This was posted 10 months 6 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 (486)

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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moomoo

closed Comments

      • BenjiBenj on 13/07/2023 - 08:26

        Ah well, that rules out the majority of OzBargain, at least we still have the referral system giving the 5 extra.

    • Slo20 on 13/07/2023 - 06:00
      +6

      I’ll keep you posted. I transferred $5k back into my account to test. I don’t have instant transfer so I won’t know til later tonight if I get the extra 5 free spins.

      • Slo20 on 13/07/2023 - 17:24
        +6

        Update: $5000 has landed in my trading account however as yet there is no additional bonus spins.

    • Autonomic on 13/07/2023 - 10:52

      Would this stack with referrals too?

      • BenjiBenj on 13/07/2023 - 10:54

        Yep! I think it's just a next level in relation to the deposit amount
        $2000 gets you 10 shares + referrals (max 50 from referrals)
        $5000 gets you 15 shares + referrals (max 50 from referrals)

        • Autonomic on 13/07/2023 - 10:56

          Free money. Thanks.

    • Autonomic on 13/07/2023 - 11:12

      The Welcome Rewards will be rewarded to you if your net deposit during the Promotion Period has met the requirements. Net deposit is calculated by deducting the total withdrawal amount during the Promotion Period from the total deposit amount during the promotion period. For example, if you made a deposit of $500 and claimed 3 spin chances, but then withdrew AU$100, your net deposit = AUD$500 - AUD$100 = AUD$400. If you wish to claim the additional 7 spin chances, you will need to deposit no less than AUD$1600 or more.

      Sounds like you will get it

      • vee_el on 13/07/2023 - 14:04

        I guess if you've withdrawn your initial $2,000, then you will need to deposit $5,000 from 21st July to get the 5 additional spins?

        • Autonomic on 13/07/2023 - 15:28
          +1

          Seems like you have to have signed up on or after 21/7 to have gotten the deal :(

  • bohn on 13/07/2023 - 08:25
    +3

    gee, moomoo really spam you with notifications

    • Store RepMoomoo Australia @ moomoo on 13/07/2023 - 17:08
      +1

      If you want to turn off email notifications, you can do so via "App - Me - Settings - Notifications - SMS & Email Notifications". To protect the rights of our customers, other types of emails cannot be turned off for the time being. For the protection of our customers, other types of emails are not supported to be closed at this time.

  • BenjiBenj on 13/07/2023 - 10:57
    +1

    My trades finally settled and I cashed out 250 AUD

  • ely on 13/07/2023 - 13:31
    +3

    More bonuses coming soon it seems

    Here at moomoo, we're big on giving our users what they want. Thanks to the overwhelming response from our Spin & Win promotion, we've decided to keep the promo (and wheel) rolling.

    Plus, there's now a chance to win even more free stocks!

    From Friday 21 July, the updated Spin & Win promotion will include an additional deposit amount tier of AUD $5,000, entitling customers to an additional spins of the prize-guaranteed wheel. New T&C will apply for new users and be shared once it's live.

    Please be aware that our current promotion will end at 11:59 PM (AEDT) on 20/07/2023. Users who have already deposited an amount less than AUD $2,000 and who wish to acquire the existing rewards on offer, must deposit the remaining amount (to make up to AUD $2,000) by this date.

    We are excited to announce that on Friday 21 July, moomoo will also reveal a brand new referral promotion with bigger and better rewards. Stay tuned for what's coming next!

  • Pacify on 13/07/2023 - 13:41

    Wonder if its best to do the current one and then the new one on the 21st, or just wait till the 21st

    • wavesgreen on 13/07/2023 - 19:10

      A good question for Store Rep @Moomoo Australia

  • Duram on 13/07/2023 - 14:49

    What is this 'buy fee' when brokerage is free? so it's not free? lol

    • theguyrules on 13/07/2023 - 14:56

      https://www.ozbargain.com.au/comment/13995303/redir

      Mine got refunded

    • Store RepMoomoo Australia @ moomoo on 13/07/2023 - 17:03

      Commission-free: Commission-free offer will be automatically activated upon account opening with no further action required, and will be valid for 180 calendar days from when it is activated.

      Platform Fee: Platform Fee Waiver offer will be automatically activated upon successful account opening with no further actions required. The platform fees will still be charged as normal during the course of trading, but reimbursed by every 15th of the following month. The GST generated when collecting the platform fee will not be reimbursed.

      Note: Commission-free and platform fee-free are only applicable to trading in Australian and US stocks, not HK stocks.

      • Duram on 13/07/2023 - 18:50

        So apart from the small 'gst' in the statement the platform fee for buying and selling will be refunded each month for first 180 days?

  • theguyrules on 13/07/2023 - 15:37
    +1

    Oof, referred my wife and she got $128 USD from the 12 spins, and I got $118USD from my free 5 haha

  • Misasagi on 13/07/2023 - 16:44

    May I confirm this is chess sponsored?

    • Store RepMoomoo Australia @ moomoo on 13/07/2023 - 16:52
      +5

      Yes our customer holdings are ‘CHESS sponsored’, however not ‘individually CHESS sponsored’. Instead of issuing individual Holder Identification Numbers (HINs) to each customer, all of Futu AU’s customer holdings are held under a single, institutional HIN under a custodial arrangement. Futu AU is authorised by ASIC to provide custodial services to retail and wholesale customers under its Australian Financial Services Licensee.

      • Misasagi on 13/07/2023 - 16:54

        thank you for the explain!

  • cooni on 13/07/2023 - 16:58
    +2

    https://www.moomoo.com/au/support/topic6_452?_ftsdk=16886032…

    This Promotion is valid from 01 July 2023 at 00:00 AEST to 31 July 2023 at 23:59 AEST (the ‘Promotion Period’) and is available only to new clients of Moomoo AU.

    5.Deposit AUD$5,000 into your Moomoo AU trading account to receive another 5 free additional chances to draw the prize (in total 15 free additional chances）

    Anyone who signed up earlier want to try depositing another $3k? See if you get more spins?
    Didn't get the $50 coupon towards my first trade though, so maybe not…
    Then again, I don't get how they can say no given we all signed up after 01 July 2023.

  • comoprode on 13/07/2023 - 17:18

    Thanks - this looks almost looks too good to be true! Hope it's not the case, I'll try it out tomorrow. One thing, how do we add our referral links into the Randomizer once signed up?

  • grace2050 on 14/07/2023 - 10:27
    +3

    After using it for a few days,

    At the beginning, I used moomoo for data monitoring and stock news. Wanted to test before funding or making any real trades.

    Some benefits I found:
    1. 180 days free brokerage fee and refund trade fee, other platforms 90 days only, good for newbies, like me
    2. free real-time quotes, other brokers usually charge $$ for live quotes. They also summarised company financials in charts which makes it easy to read and understand! Very innovative!

    I have to say there is still some improvement for the app interface. It was quite overwhelming at the beginning, too many features, and too much information but without a proper app introduction. But I managed to find app tutorials in the app investing courses, all good so far.

  • aka nioh on 15/07/2023 - 15:46

    Anyone having problems buying shares? Can't buy shares in au or us, even though account is funded. Trying to buy a single share to qualify for referral

    • JHoliday on 15/07/2023 - 16:23
      +1

      Might have to wait for US market hours?

      • aka nioh on 15/07/2023 - 16:39
        -1

        Nah, I set GTC and have put in 2 orders so far were good at time of submission but have got rejected after the market opens

        • No ONE on 15/07/2023 - 16:41
          +3

          Put an overnight order. That will likely fill the order

  • damz on 17/07/2023 - 12:06

    Many here have reported that the bank transfers to moomoo have been blocked, including my wife’s. Does moomoo have some kind of negative history with banks that they have taken the step to block the transfers?
    If so why can’t moomoo work on improving their relationship with the banks directly?

    • ozbd on 17/07/2023 - 19:38
      +1

      For me, NAB and Macquarie transfers into Moomoo were instant via payid with no issues. So if possible use those banks.

  • tigersdevil on 17/07/2023 - 13:02

    Anyone having issues with logging into Moomoo?

  • zuruhara on 17/07/2023 - 18:33

    Can just join without any referral code?

    • lilkid28 on 17/07/2023 - 20:00

      You can but why not help a fellow ozbargainer?

    • Slo20 on 18/07/2023 - 19:38

      You get 2 less stocks if you bypass referral.

  • Mr Joker on 18/07/2023 - 11:48

    Does it matter what type of stock you purchase?

    I tried to buy a stock on the ASX but it says minimum $500 AUD needed to be traded.

    • Homr on 18/07/2023 - 12:07
      +1

      Just buy AMC stock in US market, keep it simple

    • godzilla123 on 18/07/2023 - 19:38

      I was able to purchase 1 asx stock(AMP) ~$1

  • JakeTheMuSS on 18/07/2023 - 19:26
    +3

    Just got 5 extra shares… 3 the GameStop 1 coca cola 1 AMC…..not bad!

    • lilkid28 on 18/07/2023 - 20:13
      +3

      Its bloody good man

  • cheapass88 on 20/07/2023 - 14:24

    So just curious, i signed up without referral :( sorry ozbargain fam
    But If i refer friends, will they still get the 10 free stocks with 2k deposit? I have a code for limited time reward "Get EXTRA5 superstar stocks for ferring 1 friend"

    Edit: so i went into app and used a random referral code. I hope that works? I'm still waiting on deposit..

    • bohn on 20/07/2023 - 15:04

      But If i refer friends, will they still get the 10 free stocks with 2k deposit?

      They get 10 regardless.. if you refer them you get another 5 and they get another 2 after they make a trade.

      sorry ozbargain fam

      we used to be fam

      • cheapass88 on 20/07/2023 - 15:06

        Please adopt me again! I used a code after ;)

        Thanks for that

        • ChaseTheSun on 20/07/2023 - 15:20

          Using a code after is pointless, does nothing but gives false hopes to the one you randomly got.

  • TechNerd on 20/07/2023 - 21:09

    Has this deal been extended? In the app it says promotion ends 31st August

  • doweyy on 21/07/2023 - 21:16
    +2

    Ridiculous promo, signed up today and referred 2 people, total $360 USD ($535 AUD) from 22 spins. No idea how they can offer this, but can’t complain.

  • Store RepMoomoo Australia @ moomoo on 24/07/2023 - 10:01

    testing

  • theguyrules on 24/07/2023 - 10:26

    Big thanks to whoever just used my referral - 3xGME and 2xAMC!

  • ozbmm on 25/07/2023 - 12:58
    +2

    The fees prior to 15/7 are still not refunded. Has anyone got their fees refunded?

    • Herbs on 26/07/2023 - 10:44
      +1

      I understand that fees for trades in July are refunded mid August.

  • uyake on 25/07/2023 - 16:59

    Thanks OP and Moomoo awesome deal!

  • cheapass88 on 25/07/2023 - 19:24
    +3

    So i signed up for this last Thursday and transferred. But ANZ held my money for 72 hours which put me in the next promo (got 8 spins) total of 60usd only. Contacted support to say i transferred on thur and they honoured this promo. Their support is amazing. Got 274usd from this. Thanks OP and Moomoo!

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