1. 1. Sign up using your phone number or email
2. 2. Open an account by providing the required information
3. 3. Fund your account with PayTo, PayID or bank transfer
4. 4. Start trading!
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6. Note: Your will be converted into USD when buying a US stock/ETF at a competitive spread of 55bps.
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Trade US stocks/ETFs with a flat fee of US$0.99 flat fee per order, regardless of the trade size. 

There are no hidden fees:
- No subscription fees for pro-level trading tools
- No account maintenance fees
- No inactivity fees

Note: Other pass-through fees including settlement fee, SEC fee, FINRA trading activity fee still apply. FX conversion costs are not included in the flat fee.

Use our fee calculator and see how we compare to other brokers.

Moomoo offers over 11,000 US stocks, including over-the-counter stocks (OTCs), American Depositary Receipts (ADRs), and over 4,000 US ETFs.

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Market Volatility – The US market is subject to frequent fluctuations and volatility due to various factors such as economic indicators, geopolitical events, and investor sentiment. Rapid price movements can result in significant gains or losses in a short period, increasing the risk for investors/traders.

Regulatory & Political Risks – Changes in regulatory policies or major political events can impact market stability and investor confidence. Shifts in government regulations, trade policies, or tax laws may affect specific industries or sectors, leading to volatility and uncertainty in the market.

Currency Exchange Risks – Fluctuations in currency exchange rates between the US dollar and Australian dollar can impact investment returns. Currency fluctuations can erode returns or amplify gains, depending on the direction of the exchange rate movements.

Our clients' US stocks/ETFs are held under a custodian arrangement with Futu Clearing Inc., a U.S. broker-dealer and clearing firm regulated by the SEC and FINRA, and a fully owned subsidiary of our parent Futu Holdings (NASDAQ:FUTU). Futu Clearing Inc. is also a member of the SIPC, which provides insurance coverage on client funds and assets held with a broker-dealer.

No. There is no minimum deposit requirement to open an account with moomoo.

A W-8BEN form is a legally required document, in compliance with US tax regulations, for the ultimate beneficial owner of listed securities deriving income in the US. Non-US residents need to have completed a W-8BEN form to declare their tax residency to the Internal Revenue Service (IRS) to ensure the right amount of tax is withheld.

When you sign up and open an account with moomoo, your W-8BEN form will be automatically completed on your behalf at no additional cost.