Moomoo US Help Center-Learn. Trade. Win: Split $200,000 in Cash Rewards
English
Back
Download
Log in to access Online Inquiry
Back to the Top
Help Center Promotions Previous Promotions Learn. Trade. Win: Split $200,000 in Cash Rewards

Learn. Trade. Win: Split $200,000 in Cash Rewards

The Learn. Trade. Win is a global promotion brought to you by moomoo and requires the use of a trading app offered by moomoo. The following terms and conditions apply to residents of the United States only. If you are a resident of Hong Kong, Singapore, Malaysia, Australia, Canada and Japan, please visit the appropriate website for applicable terms and conditions. See Section 14 below for links.
 
 
Terms and Conditions
 

1. Event

Learn. Trade. Win: Split $200,000 in Cash Rewards*. The Event consists of two separate promotions:
  • Positive Earnings Challenge, share $100,000.
  • Guessing Game, share $100,000.
 

2. Event Period

From October 13, 2024 to November 15, 2024. See details below.
 
 

3. Eligibility

This event is open to all moomoo users who are over the age of 18 who have a valid social security number and who have opened a brokerage account through moomoo (“Participants”).
 
 

4. Positive Earnings Challenge, split $100,000

 
The Positive Earnings Challenge is a paper trading competition. Participants can enter the Positive Earnings Challenge by registering for the Event and joining the Positive Earnings Challenge. Participants whose weekly P/L is positive, can share $20,000 in Cash Rewards each week, with a total of $100,000 available over five weeks.
 

4.1 Region

Each of the following is Region for purposes of this promotion: United States of America, Hong Kong, Singapore, Malaysia, Australia, Canada and Japan.
 

4.2 Rewards

4.2.1 Positive Earnings Challenge rewards. Participants whose weekly P/L is positive, can share $20,000 in Cash Rewards each week, with a total of $100,000 available over five weeks.

  Every Monday, Participants can check this event page to see if they have received the prize pool rewards from the previous week. Rewards will be distributed to the winners' securities accounts within 3 working days and can be viewed in the app under "My Vouchers"; Each Regional Winner's share = US$20,000 / number of Participants.

4.2.2 Regional Winners. The Participants whose cumulative returns rank in the top in each Region shall receive the following rewards:

  • TOP1: The top-ranked Participant in each Region is eligible for $1,000 in Cash Rewards. (Will be split into 10 Cash Rewards valued at US$100 each.)
  • TOP2: The Participants ranked second in each Region are eligible for $500 in Cash Rewards. (Will be split into 5 Cash Rewards valued at US$100 each.)
  • TOP3: The Participants ranked third in each Region are eligible $200 in Cash Rewards.(2*100) (Will be split into 2 Cash Rewards valued at US$100 each.)

4.2.3 Global Winners. The Participants whose cumulative returns rank in the top three globally (as defined below) shall receive the following rewards:

  • TOP1: The top-ranked Participant globally is eligible for $10,000 in Cash Rewards(10 $1,000). (Will be split into 10 Cash Rewards valued at US$1000 each.)
  • TOP2: The Participant ranked second globally is eligible for $3,000 in Cash Rewards (3* $1,000). (Will be split into 3 Cash Rewards valued at US$1000 each.)
  • TOP3: The Participants ranked third in globally is eligible $1,000 in Cash Rewards(1 *$1000). ( 1 Cash Reward valued at US$1000.)
  • Times Square, Nasdaq Tower video. Opportunity to be featured in a video to broadcasted at Nasdaq Tower in Times Square. To be featured, you must sign a publicity release.
  Regional and Global Winners will be announced at the conclusion of the Event on November 19, midnight Eastern Time ("ET"). The announcement of the results of the Event will be considered final.
  Eligible Participants must return to this event page between November 19, midnight ET, and November 28, 11:59:59 ET to claim their rewards. Failure to claim the rewards during this period will be considered a forfeiture.
  If anyone forfeits their opportunity to be featured in the video, the opportunity will be offered to the next person identified in the global ranking. Please note that this special circumstances only pertains to the reward to be featured on the Nasdaq outdoor Screen, and other rewards (such as Cash Rewards) will only be issued to the global top 3 participants as usual.
 
 

4.3 How to Participate in the Positive Earnings Challenge

  • On the main event page, click on the entrance to the Positive Earnings Challenge section to enter the Positive Earnings Challenge page;
  • Click the " Register now" button to successfully register and create a paper trading competition account (with $100,000 in virtual funds).
  • Click the " Start now" button to go to the paper trading page, where you can check asset status and place simulated orders.
  • During the competition, you can go back to the "Positive Earnings Challenge" page to view the schedule and ranking based on earnings.
 
*Weekly Return Rate: (Net Asset Value after Friday's closing bell this week / Net Asset Value after Friday's closing bell last week - 1) * 100%
*Total Return Rate: (Net Asset Value after the end of the competition / Initial Net Asset Value of the competition account - 1) * 100%
 

4.4 Competition Trading Rules

4.4.1 Tradable securities: US stocks and ETFs only.

4.4.2 Trading Hours for US Stock Market: Monday to Friday 9:30 AM to 4:00 PM (Eastern Time).

4.4.3 Margin Trading and Short Selling:

  • Short selling is supported with an initial margin requirement of 100% and a maintenance margin requirement of 50%.
  • The interest on short selling is calculated at an annual rate of 6% and is charged daily after market close.
 

4.5 Trading Order Restrictions:

  • To maintain the professionalism and fairness of the competition, trading of stocks priced below $1 is prohibited.
  • The maximum number of orders per day is 200 (excluding cancellations and modifications).
  • The maximum number of positions held is 100.
  • The maximum single-stock position limit is 40% of total assets. If the limit exceeds 40% due to stock price fluctuations and exercises, it is not affected by this rule.
 

4.6 Corporate Actions:

  • The competition supports only dividends, stock splits, and mergers; other types of corporate actions are not supported.
  • If a listed company is delisted for any reason, participants cannot engage in simulated trading of that stock on subsequent competition days. The system will deposit virtual funds into the participant's competition account based on the stock's last closing price on the second working day.
  • Due to upstream dependencies in corporate actions, there may be delays in data sources. If this affects user rankings, the simulated trading system will make every effort to rectify the issue to ensure fair competition.
 

4.7 Matching Rules

 
The matching of simulated trading orders takes into account the actual trade's tick-by-tick volume. Even if the order price is suitable, it will not be executed if there is no tick-by-tick volume. If the tick-by-tick volume of the actual trade is less than the order quantity, a partial execution will occur, matching only the volume of the actual trade, while the remaining order remains in the matching queue awaiting execution.
 

4.8 Ranking Rules

If users have the same rate of return, they will be ranked in the leaderboard based on the order of their registration for the competition.
 

4.9 Fees

  • Commission and platform usage fee: 0
  • Settlement fee: $0.003 per share
  • SEC compliance fee: Trading amount * $0.0000278, with a minimum of $0.01 per transaction (applies to sales only)
  • Trading activity fee: $0.000166 * number of shares sold, with a minimum of $0.01 and. a maximum of $8.30 per transaction (applies to sales only)
 

5. Guess for Prizes: Get a Slice of $100,000*

 

5.1 Prize Guessing Period: October 13th 22:00 ET - November 14th 14:00 ET, a total of 32 rounds

  • On the main event page, click on the guessing event section entrance to go to the guessing event page.
  • Three guessing questions are set daily, and Participants can select the corresponding answer buttons to make guesses.
  • Daily guessing period: Day T 17:00 - Day T+1 14:00 (ET). Users can modify answers before this time; modifications are not allowed after this time.
  • Guessing results will be announced at 00:00 on Day T+1 (ET).
 

5.2 Guessing Points

    Participants will be awarded 10 Guessing Points and 10 moomoo Points for each correct guess. To qualify for a Get a Slice of $100,000 competition, Participants must have 500 Guessing Points.
 

5.3 Avatars: Chance to Get a Slice of $100,000 

    By participating in the Guess for Prizes, Participants unlock the "Guessing Rookie" avatar. Participants who collect 100 Guessing Points will unlock the "Advanced Guesser" avatar.
    Participants who collect 500 Guessing Points, unlock the "Master Guesser" avatar and qualify for sharing $100,000 in Cash Rewards.
 
 

6. Event Props

6.1 Collect Tokens to unlock Props

Throughout this Event, Participants can earn Tokens by completing certain tasks. Participants can collect Tokens to unlock props that can help them during the Event.
 
To earn Tokens, go to the "Earn Tokens" page, and click the "Complete Tasks" button to open a task popup window. After completing the tasks shown in the popup window, Participants can earn the corresponding Tokens. Completing more tasks can earn more Tokens, and the specific tasks and rewards are subject to the task list. Each task rewards Participants with a different number of Tokens based on its difficulty.
 

6.2 Exchange Token for Props

When Participants click the "Exchange Props" button, they will exchange their Tokens to obtain props. After receiving a prompt of successful exchange, users can click "Use Now" to consume the prop, or view and use the owned props in "My Props". Props are available in both the Positive Earnings Challenge and the Guessing Game.
 
  • Positive Earnings Challenge :
      Defense Card：The Defense Card requires 5 Tokens. The Defense Card allows Participants to hide their position information to prevent other Participants from viewing it. The card is valid for 24 hours after use.
     
      Asset Reset Card: The Asset Reset Card requires 5 Tokens. The Asset Reset Card Users allows Participants to reset their account funds for this competition to the initial amount, which is $100,000 in virtual funds.
 
  • Guessing Game Props
      Past Pass Card: The Past Pass Card requires 50 Tokens. This card awards Participants 500 Guessing Points. With this card, Participants can qualify immediately for a share of the $100,000 prize.
      50-point Card: This card requires 5 Tokens and awards 50 points to Participants.
 

7. Guessing Game Prize 

  • Participants who collect 500 Guessing Points can share in the $100,000 prize.
  • After the event ends, the organizers will review the final qualifying users for sharing the prize. Based on the final confirmed number of qualifying users, the amount each user can receive from the prize pool will be calculated as follows: Each person's share = US$100,000 / number of qualified users;
  • Rewards will be distributed after the event ends. Qualified users must return to this event page between November 19, 12:00 EST, and November 28, 11:59:59 EST to claim their rewards. Failure to do so within this period will be considered a forfeiture of the reward.
 
 
 

8. Specific rules:

 

8.1 You must have a brokerage account opened through Moomoo to receive Cash Rewards.

8.2 You can use the Cash Rewards when buying US stocks or Hong Kong stocks (common stocks or ETFs) (The Cash Rewards will be split into three denominations: 10, 100, and 1000. When used, the corresponding purchase order amount must be greater than or equal to $10, $100, and $1000, respectively.), and after using it, you will receive an amount equal to the value of the Cash Rewards. The amount will be credited to the relevant securities account within 3 trading days after the order is completed.

8.3 Cash Rewards have an expiration date. The Cash Rewards distributed weekly will be valid for 24 months from the day of receipt.

8.4 During the validity period, the Cash Rewards will automatically match the first qualifying trading order (only for opening buy orders), with conditions including order amount, trading category, applicable market, etc. Cashback will be received upon completion of a qualifying trade order within the Cash Rewards's validity period.

8.5 Only one Cash Reward can be used per order, and commission voucher stacking is supported during trading.

 

9. Free Nasdaq Totalview Quote Card

During the event, users can visit the Investment Growth Camp page and receive one Nasdaq Totalview quote card for free. The card is valid for 31 days from the date of issuance. The Nasdaq TotalView free trial experience will end upon 31 days from the date of issuance. Only registered MTI users are entitled to access Nasdaq TotalView. Nasdaq TotalView function is available on both the moomoo app on your mobile phone or desktop moomoo on your PC. Participation in the free trial of Nasdaq TotalView doesn't require the establishment of a brokerage account. Should you wish to continue using Nasdaq Totalview, subscription charges may apply.
 

10. Points

Points have no cash value. Points can be used to redeem equivalent goods/coupons in the Points Mall, and rewards will be issued within 24 hours after the round ends. Point reward records can be checked in the app under "My Rewards."
 
 

11. Avatar Frame

    Upon entering this event page, users can click on "Start the 12th Anniversary Journey" to receive the exclusive "12th Anniversary Avatar Frame." The avatar frame is valid until November 17, 2024, 11:59:59.
    After obtaining the avatar frame, you can go to the "Achievements Page" to wear or remove it.
 
 

12. Extra Bonus

On October 29th, users who enter the product page will receive extra bonuses. 
Paid users: the 12th Anniversary Medal, Points and Tokens.
Unpaid users: the 12th Anniversary Medal, Points and Cash Reward(valued at US$2). The "12th Anniversary Medal" can be viewed and applied in the APP under "My Medals". The Cash Rewards distributed as extra bonus will be valid for 24 months from the day of receipt. For information on how to use "Points," "Tokens,"“Cash Reward,” please refer to sections 6.2, 8.2and 10.
 

13. Other Terms and Conditions

By participating in this activity as described above, you are deemed to have agreed to the following terms and conditions of Moomoo Technologies Inc (the "Organizer"):
    
    a.This promotion is offered by Moomoo Technologies Inc. (“MTI”). The Positive Earnings Challenge is organized by Moomoo, with Nasdaq providing TotalView market data and the Times Square, Nasdaq Tower video opportunity. Neither MTI nor Moomoo Financial Inc. ("MFI") is an affiliate with Nasdaq. The moomoo App is an app that offers access to licensed brokerages. In the U.S., securities products available through the Moomoo App are offered by MFI, a broker-dealer registered with the SEC and member FINRA/SIPC. For further information about MFI see FINRA BrokerCheck（https://brokercheck.finra.org/）. For further information about SIPC insurance coverage for accounts at MFI, see www.sipc.org or request an explanatory brochure from MFI.
    b.The Positive Return Challenge account is purely a virtual trading account and can only be used for simulating trading challenges with US stocks and US stock ETFs.
    c.The cash or other assets displayed in the Positive Return Challenge account have no actual value and cannot be withdrawn or exchanged.
    d.The content and design of the Positive Return Challenge account are assets of the Organizer, and participants are not allowed to alter, modify, adapt, imitate, or otherwise change any part in any way.
    e.Participants acknowledge and agree that the Organizer may display or use their user nicknames, avatars, Moomoo App accounts, total returns, holdings, and trading information, as such information relates to the paper trading comptetion.
    f.All transactions conducted through the Positive Return Challenge account are virtual in nature. Instructions entered by participants will not be transmitted to any exchange for execution (including but not limited to the New York Stock Exchange, Nasdaq Stock Market, American Stock Exchange), nor will they constitute any settlement or payment obligations for participants or the company. Securities trading services provided by the company and any rights and obligations related to such services do not apply to virtual trading within the challenge account.
    g.Some information displayed in the Positive Return Challenge account (including security quotes) is provided by third parties. The bank makes no representations, warranties, or commitments regarding the accuracy or completeness of such information and shall not be liable for any losses or damages incurred by any person directly or indirectly using such information.
    h.The organizer has the final decision-making power on the calculation of the holding profit challenge account, the list of winners for each prize, and their prizes. Participants may not object;
    i.If the organizer believes that a participant has engaged in any cheating behavior, the organizer has the right to cancel the results. If any cheating behavior is found among the global and regional top 3 participants, their eligibility for the prizes will be revoked, and the prizes will be offered to the next participant identified in the global ranking. If cheating behavior causes losses to the organizer, the organizer reserves the right to pursue legal action;
    j.At the end of the campaign, users with positive returns challenging the TOP 3 global cumulative returns are required to cooperate with the organizer's promotional activities, including being interviewed by moomoo, recording the winning video and delivering a winning speech. Users are required to sign an authorization form agreeing that moomoo will use the relevant materials for brand promotion within the period of time.
    k.The organizer shall not be responsible for any errors, omissions, interruptions, deletions, defects, delays in transmission over communication lines, or any problems or technical malfunctions arising from telephone networks, computer online systems, servers or providers, computer equipment, software, or any technical issues or communication congestion resulting in failure to receive any emails or communications;
    l.The organizer is not responsible for any damage or loss caused to participants or any other person's computer due to any form of human or non-human errors, including participation in the contest, instruction input and submission, or notification related to the contest, including damage or loss caused by computer viruses or harmful programs;
    m.Some prizes for this activity are provided by third-party merchants (including items redeemed in the mall using points). Once the prize is collected, it cannot be returned or exchanged. The use of prizes is subject to the merchant's relevant terms. The winner shall bear all applicable taxes, fees, additional charges, and/or foreign tariffs (if any). In case of any issues with the prize, please contact the relevant merchant directly. The organizer assumes no legal responsibility;
    n.Activity rewards are strictly distributed according to the rules. Participants cannot apply for rewards through special means if they do not meet the qualifications for the activity. The organizer reserves the final decision-making power on the distribution and changes of any rewards;
    o.If the prizes for this activity are provided by the organizer, their use is subject to the terms and conditions issued by the organizer for the respective prizes;
    p.Before redeeming the Cash Rewards distributed in the redemption activities, winners must open a corresponding securities account in the relevant market to receive the corresponding rewards;
    q.There are expiration dates for receiving and using activity rewards. Failure to claim or use rewards within the specified period will result in the rewards being forfeited, and the winner is considered to have automatically waived their eligibility;
    r.The organizer reserves the right to modify or cancel the activity process, rules, awards, explanations, etc., based on actual circumstances and will notify participants as early as possible. The interpretation of the rules of this activity belongs to the organizer, who has the right to modify rules, processes, etc., including but not limited to the rules and processes of the activity, in response to loopholes in the activity;
    s.If the activity is not running normally for any reason, such as interruptions or early termination, the organizer has the right to make corresponding adjustments and handle trading operations during abnormal periods. Participants cannot object to the decisions made by the organizer;
    t.The organizer may freely quote the achievements and personal information of participants in any promotions or advertisements related to the activity, including but not limited to name, portrait, or voice (except where prohibited by law), without the approval of the participant being quoted;
    u.The confirmation of information and data for this activity is based on the organizer's backend confirmation, and the organizer reserves the final interpretation right;
    v.This promotion does not constitute an offer, solicitation, advice, opinion, or any guarantee of securities, financial products, or tools.
    w.The organizer reserves the final decision-making power on any disputes related to this activity;
    x.All amounts in the rules for this promotion are in U.S. dollars.
    y.Cash prizes will be credited to a winner’s account at MFI.
    z.Participants are solely responsible for all taxes on winnings. Customers of MFI will receive a Form 1099 at the end of the year reporting the value of prizes MFI or MTI may be required to withhold U.S. federal income for certain individuals under certain circumstances. Please consult your tax advisor for more information applicable to your individual tax circumstances.
    aa.Each user is limited to using one account, one mobile phone number, and one device to participate in promotions. Abnormal behavior (including but not limited to using mobile phone device emulators and artificially modifying mobile phone device numbers) may automatically disqualify or suspend users’ eligibility for participating in the promotion. MTI. has the sole right to interpret the promotion rules. By participating in the promotion, you agree to abide by these rules and the decisions of MTI, such decisions which are final and binding in all respects.
    ab. ALL TERMS AND AGREEMENTS OF MTI AND MFI ARE HEREBY INCORPORATED INTO THESE TERMS AND CONDITIONS, INCLUDING AND NOT LIMITED TO THEIR ARBITRATION
    AND CLASS-ACTION WAIVER PROVISIONS. The customer agreement for MFI is available at https//www.moomoo.com/us/support/topic4_123.
    ac. By participating in the promotion, you certify that you have read and understood the rules of this promotion as well as the terms and agreements of MTI and MFI.
    ad. This offer is limited to one reward per new account, with no more than one account enrolled per person.
    ae. Neither receipt of a share of stock through this program nor identification of a particular security in communications related to this promotion constitutes a solicitation of the security or a recommendation to buy, sell, or hold the security. MTI and MFI do not provide investment advice and do not recommend any security or transaction.
    af. MTI reserves the right to terminate this promotion at any time without notice. This promotion and the products and services available through MTI and MFI are not available to all customers or in all geographic areas or in any jurisdiction where it is unlawful for them to offer such products and services.
    ag. By participating in a promotion, participants acknowledge and agree that MTI and MFI have the right to use participants username, user id, and profile picture on the moomoo App for promotional purposes.
    ah. Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a stock bonus before enrolling. For taxable accounts, the value of all MFI rewards or prizes received may be reported as Other Income on a Form 1099-MISC where required by applicable rules and regulations. MFI and its affiliates do not take responsibility for any tax related to this promotion.
    ai. All product names, brands, logos and trademarks are property of their respective owners.All trademarks, service marks, trade names, domain names, logos or other words or symbols identifying the Data Products and Nasdaq’s business (the “Marks") are and will remain the exclusive property of Nasdaq. Moomoo was granted by Nasdaq a non-exclusive, non-transferable and non-sub-licensable license to use the Marks solely in accord with the license agreement.
    aj. Other Terms and Conditions of moomoo apply, please see moomoo.com.
    ak. Translations from English are provided for convenience only. In case of any ambiguity or dispute over the terms or rules of this promotion, the terms and conditions of the English language version will control.
    al. If you have any questions, please contact us via “Me” ‒ “Customer Service” in moomoo App.

 

14. Links to other terms and conditions

  1.