moomoo US Help Center-What is exchangeable amount
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Help Center Funding Currency Exchange What is exchangeable amount

What is exchangeable amount

Investors can exchange currency in their accounts to invest in different markets and financial securities. Listed as 'Exchangeable Amount' is the maximum amount of currency that can be exchanged at the time mainly based on the following factors:

  • Deposits or withdrawals

  • Stock trades

  • Trading costs

  • Asset settlement

 

Example

You sell stock for $1,000 on Wednesday May 29th, 2024. The settlement processing time is the transaction day +1 additional business days (T+1).
The $1,000 minus any trading fees, will be added to your exchangeable amount after the 1 additional business day on Thursday May 30th, 2024. 

 

To check your exchangeable amount in the app

1. Go to the Accounts tab
2. Tap Transfers
3. Tap Currency Exchange

(Please note that the interface shown in the screenshot may differ from the one on your device if your app version is not up-to-date. Any securities appearing in the screenshot are for illustration only and do not constitute any investment advice.)

 

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeliness for any particular purpose of the above content.

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc.

In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc., a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC) and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC).