1 November 2022, 00:00 SGT to 16 November 2022, 23:59 SGT.
Moomoo Financial Singapore Pte. Ltd. ("Moomoo SG") reserves all rights to change the campaign period without prior notice.
Open an account with moomoo SG universal account and deposit funds in the account before 1/11/2022, 23:59 SGT.
This offer is only available to Singapore residents, who are defined as having an IP address in Singapore.
To count as a successful referral to qualify for the rewards, friends of existing users are to register for a moomoo id using their Singapore phone number via the referrer's event-specific invitation link.
Event Rewards
Event rewards are limited to the first 2000 participants. An existing user who have successfully referred a new user to complete his/her registration with moomoo SG between campaign period will be rewarded. With a minimum of 1 successful referral during the prelaunch period from 1/11/2022 00:00SGT - 16/11/2022 23:59SGT, users will unlock 60 days allocation period to enjoy 5%p.a. Guranteed Return Rewards in which they can start subscribing into once the rewards launches on 17/11/2022 16:00SGT.
The rewards from this activity are not stacked with any other activity rewards of the same period. If a referral is invited to register through this activity, the referrer will not be issued other invitation activity rewards even if the referral has deposited.
Rewards from the activity is given after one successful referral. The number of total invited referrals do not increase the rewards given.
Moomoo SG guarantees the 5% p.a. (anualized percentage) return rewards. With a max subscription of S$10,000 into 5% p.a. return reward, users will invest into a base money market fund of their choice and moomoo SG will make up for the difference to ensure that eligible users enjoy a guaranteed return of 5% p.a. on their principal subscription.
i.e. User have subscribed with the maximum subscription amount of S$10,000, and held a consistent subscription of S$10,000 over 2 months, users will receive total returns of S$82.19 on their principal subscription. The calculation formula is: S$10000*[(5%/365)*60]= S$82.19. Per annum calculation based on 365 days, while months in 30 days.
The allocated time period will only be activated upon meeting the above conditions within the campaign period and during the allocated holding period. Otherwise, users will not be entitled to the 5%p.a. guaranteed return reward.
Moomoo Financial Singapore Pte. Ltd only guarantees the 5% p.a. return reward on the principal subscription amount. In the case where the base money market fund returns drops below 0, force liquidation will occur. Funds will be automatically redeemed to prevent further loss that could hurt client's principal subscription during the allocated holding time period.
The rewards from this activity are not stackable with any other referral rewards of the same period. If a referral is invited to register through this activity, the referrer will not be issued other invitation activity rewards even if the referral has deposited.
Rewards from the activity is given after one successful referral. The number of total invited referrals do not increase the rewards given.
After completing the referral invitation, the campaign page will notify you that you have successfully unlocked subscription eligibility.
Once subscription opens at 16:00SGT on 17/11/2022 , you can go to your moomoo app, click on < Wealth> tab and complete your subscription.
There is no charge on subscription and redemption of funds. Users are able to subscribe and redeem their funds at any point of time during the allocated subscription time period under this campaign. However, 5% p.a. return reward will only apply to days subscribed. 5% p.a. return rewards will be tabulated and issued on a daily basis based on their total invested principal.
Common FAQs |
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Q1: Can the funds be withdrawn at any time? |
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Amount subscribed in this reward scheme can be redeemed and re-subscribe up to S$10,000 at any point of time during the allocated period. However, 5%*p.a. annualised returns only apply to days in which users are subscribed into this reward scheme. Funds will need to be redeemed and credited back into you moomoo SG universal account before you can withdraw it back into your bank account. |
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Q2. Can I buy again after full redemption? |
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Yes, you may purchase (subscribe) after a full redemption as long as the purchase falls within the allocated time period. Allocated holding period starts when first subscription is made.
For example: If a user unlocked 2 months (60 days) of allocated holding time period, buy and hold for 15 days before redeeming his funds fully then remained unsubscribed for another 15 days. After 15 days of inactivity, he starts a new subscription, the total number of allocated days remaining the user can still enjoy will be 60 - (15) - (15) = 30 days. |
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Q3: How are the rewards of the subsidy distributed? |
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Rewards will be accounted for on a daily basis up till the full redemption of your holding or the end of the allocated holding period under this campaign, whichever sooner. |
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Q4: What happens to my fund after my allocated period is up? |
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Once your allocated period is up, reward subsidy offered by moomoo SG to make up towards the guaranteed 5%p.a. return reward during the allocated holding period will be credited into your moomoo SG Universal Account. Users can choose to redeem the fund immediately after the holding period has ended or continue the subscription/ investment and enjoy the normalised rates given by the base money market fund. Moomoo SG does an auto reinvestment to the same underlying fund after the end of allocated period for you. 5%p.a. return rewards is only applicaple during the allocated holding period under this campaign. |
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Q5: Are my funds safe? |
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Moomoo SG is a licensed institution of Monetary Authority of Singapore. The funds purchased through the platform flow through our custodian bank, and neither the platform nor the fund company can misappropriate the client's assets without authorization. |
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Q6: Will you be affected if the underlying fund product has negative 7-day annualized yield? |
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Moomoo SG will automatically redeem your investment if the underlying fund product has a negative 7-day annualized yield. Moomoo SG will still provide you with guaranteed 5%p.a. return rewards (up to the total number of days invested). |
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Q7: What happens if the underlying fund product has higher than 5% annualized yield? |
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Moomoo SG gives you the higher rate, either 5% annualized yield, or market, whichever higher. |
Should you have any queries, please chat with our Customer Support team.
1、The terms and conditions, rewards and offers in this campaign/promotion are presented by Moomoo Financial Singapore Pte. Ltd. ("moomoo SG"), a wholly-owned subsidiary of Futu Holdings Limited. In Singapore, investment products and services available on moomoo are offered by moomoo SG regulated by the Moneary Authority of Singapore (MAS). The moomoo App is a trading platform offered by Moomoo Technologies Inc., a wholly-owned subsidiary of Futu Holdings Limited.
2、Moomoo SG reserves all rights to terminate the campaign/promotion or change terms and conditions, offers, rewards without prior notice. In the event of dispute, moomoo SG reseves the right of final decision.
3、In the event of any inconsistency between these Terms and Conditions and any advertising, promotional, publicity and other materials relating to or in connection with this campaign/promotion, these Terms and Conditions shall prevail.
4、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 howsoever arising, including but not limited to, fulfilment of the prize(s), 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, termination or suspension by moomoo SG of this Contest shall not entitle any party to any claim or compensation against moomoo SG for any and all losses or damage suffered or incurred as a direct or indirect result of the act of cancellation, termination or suspension.
5、Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this campaign/promotion, in particular those relating to the campaign/promotion prizes, are the property of their respective owners. Moomoo SG is not providing any financial advice, endorsements or sponsorships to their products or services.
6、No content herein shall be considered an offer, solicitation or recommendation for the purchase or sale of securities, futures, or other investment products. All types of investments are risky and investors may suffer losses. All information and data on the website are for reference only. Past performance does not guarantee future results. This promotion does not take into account your investment objectives, financial situation or financial needs.
7、This advertisement has not been reviewed by the Monetary Authority of Singapore.
8、Each device, mobile or desktop, is only entitled to one set of account-opening rewards, deposit rewards, and referral rewards. A user can only be referred once. Using the same moomoo ID, phone number, or device will all be regarded as a single user.
9、This event is not eligible to users on the "Moomoo Financial Singapore Pte. Ltd. Event Participation Ban List". If a user repeatedly violates Moomoo Financial Singapore Pte. Ltd.'s safety rules, the user will be put on the "Moomoo Financial Singapore Pte. Ltd. Event Participation Ban List".
10、In order to ensure the fairness of the event, the event has limits on daily event rewards, total event rewards, and the total rewards that can be claimed by a single user; if the system detects abnormal participation behaviors (including but not limited to the use mobile device simulators or artificial modification of mobile phone device numbers), the offenders' event eligibility will be terminated.