Your selected share trading
Moomoo is a digital trading platform launched with the mission to democratise investing, rapidly establishing itself in Australia after launching here in 2022. By combining share trading tools with a community-based user experience, you can get a big picture view of the market and how everyone else is operating. With over 23 million global users and client assets exceeding $74 billion (USD), Moomoo can be a good option whether you’re a novice or an experienced trader.
Low brokerage fees starting at A$3 for ASX trades
CHESS-sponsored broker with personal HIN for Australian shares
Advanced trading tools and real-time data at no extra cost
Access to US and Hong Kong markets with competitive rates
Complex platform interface may overwhelm beginners
Limited access to international markets beyond US and Hong Kong
Moomoo stands out in the Australian trading landscape with its tech-forward approach and value proposition. The platform offers fairly low brokerage rates at just A$3 per trade for ASX-listed securities (or 0.03% of transaction value, whichever is greater), while US trades are available for as low as US$0.99.
Moomoo also comes with a wide range of trading tools and real-time market data which is usually reserved for premium subscribers on other platforms but offered at no additional cost. The platform provides access to detailed company financials, advanced charting capabilities, and AI-powered analytics to help inform trading decisions.
For Australian investors, CHESS sponsorship means that shares are held under their own Holder Identification Number (HIN) instead of being held custodially. The platform also has an integrated social trading feature included as part of a community of over 23 million global users sharing trading ideas.
Trade more than 22,000 shares, ETFs and options across the Australian, US and Hong Kong markets on the moomoo Australia platform. And only pay from A$3 for local CHESS-sponsored trades and US$0.99 for all US trades. Other fees apply. Earn up to 6.8% p.a. introductory rate for 30 days, applicable to up to AU$80,000 on uninvested cash, and get 10 free stocks with eligible deposits (T&Cs apply)
Your selected share trading
Yes, Moomoo is regulated by ASIC and operates as a CHESS-sponsored broker in Australia.
Moomoo provides direct access to Australian (ASX), United States, and Hong Kong markets. You can also gain exposure to other markets through Exchange-Traded Funds (ETFs).
No, Moomoo does not charge platform fees, account keeping fees, or inactivity fees. You only pay brokerage when you trade.
Moomoo offers 24-hour weekday customer service through the app and website.
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