Moomoo at a glance
Moomoo (part of Futu) is a popular investing app offering stocks, ETFs, options and funds with advanced analytics, regulated in Singapore by MAS.
Moomoo reports a founding year of 2019 and a head office in Singapore. It lists 6 regulators and 3 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for Moomoo. The BrokerBazaar Intelligence Score is 83/100 (low risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
Moomoo operates through 4 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by no regulator we could map to a public register.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Moomoo states that it accepts clients from Singapore, USA, Australia, Japan. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Stocks, ETFs, Options, Futures, Forex, CFDs, Funds, Cryptocurrencies, US Treasury, REITs, DLCs, Structured Warrants. Platforms: Moomoo App, Moomoo Desktop, Moomoo Web. Account types: Universal Account, FX Account.
Best-for tags assigned by our team: Stock Traders, ETF Investors, Options Traders, Futures Traders, Forex Traders, Active Traders, Multi-Asset Investors, Singapore Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $0. Spreads start from 0.6 and commission is None (standard) · $0.99 (raw). Maximum leverage is 1:20, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, PayNow, FAST, eGIRO. Withdrawal methods: Bank Transfer, PayNow.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account. Check that regulator's rules on its register.
Complaints and dispute process
Formal complaints: clientservice@sg.moomoo.com. Phone: +65 6321 8888. 24/5, Moomoo also provides online inquiry through its customer-service system.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Powerful free analytics and data
- Strength: Low trading costsMAS-regulated Singapore brokerage
- Strength: Zero minimum deposit
- Strength: Up to 1:20 leveraged FX
- Strength: Forex spreads from 0.6 pips
- Strength: Zero commission on leveraged Forex
- Strength: Broad multi-asset product range
- Strength: Stocks, ETFs, options and futures
- Strength: Cryptocurrency trading under Singapore MPI licence
- Strength: Moomoo proprietary trading platform
- Strength: 24-hour trading-day customer support
- Strength: Multiple regulated international entities
- Strength: CDP membership in Singapore
- Strength: SGX trading and clearing membershipsMAS-regulated CMS licensee
- Strength: Beginner-friendly app
- Limitation: Leverage is limited to 1:20 for Singapore FX clients
- Limitation: Product availability varies substantially by jurisdiction
- Limitation: Commissions and platform fees vary by asset class
- Limitation: Some zero-commission offers are promotional or subject to conditions
- Limitation: Moomoo operates through multiple legal entities, so regulatory protection depends on the client's entity
- Limitation: The platform is primarily designed for securities and multi-asset investing rather than pure forex trading
- Limitation: External ratings are generally brand-level and may not specifically represent Moomoo Singapore
Who this broker suits, and who it does not
Moomoo is most relevant to traders looking for: Stock Traders, ETF Investors, Options Traders, Futures Traders, Forex Traders, Active Traders, Multi-Asset Investors, Singapore Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Moomoo change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Moomoo yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Moomoo
Data sources. Broker submission, the regulator registers linked above, MAS Financial Institutions Directory; company disclosure CMS101000, web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 4/5; WikiFX 8.26/10; Google Play Store 4.4/5; Apple App Store 4.7/5; Google Play Store 4.4/5; Finder (Customer Review Summary) 3.4/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Moomoo. How we make money. Trading leveraged products carries a high risk of loss.