly adapt to shifting conditions
- Test your strategy in a risk-free environment with a Paper Trading account to see how it performs before committing real capital
- Choose a broker and start your trading journey with confidence once you have a clear strategy in place
- Increased risk of losses, including exceeding initial investment
- Interest costs on borrowed funds
- Potential for margin calls requiring additional deposits
Make sure to analyze an asset thoroughly and test your strategy on a Paper Trading account to ensure you're ready to navigate these risks.
Understanding commission structures is essential for traders, as fees can impact overall profitability. Choosing a broker with competitive rates and transparent pricing ensures cost-effective trading.