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are deposits in this fund guaranteed by moomoo?

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  • meowmeow66 : This is what is written on the official website: Moomoo Securities Malaysia Sdn. Bhd. (formerly known as Futu Malaysia Sdn. Bhd.) ("Moomoo MY") is the holder of a Capital Markets Services License ("CMSL") (License No: eCMSL/A0397/2024). For more information about Moomoo Securities Malaysia Sdn. Bhd. ("Moomoo MY"), please refer topublic SC register.

    You can also directly ask the online customer service

  • Moomoo Buddy : Hi there, As Moomoo MY is a member of CMC Fund, eligible investors are granted under CMSA to claim up to RM100,000 in the event Moomoo MY is unable or is likely to be unable to pay its debts due to fraud, defalcation or mis-selling which leads to insolvency. Please refer to Capital Market Compensation Fund Corporation for more info. Thanks.

  • XCON OP Moomoo Buddy : means nobody should deposit more than rm100k in funds into moomoo. thank you.

  • Moomoo Buddy XCON OP : Hi!  Absolutely, you should only invest an amount that you're comfortable with and that aligns with your financial goals and risk tolerance. It’s important to make investment decisions that you feel secure about. If you have any specific concerns or need further clarification on our services, please let us know. We're here to help ensure that your experience with Moomoo is positive and meets your expectations. Thank you for your trust in us, and have a great day!

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