Moomoo App - A Comprehensive Online Trading Platform
The moomoo app is a robust online trading platform provided by Moomoo Technologies Inc. Through the moomoo app, users have access to a wide range of securities, brokerage products, and related services. These offerings are made possible in partnership with reputable brokerage firms.
- Moomoo Financial Inc. - Regulated by the U.S. Securities and Exchange Commission (SEC)
- Moomoo Financial Singapore Pte. Ltd. - Regulated by the Monetary Authority of Singapore (MAS)
- Futu Securities International (Hong Kong) Limited - Regulated by the Securities and Futures Commission of Hong Kong (SFC)
- Moomoo Financial Canada Inc. - Regulated by the Canadian Investment Regulatory Organization (CIRO)
- Moomoo Securities Australia Ltd - Regulated by the Australian Securities and Investments Commission (ASIC)
Protection and Risk Disclosure
Brokerage accounts with Moomoo Financial Inc. benefit from protection by the Securities Investor Protection Corporation (SIPC). This protection covers securities customers up to $500,000, including $250,000 for cash claims. It's important to note that while SIPC safeguards against losses from broker-dealer financial failure, it does not mitigate market-related risks.
Investment Risks and Considerations
Investing in stocks, options, ETFs, and other instruments entails risks, including the potential loss of invested capital. Market fluctuations can lead to investment value depreciation, and past performance is not indicative of future outcomes.
Margin trading introduces additional risks, such as interest charges and the possibility of losing more than the initial investment. It's crucial for customers to assess the appropriateness of margin trading based on their investment goals, experience, risk tolerance, and financial status.
Free Trading and Market Considerations
The moomoo app offers free trading with $0 commissions for self-directed individual cash or margin brokerage accounts of U.S. residents trading U.S. listed securities via mobile devices or the web. Certain SEC and FINRA fees may apply, and users can refer to the Commission and Fees section for specific details.
All investments carry inherent risks, and investors should be prepared for potential losses. Electronic trading, influenced by market conditions and system performance, may impact trade execution efficiency.
Disclaimer and General Information
Information provided on the moomoo app should not be construed as a recommendation or solicitation for the purchase or sale of financial products. It is essential to recognize that past data does not ensure future results.
Customers should carefully evaluate investment information based on their unique circumstances before making decisions. Investment products are not FDIC-insured or bank-guaranteed and may devalue over time.
The offerings on the moomoo app adhere to applicable laws, regulations, and service terms. These services may not be accessible to all customers or in prohibited jurisdictions.
