Moomoo Securities Malaysia announces that investors can now trade stocks, ETFs,REITs, Structured Warrants and DLCs from the Singapore Exchange (SGX) directly through the moomoo app.
The integration of SGX trading services is complemented by robust educational resources aimed at helping investors understand the nuances of international markets and make informed decisions. This initiative is designed to facilitate a more inclusive investment environment, allowing users to diversify their portfolios with high-potential stocks from Singapore’s
dynamic market.
Ivan Mok, CEO of Moomoo Malaysia, articulated the broader vision driving this expansion: “Our goal has always been to democratise investment opportunities for Malaysians. By integrating SGX offerings into our platform, along with our market insights, tools and educational resources, we are enabling our users to tap into a diverse and robust market, thereby fostering more informed and strategic investment decisions. This is a significant milestone in our journey to enhance financial inclusivity and literacy among Malaysian investors.”
This expansion kit said not only benefits investors but also offers significant advantages to listed companies. More and more SGX-listed companies are turning to Moomoo to reach our extensive regional base of investors. Moomoo’s Investor Relations (IR) solutions for SGX- listed companies have been gaining traction, providing these companies with unparalleled access to a broader investor base in the region.
Moomoo Malaysia’s expansion to the SGX also features a competitive pricing structure on trades, including 0% commission*, significantly lowering the cost barriers for investors.
With over 300,000 users since its launch in February 2024, Moomoo Malaysia has rapidly become the No. 1 downloaded financial app in Malaysia as of April 2024. The platform was recently awarded the ‘Best Up and Coming Digital Investment Platform’ in Malaysia at the recent PC.com 2024 Readers Choice Award. This growth, in a short span of 5 months, is a clear indicator of the platform’s success in transforming the investment landscape by providing unparalleled access and resources to investors.