Moomoo

Moomoo is a Palo Alto, California-based digital investment platform owned by NASDAQ-listed Futu Holdings (FUTU), founded in 2018. Licensed by the SEC, FINRA, ASIC, MAS, JFSA, and CIRO, the platform trades on the proprietary Moomoo Desktop, Web, and Mobile clients with cash, margin, and IRA accounts. Serves retail investors across US, Hong Kong, and Asian equity markets, ETFs, options, and futures.

Moomoo Financial Inc. shows as actively registered with FINRA under CRD 283078 and SEC file 8-69739 as of May 2026 (source: FINRA BrokerCheck). The standard cash account requires no minimum deposit; margin accounts require 2,000 USD under US Regulation T. Maximum leverage on margin accounts sits at 2:1 overnight and 4:1 for Pattern Day Trading. US client funds receive SIPC coverage up to 500,000 USD with up to 250,000 USD for uninvested cash. Canadian clients receive CIPF coverage. There is no Negative Balance Protection on margin accounts.

What is Moomoo?

Moomoo is the international consumer brand of Futu Holdings Limited (NASDAQ: FUTU), an advanced fintech company that listed on NASDAQ on March 8, 2019. Futu was founded in Hong Kong SAR in 2012; the Moomoo brand launched in 2018 in Silicon Valley as the international counterpart to the Hong Kong-facing Futubull app. The combined platform reports 29.2 million-plus users in its global community. Futu Holdings is backed by venture capital affiliates of Tencent, Sequoia Capital, and Matrix Partners. The group operates through licensed subsidiaries in eight markets — Hong Kong, the United States, Singapore, Australia, Canada, Japan, Malaysia, and New Zealand — with over 100 licenses and qualifications worldwide.

Which regulators license Moomoo?

Moomoo operates through eight separate licensed subsidiaries. Moomoo Financial Inc. is the US broker-dealer registered with the SEC under file 8-69739 and a member of FINRA under CRD 283078, plus SIPC. Futu Clearing Inc. is the US clearing broker-dealer under SEC file 8-70215, FINRA CRD 298769, plus DTC, NSCC, and OCC memberships. Moomoo Financial Singapore Pte. Ltd. holds a Capital Markets Services Licence under the MAS (license CMS101000) and Major Payment Institution license PS20200617. Futu Securities (Australia) Ltd holds an ASIC Australian Financial Services Licence (AFSL 224663). Moomoo Financial Canada Inc. is regulated by the CIRO and is a CIPF member. Moomoo Securities Japan Co., Ltd. holds a JFSA Financial Instruments Business Operator (FIBO) license. Moomoo Securities Malaysia Sdn. Bhd. holds a Capital Markets Services Licence under the Securities Commission Malaysia (eCMSL/A0397/2024). Futu Securities International (HK) Limited holds a Hong Kong SFC license under CE No. AZT137 with Type 1, 2, 3, 4, 5, 7, and 9 regulated activities. Moomoo is not on the FCA Warning List, IOSCO investor alerts, or any documented regulator warning list as of the scan date.

What trading platforms does Moomoo offer?

Moomoo's platform stack is proprietary. The Moomoo Desktop application launched in September 2024 in a redesigned form for US retail investors. The Moomoo Web browser interface and the Moomoo Mobile apps for iOS and Android complete the cross-device offering. TradingView integration went live in July 2024, allowing users to trade directly through TradingView charts — Moomoo earned a 4.7-star rating among brokers offering trading on TradingView in August 2024. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are not natively supported. Distinguishing technical features include free real-time Level 2 market data, the Moo Community social trading forum with 29.2 million users, and 50+ advanced charting tools.

What account types does Moomoo offer?

Moomoo's account list varies by jurisdiction. The US arm offers individual cash accounts, margin accounts, joint accounts, and three retirement-account models — Traditional IRA, Roth IRA, and Rollover IRA. The Singapore arm adds Trust accounts and corporate accounts. The Australian arm offers individual, joint, and SMSF (Self-Managed Super Fund) accounts. Demo (Paper Trading) access is available across all markets without time limit. A cash sweep program at the US arm pays interest on uninvested cash, with rates that have reached up to 8.1% APY on promotional tiers (source: WallStreetSurvivor, July 2025).

What is Moomoo's minimum deposit?

Moomoo requires no minimum deposit to open or fund a US cash account. Margin accounts require 2,000 USD under US Regulation T. Pattern Day Trading rules require an account equity of at least 25,000 USD for traders executing four or more day trades within five business days. International market minimums vary by jurisdiction — Singapore and Australia have no formal minimum to open. US clients fund accounts via ACH (Automated Clearing House) transfers and wire transfers; international clients fund via local bank rails such as Faster Payments and SEPA.

Deposit and withdrawal methods

Moomoo supports bank-transfer-only funding across all markets. ACH transfers are free for US clients and clear in 1-3 business days. Wire transfers carry fees that BrokerChooser tested at approximately 30 USD for outgoing wires; bank wire withdrawals took 3 business days in BrokerChooser's tested withdrawal. Faster Payments is available for UK-region accounts where applicable. The Australian arm uses local bank transfer plus PayID and BPAY. There is no card funding, no e-wallet support (PayPal, Skrill, Neteller), and no cryptocurrency funding rail. Outgoing ACAT transfers to other US brokers carry standard transfer-out fees.

Tradeable instruments

Moomoo's product list spans US-listed equities, exchange-traded funds (ETFs), options on US-listed equities, fractional shares, mutual funds, fixed income securities, futures, and 24-hour US trading in select markets (Singapore from May 2023, Australia from June 2023). International access includes Hong Kong-listed equities, China A-shares via Stock Connect, Singapore SGX-listed shares with full SGX memberships, Australian Securities Exchange CHESS-sponsored shares, Japanese stocks, Canadian stocks, and Malaysian stocks. Moomoo launched cryptocurrency trading services through licensed third-party exchanges in Hong Kong and Singapore in August 2024. Moomoo does not offer traditional spot forex pair trading.

Spread and commission structure

Moomoo charges 0 USD commission on US-listed stocks and ETFs. Equity option contracts carry 0.65 USD per contract. Index option contracts carry varying per-contract fees depending on the underlying. Futures contracts cost 1.99 USD per side per standard contract and 0.99 USD per side per micro contract (source: BrokerChooser, May 2026). Cryptocurrency trading carries a 0.49% transaction fee per trade. Standard SEC and FINRA pass-through fees apply on sell orders. Margin interest is tiered by debit balance, with the broker's published rates competitive against major US online brokers.

Leverage and margin requirements

Moomoo's leverage is bound by US Regulation T and equivalent rules in other jurisdictions. Margin accounts can borrow up to 50% of equity for overnight positions, equivalent to 2:1 leverage. Pattern Day Trading accounts with at least 25,000 USD in equity can use 4:1 intraday leverage. The broker does not offer the 1:200 to 1:500 leverage seen at offshore CFD brokers — Moomoo operates as a regulated equities and futures broker, not a contract-for-difference platform. Margin interest is tiered by debit balance.

How does Moomoo's customer support work?

Moomoo's customer service runs through phone, email, and in-app chat channels. The published US support phone number is +1 888 721 0610, with email support at cs@us.moomoo.com. Daily live training webinars and an active Moo Community social forum extend the self-service options. Multilingual support spans English, Chinese (Simplified and Traditional), and additional languages reflecting the broker's Asia-Pacific user base. The platform hosts an active investor education program including paper trading competitions and college-focused stock trading workshops.

Educational resources and analysis tools

Moomoo's educational suite is one of the broker's strongest pillars. The Moo Community social network hosts 29.2 million users sharing market commentary, technical analysis, and trade ideas. The paper trading simulator lets traders practice strategies risk-free across all asset classes. Free real-time Level 2 quotes with full depth-of-book visibility are bundled into all accounts — a feature that competing brokers typically charge for. The platform offers stock screeners filterable by market cap, price, percentage change, volume, turnover rate, and listing date. Daily live training webinars and on-demand training videos cover beginner through advanced topics.

Moomoo mobile app and trading experience

Moomoo's mobile app is available for iOS and Android in all served markets. The app supports order placement, watchlists, options chains, candlestick charts, news feeds, stock screeners, and the Moo Community social forum. TradingView integration allows order entry directly from TradingView charts. The desktop platform — relaunched in September 2024 — runs in parallel for traders who want larger-screen workflows. The mobile app is the primary access point for many international markets, with the 24-hour US trading feature pioneered by Moomoo Singapore in May 2023.

Who is Moomoo best for?

Moomoo's profile fits the active retail investor prioritizing low-cost US equity and options exposure with strong charting and a social community layer. The combination of NASDAQ-listed parent (Futu Holdings, FUTU), SIPC and CIPF investor protection, and multi-jurisdictional Tier-1 licensing across the SEC, FINRA, ASIC, MAS, JFSA, and CIRO addresses the regulatory baseline that most retail brokers' marketing claims. The 0 USD commission structure on US stocks and ETFs and the TradingView integration rounded out the broker's appeal in 2024-2025. Traders who need MT4 / MT5 access, spot forex pair trading, or contracts for difference on indices and commodities will not find them — those instruments sit outside Moomoo's catalog. Account access is limited to residents of the eight licensed jurisdictions; traders outside those markets cannot onboard. The absence of negative balance protection on margin accounts is a fact to weigh against the strong regulatory and insurance baseline.

Forex and derivative products carry high leverage; some or all invested capital may be lost. This content is for information only, not investment advice. Verify the broker's current regulation status with the relevant authority's official site before any investment decision.