I would give moomoo 5 stars. The UI is great and it gives you all the tools you need to be an effective trader. I appreciate that they also give articles and mini classes to teach you, so I would recommend it for experienced and inexperienced people. The social media aspect of it is great as well.
8.1% APY + $1000 in NVDA
Enjoy 8.1% APY on idle cash, up to $1000 in NVDA stock, and receive a 3% cash reward match for new users. Plus $0 FEE Equity OPTIONS & FREE LV2 data!
It's a very good broker, but when I got this, I thought it was able to trade crypto and it doesn't do stop losses and take profits at the same time.
Moomoo is a great brokerage, not only does it provide a good UI for users, but allow users to learn and practice trading in a safe, pseudo-real world environment. For example, with AI to learn about stocks/companies, and to use 'paper money' to practice trading. Overall a great experience
Moomoo is an amazing broker for the active investor. Tons of news and updates on massive amounts of data along with a great social media that allows other traders to share opinions. Not only that but you always get coupons and free things on the app. 10/10 broker.
I just started investing and this app has made it so easy to understand. I love it. I would recommend it to everyone. It breaks everything down to where it's understandable
I like Moomoo so much, because, 1. Moomoo offers free trading to almost all securities, stocks, options, etf, only regulatory fees are charged, but that can be ignored. 2. Moomoo offers abundant information for people to use. 3. Free API for people to build their trading systems.
Fast, reliable, no hidden extra broker "rules" so far limiting my trading. I would recommend to anyone.
Damn good tool, no fees, lots of data, big social component. Go for it.
I recently installed the moomoo app and it has been great so far. The promotional APR for the first 90 days is great. The app is very user friendly and has learning objects included. You can earn cash rewards for completing the task within the task center within the app. The transactions are seamless.
Very easy to use platform with lots of features. Recomended for first time investors. Not disappointed at all. Have decent fills on orders so far.
This is definitely teaching me how to trade in real time. Good features for beginners. Better than a lot of the other trading platforms out there. I think i've tried just about all of them.
Terms and fees
Tradable assets
Stocks, ETFs, Options
Min deposit
0.00 USD
Deposit fee
No
Withdrawal fee
No
Inactivity fee
No
- $0 commission for U.S. stocks, options, and ETFs*
- 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.
- 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
Regulators
Website
Community
Phone
+1 888 721 0610
Address
185 Hudson Street, Jersey City, NJ, 07302
Moomoo has pro-grade, easy-to-use tools and data, and a global community of 26 million users.
- 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.
- 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
Order types
Order features
Position features
Brackets
Other
Frequently Asked Questions
moomoo allows to trade the following assets:
- Stocks
- ETFs
- Options
- Stocks
- ETFs
- Options
moomoo is regulated by the following organisations:
- FINRA (Financial Industry Regulatory Authority, Inc.)
- SEC (U.S. Securities and Exchange Commission)
- FINRA (Financial Industry Regulatory Authority, Inc.)
- SEC (U.S. Securities and Exchange Commission)
No, moomoo doesn't provide a demo account.
moomoo requires a minimum deposit of 0 USD.
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 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.
No, moomoo doesn't offer Level 2 data to its clients.
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.
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.
No, there's no fee if there's no activity on your account.
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.
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.
No, moomoo doesn't impose any withdrawal fees on its clients.
Check the fees moomoo has to make the best choice. - $0 commission for U.S. stocks, options, and ETFs*
- 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.
No, moomoo doesn't have any deposit fee.
moomoo allows the following order types:
- Limit orders
- Stop orders
- Market orders
- Stop limit orders
- Limit orders
- Stop orders
- Market orders
- Stop limit orders
No, you can't place bracket orders with moomoo.
Brokers provide access to financial markets and execute trades. They act as intermediaries between traders and exchanges, providing the necessary infrastructure and tools to place buy and sell orders. They offer services such as order execution, market access, research, analysis, and customer support. Additionally, brokers facilitate the use of leverage, margin trading, and help ensure regulatory compliance, providing traders with a secure environment to trade effectively. Without brokers, individual traders would struggle to access markets and execute trades efficiently.
An order is an instruction for a broker to execute a trade - buy or sell an asset on behalf of a trader. Depending on your strategy, risk tolerance, and market condition, different kinds of orders can be more or less effective, let's see the basic ones.
- 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)
- 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)
Successful trading requires thorough preparation, ensuring every decision is well-informed and carefully considered. To develop a winning strategy, follow these key steps:
- 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
- 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
A broker's rating on TradingView is based on its clients' reviews. We ensure broker ratings reflect real user experiences by allowing reviews only from verified TradingView users with active linked accounts. Recent ratings carry more weight, providing up-to-date insights for informed decisions. This approach promotes transparency and prevents manipulation. Make sure to rate your broker to help it improve its service and assits other users in their choice.
Leverage is a mechanism that allows traders to open larger positions with a smaller amount of capital. It basically means borrowing funds from a broker, often multiplying your position size by 5x, 10x, or more. For example, with 5x leverage, a $100 deposit could open a $500 trade with your broker lending you $400 you don't have. It's a popular technique, but remember that while leverage increases potential profits, it also magnifies losses, which is why it's essential to learn how to manage risks.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
It's always worth preparing for trades before actually executing them. On TradingView, you can do this with our Paper Trading functionality.
Margin trading means an investor buying an asset by borrowing the balance from a broker. It allows traders to increase their buying power, enabling larger positions with less upfront capital. While it can provide greater market exposure with less capital and amplify potential gains, it also comes with increased risks:
- 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.
- 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.
Commissions in trading are fees that brokers charge for executing trades on behalf of traders. These costs help brokers maintain their platforms, provide essential services, and ensure smooth access to financial markets.
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.
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.