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moomoo Share Trading

Advertiser disclosure
The details shown below are for the Share Trading
The details shown below are for the Share Trading (ASX Market Depth Data)

Choose the version of this product that suits you best

Name
Share Trading
Share Trading (ASX Market Depth Data)
  • Share Trading
  • Share Trading (ASX Market Depth Data)
Small trade brokerage with conditions
$3.00
0.03% the transaction amount, minimum $3.00 per order
Large trade brokerage with conditions
0.03%
0.03% the transaction amount, minimum $3.00 per order
Monthly fee
$0.00
Go to site
Small trade brokerage with conditions
$3.00
0.03% the transaction amount, minimum $3.00 per order
Large trade brokerage with conditions
0.03%
0.03% the transaction amount, minimum $3.00 per order
Monthly fee
$22.00

Mozo editorial review moomoo Share Trading - last updated: 23 January 2024

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What's hot
  • Lifetime access to level 2 real-time US market data (T&Cs apply)
  • 24/5 US trading (including overnight sessions)
  • Full access to AI-powered analysis tools and pro-level features
  • US-patented charting toolbox with over 100 technical indicators
  • Unlimited access to 24/7 global market news (Bloomberg, Benzinga, Reuters etc.)
What's not
  • Custodial structure: non-CHESS sponsored shares for ASX
Mozo snapshot

Unlike most trading platforms, moomoo doesn't offer 'Pro' accounts or subscription models with features and tools that are otherwise unavailable to basic account holders. All moomoo users will have full access to pro-level features including AI-powered analysis tools, plus a very competitive brokerage rate for both ASX and US shares. 

Moomoo’s platform works on a custodial structure, which removes the $500 minimum investment rule on ASX shares, meaning you are able to hold as little as one share or unit.

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Key features

Trading Australian shares and ETFs with moomoo starts at a very competitive A$3 or 0.03% (whichever is larger) per order. This fee is inclusive of the brokerage fee and platform fee. 

Trading US shares and ETFs will cost you a flat rate of only US$0.99 per trade. 

Moomoo offers unparalleled access to US stock and ETFs, with free level 2 US market data, 24/5 FX conversion and competitive US trading fees. Moomoo is also the first in Australia to offer 24/5 round-the-clock US trading, which allows traders to access the pre-market, post-market and overnight sessions.

Moomoo is fully regulated in Australia (AFSL no. 224663) and a member of SIPC. The parent company is also Nasdaq-listed (NASDAQ: FUTU) and holds over 50 licences in major financial markets.

New moomoo users are entitled to all offers:

Offer 1 | Cash Plus promo*: New moomoo customers will receive one AMC share upon registration. The gift share can be claimed when the new client successfully opens a moomoo AU trading account within the App.

New moomoo clients who successfully open a moomoo AU account and join the Cash Plus program will receive 6.8% p.a. intterest on their uninvested cash for 180 days. Just note, moomoo is not registered as an ADI, meaning your deposit may not be eligible for the government's Financial Claims Scheme.

Make sure you read through the terms and conditions on the moomoo website for more information about how this promotional offer works, including the calculation of your daily asset value.  

Offer 2 | Free stocks promo: New moomoo customers can receive up to 10 free US stocks with eligible deposits (with conditions, including minimum deposit and account balance requirements). If you deposit AU$100, you receive 3 free US stocks; if you deposit AUD$2,000, you get an additional 7 free USA stocks on top of the 3 (T&Cs). 

Offer 3 | Level 2 US market data promo: Free level 2 US market data with live quotes, market depth and course of sale.

^Other pass-through fees may apply.

*T&Cs apply. Offer available for up to an AUD $100,000 uninvested cash balance or equivalent. A base rate of 3.75% applies after the 180-day period. Rates may be subject to change. Moomoo is not a bank, and the Cash Plus feature is not a bank deposit.

AFSL 224663. All investments carry risk. Please consider our FSG and other legal documents before deciding to use our services.

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Who is it good for

Moomoo is great for investors of all levels looking to trade beyond ASX shares, and into US and HK stocks and ETFs. The platform offers access to over 15,000 global shares and ETFs, and a comprehensive suite of innovative features and tools to help users navigate these major financial markets. 

Novice investors can take advantage of the vibrant and supportive Moo community with 20M users worldwide, and gain valuable knowledge through an extensive in-app library of over 1,200 investment courses and tutorials. On the other hand, advanced traders can leverage moomoo's pro-level features and AI-powered tools to stay informed and trade at the speed of the market. 

For Australian investors who were previously unable to access the US market due to late trading hours, moomoo offers a solution with its 24/5 round-the-clock US Trading. While its ASX shares aren't CHESS sponsored, users can have confidence in trading the US market with moomoo, knowing that the company complies with the US Securities and Exchange Commission (SEC) requirements and is a member of SIPC.

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Any catches

Customers should note that when performing a currency conversion, there is a small FX spread fee charged on top of the wholesale exchange rate. Read through moomoo’s pricing information for details. 

Details

Rates and fees information correct as at 4 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Fees

$3.00

0.03% the transaction amount, minimum $3.00 per order

0.03%

0.03% the transaction amount, minimum $3.00 per order

ASX trades are 0.03% the transaction amount, minimum $3.00 per order. US trades from $0.99 USD, other fees apply.

n/a

$0.00

n/a

Ongoing free access to real-time US market data.

Tools

yes

Features

none

none

One account for multi markets with 24/7 in-app currency exchange (AUD/USD)

Additional fees apply for US trades.

Details

Rates and fees information correct as at 4 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Fees

$3.00

0.03% the transaction amount, minimum $3.00 per order

0.03%

0.03% the transaction amount, minimum $3.00 per order

ASX trades are 0.03% the transaction amount, minimum $3.00 per order. US trades from $0.99 USD, other fees apply.

n/a

$22.00

n/a

Ongoing free access to real-time US market data.

Tools

dynamic

yes

Features

none

none

One account for multi markets with 24/7 in-app currency exchange (AUD/USD)

Additional fees apply for US trades.

Customer Reviews

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About moomoo

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