moomoo CA Help Center-How to choose a deposit method
English
Back
Log in to access Online Inquiry
Back to the Top

How to choose a deposit method

Overview of the deposit methods

You can deposit funds into your brokerage account in the following three methods:

Item

Online Bill Payment (Recommended)

EFT (Electronic Funds Transfer)

Wire Transfer

Processing time

1-3 business days

Usually 5 business days

Usually 4 business days

Transfer fee

Free

Free

The other bank charges 20-50 USD.

Moomoo CA does not charge any transfer fees.

Currency

Individual Margin Account: CAD

Individual Cash Account: CAD

Registered Retirement Savings Plan (RRSP): CAD

Tax-Free Savings Account (TFSA): CAD

Individual Margin Account: CAD & USD

Individual Cash Account: CAD & USD

RRSP: CAD

TFSA: CAD

Individual Margin Account: CAD & USD

Individual Cash Account: CAD & USD

RRSP: CAD

TFSA: CAD

Banks

Canadian banks

Canadian banks

All banks

Deposit limit

Depending on your bank limit

Up to 100,000 USD per 7 business days

Depending on your bank limit

Withdrawal hold*

 

Hold period is 3 business days after the funds arrive in your account

Hold period is 5 business days after the funds arrive in your account for any withdrawal to the originating bank account

Hold period is up to 66 business days after the funds arrive in your account for any withdrawal to another bank account.

Hold period is 3 business days after the funds arrive in your account

Help Center articles

How to deposit funds via online bill payment

How to deposit funds via EFT

How to deposit funds via wire transfer

*Note: Once funds are deposited in your account, a hold will be placed on the funds for a period of time. During this hold period, some withdrawal requests can not be processed.

 

Bank Transfer Notes

●The name on the bank account must match the name of the brokerage account. If the names don't match, the deposit won't be accepted, and any fees will still be incurred. Additionally, corporate bank accounts can not be used to transfer funds to Moomoo CA.

●If you haven't received your funds after 5 business days, please contact our customer service. Go to Me > Customer Service, on the moomoo app.