{"id":75443,"date":"2024-04-16T18:46:27","date_gmt":"2024-04-16T10:46:27","guid":{"rendered":"https:\/\/nomoneylah.com\/?p=75443"},"modified":"2024-04-16T19:01:06","modified_gmt":"2024-04-16T11:01:06","slug":"moomoo-malaysia-review","status":"publish","type":"post","link":"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/","title":{"rendered":"Moomoo Malaysia (MY) Review: Almost perfect, with some room for improvements"},"content":{"rendered":"\n<p>The highly anticipated Moomoo MY is finally launched in Malaysia in late February 2024, allowing Malaysians to trade the US and Malaysia stock market at a highly competitive fee. <\/p>\n\n\n\n<p><strong>Personally, I\u2019ve been looking forward for Moomoo MY to be launched in Malaysia as they have been offering great pricing for investors in their Singapore counterpart.<\/strong><\/p>\n\n\n\n<p>So, what is it like to invest through Moomoo MY? How&#8217;s their pricing\/fees like compared to other local brokers?<\/p>\n\n\n\n<p>Let\u2019s find out!<\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-663a0a182925f\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-663a0a182925f\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#Highlights_of_Moomoo_MY\" title=\"Highlights of Moomoo MY\">Highlights of Moomoo MY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#How_is_Moomoo_MY_regulated_Safety_of_Funds\" title=\"How is Moomoo MY regulated + Safety of Funds\">How is Moomoo MY regulated + Safety of Funds<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#Moomoo_MY_fees_pricing_for_the_US_and_Malaysia_stock_markets\" title=\"Moomoo MY fees &amp; pricing for the US and Malaysia stock markets\">Moomoo MY fees &amp; pricing for the US and Malaysia stock markets<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#My_experience_investing_via_Moomoo_MY_Features\" title=\"My experience investing via Moomoo MY (Features):\">My experience investing via Moomoo MY (Features):<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#What_I_wish_could_be_improved\" title=\"What I wish could be improved\">What I wish could be improved<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#%F0%9F%8E%81_Account_Opening_Deposit_Promotion_ending_1352024\" title=\"\ud83c\udf81 Account Opening &amp; Deposit Promotion (ending 13\/5\/2024)\">\ud83c\udf81 Account Opening &amp; Deposit Promotion (ending 13\/5\/2024)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#Verdict_Moomoo_MY_is_providing_the_best_value_for_money_for_Malaysia_investors\" title=\"Verdict: Moomoo MY is providing the best value for money for Malaysia investors\">Verdict: Moomoo MY is providing the best value for money for Malaysia investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#Step-by-step_How_to_open_a_Moomoo_MY_universal_account_make_your_deposit\" title=\"Step-by-step: How to open a Moomoo MY universal account &amp; make your deposit\">Step-by-step: How to open a Moomoo MY universal account &amp; make your deposit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#Moomoo_MY_FAQ_Answers_extracted_directly_from_customer_support\" title=\"Moomoo MY FAQ (Answers extracted directly from customer support)\">Moomoo MY FAQ (Answers extracted directly from customer support)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#Disclaimers\" title=\"Disclaimers:\">Disclaimers:<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-highlights-of-moomoo-my\"><span class=\"ez-toc-section\" id=\"Highlights_of_Moomoo_MY\"><\/span>Highlights of Moomoo MY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li><strong>Locally-regulated broker:<\/strong> Moomoo MY is regulated by the Securities Commission Malaysia (SC). This ensures that Moomoo MY&#8217;s operation and business are conducted within the rules set by the authority to protect Malaysian investors.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Access to US and Malaysia stock markets: <\/strong>Invest in the US and Malaysia stock markets within the moomoo app. <\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Best fee structure for Malaysia-regulated brokers:<\/strong> Moomoo MY offers the most competitive fees for the US and Malaysia stock markets among Malaysia-regulated brokers, with 0 commission trading for all moomoo users for the first 180 days.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Powerful features:<\/strong> Investors of all levels and experience will appreciate the useful features that will alleviate their investing experience, such as a powerful stock screener, 24\/7 news, Moo community, and more. <\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Room for improvements:<\/strong> No fractional shares for US stocks (for now), lack of HK and SG market, and a rather lackluster Help section in the app, where you would not be able to find answers to many important questions. <\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"355\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7-1024x355.png\" alt=\"\" class=\"wp-image-75477\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7-1024x355.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7-300x104.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7-768x266.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7-1536x533.png 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7-350x121.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-7.png 1771w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-is-moomoo-my-regulated-safety-of-funds\"><span class=\"ez-toc-section\" id=\"How_is_Moomoo_MY_regulated_Safety_of_Funds\"><\/span>How is Moomoo MY regulated + Safety of Funds<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>In terms of regulation, Moomoo MY (registered under the name Futu Malaysia Sdn. Bhd.) is regulated by the Securities Commission Malaysia (SC)<\/strong>, with a Capital Markets Services License to operate a legal brokerage business:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image.png\"><img decoding=\"async\" width=\"1024\" height=\"323\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1024x323.png\" alt=\"Moomoo MY is regulated by Securities Commission Malaysia (SC).\" class=\"wp-image-75448\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1024x323.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-300x95.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-768x242.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1536x485.png 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-350x110.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image.png 1902w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Moomoo MY is regulated by Securities Commission Malaysia (SC)<\/figcaption><\/figure>\n\n\n\n<p>This ensures Moomoo MY is operating under the best practices and guidelines set by the Malaysian authority.<\/p>\n\n\n\n<p><strong>In addition, clients&#8217; funds are kept separately from Moomoo MY&#8217;s finances through a custodian bank account. <\/strong>Moomoo MY will not have access to your funds and assets, ensuring clear transparency to avoid fraud. This also ensures that if something happens to Moomoo MY (eg. Bankruptcy), your funds &amp; assets will not be affected.<\/p>\n\n\n\n<p>Furthermore, Moomoo MY clients&#8217; fund is protected by <strong>Capital Market Compensation Fund (CMC Fund)<\/strong>, where clients can claim up to RM100,000 on eligible Malaysia securities\/assets in the unlikely event that Moomoo MY is not able to pay clients due to bankruptcy. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"539\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-6-1024x539.png\" alt=\"Moomoo Malaysia (MY) is regulated by Securities Commission.\" class=\"wp-image-75476\" style=\"width:863px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-6-1024x539.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-6-300x158.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-6-768x405.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-6-350x184.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-6.png 1534w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Source: Moomoo MY official site<\/figcaption><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-moomoo-my-fees-amp-pricing-for-the-us-and-malaysia-stock-markets\"><span class=\"ez-toc-section\" id=\"Moomoo_MY_fees_pricing_for_the_US_and_Malaysia_stock_markets\"><\/span>Moomoo MY fees &amp; pricing for the US and Malaysia stock markets<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the reasons why Moomoo MY took the investing community by storm is its highly competitive pricing for both the US and Malaysia stock markets.<\/p>\n\n\n\n<p>For pricing, Moomoo MY charges a commission and platform fee respectively. <strong>The great news is, new Moomoo MY users will enjoy 0* commission for the first 180 days<\/strong>:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-a-moomoo-my-pricing-for-malaysia-stocks-etfs-reits-and-warrant\">(a) Moomoo MY pricing for Malaysia stocks, ETFs, REITs, and Warrant:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td>Moomoo MY pricing for Malaysia stocks, ETFs, REITs, and Warrant<\/td><\/tr><tr><td>Commission <\/td><td>RM0* for the first 180 days to new users (*0.03% x Transaction Amount thereafter)<\/td><\/tr><tr><td>Platform Fee<\/td><td>RM3\/trade<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-b-moomoo-my-pricing-for-us-stocks-etfs-and-reits\">(b) Moomoo MY pricing for US stocks, ETFs, and REITs:<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><\/td><td>Moomoo MY pricing for US stocks, ETFs, and REITs<\/td><\/tr><tr><td>Commission <\/td><td>USD0* for the first 180 days to new users (*0.03% x Transaction Amount thereafter)<\/td><\/tr><tr><td>Platform Fee<\/td><td>USD0.99\/trade<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3.jpg\"><img decoding=\"async\" width=\"819\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3-819x1024.jpg\" alt=\"Moomoo Malaysia review: Moomoo Malaysia pricing and fees\" class=\"wp-image-75450\" style=\"width:448px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3-819x1024.jpg 819w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3-240x300.jpg 240w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3-768x960.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3-350x438.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg3.jpg 1080w\" sizes=\"(max-width: 819px) 100vw, 819px\" \/><\/a><figcaption class=\"wp-element-caption\">Note: Other non-platform fees apply.<\/figcaption><\/figure><\/div>\n\n\n<h3 class=\"wp-block-heading\" id=\"h-moomoo-my-pricing-vs-other-locally-regulated-brokers\">Moomoo MY pricing vs other locally-regulated brokers:<\/h3>\n\n\n\n<p>In my opinion, Moomoo MY pricing structure offers the best value for Malaysian investors compared to the likes of <a title=\"\" class=\"aalmanual\" href=\"https:\/\/nomoneylah.com\/2021\/02\/08\/rakuten-trade-review\/\">Rakuten Trade<\/a> and M+ Global:<\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-i-moomoo-my-vs-rakuten-trade-fee-comparison-for-the-malaysia-stock-market-promo-first-180-days-0-commission-trades-for-new-users\">(i) Moomoo MY vs Rakuten Trade fee comparison for the Malaysia stock market <em>(Promo: First 180 days 0 commission trades for new users)<\/em>:<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1.png\"><img decoding=\"async\" width=\"850\" height=\"664\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1.png\" alt=\"Moomoo Malaysia vs Rakuten Trade pricing and fees.\" class=\"wp-image-75458\" style=\"width:613px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1.png 850w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1-300x234.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1-768x600.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-1-350x273.png 350w\" sizes=\"(max-width: 850px) 100vw, 850px\" \/><\/a><figcaption class=\"wp-element-caption\">Note: Other non-platform trading fees apply.<\/figcaption><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"h-ii-moomoo-my-vs-rakuten-trade-fee-comparison-for-the-malaysia-stock-market-after-180-days\">(ii) Moomoo MY vs Rakuten Trade fee comparison for the Malaysia stock market <em>(after 180 days)<\/em>:<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-2.png\"><img decoding=\"async\" width=\"866\" height=\"678\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-2.png\" alt=\"Moomoo Malaysia vs Rakuten Trade pricing and fees.\" class=\"wp-image-75459\" style=\"width:634px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-2.png 866w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-2-300x235.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-2-768x601.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-2-350x274.png 350w\" sizes=\"(max-width: 866px) 100vw, 866px\" \/><\/a><figcaption class=\"wp-element-caption\">Note: Other non-platform trading fees apply.<\/figcaption><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"h-iii-moomoo-my-vs-rakuten-trade-vs-m-global-fee-comparison-for-the-us-stock-market-promo-first-180-days-0-commission-trades-for-new-users\">(iii) Moomoo MY vs Rakuten Trade vs M+ Global fee comparison for the US stock market <em>(Promo: First 180 days 0 commission trades for new users)<\/em>:<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-first-180-days.jpg\"><img decoding=\"async\" width=\"864\" height=\"580\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-first-180-days.jpg\" alt=\"Moomoo Malaysia vs Rakuten Trade vs M+Global pricing and fees for the US stock market.\" class=\"wp-image-75451\" style=\"width:621px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-first-180-days.jpg 864w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-first-180-days-300x201.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-first-180-days-768x516.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-first-180-days-350x235.jpg 350w\" sizes=\"(max-width: 864px) 100vw, 864px\" \/><\/a><figcaption class=\"wp-element-caption\">Note: Rakuten Trade users can trade the US market via USD or RM (*Assuming RM1.00 = USD4.80). **Other non-platform trading fees apply.<\/figcaption><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"h-iv-moomoo-my-vs-rakuten-trade-vs-m-global-fee-comparison-for-the-us-stock-market-after-180-days\">(iv) Moomoo MY vs Rakuten Trade vs M+ Global fee comparison for the US stock market <em>(After 180 days)<\/em>:<\/h4>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-after-180-days.jpg\"><img decoding=\"async\" width=\"860\" height=\"559\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-after-180-days.jpg\" alt=\"Moomoo Malaysia vs Rakuten Trade vs M+Global pricing and fees for the US stock market.\" class=\"wp-image-75452\" style=\"width:636px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-after-180-days.jpg 860w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-after-180-days-300x195.jpg 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-after-180-days-768x499.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Us-stock-market-after-180-days-350x228.jpg 350w\" sizes=\"(max-width: 860px) 100vw, 860px\" \/><\/a><figcaption class=\"wp-element-caption\">Note: Rakuten Trade users can trade the US market via USD or RM (*Assuming RM1.00 = USD4.80). **Other non-platform trading fees apply.<\/figcaption><\/figure><\/div>\n\n\n<p>Also, take note of other <strong>non-platform trading fees<\/strong> that are <em><strong>NOT<\/strong> <\/em>charged by Moomoo MY while you trade the stock market:<\/p>\n\n\n\n<ul>\n<li><strong>Malaysia stock market<\/strong><\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-4.png\"><img decoding=\"async\" width=\"550\" height=\"302\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-4.png\" alt=\"\" class=\"wp-image-75465\" style=\"width:368px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-4.png 550w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-4-300x165.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-4-350x192.png 350w\" sizes=\"(max-width: 550px) 100vw, 550px\" \/><\/a><figcaption class=\"wp-element-caption\">For more details, please refer to <a href=\"https:\/\/www.moomoo.com\/my\/pricing\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.moomoo.com\/my\/pricing <\/a><\/figcaption><\/figure><\/div>\n\n\n<ul>\n<li><strong>US stock market:<\/strong><\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-5.png\"><img decoding=\"async\" width=\"429\" height=\"441\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-5.png\" alt=\"\" class=\"wp-image-75466\" style=\"width:353px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-5.png 429w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-5-292x300.png 292w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-5-350x360.png 350w\" sizes=\"(max-width: 429px) 100vw, 429px\" \/><\/a><figcaption class=\"wp-element-caption\">For more details, please refer to <a href=\"https:\/\/www.moomoo.com\/my\/pricing\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.moomoo.com\/my\/pricing <\/a><\/figcaption><\/figure><\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-my-experience-investing-via-moomoo-my-features\"><span class=\"ez-toc-section\" id=\"My_experience_investing_via_Moomoo_MY_Features\"><\/span>My experience investing via Moomoo MY (Features):<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>The moomoo app is one of the most well-designed investing apps that I&#8217;ve used, which managed to combine useful features without compromising much on ease of use. <\/strong><\/p>\n\n\n\n<p>Below are some of my personal favourites while using the moomoo app to invest in stocks:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-real-time-us-and-malaysia-price-quotes-or-price-feed\">#1 Real-time US and Malaysia price quotes (or price feed) <\/h3>\n\n\n\n<p>Moomoo users will be happy to learn that moomoo offers real-time level 2 US market data for FREE (where you usually have to pay on other trading platforms), as well as FREE level 1 MY market data.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"458\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22-1024x458.png\" alt=\"Moomoo Malaysia (MY) users will be getting Free real-time price quotes for US and Malaysia stock markets.\" class=\"wp-image-75522\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22-1024x458.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22-300x134.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22-768x344.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22-1536x687.png 1536w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22-350x157.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-22.png 1547w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>What exactly is Level 2 market data?<\/p>\n\n\n\n<p><strong>Essentially, Level 2 market data allows you to see transaction details (ie. Buy &amp; sell activities) across multiple price levels:<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-1.png\"><img decoding=\"async\" width=\"432\" height=\"690\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-1.png\" alt=\"Moomoo MY Level 2 Real Time Price Datafeed\" class=\"wp-image-75010\" style=\"width:289px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-1.png 432w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-1-188x300.png 188w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-1-350x559.png 350w\" sizes=\"(max-width: 432px) 100vw, 432px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Having level 2 market data is equivalent to having an aerial view of the market.<\/strong>&nbsp;For instance, with Level 2 market data, you can detect in real-time if buyers are buying aggressively (or vice versa) and make better entry decisions.<\/p>\n\n\n\n<p>In short, with level 2 market data, you can get a better gauge of market strength.<\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-visual-information-on-stocks-or-etfs-within-the-app\">#2 Visual information on stocks or ETFs within the app <\/h3>\n\n\n\n<p>In terms of app design, the moomoo app is also the best stock investing app I&#8217;ve tried so far which <strong>puts financial information into easily understandable visuals &amp; charts<\/strong>. <\/p>\n\n\n\n<p>From revenue breakdown, shareholders, dividends, and more, I can get a clear picture of a stock without having to visit other external websites:<\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-revenue-breakdown.jpg\"><img decoding=\"async\" width=\"540\" height=\"903\" data-id=\"75523\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-revenue-breakdown.jpg\" alt=\"Moomoo Malaysia (MY) review: Clear visual information on the financial status of a company.\" class=\"wp-image-75523\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-revenue-breakdown.jpg 540w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-revenue-breakdown-179x300.jpg 179w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-revenue-breakdown-350x585.jpg 350w\" sizes=\"(max-width: 540px) 100vw, 540px\" \/><\/a><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-financial-indicator.jpg\"><img decoding=\"async\" width=\"666\" height=\"1024\" data-id=\"75524\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-financial-indicator-666x1024.jpg\" alt=\"Moomoo Malaysia (MY) review: Clear visual information on the financial status of a company.\" class=\"wp-image-75524\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-financial-indicator-666x1024.jpg 666w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-financial-indicator-195x300.jpg 195w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-financial-indicator-350x538.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-MY-review-Visual-information-for-financial-indicator.jpg 702w\" sizes=\"(max-width: 666px) 100vw, 666px\" \/><\/a><\/figure>\n<\/figure>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-complete-trade-order-execution-features-from-basic-to-advanced-executions\">#3 Complete trade order execution features, from basic to advanced executions<\/h3>\n\n\n\n<p>Having tried many locally-regulated brokerages, I come to appreciate the <strong>different trader order execution<\/strong> features that Moomoo MY is offering to users on the moomoo app.<\/p>\n\n\n\n<p>Aside from the basic market and limit orders, I discovered various order execution features (eg. Stop order, Limit-if-Touched), which makes trade execution more versatile for investors and traders alike, regardless of style.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-23.png\"><img decoding=\"async\" width=\"424\" height=\"812\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-23.png\" alt=\"\" class=\"wp-image-75526\" style=\"width:282px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-23.png 424w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-23-157x300.png 157w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-23-350x670.png 350w\" sizes=\"(max-width: 424px) 100vw, 424px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-4-powerful-screener-amp-24-7-news-update\">#4 Powerful screener &amp; 24\/7 news update<\/h3>\n\n\n\n<p><strong>The stock screener within the moomoo app also impressed me. <\/strong>This screener can be super simple, or as sophisticated as you want.<\/p>\n\n\n\n<p>From fundamental to technical filters, you can filter for stocks based on your preferred criteria:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-8.png\"><img decoding=\"async\" width=\"432\" height=\"830\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-8.png\" alt=\"Moomoo Malaysia (MY) review: Stock screener\" class=\"wp-image-75019\" style=\"width:273px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-8.png 432w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-8-156x300.png 156w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-8-350x672.png 350w\" sizes=\"(max-width: 432px) 100vw, 432px\" \/><\/a><\/figure><\/div>\n\n\n<p>It is also extremely convenient to get the latest financial news in the moomoo app.<\/p>\n\n\n\n<p><strong>Even better, the news is real-time and updated 24\/7, making it easy for you to get in touch with the latest updates of the market and the companies that you are investing in.<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-11.png\"><img decoding=\"async\" width=\"960\" height=\"788\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-11.png\" alt=\"Moomoo Malaysia (MY) review: Get 24\/7 news update\" class=\"wp-image-75024\" style=\"width:515px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-11.png 960w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-11-300x246.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-11-768x630.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-11-350x287.png 350w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-5-moo-community\">#5 Moo community<\/h3>\n\n\n\n<p>Within the moomoo app, you&#8217;ll find a vibrant Moo community, comprised of global moomoo users sharing their thoughts and insights on the market.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_a270900d.jpg\"><img decoding=\"async\" width=\"527\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_a270900d-527x1024.jpg\" alt=\"Moomoo Malaysia (MY) review: Enjoy the vibrant Moo community\" class=\"wp-image-75527\" style=\"width:275px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_a270900d-527x1024.jpg 527w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_a270900d-154x300.jpg 154w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_a270900d-350x681.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_a270900d.jpg 540w\" sizes=\"(max-width: 527px) 100vw, 527px\" \/><\/a><\/figure><\/div>\n\n\n<p>Not to mention various live webinars that allow you to keep up with the most happening events in the market:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_f6dcfec0.jpg\"><img decoding=\"async\" width=\"528\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_f6dcfec0-528x1024.jpg\" alt=\"Moomoo Malaysia (MY) review: Enjoy the vibrant Moo community\" class=\"wp-image-75528\" style=\"width:271px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_f6dcfec0-528x1024.jpg 528w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_f6dcfec0-155x300.jpg 155w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_f6dcfec0-350x679.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/WhatsApp-Image-2024-03-17-at-12.29.21_f6dcfec0.jpg 540w\" sizes=\"(max-width: 528px) 100vw, 528px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-6-earn-2-per-annum-on-your-cash-for-90-days-enrollment-period-19-3-2024-30-4-2024-t-amp-c-applies\">#6 Earn 2% per annum on your cash for 90 days (Enrollment Period: 19\/3\/2024 &#8211; 30\/4\/2024. T&amp;C applies)<\/h3>\n\n\n\n<p>Moomoo MY clients who have opened an account and have assets over or equal to RM6,000 at any point in time during the enrollment period will be eligible to enroll for moomoo&#8217;s 90-day 2% p.a. Cash Return campaign. <\/p>\n\n\n\n<p>To enroll, <a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">open a Moomoo MY universal account HERE<\/a>, then click <a href=\"https:\/\/invest.my.moomoo.com\/cash_return\" target=\"_blank\" rel=\"noreferrer noopener\">HERE<\/a> to enroll.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"662\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/image-662x1024.png\" alt=\"\" class=\"wp-image-75590\" style=\"width:424px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/image-662x1024.png 662w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/image-194x300.png 194w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/image-350x541.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/image.png 739w\" sizes=\"(max-width: 662px) 100vw, 662px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-explore-many-more-exciting-and-useful-features-that-moomoo-has-to-offer\">Explore many more exciting and useful features that moomoo has to offer!<\/h3>\n\n\n\n<p>Aside from the features that I mentioned above, there are MANY more useful gems waiting for you and me to discover on moomoo! <\/p>\n\n\n\n<p>Some other useful features include Market Position Overview, &#8216;Concepts&#8217;, and Short Sale Analysis, which I covered in my <a href=\"https:\/\/nomoneylah.com\/2023\/07\/27\/moomoo-feature-review\/\" target=\"_blank\" rel=\"noreferrer noopener\">Moomoo MY feature review<\/a>. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-6.png\"><img decoding=\"async\" width=\"960\" height=\"788\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-6.png\" alt=\"Moomoo Malaysia (MY) review: Market Position Overview\" class=\"wp-image-75017\" style=\"width:510px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-6.png 960w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-6-300x246.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-6-768x630.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2023\/07\/image-6-350x287.png 350w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/a><figcaption class=\"wp-element-caption\">Moomoo: Market Position Overview shows where other shareholders got into their positions.<\/figcaption><\/figure><\/div>\n\n\n<p>Personally, I am always discovering new features as I explore the moomoo app, and I will update this review as I come across features that I really like!<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-i-wish-could-be-improved\"><span class=\"ez-toc-section\" id=\"What_I_wish_could_be_improved\"><\/span>What I wish could be improved<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>From my time using the moomoo app, there are a few things that I wish could be improved:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-lack-of-several-important-features-such-as\">#1 Lack of several important features such as:<\/h3>\n\n\n\n<ul>\n<li><strong>No fractional shares <\/strong>(ie. ability to buy smaller units, a.k.a. fractional share, such as 0.5 units) for the US stock market (for now).<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>No FPX instant deposit<\/strong> (for now). Only bank transfer is available for the time being, which makes depositing to my Moomoo MY universal account a tad slower.  <\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>No access to Hong Kong and Singapore stock markets<\/strong> (for now). <\/li>\n<\/ul>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-lackluster-help-section\">#2 Lackluster &#8216;Help section&#8217; <\/h3>\n\n\n\n<p>As an online stock investing platform, I find the &#8216;Help&#8217; section of moomoo&#8217;s app to be lacking in important information compared to other competitors. <\/p>\n\n\n\n<p><strong>Simply put, I couldn&#8217;t find answers to many commonly asked questions<\/strong>, such as:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Are there fees to corporate action, such as <a title=\"\" class=\"aalmanual\" href=\"https:\/\/nomoneylah.com\/2022\/09\/01\/dividend-reinvestment-plan\/\">Dividend Reinvestment Plan<\/a> (DRIP) and <a title=\"\" class=\"aalmanual\" href=\"https:\/\/nomoneylah.com\/2021\/01\/14\/rights-issue\/\">rights issue<\/a>? What to do if I want to subscribe to corporate action?<\/em><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8.png\"><img decoding=\"async\" width=\"1024\" height=\"435\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8-1024x435.png\" alt=\"\" class=\"wp-image-75492\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8-1024x435.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8-300x128.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8-768x326.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8-350x149.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-8.png 1115w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Source: Moomoo MY Help Center<\/figcaption><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>How is Moomoo MY regulated? Who\/which bank is the custodian bank that Moomoo MY has appointed to hold customers&#8217; funds? <\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Is Moomoo MY a nominee or direct CDS account for investing in the Malaysia stock market?<\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Can I apply for an IPO? If yes, how?<\/em><\/p>\n<\/blockquote>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Can I apply to join an AGM? If yes, how?<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>As such, from my time using moomoo, I find myself reaching out to Moomoo MY&#8217;s customer support for help &#8211; which is a mixed-bag experience on its own &#8211; more in the next point. <\/p>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-3-my-experience-with-moomoo-my-s-customer-support-is-rather-hit-or-miss\">#3 My experience with Moomoo MY&#8217;s customer support is rather hit-or-miss<\/h3>\n\n\n\n<p>Thanks to a half-baked &#8216;Help&#8217; section, I spent a fair amount of time reaching out to Moomoo MY&#8217;s 24\/5 customer support for help and clarification.<\/p>\n\n\n\n<p>Moomoo MY offers 3 channels for users to reach out for help, namely: <a href=\"https:\/\/consult.moomoo.com\/contact\/message?_ftsdk=1689851591423831&amp;_ga=2.265543628.297149549.1710323404-539434035.1689851596&amp;_gac=1.82041572.1708591997.CjwKCAiA_tuuBhAUEiwAvxkgTtRljONWzlG-4hVc-BIU-a8V4RwX82VXb7kTeUe8tXbjbqyf16w4TxoC1iAQAvD_BwE\" target=\"_blank\" rel=\"noreferrer noopener\">Livechat<\/a>, Phone support (03-9212 0708), and email (<a href=\"mailto:support@my.moomoo.com\" target=\"_blank\" rel=\"noreferrer noopener\">support@my.moomoo.com<\/a>). <\/p>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"h-what-i-appreciate-about-moomoo-my-customer-support\">What I appreciate about Moomoo MY customer support:<\/h4>\n\n\n\n<ul>\n<li>Multiple channels to reach out for help.<\/li>\n\n\n\n<li>24-hour support for live chat and phone support on working days.<\/li>\n\n\n\n<li>Simple questions that require standard answers are addressed quickly. <\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"676\" height=\"348\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-9.png\" alt=\"\" class=\"wp-image-75500\" style=\"width:552px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-9.png 676w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-9-300x154.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-9-350x180.png 350w\" sizes=\"(max-width: 676px) 100vw, 676px\" \/><figcaption class=\"wp-element-caption\">Simple questions are addressed quickly, though I wish the answers can be available in the &#8216;Help&#8217; section instead.<\/figcaption><\/figure><\/div>\n\n\n<h4 class=\"wp-block-heading\" id=\"h-what-i-wish-could-be-better-with-moomoo-my-customer-support\">What I wish could be better with Moomoo MY customer support:<\/h4>\n\n\n\n<ul>\n<li>As an existing Moomoo SG and Moomoo MY user, I am <em><strong>always<\/strong><\/em> directed to Moomoo SG chat agent before I am redirected to Moomoo MY support, where I&#8217;ll need to readdress my questions. I wish Moomoo could streamline the system for both Moomoo MY and Moomoo SG users so it is easier for us to get help. <\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" width=\"673\" height=\"461\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-10.png\" alt=\"\" class=\"wp-image-75501\" style=\"width:487px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-10.png 673w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-10-300x205.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-10-350x240.png 350w\" sizes=\"(max-width: 673px) 100vw, 673px\" \/><\/figure><\/div>\n\n\n<ul>\n<li>I also faced a difficult time trying to get answers to certain questions, such as which exact custody bank\/trust is Moomoo MY using to store clients&#8217; assets (eg. funds, stocks). <\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-24.png\"><img decoding=\"async\" width=\"529\" height=\"387\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-24.png\" alt=\"\" class=\"wp-image-75531\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-24.png 529w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-24-300x219.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-24-350x256.png 350w\" sizes=\"(max-width: 529px) 100vw, 529px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>As a whole, as an online investing\/trading platform, I wish to see more improvements in Moomoo MY&#8217;s Help section and customer support, as they are the only way users can seek assistance when they need help. <\/strong><\/p>\n\n\n\n<p>Regardless, since Moomoo MY is still relatively new to the local market, I shall revisit their Help section and customer support in the coming months and see if there are any improvements.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n<h2 class=\"wp-block-heading\" id=\"h-account-opening-amp-deposit-promotion-ending-13-5-2024\"><span class=\"ez-toc-section\" id=\"%F0%9F%8E%81_Account_Opening_Deposit_Promotion_ending_1352024\"><\/span>\ud83c\udf81 Account Opening &amp; Deposit Promotion (ending 13\/5\/2024)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Moomoo MY is constantly running promotions for new users:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-1-trading-perks\">#1 Trading perks:<\/h3>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7.jpg\"><img decoding=\"async\" width=\"819\" height=\"1024\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7-819x1024.jpg\" alt=\"Moomoo Malaysia (MY) Review: Trading perks for new users\" class=\"wp-image-75533\" style=\"width:476px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7-819x1024.jpg 819w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7-240x300.jpg 240w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7-768x960.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7-350x438.jpg 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Launch-Fees-pg7.jpg 1080w\" sizes=\"(max-width: 819px) 100vw, 819px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-2-account-opening-and-funding-promotion-ending-13-5-2024-t-amp-c-applies\">#2 Account Opening and funding promotion* (*ending 13\/5\/2024. T&amp;C applies)<\/h3>\n\n\n\n<ul>\n<li>Open a Moomoo MY universal account and receive <strong>FREE US Level 2 Market Depth Data, and MY Level 1 Market Depth Data<\/strong>.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>Deposit a cumulative amount of at least RM500, and <strong>get 1x RM50 and 2x RM25 stock cash coupons<\/strong>. Reward will be activated if you maintain at least RM500 or more in assets (cash, stocks, and other assets included) for 60 days.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li>A <strong>1x chance to spin-the-wheel and get the share that the wheel lands on &#8211; either Grab, Under Armour, Coca Cola, Apple, Tesla, or NVIDIA share<\/strong>. Reward will be activated if you maintain at least RM10,000 or more in assets (cash, stocks, and other assets included) for 60 days. Note: You are free to trade stocks during the lock-in period, and the <strong>value fluctuations of your holdings after depositing <em>will not<\/em> affect the unlocking of rewards<\/strong> <strong>&#8211; the key is to maintain a minimum net deposit of RM10,000 throughout the 60 days.\u00a0<\/strong><\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1134\" height=\"1231\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024.jpg\" alt=\"\" class=\"wp-image-75584\" style=\"width:434px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024.jpg 1134w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-276x300.jpg 276w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-943x1024.jpg 943w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-768x834.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-350x380.jpg 350w\" sizes=\"(max-width: 1134px) 100vw, 1134px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-1 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-luminous-vivid-orange-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">Referral Link: Open a Moomoo MY universal account!<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>[Reminder] Remember to claim your account-opening perks!<\/strong> (Under &#8216;Me&#8217; &gt; &#8216;Promotion&#8217; &gt; Click to redeem your account opening and deposit reward)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-1024x512.png\" alt=\"Moomoo Malaysia (MY) account opening promotion\" class=\"wp-image-75532\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-1024x512.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-300x150.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-768x384.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-350x175.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-2 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-luminous-vivid-orange-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">Referral Link: Open a Moomoo MY universal account!<\/a><\/div>\n<\/div>\n<\/div><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-verdict-moomoo-my-is-providing-the-best-value-for-money-for-malaysia-investors\"><span class=\"ez-toc-section\" id=\"Verdict_Moomoo_MY_is_providing_the_best_value_for_money_for_Malaysia_investors\"><\/span>Verdict: Moomoo MY is providing the best value for money for Malaysia investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>The launch of Moomoo MY in Malaysia has certainly disrupted the brokerage industry with its attractive pricing &amp; fee offering, coupled with a featureful investing platform.<\/strong><\/p>\n\n\n\n<p>Now, it is even more affordable for Malaysians to get access to the US and Malaysia stock markets thanks to Moomoo MY. <\/p>\n\n\n\n<p>Despite missing a few features and a slightly lackluster customer support (which I think could be improved with time), I think all these are not dealbreakers for me to recommend Malaysians to give Moomoo MY a try. <\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-3 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-luminous-vivid-orange-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">Referral Link: Open a Moomoo MY universal account!<\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-step-by-step-how-to-open-a-moomoo-my-universal-account-amp-make-your-deposit\"><span class=\"ez-toc-section\" id=\"Step-by-step_How_to_open_a_Moomoo_MY_universal_account_make_your_deposit\"><\/span>Step-by-step: How to open a Moomoo MY universal account &amp; make your deposit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Opening a Moomoo MY universal account is one of the smoothest I&#8217;ve experienced among all the other investing platforms I&#8217;ve tried.<\/p>\n\n\n\n<p><strong>Step 1:<\/strong> Use my referral link <a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">HERE<\/a> <a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">to open your Moomoo MY universal account<\/a>, where you&#8217;ll get to enjoy various account-opening perks. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1134\" height=\"1231\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024.jpg\" alt=\"Moomoo Malaysia April &amp; May 2024 Promotion\" class=\"wp-image-75584\" style=\"width:397px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024.jpg 1134w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-276x300.jpg 276w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-943x1024.jpg 943w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-768x834.jpg 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/04\/Moomoo-account-opening-promo-Apr-to-May-2024-350x380.jpg 350w\" sizes=\"(max-width: 1134px) 100vw, 1134px\" \/><\/a><\/figure><\/div>\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-4 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-luminous-vivid-orange-background-color has-background has-text-align-center wp-element-button\" href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\">Referral Link: Open a Moomoo MY universal account!<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:1px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Step 2:<\/strong> Fill in your personal details<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-12.png\"><img decoding=\"async\" width=\"420\" height=\"761\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-12.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75507\" style=\"width:277px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-12.png 420w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-12-166x300.png 166w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-12-350x634.png 350w\" sizes=\"(max-width: 420px) 100vw, 420px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Step 3:<\/strong> Verify your identity through your IC<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-13.png\"><img decoding=\"async\" width=\"420\" height=\"761\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-13.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75508\" style=\"width:257px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-13.png 420w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-13-166x300.png 166w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-13-350x634.png 350w\" sizes=\"(max-width: 420px) 100vw, 420px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Step 4:<\/strong> Provide your tax information, including your <strong>Tax Identification Number (TIN) (ie. LHDN number)<\/strong>. <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-15.png\"><img decoding=\"async\" width=\"423\" height=\"751\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-15.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75510\" style=\"width:283px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-15.png 423w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-15-169x300.png 169w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-15-350x621.png 350w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/><\/a><\/figure><\/div>\n\n\n<p>Alternatively, if you do not have a TIN number (eg. you are a student), you can enter your IC accordingly.  <\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-14.png\"><img decoding=\"async\" width=\"419\" height=\"415\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-14.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75509\" style=\"width:297px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-14.png 419w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-14-300x297.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-14-150x150.png 150w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-14-350x347.png 350w\" sizes=\"(max-width: 419px) 100vw, 419px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Step 5:<\/strong> Enter your employment details and financial information:<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-16.png\"><img decoding=\"async\" width=\"423\" height=\"731\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-16.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75511\" style=\"width:298px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-16.png 423w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-16-174x300.png 174w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-16-350x605.png 350w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Step 6:<\/strong> You&#8217;ll be required to scan your face for verification purposes.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-17.png\"><img decoding=\"async\" width=\"421\" height=\"686\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-17.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75512\" style=\"width:258px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-17.png 421w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-17-184x300.png 184w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-17-350x570.png 350w\" sizes=\"(max-width: 421px) 100vw, 421px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Step 7:<\/strong> Read through the Customer&#8217;s Declaration and proceed should there be no issue<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-18.png\"><img decoding=\"async\" width=\"423\" height=\"712\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-18.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75513\" style=\"width:255px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-18.png 423w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-18-178x300.png 178w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-18-350x589.png 350w\" sizes=\"(max-width: 423px) 100vw, 423px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>Step 8:<\/strong> If the application goes smoothly, your account should be approved within 1 &#8211; 3 business days. At the same time, you&#8217;ll also receive an email once your account is approved.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19.png\"><img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19-1024x512.png\" alt=\"Moomoo Malaysia (MY) Review: How to open an account\" class=\"wp-image-75514\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19-1024x512.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19-300x150.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19-768x384.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19-350x175.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-19.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>Step 9:<\/strong> Head over to &#8216;Account&#8217; &gt; &#8216;More&#8217; &gt; &#8216;Deposit&#8217; to get instructions on how to make your deposit.<\/p>\n\n\n\n<p>Essentially, the deposit process is through bank transfer, simply log in to your bank account and make the transfer to the Moomoo MY bank details as shown to you.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><a href=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-21.png\"><img decoding=\"async\" width=\"323\" height=\"790\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-21.png\" alt=\"Moomoo Malaysia (MY): How to deposit funds\" class=\"wp-image-75516\" style=\"width:248px;height:auto\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-21.png 323w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-21-123x300.png 123w\" sizes=\"(max-width: 323px) 100vw, 323px\" \/><\/a><\/figure><\/div>\n\n\n<p><strong>[Reminder] Remember to claim your account-opening perks!<\/strong> (Under &#8216;Me&#8217; &gt; &#8216;Promotion&#8217; &gt; Click to redeem your account opening and deposit reward)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/j.moomoo.com\/00JowH\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-1024x512.png\" alt=\"Moomoo Malaysia (MY) account opening promotion\" class=\"wp-image-75532\" srcset=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-1024x512.png 1024w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-300x150.png 300w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-768x384.png 768w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25-350x175.png 350w, https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/image-25.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-moomoo-my-faq-answers-extracted-directly-from-customer-support\"><span class=\"ez-toc-section\" id=\"Moomoo_MY_FAQ_Answers_extracted_directly_from_customer_support\"><\/span>Moomoo MY FAQ (Answers extracted directly from customer support)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Ques: Can I attend AGM for the MY and US stocks that I invest in?<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>Answer: AGM for US stocks: Moomoo MY does not currently support US Shareholders Meeting<\/p>\n\n\n\n<p>AGM for MY stocks: If you want to attend the MY Shareholders Meeting, kindly drop Moomoo MY an email at least 10 business days before the Shareholders Meeting date at <a href=\"mailto:corporateactions@my.moomoo.com\" target=\"_blank\" rel=\"noreferrer noopener\">corporateactions@my.moomoo.com<\/a>, the email needs to include: 1. A description of the content: Live voting or E-voting. 2. Your Name, Moomoo ID, Contact Number, and Stock code for the meeting. 3. The address of current status quo residence. (in English) Upon receiving your email, Moomoo MY will reply to you with any details. <\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Ques: I am an existing Moomoo SG user, can I still use my Moomoo SG universal account after opening my Moomoo MY universal account?<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>Answer: Moomoo MY and Moomoo SG are two different independent brokerage, will not affect each others<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Ques: Any fees for corporate actions like DRIP, and rights issue?<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>Answer: Moomoo MY does not charge any processing fees for corporate actions of stocks (except for handling General Meeting matters). However, any third-party\/exchange charges are still applicable to client.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>Ques: Is Moomoo MY a nominee or direct CDS account for investing in Malaysia stocks?<\/em><\/p>\n<\/blockquote>\n\n\n\n<p>Answer: Nominee CDS account<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div style=\"height:2px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-disclaimers\"><span class=\"ez-toc-section\" id=\"Disclaimers\"><\/span>Disclaimers:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>All views expressed are the independent opinions of myself, which are not shared by Futu Malaysia Sdn. Bhd. (&#8220;Moomoo MY&#8221;). No content shall be considered financial advice or recommendation. Moomoo MY links are included in this post, through which referrals are made and I may receive certain commissions. Please contact Moomoo MY for more information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The highly anticipated Moomoo MY is finally launched in Malaysia in late February 2024, allowing Malaysians to trade the US [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":75540,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[333,346],"tags":[205,328,352,404,409],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v22.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Moomoo Malaysia (MY) Review: Almost perfect, with some room for improvements - No Money Lah<\/title>\n<meta name=\"description\" content=\"Check out my review of Moomoo Malaysia (MY), where I cover fee comparison between Moomoo MY vs Rakuten Trade and M+ Global, the pros and cons of Moomoo MY, and more!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Moomoo Malaysia (MY) Review: Almost perfect, with some room for improvements\" \/>\n<meta property=\"og:description\" content=\"Check out my review of Moomoo Malaysia (MY), where I cover fee comparison between Moomoo MY vs Rakuten Trade and M+ Global, the pros and cons of Moomoo MY, and more!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/\" \/>\n<meta property=\"og:site_name\" content=\"No Money Lah\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T10:46:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-16T11:01:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Malaysia-Review-article-art-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chin Yi Xuan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chin Yi Xuan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"20 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/\"},\"author\":{\"name\":\"Chin Yi Xuan\",\"@id\":\"https:\/\/nomoneylah.com\/#\/schema\/person\/0a240fe70ae67be73c1ebd53501f2f98\"},\"headline\":\"Moomoo Malaysia (MY) Review: Almost perfect, with some room for improvements\",\"datePublished\":\"2024-04-16T10:46:27+00:00\",\"dateModified\":\"2024-04-16T11:01:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/\"},\"wordCount\":2525,\"publisher\":{\"@id\":\"https:\/\/nomoneylah.com\/#\/schema\/person\/0a240fe70ae67be73c1ebd53501f2f98\"},\"image\":{\"@id\":\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/nomoneylah.com\/wp-content\/uploads\/2024\/03\/Moomoo-Malaysia-Review-article-art-1.jpg\",\"keywords\":[\"Rakuten Trade\",\"US stock trading\",\"Bursa Malaysia\",\"M+ Global\",\"Moomoo Malaysia (MY)\"],\"articleSection\":[\"Investing\",\"Recommended Brokers\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/\",\"url\":\"https:\/\/nomoneylah.com\/2024\/04\/16\/moomoo-malaysia-review\/\",\"name\":\"Moomoo Malaysia (MY) Review: Almost perfect, with some room for improvements - 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