Moomoo Singapore Review (2026): My likes and dislikes of this trading platform

What happened?

With so many trading platforms and brokerages to choose from, I know many of you are wondering which one might be worth trying out.

Since Moomoo Singapore launched in 2021, it’s been gaining popularity among local investors.

I’ve been using the Moomoo SG app myself since 2021 to trade, and I’ve had a good experience with it so far.

In this review, I’ll be sharing what I like about using Moomoo SG, along with some areas where I think there’s room for improvement.

If you’re like me and want a trading platform that’s packed with features but still super easy to navigate, keep reading to find out more!

What I like about Moomoo SG: Low commissions for US and Singapore stocks, user-friendly mobile app, offers CDP linkage for Singapore stocks, and education resources

What I would like to see on Moomoo SG: Trading on London Stock Exchange and web trading platform

🎁 Want to get started with Moomoo and receive an exclusive S$50 FairPrice voucher? Find out how to claim it.

Moomoo SG at a Glance

• Moomoo SG is a low-cost digital stock-trading platform that gives users access to US, Hong Kong, and Singapore stock markets, with additional access to markets such as China A-shares and Japan on selected products.
• Fees for Singapore stocks: 0.03% commission fee, minimum S$0.99; 0.03% platform fee, minimum S$0.99
• Fees for US stocks: US$0.99 platform fee per order
• Also offers US options and futures trading for more advanced users
• Moomoo Cash Plus: park idle cash in selected money market funds, with 0 subscription and redemption fees and the flexibility to redeem anytime
• Supports direct CDP linkage for Singapore shares
• Beginner-friendly tools such as paper trading and educational resources

What I like about Moomoo SG

#1 - Low commissions

Fees for trading US Stocks on moomoo SG

Moomoo charges just US$0.99 per order when trading US stocks. I like that this is a flat fee, no matter how big or small my trade is. This is unlike other brokers that charge a percentage of the trade value.

One thing I really appreciate is that Moomoo doesn’t charge any maintenance or inactivity fees, so if I’m not actively trading for a while, I won’t get hit with extra costs. 

This is especially helpful for someone like me, or any first-time investor, who might take things slow when it comes to investing.

Fees for trading Singapore Stocks on moomoo SG

For Singapore stocks, I get to enjoy zero commissions in the first year. Though, there’s still a 0.03% platform fee (with a minimum of S$0.99) per trade. 

After the first year, a 0.03% commission (also with a S$0.99 minimum) kicks in on top of the platform fee.

So I will have to keep in mind that I’ll be paying at least S$1.98 per trade for Singapore stocks after the first year. 

In short, the fees I’m incurring with Moomoo SG is affordable, which is a big plus for my investing strategy.

#2 - Easy account opening, no minimum deposit, no deposit fee

Another thing I really appreciate about Moomoo SG is that it’s an excellent online brokerage for both beginner investors and professional traders seeking a robust platform. 

I found it incredibly easy to get started, as I was able to open an account digitally in just 1 to 3 days.

What’s even better is that there’s no minimum funding amount required to register an account, which makes it accessible for everyone. 

Plus, I won’t be charged any deposit fees for the money I put into my brokerage account, which is a nice bonus.

#3 - User-friendly mobile trading app

I’ve found the Moomoo SG mobile app to be incredibly intuitive and user-friendly, even for those of us who haven’t used any brokerage platforms before.

It provides access to various charting tools and market-related data that I can use for my own research.

The interface is designed to present market information in a way that’s both accessible and digestible, whether it’s organized by ETFs, sectors, or themes. 

I also love the helpful features, like the heat map, which offers a great visual representation of the latest price movements in the market.

Overall, I think the Moomoo SG app has an interface that is really easy to navigate, making my trading experience much smoother.

#4 - Access to funds

Another great feature of Moomoo SG is the access it provides to various asset classes beyond just stocks. 

One standout option is Moomoo Cash Plus, which allows me to invest in money market funds. This is particularly useful because it lets me earn a higher yield on my cash holdings that aren’t currently allocated to stock investments.

What I really appreciate about Moomoo Cash Plus is its flexibility. I can easily manage my cash, making it a smart way to maximize my returns while keeping my funds accessible. 

Additionally, Moomoo Cash Plus offers a level of safety, as money market funds typically invest in low-risk, short-term instruments. This enhances my investment strategy by providing a reliable way to grow my cash holdings without locking them away.

#5 - Offers CDP linkage for Singapore stocks

One of the strongest upgrades for moomoo SG in 2025 is its support for direct CDP linkage. 

With this feature, I can now hold SGX shares directly in my own Central Depository (CDP) account while still enjoying everything that makes moomoo great: low fees, a modern mobile interface, and powerful research and data tools. 

Moomoo charges a minimum commission of S$4.99 (or 0.10% of trade value), plus a platform fee of S$4.99 (or 0.12% of trade value) per trade.

This is lower compared to the other CDP-linked brokerage accounts I’ve used previously, where the minimum commission fee is around S$25 or S$27 per trade.

This new feature makes Moomoo one of the few low-cost broker platforms that lets you buy and sell directly into your CDP. 

Learn more about how to link your CDP account to Moomoo here.

#6 – Access to options and futures trading

Another area where Moomoo SG has become more useful is in derivatives trading. 

Beyond stocks and ETFs, it also offers access to US stock options, US index options, and selected futures markets in both Singapore and the US. 

For options traders, what stands out is that Moomoo SG supports more than just simple call and put trades. It supports more advanced trades too, including 2- to 4-leg option strategies and rolling positions. 

For example, you can use it for multi-leg strategies, manage existing options positions by rolling them, or trade index options if you prefer to express a macro view rather than bet on a single stock.

In terms of pricing, Moomoo Singapore currently charges US options under either a fixed or tiered fee plan. 

The fixed plan commission at US$0.65 per contract, with a minimum fees of US$1.99 per order, as well as a platform fee of US$0.30 per contract, with a minimum fees of US$0.99 per order. 

If I expect to trade fewer than 200 contracts a month, I would likely go with the Fixed Plan.

There is also a monthly 0-commission period for new clients on US options, although exchange and regulatory fees can still apply.

On the futures side, Moomoo SG provides access to both SGX and US-listed futures products, which broadens the platform’s appeal for more active traders.

In Singapore, the available contracts include products such as SGX FTSE China A50 Index Futures and mini KRW/USD FX futures. In the US market, it includes contracts such as E-mini and Micro E-mini Dow, S&P 500, and Nasdaq-100 futures.

The fees for trading futures vary depending on the contract, but as a guide, the SGX FTSE China A50 futures contract is currently priced at US$0.99 commission plus a US$1 platform fee and US$1.10 exchange fee per contract per side, while E-mini Nasdaq-100 futures contracts are priced at US$1.99 commission plus a US$1 platform fee, US$1.38 exchange fee and US$0.02 regulatory fee per contract per side. 

That said, options and futures are margin products and are more complex than buying stocks outright. If I’m using Moomoo SG for these products, I’d see them as tools for hedging or more tactical trades rather than something I’d recommend for a beginner just starting out.

To learn more about options trading, you can read our guide to options trading here. 

To understand how futures trading works, you can check out our article on futures in investing here. 

#7 – Community and educational resources

Lastly, I really enjoy the community and learning resources available on Moomoo SG. 

There’s a wealth of educational materials, including news articles, webinars, video guides, tutorials, and demo accounts that I can access at any time.

In the ‘Discover’ tab, I find four widgets: Moo, Learn, News, and Papertrade. Moo is the platform’s online community, boasting over 19 million users across more than 200 countries, which creates a great environment for sharing insights. 

The Learn section shows Moomoo’s commitment to enhancing financial wellness by providing valuable educational content.

With the Moomoo SG app, I also get free access to financial news from reliable sources like CNBC, Dow Jones Newswires, and the Moomoo SG news team. 

Plus, the Papertrade function allows me to practice trading with a simulated account, which is perfect for honing my skills without any financial risk.

For users who prefer more hands on guidance with the app, Moomoo also has a physical store, which serves as a high touch avenue for retail investors to engage with Moomoo and have their questions answer by Moomoo representatives in-person. 

Find out more about our experience visiting a  Moomoo store here

What I would like to see on Moomoo SG 

#1 - No trading on London Stock Exchange

Currently, Moomoo SG does not offer trading on the London Stock Exchange, which means I can’t buy Irish-domiciled ETFs on the platform. 

This is a bit of a downside, especially for investors like me who might want a low-cost way to dollar-cost average into popular options like the Vanguard All-World or VWRA ETF.

If I’m using the Moomoo SG platform, I’ll need to consider looking for a global ETF that’s listed in the US instead, which may not be as ideal for my investment strategy.

#2 - No web trading platform

Unfortunately, Moomoo SG doesn’t offer a web trading platform that allows me to log in and out seamlessly.

If I want to access Moomoo on my laptop, I’ll need to download the Moomoo SG desktop platform instead.

On the bright side, the desktop platform comes with a solid suite of tools and functions that can definitely help me in my investing journey, making it worth the extra step of downloading.

Is Moomoo SG safe and trustworthy?

While the name might sound a bit goofy, Moomoo SG is definitely a licensed broker. It’s run by Futu Singapore Pte Ltd, which is a subsidiary of the fintech company Futu Holdings Limited. 

They hold 43 operating licenses across major financial markets, including the United States, Hong Kong, and Singapore.

So, if you were wondering, yes, Moomoo SG is licensed and regulated by the Monetary Authority of Singapore, giving me peace of mind about the platform’s credibility.Source: MAS FI Directory

🎉 Bonus for new users: Get a S$50 Fairprice voucher when you open a Moomoo account via Beansprout.

Moomoo SG vs Tiger Brokers vs Webull: Which would I choose?

If you're curious about how Moomoo SG stacks up against other popular brokers like Tiger and Webull, I’d recommend checking out the comparison table below.

Moomoo SG is cheaper than Tiger Brokers for trading US stocks when you factor in both commission and platform fees. 

Furthermore, Moomoo offers a flat US$0.99 platform fee, regardless of trade value. This puts Moomoo ahead of Webull when it comes to trades larger than US$2,000. 

When it comes to trading Singapore stocks, Moomoo charges a total of 0.06% (0.03% commission + 0.03% platform fee), with a minimum of S$1.98 per trade. While the commission is identical to Tiger Brokers', the latter has a slightly higher minimum of S$1.99.

It is also worth highlighting that Moomoo Singapore is currently running a few promotions for new users.

For Singapore stocks, Moomoo offers zero commission for the first year, bringing the total fee down to 0.03% with a minimum of S$0.99 per order. 

For US options, new clients can also enjoy monthly zero-commission trading, which reduces the total fee to US$0.30 per contract, with a minimum of S$0.99 per order.

💡 Thinking of joining Moomoo, sign up via Beansprout to get S$50 Fairprice voucher.

What would Beansprout do?

If I’m just starting out and want a platform that feels easy to use without giving up too much on features, Moomoo SG would be one of my top picks.

It combines low fees with a very user-friendly app, which makes it easy for me to start investing in Singapore, US, and Hong Kong stocks without feeling overwhelmed. 

I also like that it offers useful educational resources, paper trading, and research tools, so it can support me not just when I’m placing my first trade, but also as I become a more confident investor over time.

For those who want more flexibility, the addition of CDP linkage for Singapore stocks is a meaningful plus, while access to options and futures gives the platform room to grow with more advanced users, too. 

However, I would love to see Moomoo SG offer trading on the London Stock Exchange, as well as introduce a web-based trading platform for those of us who prefer trading on a desktop or laptop.

Overall, I think Moomoo SG stands out as one of the best trading platforms for beginners in Singapore today, especially if I want a balance of affordability, ease of use, and features.

Plus, Moomoo SG offers an attractive sign-up promotion, which is a bonus for new users who are looking to try out the brokerage platform.

Moomoo Exclusive Promotion

Learn more about the Moomoo promotion here.

Here’s a step-by-step look at how I earned S$270 in rewards with Moomoo as a new user.

Ready to start your investing journey? Sign up for a Moomoo SG account here.

If you’re looking to compare Moomoo to other brokers in Singapore to invest in stocks and ETFs, check out our guide to the best online brokerage platforms. 

If you are looking to trade options, you can discover the best options trading platforms in Singapore here where we compare the features, fees, and tools. 

If you have a question about Moomoo SG, ask us in the Q&A section below.

This article contains affiliate links. Beansprout may receive a share of the revenue from your sign-ups to keep our site sustainable. You can view our editorial guidelines here.