Moomoo SG KOL Welcome Rewards T&Cs -- April to July 2024

Campaign Period 

The campaign will commence from 1/4/2024 at 10:00PM SGT - 1/7/2024 at 9:59PM SGT** (“Campaign Period”).

Eligibility for Activity Participation

• New users who have never opened a Moomoo SG universal account and/or deposited funds before 10:00PM SGT on 1/4/2024.

• During the event period, any portfolio transfer will be considered as an existing client, and will not be eligible to receive rewards intended for new clients.

Activity Summary

When new users complete tasks, they can get corresponding rewards, such as free stock/ cash coupons and free real-time quotes.

Welcome Rewards worth up to S$990

#Stocks are given in fractional value 0.05 shares of AAPL, 0.01 shares of NVDA, 0.05 shares of TSLA, 0.2 shares of SE, and 1.7 shares of NIO as of 29/2/24, which is equivalent to around US$10/share.) 1 share of AAPL is US$181.42.

The 5 US fractional shares from the Stock Bundle are selected based on the top 5 traded stocks on the moomoo platform 3 months prior from 19/09/2023.

The promotion is in no way sponsored, endorsed or administered by, or affiliated with Nvidia, Tesla, Apple, Sea, NIO and their subsidiaries.

All logos and brands referenced on the website are for identification purposes only and remain the property of their respective owners and do not represent endorsements of any kind.

Asset frozen/ maintainance period is considered from the time rewards are credited into the Moomoo SG Universal account.

**Campaign period may be extended subjected to Moomoo SG's discretion.

* Other fees related to U.S. stocks, such as regulators, exchanges, and upstream institutions, may still be charged. Unless otherwise specified, U.S. stocks refer to stocks and ETFs listed on U.S. exchanges. If the user enjoys this fee and discount, it cannot be used in combination with other rates. 

Although transactions are commission-free during the promotion period, please note that platform fees are charged per order. This is to enable Moomoo SG to continue to improve the user experience, such as improving our technology, providing free market data, creating better analytical tools to improve our platform so that we can serve our users better.  Moomoo SG also charges other fees such as GST and regulatory fees.

For more details on this fee adjustment, please visit the Fees page.

Reward 1:

New users who successfully open Moomoo SG universal account after 10:00 PM SGT on 1/4/2024** can get (i) Lifetime commission-free in the U.S. stock market

(ii) 1 Year commission-free for SG market (includes only stocks, etfs and reits) (iii) Commission-free on US options for up to 100 contracts every month (up till 31/08/2024)

(iv) Commissions for US treasuries and SGS bonds will be waived (up till 30/06/24)

(v) Free Level 2 US stock market data for life (worth US$6.99/month).

(vi) Limited time access to free Level 2 SG Market Data (worth US$69.99/month). Effective till 31/12/2024.

(vii) Free Level 1 Hong Kong market data (worth US$9.90/month)

(x) Free Level 1 China A-share market data (vii) Moomoo Cash Plus 6.8% p.a. Guaranteed Returns worth up to S$447^ (Applicable to the first S$80,000/US$60,000 subscription, valid for 30 days only)^S$447 includes original fund return and extra returns from Moomoo SG)

Calculation breakdown:

 (6.8%/ 365)*Maximum holding period*Maximum Holding (6.8%/365)*30*S$80,000 = S$447.12

Note:

Utilisation of the Cash Plus SGD direct withdrawal feature will result in a direct deduction from the SGD money market fund with the lowest 7-day yield. If client's Moomoo Cash Plus holding for the 6.8% p.a. campaign falls under the SGD fund with the lowest 7-day yield, there will be a direct redemption from the fund subscribed to 6.8%p.a. and in turn affect your final return rewards earned under the promotion.

Reward 2:

Eligible for users who sign up for a Moomoo SG universal account through KOL's referral link/ QR Code.

Please note that customers who have deposited a cumulative amount of at least S$100 (or equivalent currencies) and perform 1 buy trade before 8/7/2024 at 9:59 PM SGT** will receive S$2 everyday for 10 days (worth S$20)

Buy trade is defined as the action of buying stocks, options, ETFs or funds only. Selling of stocks, options, ETFs or funds is not considered as a buy trade. The minimum trade amount per transaction needs to be at least S$1.

To receive the S$20 Cash Coupon, user needs to deposit and maintain daily assets (cash, stocks and other assets included) of S$100 (or equivalent currencies) for 10 days.

Reward 1, 2, 3, 4 and 5 are stackable.

Reward 3:

Please note that customers who have deposited a cumulative amount of at least S$3,000 (or equivalent currencies) and perform 3 cumulative buy trades before 8/7/2024 at 9:59 PM SGT** will receive 1 x Stock Bundle#: AAPL, NVDA TSLA, SE, NIO (worth S$70. Based on conversion rate of 1.34 on 29/2/2024). The reward value will fluctuate based on market conditions. 

Buy trade is defined as the action of buying stocks, options, ETFs or funds only. Selling of stocks, options, ETFs or funds is not considered as a buy trade. The minimum trade amount per transaction needs to be at least S$1.

To receive the 1 x Stock Bundle , user needs to deposit and maintain daily assets (cash, stocks and other assets included) of S$3,000 (or equivalent currencies) for 30 days. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount. 

In order for the reward to be credited into your account, re-enter the activity page and click [Claim]" any rewards not claimed past 7 trading day window period after the "campaign period" will be forfeited.

Reward 1, 2, 3, 4 and 5 are stackable.

Reward 4:

Please note that customers who have deposited a cumulative amount of at least S$10,000 (or equivalent currencies) and perform 8 cumulative buy trades before 8/7/2024 at 9:59 PM SGT** will receive 3 x Stock Bundle#: AAPL, NVDA TSLA, SE, NIO (worth S$210. Based on conversion rate of 1.34 on 29/2/2024). The reward value will fluctuate based on market conditions. 

Buy trade is defined as the action of buying stocks, options, ETFs or funds only. Selling of stocks, options, ETFs or funds is not considered as a buy trade. The minimum trade amount per transaction needs to be at least S$1.

To receive the Stock Bundle, users need to deposit and maintain daily assets (cash, stocks and other assets included) of S$10,000 (or equivalent currencies) for 90 days. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount.

In order for the reward to be credited into your account, re-enter the activity page and click [Claim]" any rewards not claimed past 7 trading day window period after the "campaign period" will be forfeited.

Reward 1, 2, 3, 4 and 5 are stackable.

Reward 5:

Please note that customers who have deposited a cumulative amount of at least S$100,000 (or equivalent currencies) before 8/7/2024 at 9:59 PM SGT** will receive 1 x AAPL stock worth S$243. Based on conversion rate of 1.34 on 29/2/2024). The reward value will fluctuate based on market conditions. 

To receive 1 x AAPL stock, user needs to deposit and maintain daily assets (cash, stocks and other assets included) of S$100,000 (or equivalent currencies) for 90 days. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount.

In order for the reward to be credited into your account, re-enter the activity page and click [Claim]" any rewards not claimed past 7 trading day window period after the "campaign period" will be forfeited.

Reward 1, 2, 3, 4 and 5 are stackable.

Frequently Asked Questions - New Users

How do I get 1 Year Commission-Free for SG Market?

1. The 1 year commission-free card for SG market will be issued to "Coupons" on the app.

2. The 1 year commission-free card will be used automatically, you will be able to enjoy free commission for SG market (includes only stocks, etfs & reits) when trading.

How do I get 6.8% p.a. Guaranteed Returns?

1. New users who sign up before 10:00 PM SGT on 1/7/2024 can enjoy a 30-day 6.8%p.a. on any selected funds of Moomoo Cash Plus, applicable to the first S$80,000. Any additional subscription above S$80,000 will earn the original fund return. Minimum subscription amounts into Cash Plus is S$0.01/US$0.01.

2. During a negative 7-day yield period, the position in either funds invested will be automatically liquidated. Users will still be entitled to the full 6.8% p.a.cash rewards guaranteed by Moomoo SG.

How do I get 1 Stock Bundle (AAPL, NVDA TSLA, SE, NIO)?

1. Deposit a cumulative amount of at least S$3,000 and perform 3 cumulative buy trades to 1 x Stock Bundle# (worth S$70). Subsequently, you may deposit an additional of S$7,000 on top of the S$3,000 and perform another 5 cumulative buy trades to receive 3 x Stock Bundle# (worth S$210).

2. After the conditions are met, you will need to click "Claim" on the landing page and the corresponding Stock Bundle will be issued to [ME] > [My Reward].

3. The first Stock Bundle will remain frozen until the assets have been maintained for 30 days and the subsequent 3 Stock Bundle will remain frozen until the assets have been maintained for 90 days. Upon satisfying the designated conditions, the Stock Bundle will be automatically unfrozen and deposited into your Moomoo SG universal account.

What is the value of 1 Stock Bundle (AAPL, NVDA TSLA, SE, NIO)?

The Stock Bundle is given in fractional value (0.05 shares of AAPL, 0.01 shares of NVDA, 0.05 shares of TSLA, 0.2 shares of SE, and 1.7 shares of NIO as of 29/2/24, which is equivalent to around US$10/share.)

The total value of 1 x Stock Bundle is worth S$70. Based on conversion rate of 1.34 on 29/2/2024. Please note that the final rewards worth in value will fluctuate according to market conditions.

I opened a Moomoo SG universal account before the campaign period, but I have not yet deposited funds. Am I still eligible for this event?

Existing users who have successfully opened a Moomoo SG universal account before 10:00 PM SGT on 1/4/2024 and have not successfully deposited any amount into their Moomoo SG universal account will be eligible to receive deposit rewards.

I deposit other equivalent currencies, is it possible?

You can only deposit in the following currencies: SGD, USD & HKD.

For Reward 2: S$3,000 / US$ 2,222 / HK$ 17,220

For Reward 3: S$10,000 / US$ 7,407 / HK$ 57,400

For Reward 4: S$100,000 / US$ 74,074 / HK$ 574,000

Based on conversion rate of 1.34 for USD and 5.74 for HKD on 29/2/2024.

How to qualify for 6.8% p.a. Moomoo Cash Plus guaranteed returns reward?

Moomoo SG offers a 30 days 6.8% p.a. guaranteed return on any choice of money market fund of Moomoo Cash Plus. The minimum subscription amount to enjoy 6.8% p.a. Moomoo Cash Plus guaranteed returns is S$0.01/ US$0.01 and the maximum subscription amount is S$80,000/ US$60,000. Clients may choose to invest in their preferred money market fund.

Moomoo SG will top up the difference in the form of cash coupon issued at the end of the enjoyment period to ensure that eligible clients receive a guaranteed return of a 6.8% p.a.

With a maximum subscription of S$80,000, you can receive up to S$447, which includes the original fund return and the top-up from Moomoo SG.

You can subscribe to either USD Cash Plus or SGD Cash Plus. Depending on your choice of fund, 6.8%p.a guaranteed return will apply to the first S$80,000 and its equivalent in other currencies (S$80,000/ US$60,000).

Moomoo SG only guarantees up to 30 days 6.8%p.a. return. Principal amount is not guaranteed.

When does the 30 days begin?

The 30 days term will commence upon your verification of your subscription by our team which happens around 1-2 working days after you have initiated your subscription. For example, your subscription into Moomoo Cash Plus has been verified on 3/4/2024, your final day of enjoyment for 6.8% p.a. guaranteed returns will be on 2/5/2024.

If you choose Fullerton SGD Liquidity Fund or CSOP USD Money Market Fund and subscribe before 9:00AM SGT. on the same day, the returns will be confirmed on the same day. If you subscribe after 9:00AM SGT. on the same day, the returns will be calculated from the next day. If you choose the Fullerton SGD Cash Fund and subscribe before 12:00PM SGT. on the same day, the shares will be confirmed on the next day. And if you subscribe after 12 PM SGT. on the same day, the shares will be confirmed on the 3rd day. In the event of public holidays, the event will begin on the next trading day.

When do I need to complete my buy trade tasks?

Upon registeration on the event page and completing your deposit, you must complete a specified amount of buy trades (include buying stocks, options, ETFs or funds only) before 9:59PM SGT, 8/7/2024.

How is the extra 6.8% p.a. return calculated?

Daily Extra Return = Daily Holding * (6.8% – Daily Yield of the Cash Plus Fund Selected by the Client) * 30 / 365. The total extra returns will be credited to your Moomoo SG universal account in a lump sum in the form of a cash coupon within seven business days after the end of the 30-day enjoyment period.

Do I need to complete the subscription on the event page?

No, you do not need to complete the subscription on the event page. Once you have registered during the Campaign Period, you can purchase Cash Plus via the app directly. 30-day 6.8% p.a will apply to the first S$80,000 and its equivalent in other currencies and to only the first choice of fund that you have subscribed to under Moomoo Cash Plus.

Can I withdraw my money at any time?

You can redeem your investment in the fund at any time, but the 30-day enjoyment period countdown will not be paused. Your first subscription into Moomoo Cash Plus activates the 30-day period with a 6.8% p.a. guaranteed return, and you can redeem or increase your holding to the maximum subscription at any time during this period. Enjoyment period ends after 30 days and total top up returns from Moomoo SG based on your daily subscription value within this 30 days will be calculated. Top up will be credited into your Moomoo SG Universal Account in the form of cash coupon within the next 3 working days.

Can I resubscribe again after full redemption?

Your initial subscription activates the 30-day extra return period, which continues to count down even after selling your position. As long as you are still within the 30-day period, you may resubscribe to the same chosen fund and benefit from the remaining extra return period.

What happens when the 30-day extra return period ends?

When the 30-day extra return period ends, you will no longer enjoy the extra returns, but you can continue to receive earnings from the fund itself. The extra returns will be credited to your account within 7 business days after the extra returns period.

What happens if the selected funds generate negative returns?

During times of negative returns for seven consecutive days, the fund will be automatically liquidated. However, Moomoo SG will still provide you with the guaranteed return of 6.8% p.a., 30-day period based on your daily subscription value and holding days.

Which funds are included in the 6.8% p.a. returns?

The three eligible funds are CSOP USD Money Market Fund, Fullerton SGD Liquidity Fund, and Fullerton SGD Cash Fund.

Other promotions 

Invitation rewards, see here . 

Conditions and Disclaimers

1. The rewards and offers in this campaign/promotion (“Campaign/Promotion”) are provided by Moomoo Financial Singapore Pte. Ltd. ("Moomoo SG”), a wholly-owned subsidiary of Futu Holdings Limited. By participating in this Campaign/Promotion, you undertake to have carefully read and agree to be bound by the terms and conditions of this Campaign/Promotion (“Terms and Conditions”), as well as the terms and conditions of the existing Client Agreement. Moomoo SG has the final decision on the eligibility of participants in this Campaign/Promotion.

2. Moomoo SG reserves the right to: (i) amend these Campaign/Promotion Terms and Conditions at any time without prior notice to you, and (ii) change, withdraw or terminate any offer or reward without disclosing the reason and without making compensation or remuneration. Any adjustments or decisions made by Moomoo SG in connection with this Campaign/Promotion shall be binding on all participants.

3. Currently, Moomoo SG limits sign-ups to a limited group of nationalities. Please click on the drop-down box during your account opening process to see if your nationality is available on the list.

4. You shall be responsible for any telephone, internet and other charges that may be incurred.

5. You can only open one universal account with Moomoo SG. Moomoo SG does not allow one person to open a universal account on behalf of another person (i.e. non-beneficial owners are not allowed to open accounts). Please do not open the universal account if you are not the ultimate beneficial owner. If your universal account shows signs of fraud, abuse, or suspicious activity, such as the use of multiple accounts or devices, Moomoo SG may, at its sole discretion, confiscate your reward entitlements and limit your opportunities to participate in future Campaign/Promotion.

6. Each device, whether mobile or computer, can only receive one set of account opening bonus, deposit bonus and/or referral bonus. The same user can only be invited once. The same moomoo account, the same mobile phone number, and the same device are all regarded as representing the same user.

7. By participating and clicking on claim, you have agreed to be bounded by the terms and risk disclosure for  US Fractional Shares Trading

8. In Singapore, the investment products available through the moomoo app are offered by Moomoo Financial Singapore Pte. Ltd., a dealer licensed by the Monetary Authority of Singapore. Moomoo SG is a licensed entity registered with the Monetary Authority of Singapore (MAS) (License No..CMS101000). The moomoo App is a trading platform provided by Moomoo Technologies Inc., a subsidiary of Futu Holdings Limited. Nothing in connection with this Campaign/Promotion shall be construed as an offer, invitation or recommendation to buy or sell securities, futures or other investment products. Moomoo SG does not provide investment advice and does not recommend any securities or transactions. All types of investments involve risk, and you may suffer losses. All information and data on the webpage are for informational purposes only. Past performance is no guarantee of future results. This Campaign/Promotion does not consider your investment objectives, financial situation or financial needs.

9. In the event of any inconsistency between these Terms and Conditions and any advertising, promotion, promotional and other materials relating to or in connection with this Campaign/Promotion, these Terms and Conditions shall prevail.

10. Moomoo SG shall not be responsible for any injury, loss or damage suffered as a result of, or in connection with the Campaign/Promotion and/or redemption or use of the prize/rewards howsoever arising, including but not limited to, fulfilment of the prizes/rewards, any breakdown or malfunction in any computer system or equipment, any notice which is misdirected and/or lost in the post, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties howsoever arising whether in contract, tort, negligence or otherwise. For the avoidance of doubt, cancellation, suspension or termination by Moomoo SG of this Campaign/Promotion shall not entitle any party to any claim or compensation against Moomoo SG for any and all losses or damage suffered or incurred directly or indirectly resulting therefrom.

11. Any trademarks, graphic symbols, logos or intellectual property contained in any materials relating to this Campaign/Promotion, particularly in connection with the rewards/prizes, are the property of their respective owners. Moomoo SG does not provide any financial advice, endorsement or sponsorship of its products or services.

12. This Campaign/Promotion is not eligible to users whose names are on the "Moomoo SG Event Participation Ban List". If a user repeatedly violates safety rules of Moomoo SG, their name will be added to the "Moomoo SG Event Participation Ban List".

13. Should a user not fulfil all the stated conditions of this Campaign/Promotion, Moomoo Financial Singapore Pte. Ltd. reserves the right to cancel any delivered rewards, including commission-free trading for US/SG stocks, gift stocks, Level 2 US market data, Level 2 SG market data, Level 1 China-A share market data and Level 1 HK market data. Commissions and fees will then be charged by Moomoo Financial Singapore Pte. Ltd. as per normal standards.

14. The fee adjustment such as the US stock commission-free fee is applicable to (i) Singapore citizens; or (ii) non-Singapore citizens residing in Singapore with a valid proof of address which can be either a bill or bank statement within the past 3 months prior to opening the account, or the Singpass residential address in Singapore (if using Singpass for account opening); or (iii) other eligible clients confirmed by Moomoo SG. This fee adjustment applies only to individual clients. Moomoo SG reserves the right to change to whom (eligible clients) this fee adjustment applies.

15. While Moomoo SG guarantees up to 30 days 6.8% p.a. extra return, there is no assurance that Moomoo SG will be able to fulfill its obligations under such guarantee should an unforeseen event affect the going concern of the company.

16. Where forced liquidation occurs during the event period, subsequent fund yield movements will no longer be monitored by Moomoo SG. Moomoo SG will not automatically initiate any forms of re-subscription after the force liquidation, and you will not be able to re-invest into the underlying fund during the negative 7-day annualized yield period. Should you wish to re-invest into the same fund when it reaches back to a positive 7-day annualized yield, you shall monitor the market conditions on your own. Should another negative 7-day annualized yield occur during the reinvested period, the same forced liquidation will happen. Moomoo SG will still guarantee 6.8% p.a. return rewards as long as the user has a positive position during the remaining holding period.

17. This advertisement has not been reviewed by the Monetary Authority of Singapore.

18. If you have any questions, please contact our online customer service team. This campaign has nothing to do with any company and its affiliates that are rewarded with shares.