This was posted 10 months 5 days ago, and might be an out-dated deal.

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Sign up, Deposit $2,000 & Get 10 Free Shares (From A$7ea to A$419ea) @ moomoo

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Sign up, Deposit $2,000 & Get 10 Free Shares (From A$7ea to A$419ea) @ moomoo
Go to Deal
Pgrace2050 on 05/07/2023 - 15:02 fego-au.moomoo.com (4236 clicks)
Last edited 14/07/2023 - 10:42 by 3 other users

Sign up, deposit a minimum $2,000 & get 10 free shares.

  1. Sign up
  2. Deposit $2,000 to score 10 free shares. (Deposit less than $2,000 you will get 3 free shares only.)
  3. Brokerage-free trading on US and ASX shares for the first 180 days.

Steps:
sign up and get approved using a website, then download an app and use it to deposit some $$.

Update:
For each stock buy and sell, Moomoo will charge a trade fee, minimize is $5.5, but for new users, they will refund all the trade fees before the 15th of next month. Also, within 180 days of new registration, trade will be free. Good deal for the investment.

Moomoo is licensed in Australia, and the client funds are held with HSBC Bank. I noticed that their parent company is Nasdaq listed. In Hongkong, it is one of the biggest brokers.

Thank you and enjoy!

Referral Links

Referral: random (487)

Referrer gets $10 Cash Coupon for each referee who signs up & downloads moomoo app for the first time, $10 Cash Coupon for each referee who opens their Moomoo AU trading account for the first time, and $30 Cash Coupon for each referee who makes an initial deposit of $100+ in their Moomoo AU trading account. (Referrer can get $50 Cash Coupon in total.) Maximum 10 referrals per referrer.

Referrer also gets additional 1 free Apple stock for referring 5 referees who sign up & download moomoo app, and deposit $100 for the first time.

Financial Brokerage Share Trading Shares (financial)

Related Stores

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closed Comments

    • Toffees on 07/07/2023 - 14:54

      It's because we're all dumping our free stocks

      • No ONE on 07/07/2023 - 14:56

        Free stock from Ozbargain is peanuts. Don't kid yourself. It is the whole market going down.

        • Toffees on 07/07/2023 - 15:06
          +1

          I was being facetious :)

  • knightslay2 on 07/07/2023 - 00:43

    I accidentally deposit the wrong amount, the first deposit. Will I still get the 10 free shares after desposit 2k?

    • capslock janitor on 07/07/2023 - 00:46

      should be

    • broski on 07/07/2023 - 02:24
      +4

      I did this, deposit $50, then $950 then $1000.

      Once it reached 2k it notified me of the free shares.

  • ausmisc on 07/07/2023 - 06:45
    +2

    I've received and sold my free shares. Is there some kind of delay on when I can exchange my USD to AUD to withdraw it? In my account it says USD $125 but USD withdrawable $0.

    • wavesgreen on 07/07/2023 - 06:54
      +6

      Usually there is a 2-day settlement period after selling shares.

      • ausmisc on 07/07/2023 - 07:04

        Ah cool I've withdrawn my original $2k so I'll just wait a bit.

  • claudefrog12345 on 07/07/2023 - 07:07
    +2

    Im still waiting for my withdrawal funds. I had an email from moomoo that my bank was verified but on my account page in the app it says my funds are frozen??? What does that mean grace2050

    • manB on 07/07/2023 - 08:54

      Same here, have initiated withdrawal around 3.30pm ydya and app still shows funds are frozen. Hopefully will clear today

      • pin4e on 08/07/2023 - 09:02

        Yeah took about 24hrs from my account being verified until the money got transferred out

  • transtasmanbubble on 07/07/2023 - 07:11
    +1

    Is this why my MULN order from yesterday got cancelled? Stock price changed too much from order to market opening?

    https://investorplace.com/2023/07/muln-stock-mullen-hits-rec…

    • Yoo on 07/07/2023 - 07:15
      +6

      MULN got ozbargained

    • ham0718 on 07/07/2023 - 14:47

      Yea if you just put in your order and didn't up the price you're willing to pay, the order would have been cancelled as the price went up due to everyone here buying it. Same thing happened to my order, so I went and placed it again but this time I upped the buy price to 2% above the current price and hopefully it'll go through this time.

  • sourbombs on 07/07/2023 - 08:16

    Sold the shares last night, but can't convert the funds to aud and withdraw it. Anyone has the same issue?

    • bohn on 07/07/2023 - 08:27
      +3

      the trade needs to settle, wait a couple of days
      it's the same across all brokers

    • Castcore on 07/07/2023 - 11:20

      You'll have to wait for the trades to settle, like any share trading.

  • ggmm2013123 on 07/07/2023 - 08:16

    I referred to my wife with a link which said get up to 5 Superstar stocks and up to 15 stocks but she got 12 stocks only after completed trade.
    How to get additional 3 share?

    • grace2050 on 07/07/2023 - 08:25
      +1

      It's 12 free shares for your wife. You will get 5 additional shares for the referral.

  • ggmm2013123 on 07/07/2023 - 08:24

    Also, my referral invite code for superstar promo says 9 invites left.

    • grace2050 on 07/07/2023 - 08:27

      Yes, you can invite another two people, each will get 12 shares. You will get 5 additional for each successful referral. But maximum 15 free shares, which means you are rewarded for the first three referral, for the fourth invitation, you will not get 5 additional shares.

      • ggmm2013123 on 07/07/2023 - 09:04

        Thanks, makes sense so the number of stocks was for me and that’s how they limit to 3 referrals by putting a cap.

  • croc761 on 07/07/2023 - 09:25

    This one worked well for me!

  • capslock janitor on 07/07/2023 - 09:26

    What's best time of week to sell?

    • claudefrog12345 on 07/07/2023 - 09:30
      +1

      New york stock exchange is open during Australian night time. I think it closes around 7am aest. If ur asking about when the stock u bought/have, thats anyones guess haha.

      • bohn on 07/07/2023 - 09:55
        +4

        when it is up a huge % and about to come down… that's the best time ;)

  • keejoonc on 07/07/2023 - 10:02

    Far out. Still waiting for my deposit to come through from ANZ.
    What a freaking joke in this day and age for online transfer of money to take this long to come through.

    • Eskeee on 07/07/2023 - 10:30

      Same still waiting I already called once, how many times do we need to bloody call the bank and wait for like 30 mins.

    • hoangdekiem on 07/07/2023 - 13:41

      Same boat. Anz is a joke.called them twice yesterday and still havent received the deposit yet

  • DrScavenger on 07/07/2023 - 10:11

    Bought stock how to get extra 2 shares?

    • bohn on 07/07/2023 - 10:39

      gotta spin the wheel again

    • Slo20 on 08/07/2023 - 06:00

      You have to buy at least one stock to get the 2 bonus.

  • Everest99 on 07/07/2023 - 10:12

    Hi, how long it takes to receive additional 2 shares after 1 trade? I just bought 1 AMC and waiting for 2 shares.
    Thanks

    • vodamerc on 12/07/2023 - 23:37

      How long did it take? I’m having the same issue

  • atymic on 07/07/2023 - 10:16

    How long does approval take? I've been waiting for 18 hours so far :(

  • modify on 07/07/2023 - 10:20
    +1

    Hard part now is withdrawing the deposit.. they'll probably drag this out for at least 3 days to earn their interest.

    • Explorejupiter on 07/07/2023 - 10:58

      Got mine back within 24 hours. I’m struggling to withdrawal the free stocks I sold though, not sure what the go is there

      • Omarko on 07/07/2023 - 11:22

        what do you mean ? what is the struggle exactly? cant withdraw?

        • Explorejupiter on 07/07/2023 - 14:27

          Pretty much, I saw in another comment once the shares are sold, even though it shows the funds in your ‘wallet’, as ‘available’, you can’t actually transfer them AUD and withdrawal for a couple more business days

          So I’ll wait till next week and see how it goes

          • Omarko on 07/07/2023 - 14:54

            @Explorejupiter: ok, might be just due to settlement timings with shares. keep us updated if possible pls once you can withdraw. I am still waiting for my shares to arrive but put my request in to withdraw my initial deposit.

          • Omarko on 11/07/2023 - 07:50

            @Explorejupiter: have you manage to convert USD to AUD and withdraw the cash from sold free shares yet?

            • Explorejupiter on 11/07/2023 - 08:16

              @Omarko: Just tried now and nope, still unable to convert…

              • Omarko on 11/07/2023 - 08:22

                @Explorejupiter: thanks, so you were able to sell the shares and have the balance sitting in USD now and cant convert to AUD? when did the sale took place? might still be settlement related ?

                • Explorejupiter on 11/07/2023 - 08:31

                  @Omarko: Yeah that’s right. They were officially sold as of the 7th, so it’s only been two business days

                • Explorejupiter on 12/07/2023 - 18:56

                  @Omarko: Update: I’m now able to convert the USD to AUD

                  So approx 4 business days waiting time, plus more than likely a few more days for the funds to be withdrawn and land in my account.

                  I guess I can’t really complain for a free $200aud

                  • wavesgreen on 12/07/2023 - 19:52

                    @Explorejupiter: A lot of (crappy) trading platforms treat the currency conversion as a 'trade' and so dictate a second 2-day settlement period for that as well.

                    • Explorejupiter on 13/07/2023 - 10:33

                      @wavesgreen: Yeah pretty much, in this case though once the funds were actually available to convert, the USD was converted to AUD in a matter of minutes which is pretty decent.

                      Just a lot of waiting in other areas

    • gooner15 on 07/07/2023 - 14:30
      +1

      Got my original deposit back within 24 hours

  • Stuzi on 07/07/2023 - 10:44
    +1

    This is great offer, I am going to do this but continue to use them.

    • grace2050 on 07/07/2023 - 10:46
      +1

      Yes, I agree. From the date you opened the account to the next half a year, all trade fees will be waived and refunded. I think it is a good deal. If you buy and sell stocks frequently, you can save a lot.

      • Stuzi on 07/07/2023 - 11:00

        :)

        Thanks for sharing :)

    • grace2050 on 07/07/2023 - 10:47

      Please note they may charge the trade fee first, but they will refund the fee before the 15th of next month.

    • bohn on 07/07/2023 - 10:50

      Thank you for your service.

      • grace2050 on 07/07/2023 - 10:57

        No worries, mate (handshake)

    • denwol on 07/07/2023 - 11:22
      +1

      Remember that they are not your shares but they own them so if they go bust, you lose your money

    • Lit Homie on 07/07/2023 - 11:25
      -1

      Thanks ozbargainers

  • bohn on 07/07/2023 - 11:26
    +1

    when adding a bank account for withdrawal , it'd be great if it accepted PDFs, etc, and not just images.
    Kind of stupid. I managed to get it in PNG format , but now it doesn't add it as an attachment when I select the file.

    • capslock janitor on 07/07/2023 - 11:37
      +1

      liked that i could just screenshot a page of my doc. without having to download pdf
      (this was deposit)
      try jpeg

      • bohn on 07/07/2023 - 11:42
        +1

        yeah tried jpg, jpeg, still doesn't work.
        piece of shit considering no bank does statements in photo format anyway, and the sample of the statements that they require the entire page of the statement.

        also, I tried logging onto moomoo through the web, but you can't withdraw through the website, only the shit app.

        • Zapwap on 07/07/2023 - 13:04

          It didn't ask me for any additional info after I complained to their customer service. I did a payid payment of $2000 from my offset account without knowing I needed to provide a statement afterwards with all my account details. Wasn't at all comfortable sharing my offset acc details since it holds all my savings.

          They refunded the $2000 paid from the offset and then I made a payid using other bank, approved and got deposited within 5 mins, no additional information was asked this time.

        • Bdawg on 12/07/2023 - 12:17

          My bank account doesn't issue statements, so I gave them a screenshot showing my name and they rejected it on the grounds that it was 'more than 6 months old' and 3rd party card… neither of which is true.

    • ham0718 on 07/07/2023 - 14:49

      Yea I ended up opening the statement on the computer and taking a photo of it on screen with my phone. Was approved without any issues.

  • blur on 07/07/2023 - 11:46

    Any conditions on the “trade” you have to make?

    Minimum? AU market? Any other bs?

    • Castcore on 07/07/2023 - 11:50
      +3

      US market, no min, make sure you have excess USD to cover some amount of fee they don't disclose when making the trade. Maybe aim for +2 USD above share price, not sure if it's fixed or percentage. Fee will be refund on the 15th of the following month the trade was made for up to 180 days.

      • grace2050 on 07/07/2023 - 12:10

        You are the spokesman, mate. Thanks for the clear instructions.

    • HappyXD on 07/07/2023 - 12:16

      restriction for AU is something on the ASX200 i think (i just bought 1 Air NewZealand) otherwise it comes up with some message about spending minimum $500.

  • Omarko on 07/07/2023 - 12:29

    how long does it take for allocated free shares to go from receiving to actually getting them in your account?

    • No ONE on 07/07/2023 - 12:47
      +1

      From my experience, it is overnight.

      • Omarko on 07/07/2023 - 13:42

        thanks, do I have to wait to receive the shares before I pull out my deposit ?

        • No ONE on 07/07/2023 - 13:42

          Pull out anytime you want. No issues.

  • themadman on 07/07/2023 - 13:54
    +3

    Thanks for sharing OP!

    Received $630 for signing up myself and my partner. Haven't withdrawn the funds yet, but it's all looking good so far.

    $275 worth of stocks initially
    $240 stocks by signing up my wife
    Another $115 for referring my wife

    • jetchen2008 on 07/07/2023 - 14:06

      how can you get $275 value of shares? I got lot of AMC. Looks like been dominated.

      • themadman on 07/07/2023 - 14:08

        7x GME + 5x AMC goes pretty far. :)

        • jetchen2008 on 07/07/2023 - 14:11

          so luck. do you draw one by one or wait between?

  • Zapwap on 07/07/2023 - 14:14
    +6

    Wow.. 9 x GMEs and 1 x AMC - total worth of ~USD 217 or ~AUD 314

    • Micky14 on 07/07/2023 - 14:27
      +1

      Lucky you! 🥺

    • grace2050 on 07/07/2023 - 14:59
      +1

      So lucky mate.

    • lilkid28 on 07/07/2023 - 16:38
      +1

      Lucky you! Congrats!

    • dealsgrabber on 07/07/2023 - 19:13
      +1

      I got 8 x GME and 2 x AMC

  • s41614419 on 07/07/2023 - 14:26
    +1

    any one got Tesla or Apple??

    • Zapwap on 07/07/2023 - 16:06
      +1

      NooNoo

    • truetypezk on 07/07/2023 - 16:12
      +3

      Nop but I got 3x coke out of the 12 shares. Would consider myself incredibly lucky.

  • tsuitenaishoujo on 07/07/2023 - 16:11

    Can we deposit the funds from a joint account?

    • Micky14 on 07/07/2023 - 16:27
      +1

      Yes. I did it from a joint account.

    • truetypezk on 08/07/2023 - 10:08
      +1

      You definitely can but I think it unnecessarily adds a layer of uncertainty especially considering you are likely to "refer" the other joint account holder. I have transferred the money into our own accounts respectively to avoid any issues.

  • IpGem on 07/07/2023 - 16:15
    +3

    I did one productive thing today, I closed my ANZ acc

    • s41614419 on 07/07/2023 - 16:42
      +1

      I closed my cba account

    • keejoonc on 07/07/2023 - 16:58

      I will be following suit after this experience.

  • JakeTheMuSS on 07/07/2023 - 16:25
    +1

    I click draw and it just goes to a page to deposit.

    Worked it out :)

  • DrScavenger on 07/07/2023 - 18:17
    +1

    How to withdraw money from sold shares? I got USD in my account but it looks like you cannot exchange it for aud. Opening a USD account here is such a hassle

    • cook99 on 07/07/2023 - 19:05
      +2

      You can exchange USD to AUD in currency exchange , scroll to the right of the quick trade icon in accounts tab ( purple icon)

      • DrScavenger on 07/07/2023 - 19:07

        Yea I just found that I been screwing around Forex.
        Looks like we cannot send it as USD sadly. I'd rather send it to wise and use their currency exchange

  • Skinnerr on 07/07/2023 - 18:32
    +3

    Finally got everything worked out, but only got 1 GME and 11 AMC for 70USD - 105AUD! Boooo! 😭

    • truetypezk on 08/07/2023 - 10:10

      Looks like they have significantly downgraded the offer, now AMC is like at least 80%+ or probably 90%

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