Moomoo Singapore Help Center-moomoo Welcome Rewards – March 2022
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moomoo Welcome Rewards – March 2022

Campaign Period 

The campaign will commence from 28 February 2022 at 10:00 SGT and end on 13 April 2022 at 09:59 SGT (「Campaign Period」).

Campaign Eligibility 

Users who have not opened a moomoo SG securities account and/or deposit before 28 February 2022, 09:59 SGT.

Campaign Summary  

New users will be rewarded with different entitlements such as free stock cash coupons, commission-free trading and free access to market data for completing different tasks. 

Welcome Rewards worth around SGD 200*

Tasks 

Rewards 

Register for a moomoo ID 

(i) 180 days unlimited commission-free trading for the US, HK & SG stock market  

Successfully open a moomoo SG Securities Account  

(i) Free access to real-time Lvl 2 Market Data for the US stock market 

(ii) Free access to real-time Lvl 1 Market Data for the SG stock market  

(iii) Free access to real-time Lvl 1 Market Data for China A Shares market

First Deposit of^  

SGD 1 to SGD 2,699

(i) SGD 30 Stock Cash Coupon Bundle

SGD 2,700 & above

(i) SGD 30 Stock Cash Coupon Bundle

(ii) 1 Sea Limited (SE.US) share worth around SGD 170*#

Referral Programme

(i) SGD 100 Stock Cash Coupon Bundle for every friend referred successfully. Friend must have made their first deposit of at least SGD 2,700 in their moomoo SG securities account before 9 March 2022, 17:59 SGT to be considered a successful referral.

Users can refer up to 20 friends and redeem up to SGD 2,000 worth of Stock Cash Coupon Bundle.

(ii) 1 NIO (NIO) share for every friend referred successfully from 9 March 2022, 18:00 SGT to 31 March 2022, 09:59 SGT. Friend must have made a first deposit of at least SGD 1 to be considered a successful referral. No redemption limit.

* Reward value is as of 28 February 2022. This campaign is not related to Sea Limited and its subsidiaries.

# Please note that the Sea Limited share(s) will be automatically allocated within 3 business days after new users have made their first deposit of SGD 2,700/ USD 2,000/ HKD 16,000, but the status of the Sea Limited share(s) will remain frozen. To ensure the successful redemption of the Sea Limited share(s), new users MUST maintain a daily asset balance of SGD 2,700/ USD 2,000/ HKD 16,000 for 30 days from the day of share(s) allocation; assets include cash and stock positions etc. A 20% decrease in total asset value from stipulated amount will be allowed. The allocated Sea Limited share(s) will only be activated upon meeting the above conditions for 30 days and will be unfrozen within 5 business days after the 30-day holding period. Otherwise, the new user will not be entitled to the Sea Limited share(s) and the share(s) will be removed from your moomoo SG securities account within the next 7 business days. Should you have any queries, please chat with our Customer Support team.


Frequently Asked Questions 

How do I get my free Sea Limited share & stock cash coupon bundle?  

1. Open your moomoo SG Securities Account as soon as possible! It takes 1-2 business days for the approval process.  

2. After your moomoo SG Securities Account has been successfully opened, make your first successful deposit of SGD 2,700 or USD 2,000 or HKD 16,000 into your account by 13 April 2022, 09:59 SGT. It takes about 15 minutes if you are using Instant Deposit via DDA, or 1-3 business days if you are using bank transfer!  

3. Once your first deposit is successfully settled into your moomoo SG Securities Account, you will receive 1 Sea Limited Share and your Stock Cash Coupons Bundle in your 「Coupons」 page within 1-3 business days!  

I opened an moomoo SG securities account before the campaign period but have not deposited. Am I still eligible for this campaign?  

Existing users who successfully opened a moomoo SG Securities Account and did not successfully deposit any amount into their moomoo SG securities account before 09:59 SGT on 28 February 2022 will be eligible for the deposit rewards within the campaign period. 

Can I deposit in other currencies instead?  

You can choose to deposit SGD 2,700 or USD 2,000 or HKD 16,000 into your securities account. 

How will the rewards be credited to me?  

Users will need to download the moomoo mobile app on either Apple App Store or Google Play Store and log in to receive the rewards .  

Reward

Credit Method & Reward Notes 

180-day Unlimited Commission-free Trade Card***

180 days unlimited commission-free trading card will be allocated into your 「Coupons」 page, which can be viewed and used in 「Coupons」 under the 「Me」 tab in the moomoo app (https://coupon.moomoo.com), upon the approval of your registration of moomoo ID. Please note that the entitlement will need to be activated before submitting a trade, and 180-day countdown starts from time of activation.  

Unlimited commission-free trades means that there are no limitations to the number of trades that are commission-free; as long as the trades are made within the stipulated promotional period. (e.g., 180 days) 

Entitlement applies to US, HK and SG stock market but it is not applicable to Options, Futures and China A Shares. 

One redemption per user only.

Market Data Rewards

Access to free market data rewards will be active from day of moomoo SG Securities account opening upon successful approval. 

Stock Cash Coupon Bundle

The Stock Cash Coupon Bundle will be allocated into your account and will be activated in the following time frames: 

SGD 30 Stock Cash Coupon Bundle 


All Stock Cash Coupons will have an expiry of 60 days from day of activation. 

Stock Cash Coupons will be sent to your 「Coupons」 page. They can be used to offset your buy trades in the moomoo app. Please use your coupons before executing your trade. Original trade amount with accompanying fees may be deducted upon execution. Coupon amount will be refunded into your account within 1-3 business days.  

The Stock Cash Coupon amounts are all pre-tax amounts and are only available for use on buy trades, limited to 1 use per trade. All Stock Cash Coupons have a minimum trade amount of its stipulated value or equivalent in other currencies. If the trade amount is less than the value of the Stock Cash Coupon, the coupon will not be activated. Should there not be any specific selection made on the specific Stock Cash Coupons available in the account, Stock Cash Coupon will be used in an ascending order of the days left before expiry. Taxes and fees in accordance with the requirements of relevant laws and regulations may apply. Redeemable only for users who have a valid moomoo SG Securities Account in their own name. 

Shares or Stocks

Free shares or stocks will be automatically deposited to your moomoo SG securities account within 3 business days upon task completion, but the status of shares will remain frozen. Shares will be autonomically unfrozen within 5 business days after the stated conditions have been met. Entitlements will only be allocated to users who have a valid moomoo SG securities in their own name. 

*Though trades are commission-free during the promotional periods, do take note that other fees may apply. Platform fees are charged on a per order basis to enable moomoo SG to continue improving the user experience such as improving our technologies, providing free market data, and creating better analytical tools to improve our platform so that we can better serve our users. Goods and Services Tax and Regulatory Fees may be charged. 

Does my 180-day commission-free trading card expire? 

Once entitlement has been rewarded and credited to your 「Coupon」 page, we recommend to activate your 180-day commission-free card at the soonest as the expiry for activation will end in 90 days starting from allocation. Once activated successfully, the customer is entitled to the full 180-day active period of the commission-free trading card entitlements. Should the customer not activate within 90 days from allocation, the inactivated 180-day commission-free trading card will expire.

Please note thatfees will be incurred as per our fee schedule on completed trades should the commission-free trading card available for activation was not activated. 

I have deposited SGD 2,700 / USD 2,000 / HKD 16,000. Can I use my deposit and start trading? Will my free shares be unfrozen after 30 days?

Yes, you may start trading in stocks and other financial products available on the moomoo App as long as you maintain a minimum daily asset balance of SGD 2,700 / USD 2,000 / HKD 16,000. Due to market fluctuations, a 20% decrease in total asset value from stipulated amount will be allowed (i.e. SGD 2,160 / USD 1,600 / HKD 12,800). Should you fulfil the above conditions for 30 days, your free shares will be unfrozen and activated within 5 business days after the 30-day holding period.


For all other rewards available

For referral rewards, please refer here.


Disclaimer

1. These terms and conditions, rewards and offers are organised by moomoo SG (「Organiser」), a subsidiary of Futu Holdings Limited. By taking part in this Campaign, you agree to be bound by these Campaign Terms and Conditions, existing terms and conditions in the customer agreement, and the decisions of moomoo SG in relation to and in connection with this Campaign.  

2. Moomoo SG reserves all rights to terminate the campaign or change terms and conditions, offers, rewards without prior notice. Other restrictions may apply and will be posted on the moomoo app/website prior to effectiveness. 

3. This offer is only valid for eligible users who are are at least 18 years of age, and have a valid Singapore bank account in their own name.  

4. Currently, we limit 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.

5. Applicable phone, internet and other charges may apply, and the participants shall be responsible for such costs and expenses. 

6. No person should have more than one account. Please note that moomoo SG does not allow a person to open a securities account on behalf of another (i.e. we do not allow non-beneficial owners to open an account). This requirement is also stated during your account opening process and in your declaration. Please refrain from opening a securities account if you are not the ultimate beneficial owner of the account. If your securities account shows signs of fraud, abuse, or suspicious activity, e.g., using multiple accounts or devices, moomoo SG may, in its sole discretion, forfeit your stock rewards and limit your chance to participate in future promotions. 

7. Each user or device, regardless mobile or computer, is only entitled to one set of registration / sign up rewards, account opening rewards, initial deposit rewards, market trade rewards and referral rewards. 

8. Moomoo SG reserves the right to remove market data access and commission-free trade entitlement should customer not fulfil all stated conditions of the offer. Should the customer not fulfil all the stated conditions of this offer, moomoo SG reserves the right to charge in full the free shares. 

9. Requests for substitution of rewards will not be entertained. moomoo SG reserves all rights to end the offer or amend the rules of the offer at any time without prior notice. 

10. Investment products available through the moomoo App are offered by, including, but not limited to moomoo SG, a broker licensed by the Monetary Authority of Singapore. The moomoo App is a trading platform offered by Moomoo Technologies Inc., a subsidiary of Futu Holdings Limited. Neither receipt of a share of stock through this program nor identification of a particular security in communications related to this program constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. Moomoo SG does not provide investment advice and does not hereby recommend any security or transaction. 

11. For more information on fee schedule, please visit here.

12. If you would like to access our commission calculator, please visit here.

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

#Definition of "Singapore residents": Users who are non-Singaporeans and non-permanent residents of Singapore, but residing in Singapore, have a valid Singapore address and are able to provide proof of Singapore addresses through bills or bank statements that are within 03 months from account opening.