Why does Moomoo have such limited features?
According to the position ratio, fast deposit has been requested for nearly a year and has not been resolved.
Without the functionality of portfolio options, it is impossible to hedge options and reduce risks.
Without the ability to sell first and buy later, or sell at high prices first, it is impossible to take short-term positions on a stock that is viewed as bullish in the long run, because once you sell the stocks, you will be subject to taxes.
Currently, it seems that besides market monitoring, I cannot find any other advantages of Moomoo.
I'm thinking that this company's stock price has been skyrocketing, but there hasn't been any improvement in user experience and software. Are they really marketing the United States as a domestic market?
Without the functionality of portfolio options, it is impossible to hedge options and reduce risks.
Without the ability to sell first and buy later, or sell at high prices first, it is impossible to take short-term positions on a stock that is viewed as bullish in the long run, because once you sell the stocks, you will be subject to taxes.
Currently, it seems that besides market monitoring, I cannot find any other advantages of Moomoo.
I'm thinking that this company's stock price has been skyrocketing, but there hasn't been any improvement in user experience and software. Are they really marketing the United States as a domestic market?
The only reason I continue to use Moomoo is because the time cost of transferring to another brokerage is too heavy. This development team is simply...![]()
My posts will be restricted again, and no one can see them. But I personally will slowly transfer my positions out of this brokerage platform. The inability to hedge and short-term market fluctuations could result in losses of tens or even hundreds of thousands. Can't believe no one has mentioned these issues. Am I the only one with this need? Or do people who trade options not use this software at all? Truly a pig on the cusp of a trend, it can fly without even moving. Admirable, admirable...
My posts will be restricted again, and no one can see them. But I personally will slowly transfer my positions out of this brokerage platform. The inability to hedge and short-term market fluctuations could result in losses of tens or even hundreds of thousands. Can't believe no one has mentioned these issues. Am I the only one with this need? Or do people who trade options not use this software at all? Truly a pig on the cusp of a trend, it can fly without even moving. Admirable, admirable...
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JanetS : Hello, Thank you so much for your suggestions and questions. The US market is a market that the Moomoo team attaches great importance to. In 2020, we raised the maximum instant purchasing power limit for deposits to $2000, speeding up the payment speed of most deposits (2-3 working days). It is expected that in 2021, we will further increase the maximum purchasing power of deposits, and capabilities such as Covered Call will be launched this year. Tax-related functional optimization is also within our plans, but it may be a little slower due to the underlying modifications involved. We're going to be a little faster this year!
Moomoo Lily : Hello, I checked the situation with my colleagues here:![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
We have begun to promote the capacity building of US stock guarantee (Covered Call). It is expected that Q1 will open up the ability to combine covered call options to a small number of customers, and expand and launch more options strategies one after another in 2021;
Features related to FIFO LIFO are also being planned, but due to major changes, it is expected that it will take a relatively long time.
Thank you for your feedback and support