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moomoo

The Next-Gen Online Trading Platform with Commission-Free Trading

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Community summary

moomoo is a global investment and trading platform owned by Futu Holdings, a Hong Kong-headquartered holding company. Founded in 2018, moomoo provides a fully digital trading experience with access to stocks, ETFs, options, and more. The platform offers powerful tools, real-time market data, interactive social features, and investor education with low to no trading fees.

Broker specification

Markets, costs, accounts and operations

Source-attributed product facts checked 2026-08-01. Terms can vary by legal entity, account type and client jurisdiction; verify the linked official documents before opening an account.

Stocks & ETFsFutures & OptionsCopy & SocialMulti-Asset
Minimum deposit
$0 (can open and fund account with any amount, though margin accounts require $2,000 minimum for margin privileges)
Spread from
Not source-confirmed
Commission from
$0 (commission-free for standard retail orders)
Maximum leverage
2:1 (up to 2x buying power on margin accounts with 50% initial margin requirement for stocks)

Markets & instruments

Asset classes
Stocks · ETFs · Options · Forex
Execution model
Market maker · ECN
Client types
retail

Platforms & accounts

Platforms
Mobile app (iOS/Android) · Web platform · Desktop application · Paper trading platform · TradingView integration
Account types
Individual Margin Account · Individual Cash Account
Base currencies
USD · SGD · AUD · CAD · HKD · CNH · JPY · EUR · GBP

Funding

Deposit methods
ACH transfer · Wire transfer · Instant transfer · Apple Pay · Google Pay
Withdrawal methods
Wire transfer · ACH transfer · Check

Support

Channels
Live chat (24/7) · Phone · Email · Online inquiry
Languages
English · Chinese · Mandarin
Hours
Live chat 24/7; Phone support 8:30 AM - 4:30 PM EST (Monday-Friday); Email support available 24/7 with 1-2 business day response

Account capabilities

Demo account
Islamic account
Copy trading
Negative balance protection

Key features

  • $0 commission on stocks, ETFs, and options
  • $0 contract fees on options
  • Fractional shares available
  • Paper trading with $1 million virtual money
  • Advanced charting and research tools
  • Real-time market data
  • Shariah screening tool (in select regions)
  • Social trading and copy trading features
  • Options strategies guides
  • Margin trading available

Fees and trading costs

Zero commission on stocks, ETFs, ADRs, REITs, and options trading. No contract fees on options. Regulatory fees apply for sales (SEC Fee, Trading Activity Fee). Margin rate of 6.8% for accounts with debit balances under $25,000.

Investor protection

SIPC insurance coverage up to $500,000 per account ($250,000 for cash claims). Member of FINRA. SEC registered broker-dealer.

Official terms Funding information Platform information
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Trustpilot

Checked 2026-08-01

3.0
505 reviews
Recurring positives: Zero commission trading on stocks and ETFs attracts cost-conscious investors · User-friendly mobile app and desktop platform with good synchronization · Advanced trading tools and real-time data accessible without extra fees · Diverse asset classes including stocks, options, ETFs, and international markets · Educational resources and community features help newer traders learn
Recurring concerns: Customer service response times can be slow during peak hours · Some users report issues with account funding and withdrawal delays · Platform can have occasional technical glitches and bugs · Limited customer support availability for non-English speakers in certain regions · High margin rates (6.8% for accounts under $25,000) compared to some competitors
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