Moomoo is Featured by NerdWallet as an Easy-to-Use Trading Platform

By Sam Taube, Arielle O'Shea, November 20, 2024

(NerdWallet) -- Moomoo offers free stock and option trades in an easy-to-use trading platform that charges low margin rates. It's not built for passive retirement investors — IRAs aren't supported, nor are mutual funds — but there's a lot to like about Moomoo for more active traders.

Moomoo is one of the few brokers that charges neither a commission nor a per-contract fee on equity options trades. Index options have a $0.50 per-contract fee, but even that's on the lower end among brokers we review. Moreover, Moomoo has clearly put a lot of effort into its mobile experience. Signup is a breeze, and the trading interface is intuitive, without skimping on features that will appeal to advanced traders.

To read more, please click here: Moomoo Review 2024: Pros, Cons and How It Compares - NerdWallet