MooMoo is an online mobile app and software for investing. The brokerage is can be beginner-friendly and easy to understand. It also allows trading to trade on the platform with it low commission and transaction fee. The software even has a crash course if you are willing to learn its features such as options trading and investment strategies.
How Investing Used to Be
I remember back 5 years ago buying stock required you to go to a bank to create an account. Apart from having to spend a huge sum of money just to open an account. You have to have a large sum of money to even begin investing. What’s wrong is the crazy expensive transaction fees and conversion fees involved. Thank go we are now in a digital era!
What makes MooMoo Great!
MooMoo constantly gives free rewards (cash vouchers and stocks) and perks (lower commission and zero fees for a duration) when you invest more with them. Apart from that, they give a really good referral bonus when you refer someone. With over 500,000 plus active users on the platform. MooMoo is a great platform to use for news information, listening to people’s perspectives on podcasts, options trading and simply investing in a large-cap fund.
If you are a beginner investor and just started using MooMoo as your first brokerage app. MooMoo provides free lessons to read to better understand how to use their platform. Even going so far as providing step by step tutorial on how you can start investing. An intermediate or expert investor can also learn more on harder topics such as how to trade and do options on the platform. Once in a while, MooMoo would host investment competition on their platform, paper trading (not real cash) to see who is able to invest well. The reward is attractive with a historic prize of earning a Tesla share!
Stock going to the moon or crashing? MooMoo’s hot topic and news are a great way to find out what is the current trend in the market. The platform provides interesting, long, and detailed information on news trends and market updates. This is an amazing feature for users as it allows users to make and decide on important decisions in the near term.
Is it a Safe Investment Platform?
Futu Inc. is a U.S. Securities and Exchange Commission-registered broker-dealer and a member of FINRA and the Securities Investor Protection Corporation (“SIPC”), which ensures securities customers up to $500,000 (including $250,000 for cash claims).
Moomoo’s parent, Futu Holdings Limited, is backed by some of the world’s notable investors. Which include venture capital affiliates of Tencent, Sequoia Capital, and Matrix Partners.
Start Investing with MooMoo Here!
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