Moomoo MY Stock Rewards (i.e. free stocks) is a benefit module designated for our users. You may get different free stocks by participating in our stock giveaway events in the moomoo app.
Please keep up with the stock giveaway events in the moomoo app. By participating in these events, you can have a chance to get free stocks.
You can check your free stocks in the moomoo app via "Accounts" > "Stock Rewards". After you claim your free stocks, you will find them in your universal account. (To ensure you will find them, please use the latest version of the moomoo app.)
You can claim free stocks "directly " or "by completing specified tasks". (1) To "directly" claim free stocks, you need to open a universal account. (2) You can also claim free stocks "by completing specified tasks". In this case, you will need to open a universal account before you can complete specified tasks. These tasks vary with events, and appear on the "Stock Rewards" page.
After you claim your free stocks successfully, Moomoo MY will credit them to your universal account within 5 trading days (T+5), and you will be able to trade them once they arrive. Please check your universal account for any changes in your position or check the progress via "Stock Rewards"> "Records".
The conditions for claiming and using a stock may differ depending on the rules for specific events. You need to read the rules for each event carefully to identify the differences in the conditions as well as the validity period.
Some tasks involve a deposit, asset maintenance, and frequency of trades. After you complete a task of this kind, it will take 2-5 trading days to settle the stock rewards due to the difference in settlement periods for different markets.
The validity period is the time frame during which you need to complete the task required to meet the conditions for claiming free stocks, have the "Claim" button lit up, and claim the stocks. If you fail to finish the required task within the validity period, or if you completed the task but did not claim the stocks, you will not get the stocks.
The cost is for the stocks’ market price at the time you claimed them. It is only for your convenience to know your profit and loss on these stocks, and is not a real expense.
In principle, as long as an actual trade is completed, trade-related fees will be charged, regardless of the number or the source of the traded stocks. Arrears may occur if you don't have sufficient funds in your account. For example, if you sell an odd lot for $30, but the commission, stamp duty, and other fees cost $35, you will owe $5 which is subject to interest. For specific rates, please refer to the official fee schedule.
Free stocks from Moomoo MY and related advertisements do not constitute an offer, solicitation, advice, opinion, or any guarantee of any securities, financial products, or instruments by Moomoo MY. Investment involves risk and you should exercise caution when making an investment decision. Free stocks have no relationship with the corresponding companies. In case of any dispute, event organizers reserve the right of final interpretation.
This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal.