Stay Updated: the latest momooMY features and events!
Hey everyone, the long-awaited moomoo is finally live in Malaysia starting March!!![]()
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Now you can invest in both the US and Malaysian markets with just one account!![]()
This article will introduce moomoo MY's current capabilities and the rewards for users who open accounts with moomoo MY. Stay tuned for continuous updates!![]()
This info was first updated on April. 1, 2024. To get the latest updates, feel free to join our Learn to Earn official teaching group, open to all registered Malaysian users.
1. Opening Accounts and Depositing Funds in moomoo MY
To open an account: Click on this link https://j.moomoo.com/00JlEE, hit "Open Account", and submit the necessary info. Approval usually takes 1 business day, max three, and you'll be notified by email once it's done.
To deposit: you can deposit funds via Bank Transfer. App>>Account>>Transfer>>Deposit Funds>>Bank Transfer, only available in MYR now. For USD, you can use the "Currency Exchange" feature in moomoo.
2. Trading on Moomoo MY
Trading categories: USD assets include US stocks and ETFs; MYR assets include MY stocks, ETFs, REITs, and Structured Warrants.
Other markets and categories are in the pipeline. Cici will keep you posted on new trading features, and we welcome feedback to update and improve our offerings.
Other markets and categories are in the pipeline. Cici will keep you posted on new trading features, and we welcome feedback to update and improve our offerings.
Fractional share trading: Currently, only MY stocks are supported for fractional share trading. For odd lots less than a board lot, head to the Stock page, click "Trade," and select "odd lot order" in the Order type.
Fee schedule: Check out the moomoo MY fee schedule at moomoo.com/my/s...
or in your moomoo app>> account>> more>>my fee.
New deposits can enjoy 180 days of commission-free trading. See: moomoo.com/my/p...
or in your moomoo app>> account>> more>>my fee.
New deposits can enjoy 180 days of commission-free trading. See: moomoo.com/my/p...
3. Account Types and Operations in moomoo MY
The account type currently available is a universal margin account. Universal means one account for both the US and MY markets. Margin differ from cash accounts as it allow margin trading (US stocks only). If you prefer not to use margin, you can just place cash orders.
The same rules apply to US and MY stocks: trades are T+0, meaning you can buy and sell on the same day; settlement is T+2, meaning funds from sold positions are available after settlement.
4. Ongoing events on moomoo MY
We have great bonuses for opening an account, depositing funds, making your first trade and referring friends to open an account! Just check it out below.![]()
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1) Opening an account
2) Depositing funds
After you have made the deposit, go back to the activity page to claim the reward, the system will send it to your account within 1 working day, check it in My Rewards. Maintain RM500 funds for 30 days to activate the cash coupon for use in trading.
The reward will be issued to your account within 1 working day after the deposit has been made, go back to the activity page to claim the reward, and check it out in My Rewards. Keep RM10,000 funded for 60 days (You can trade during this period, as long as you don't make a withdrawal) to activate the reward.
3) Making the first trade, users who have not traded on Moomoo MY before the event started. Enter the activity page, within 10 natural days of the countdown prompted on the page, complete 1 regular stock or ETF buying transaction task for Malaysian or US stocks, and receive 1 unit of RM1 cash coupon reward (limited to 1 times of claim only).
4) Referral campaign, before April 30, 2024, for every referral's first deposit of RM500, you can get RM100, and the partner can enjoy the new customer activities. Reward ceiling RM2000. Refer friends to Trade on Moomoo Malaysia
Rules: moomoo.com/my/s...
5) Premium Learn, Deposit RM500 in total before April 15, 2024, unlock premium learn program for daily lessons to boost your investment skills. here are 150+ premium contents and a in-app chat group where cici will updates market news and learn materials every day.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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小仙家 : It should be coins, not US dollars.
Invest With Cici OP 小仙家 : thanks for pointing out. It should be a problem with machine translation, the original text said RM8000.
Power_MY : I had opened and deposited into the account, but any idea why the commission still show as 0.03% instead of ‘commission-free’ for 180days like what advertised?
Invest With Cici OP Power_MY : here is the rule. Maybe need you to claim it in “My Reward”
Power_MY Invest With Cici OP : I don’t see anything in My reward either.
我系李生 : After my friend sign up with my referral, is he still can team up with another person to join the campaign to get apple stock?
Invest With Cici OP Power_MY : sorry for late reply, got it now, right?
Power_MY Invest With Cici OP : Yes. All set now.
Invest With Cici OP 我系李生 : The user who opens an account through your referral link you will receive a bonus, and he/she can participate in the deposit activity after opening an account, it is a new customer activity or TEAM UP activity, depending on whether the one is a previous account with an open moomoo SG i thought.
Invest With Cici OP Wai Kiat 88 : Sure can be traded, you can check it out on the new customer activity rules in the post.
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