Hi, Anyone using moomoo account for US trading while in Aust...
Hi,
Anyone using moomoo account for US trading while in Australia? If so, does moomoo charge huge conversion fee from aud to usd? Thanks for any info!
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Trading or Investing, there’d be risks!! Sometimes will need to believe your gut feelings, mark it!
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Capoo : No, there is no fee. But conversion rate depends on your broker, e.g. webull's rate is much better than moomoo
152485085 Crazy Kiwi : No charge
A Risky Ride OP Capoo : Thanks Capoo
Yeah, I tried converting aud 2000 to usd and it shows usd 1288; while some other apps shows much better rates!!
151364853 : Trust me. The currency rate is not good in moomoo. If you change usd to aud back, you will lost hundreds
Remoortel : You can take a look at this Fees-moomoo Help Center
151822629 151364853 : You are right, I guess they have to make money somewhere. It’s just not transparent by offering low commission and awful exchange rate