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$Crude Oil Futures(APR5) (CLmain.US)$ What are the differenc...
$Crude Oil Futures(APR5) (CLmain.US)$ What are the differences between trading crude oil products on moomoo and MT5, and how much capital do I need to trade? I want to transfer funds from XM platform.
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Moomoo Buddy : Hello, to trade futures, you need to complete the following steps:
1. Open a futures account: Customers who have opened a Moomoo SG integrated account can open a futures account by following the steps below.
Enter the specific futures contract code code in the search bar of the app, click to enter its “Detailed Price Information Page”, then click the “Trade” button at the bottom to enter the account opening process.
2. Complete fund transfer: Only fund transfer is supported so that futures accounts have sufficient funds to trade.
Path: In the app, click “Account - Transfer - Fund Transfer - Moomoo Securities (Singapore) Fund Transfer - Select USD - Transfer In/Out Account Select futures Account”
3. Order transaction
Click “Account - More - Trade” and enter the contract code to be traded. You can first go to this futures trading page and enter your trading account. As long as you have enough margin, you can open a position.
For details, please click on the following link:
How to trade futures-moomoo help center