moomoo SG Help Center-Stock Regular Savings Plan (RSP) Introduction
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Stock Regular Savings Plan (RSP) Introduction

1.0 What is an RSP

A Regular Savings Plan (RSP) is a low-threshold investment tool that allows you to automatically invest funds on a recurring schedule. This handy feature uses fractional shares trading to help lower the average amount you spend on investments and reduce the impact of volatility. The investment threshold for US stock RSP can be as low as 5 USD or 10 SGD, making it an effective way to build wealth over time.

 

1.1 Benefits of RSP

A Regular Savings Plan (RSP) has the following benefits.

Lower cost for buying quality stocks

Regular Savings Plan (RSP) has a relatively lower investment cost and supports a list of stocks, which are mostly Nasdaq-listed and may pay dividends regularly. The entry threshold for stock RSP is as low as 5 USD or 10 SGD per month, so you can get started building a diversified investment portfolio with fractional shares trading.

Flexibility

With an RSP, you can choose any amount and frequency at which you’d like to invest, whether it's daily, weekly, or monthly. You can also adjust, pause, or delete your RSP at any time.

Help manage volatility

Regularly investing a fixed amount can help reduce the impact of short-term market fluctuations over time, as you can buy more shares when the stock price falls, and fewer shares when it rises.

Frees up your time

As RSP is a fixed amount invested on a regular basis, you don't need to keep an eye on the market constantly. Simply pick your desired stocks, and how often you'd like to invest, and we'll handle the rest.

 

1.2 Why Moomoo SG

A Regular Savings Plan (RSP) with Moomoo SG offers you the most flexible investment schedule, you can invest daily, weekly, or monthly, and adjust, pause, or stop the plan at any time. Fractional shares trading helps you steadily build your portfolio while reliably tracking your average cost to monitor gains and losses.

Handling fees

Trade Size

Commission & Platform Fees

< 1 Share

0 Commission Fees

Platform Fees at 0.99% * Amount, capped at $0.99 per order.

≥1 Shares

Commissions and Platform Fees are charged based on the Standard US stock trading fees.

 

1.3 How do I set up an RSP?

Here's how to create your plan in 3 steps.

a. Open the app, and go to Account > More > RSP

b. Create an investment plan or pick a stock from RSP Rankings.

c. Select a Paying Account (universal account or bank account) and Stock Symbol, enter an Investment Amount, and set the Frequency.

You can also tap "i" to view the specific rules of a stock RSP, and adjust, pause, or stop the plan at any time.

All investments carry risks, and it is possible to lose some or all of your principal investment.

Investors should carefully consider the investment objectives, risks, charges, and expenses of any securities before investing. This information can be found in the prospectus and summary prospectus, which should be reviewed before making any investment decisions. Past performance does not guarantee future results. If necessary, seek independent legal, tax, financial, and other professional advice before making any investment decisions.