How to transfer stocks out of Moomoo Financial Inc.

You can transfer your US stocks and HK stocks out of Moomoo Financial Inc. For US stocks, we only support transfer via DTC FOP. Please follow the steps below.

● How to transfer US stocks out

● How to transfer HK stocks out

 * FOP (Free of Payment ) is a method to transfer US stocks between Moomoo Financial Inc. and another brokerage firm directly through The Depository Trust Company (DTC), without using the ACATS (Automated Customer Account Transfer Service) system. 

1. How to transfer US stocks out

1.1  Get prepared before you start

Make sure you have sufficient funds in your brokerage account to cover any transfer fee.

* Transfer fee: Moomoo Financial Inc. charges a $75 transfer fee each time you request to transfer stocks out. 

For example, if you transfer two US stocks, such as BABA and AAPL, from Moomoo Financial Inc. to an outside brokerage firm at the same time, the total transfer fee will be $75.

1.2 Notify Moomoo Financial Inc. via email

Notify Moomoo Financial Inc. to process your transfer request by sending an email to cs@us.moomoo.com. Your email should include the following information:

a) Details of the receiving firm

* Stocks can only be transferred between your own brokerage accounts under the same name.

b) Stock symbol and quantity

c) Declaration

I declare that I am aware that Moomoo Financial Inc. charges a $75 transfer fee each time I request to transfer stocks out.

1.3 Notify the receiving firm

It's important to notify the receiving firm. Your transfer will not be processed until both brokerage firms have received your transfer requests and confirmed the information.

Notes

1. Moomoo Financial Inc. charges a $75 transfer fee each time you transfer stocks out.

2. It normally takes 2-3 weeks to transfer US stocks out via DTC FOP. The transfer time is for reference only, and depends on the actual processing times of both brokerage firms.

2. How to transfer HK stocks out

2.1 Get prepared before you start

Make sure you have sufficient funds in your brokerage account to cover any transfer fee.

* Transfer fee: Moomoo Financial Inc. charges a $75 transfer fee each time you transfer stocks out. 

For example, if you transfer two HK stocks, such as TENCENT (00700.HK) and BABA-SW (09988.HK), from Moomoo Financial Inc. to an outside brokerage firm at the same time, the total transfer fee will be $75.

2.2 Notify Moomoo Financial Inc. via email

Notify Moomoo Financial Inc. to process your transfer request by sending an email to cs@us.moomoo.com. Your email should include the following information:

a) Details of the receiving firm

* Stocks can only be transferred between your own brokerage accounts under the same name.

b) Stock Symbol and Quantity

c) Declaration

I declare that I am aware that Moomoo Financial Inc. charges a $75 transfer fee each time I request to transfer stocks out.

2.3 Notify the receiving firm

It's important to notify the receiving firm. Your transfer will not be processed until both brokerage firms have received your transfer requests and confirmed the information.

Notes

1. Moomoo Financial Inc. charges a $75 transfer fee each time you transfer stocks out.

2. It normally takes 2-3 weeks to transfer HK stocks out. The transfer time is for reference only, and depends on the actual processing times of both brokerage firms.

Any specific securities referenced are strictly for illustrative purposes only and is not a recommendation or endorsement of any particular investment or investment strategy. 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).  Futu Clearing provides execution and clearing solutions to Broker/Dealers. Futu Clearing Inc., Moomoo Technologies Inc., and Moomoo Financial Inc. are indirect, wholly-owned subsidiaries of Futu Holdings Limited.