moomoo offers commission-free trading with free Level 2 data and access to US, Hong Kong, and China A-share markets.
✓ Pros
- Free Level 2 data
- US + Asian market access
- Advanced charting
- Paper trading
✗ Cons
- Backed by Chinese company
- Options $0.65/contract
- Limited retirement account options
Fees & costs
- Min. deposit
- €$0
- Trading
- $0 voor US aandelen, ETF's en equity options. Index options: $0.50 per contract. Oversized option orders: $0.10 per contract extra.
- Stock fee
- $0
- Spread
- N/A (commission-free equities)
- Deposits
- Free
- Withdrawals
- Free (domestic)
- Inactivity
- None
Platforms & features
✓
Free Level 2 Data
Nasdaq TotalView Level II quotes at no cost
✓
Extended Hours Trading
Trade from 4:00 AM to 8:00 PM EST
✓
Paper Trading
Practice with virtual money
✓
Mobile App
Feature-rich iOS and Android apps
✓
Desktop Platform
Full-featured Windows and Mac applications
✓
Asian Market Access
Trade Hong Kong and China A-shares
✓
Social Features
Follow traders, discussions, and news
✓
Advanced Charting
Technical analysis with 100+ indicators
Who this fits best
✓ Active traders✓ asian_market_interested✓ technical_analysts
Note: backed by chinese company.
Account opening steps
- 1.
Download the App
Get the moomoo app from App Store or Google Play
- 2.
Create Account
Sign up with your email or phone number
- 3.
Verify Identity
Provide your SSN and upload a photo ID
- 4.
Fund Your Account
Link your bank account and transfer funds via ACH or wire
- 5.
Start Trading
Access free Level 2 data and trade US, Hong Kong, or China A-shares
Frequently asked
Is moomoo commission-free?
Yes, moomoo offers $0 commission on US stocks and ETFs. Options are $0.65 per contract. Hong Kong and China A-share trading has separate fee structures.
What is Level 2 data and why is it valuable?
Level 2 data shows the full order book with bid/ask prices and sizes from market makers. moomoo offers Nasdaq TotalView Level II for free, which typically costs $20-30/month elsewhere.
Is moomoo safe?
moomoo is regulated by the SEC and FINRA, and is a member of SIPC protecting securities up to $500,000. The platform is backed by Futu Holdings, a Nasdaq-listed Chinese company.
Can I trade Asian markets on moomoo?
Yes, moomoo offers trading in Hong Kong stocks, China A-shares (via Stock Connect), and US markets all in one account.
Does moomoo offer paper trading?
Yes, moomoo offers a paper trading feature that allows you to practice trading with virtual money using real market data.
What are moomoo's extended hours?
moomoo offers pre-market trading from 4:00 AM EST and after-hours trading until 8:00 PM EST.
Who owns moomoo?
moomoo is owned by Futu Holdings Limited, a Nasdaq-listed Chinese financial services company. Futu operates both moomoo (US-focused) and Futubull (Asia-focused) platforms.