This was posted 9 months 29 days ago, and might be an out-dated deal.

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Sign up, Deposit $5000 & Receive 15 Free Shares (from A$7ea to A$419ea) @ Moomoo

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Sign up, Deposit $5000 & Receive 15 Free Shares (from A$7ea to A$419ea) @ Moomoo
Go to Deal
cooni on 13/07/2023 - 13:56 fego-au.moomoo.com (4188 clicks)
Last edited 01/09/2023 - 15:07 by 3 other users

For anyone that hodl'ed on the last deal, wait a little longer and you can get even more free stonks for signing up - or signing up your partner or parents or whoever (just make sure you use a separate device to sign up because they keep track of that and disallow the referral otherwise).

Steps to success:

  • Sign up on or after 21/7/23
  • Deposit $5000 and get 15 free shares (was $2000 and 10 free shares), deposit less and get less shares. As well as a $50 stock discount coupon.
  • If you signed up with a referral and then make a trade, you get 2 extra shares another free $50 stock discount coupon.

I got pretty lucky when I signed up, with 2x Cola-Cola, 6x GameStop, 4x AMC.
Apparently OP of the last deal got a request from moomoo to take down the probabilities so I have done the same but gee look at how well the tech stocks have done since the date of their T&C!

Takes about a business day or so to verify your deposit, after which you can withdraw it after verifying the withdrawal account (another business day or so). Also comes with brokerage free trading (fees to be refunded before the 15th of the next month).

From the email that just went out:

Hi mooers,

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!

Happy trading.

From,
Team moomoo AU.

Edit 21/7/23: Apparently this goes live at 8pm and we're yet to see if we need to generate new referral codes for the new promo. If we do, will need to contact a mod to clear the existing referrals.

Edit: Live now on all existing referral links

Referral Links

Referral: random (485)

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)

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closed Comments

  • whey4000 on 13/07/2023 - 22:59

    So if I sign up through the referral link Ill still eligible for this offer?

    • Charlie Dont Surf on 13/07/2023 - 23:09

      "If you signed up with a referral and then make a trade, you get 2 extra shares"

  • Bladeyyy21 on 13/07/2023 - 23:09
    +3

    Are these guys legit? Also would I be able to withdraw my $5k immediately?

    • Corza000 on 14/07/2023 - 08:20
      +2

      Seems as though they are as legit as most other major brokerage services. Company is FUTU and listed on Nasdaq. I got in on the last offer- deposited and withdrew not long after. No issues.

  • InfamousCalf on 14/07/2023 - 00:11

    Deposited $2k last Friday for the previous deal, and it still hasn't appeared. Bank said it has gone through, and haven't gotten any support from moomoo.

    • Poor Ass on 14/07/2023 - 07:56

      Was it osko?

    • cooni on 14/07/2023 - 08:20
      +1

      Did you submit the additional info required? They email you asking for a bank statement

      • theguyrules on 14/07/2023 - 09:56

        Yep I proactively sent them that info after transferring the $2k for my wife. came in a few hours later.

    • s41614419 on 21/07/2023 - 14:23

      hows it now?

  • nk7 on 14/07/2023 - 01:02
    +2

    Last time I signed up, they messaged me on whatsapp saying they would give me an additional bonus for depositing after I showed hesitancy. Never heard back nor did I receive the extra deposit bonus

    • HardQuiz on 14/07/2023 - 02:30

      Did you follow up and asked?

      • nk7 on 14/07/2023 - 17:42
        +1

        Yes, no response

    • ozbd on 14/07/2023 - 07:25
      +5

      I had the same message. I confirmed with them that offer was for an old promo and didn't apply anymore. They apologised for accidentally sending it. Their WhatsApp is slow, but the chat through their app is extremely quick and helpful!

      • nk7 on 14/07/2023 - 17:43

        Oh ok, thats good then if they have at least one quick and accurate contact option

  • guyinmelbourne on 14/07/2023 - 01:04
    +7

    I manage to earn more than 700 dollars from this one in the may promotion. No issues at all in withdrawal.

    • Drugzy on 21/07/2023 - 20:27

      Yep just cashed out 600AUD as well, 2 family referrals and a random ozbargainer🙏🙏🙏
      My wife got 300AUD as well!

  • Geoffw on 14/07/2023 - 08:29
    +1

    My bank reports the transfer as a possible scam

    • barandgain on 14/07/2023 - 10:24

      yeah had same expereince with my CBA account..money did not go through. Tried it with ING and money came across immediately

  • Autonomic on 14/07/2023 - 09:52

    Can you sign up now and then deposit $5k after 21/7? Or will that make you ineligible?

    • Castcore on 14/07/2023 - 10:41

      Just sign up after, why risk it.

      • Autonomic on 14/07/2023 - 13:35
        +1

        My friend signed up yesterday. Just seeing if he might still be eligible.

    • sakurarar on 14/07/2023 - 11:39
      +3

      I did it now and got 15 spins. Can confirm.

      I didn't get as lucky as others but it's saying $167USD worth.

      • Verziq on 14/07/2023 - 15:30

        You didnt need to wait till after 21/7/23 like it says?

        • sakurarar on 14/07/2023 - 17:36

          No I didn't but I clicked through the link posted in the comment chain and didn't add a referral code, I forgot.

      • cooni on 14/07/2023 - 16:16

        Did you use a referral link? Or just a raw signup
        I'm guessing you won't get 2 bonus spins/shares after your first trade?

        • sakurarar on 14/07/2023 - 17:20

          Yeah, in hindsight I forgot to use the referral. I've pm'd them asking if I can retroactively apply one 😅

          • scootsie on 15/07/2023 - 09:44

            @sakurarar: You may be able to. In the app go to the "me" tab and press "invite friends". A box should appear at the top where you can enter a referral code

  • Tr0jan on 14/07/2023 - 11:15

    So if you've already signed up but haven't deposited the $2000 yet, you can't can't deposit $5000 after the 21st and get the 15? If not, that's a real shame :(

    • Verziq on 14/07/2023 - 15:29
      +1

      I'm in the same boat as you. Hopefully we still get the 5k benefits

    • zuruhara on 20/07/2023 - 20:48

      It says new client must complete registration through the corresponding landing page to participate in this promotion

  • Verziq on 14/07/2023 - 15:29

    It sounds like people are already going ahead with this now and getting the benefits, but the OP and promo says we need to do it after 21/7? Should I wait till after 21/7?

    • cooni on 14/07/2023 - 15:47
      +2

      I'm honestly not sure.
      But honestly, do you want to risk it? Why not just wait a week…

      It appears referral links only show the bonus 10 for $2000.
      New sign ups without referral show 15 for $5000 - but then you'd miss out on the 2 bonus for your first trade?

      Possibly referral links will update on 21/7 so you can do both together. I'm only guessing.

      • FiDad on 20/07/2023 - 10:49

        Yes i figured the same, cant see any harm in waiting so I am waiting as well

  • idonotknowwhy on 14/07/2023 - 21:28
    -5

    This isn't CHESS sponsored. If the company goes under, you lose your money. Consider if it's worth it for ~10% after all the (profanity) around.

    • Charlie Dont Surf on 14/07/2023 - 22:12
      +9

      The free stocks people are obtaining are listed on the NYSE, so whether they're a CHESS-sponsored broker is irrelevant for that activity.

      The $5K on deposit is a different matter, and CHESS-sponsored or not won't get you your deposit back if a broker goes into receivership.

    • ely on 18/07/2023 - 23:21
      +2

      That’s not how it works, no.

    • capslock janitor on 21/07/2023 - 20:23

      10% where?

  • kypermaster on 15/07/2023 - 00:42

    Do I need to buy a stock (to make a trade) to get the 2 extra stocks?

    • rsmallri on 15/07/2023 - 02:03
      +1

      Yes

    • Slo20 on 18/07/2023 - 19:24
      +2

      To expand on reply above. You can sell your free stocks and use the funds from that sale to buy 1 new stock if you don’t want to touch your original $5000 capital.

  • jasecutler on 17/07/2023 - 16:57

    So, what's the minimum and maximum you can expect to earn from this?

    • wavesgreen on 17/07/2023 - 17:32

      Multiply by the figures in the title.

    • cooni on 17/07/2023 - 19:18

      If 15 spin chances are completed, based on the closing price on June 23, 2023, the total value of stocks:

      Minimum Value: US$60.15
      Average Value: US$394.45
      Maximum Value: US$3213

      • Homr on 19/07/2023 - 07:58

        lol i got way less than the average value. I got 150 USD from 10spins

        • movieman on 19/07/2023 - 13:25

          10 spins?

          If you do a trade (I bought FFIE - circa 20-30 cents), then you'll get an additional 2 spins….

  • Duram on 18/07/2023 - 03:50
    +1

    Anyone's funds stuck in USD and can't convert to Aus ? Sold stuff last week and only a small portion is available to convert.

    • cooni on 18/07/2023 - 09:02
      +1

      Need to wait for the trade to settle. Couple of days.

    • theguyrules on 18/07/2023 - 09:53

      Yeah - I am still waiting for my referral stock sales to clear but I'm expecting tomorrow morning.

    • movieman on 19/07/2023 - 13:26

      Took nearly one week.

      Now successfully managed to exchange it, and commence the withdrawal process of the free $$$.

  • Dr-Bargain on 18/07/2023 - 09:30

    Used combank for the deposit and the transfer was instant

    • Bladeyyy21 on 20/07/2023 - 00:53

      Aren't we meant to deposit on Friday?

  • maggiemee on 19/07/2023 - 22:06

    How easy/difficult is the registration? What docs do we need to provide?
    Also anyone successfully transfer the money from UBank?

    • GeoK on 19/07/2023 - 22:09

      it is pretty easy & simple. ID bank account and statement from what i remember. Ubank is ok!

      • Bladeyyy21 on 20/07/2023 - 00:54
        -1

        Bank statement? They want to know how much I hold in my bank account?

        • moneypenny23 on 20/07/2023 - 09:03
          +3

          They just need to be able to see your name, address, BSB/acc # and date of statement. I blocked the rest out.

    • moneypenny23 on 20/07/2023 - 09:08
      +3

      I used ubank. They just needed extra verification of the transfer, after that funds went through quickly.

      • coolc on 27/07/2023 - 20:39

        Bank or moomoo

  • mrnacho on 21/07/2023 - 02:08
    +1

    Is this working yet? I just checked the site and it still says 10 shares with 2 from referral.

    • rsmallri on 21/07/2023 - 03:47

      I get the same as you on PC. On my mobile it says up to 16 free stocks including 1 TSLA/EXPE and $50 cash reward with no mention of the $5000 deposit. I guess wait until daytime

      • mrnacho on 21/07/2023 - 06:12

        Thanks for the update. Will wait then

      • amit2689 on 21/07/2023 - 09:27
        +1

        Where do you see it? Can you share the link as I still see the old signup offer.

  • morebunnings on 21/07/2023 - 08:17
    +4

    Beware that they pre-tick the 'send me spam' checkbox when signing up.

    This is illegal under australian spam law, but never enforced:
    https://internetretailing.com.au/can-online-retailers-use-a-…

    But is this allowed under the Spam Act? Can a retailer use a pre-filled tick box to grow their customer database?

    The simple answer is “no”, according to the Australian Communications and Media Authority (ACMA), the government body responsible for enforcing the Spam Act. The ACMA’s position is that pre-checked tick boxes are not an acceptable way of gaining a customer’s consent to send advertising materials.

    • SmashedAvocado on 21/07/2023 - 08:40
      +2

      Why would you neg? This doesn't make any sense..

    • capslock janitor on 21/07/2023 - 20:25

      Why wouldn't you cast vote afterwards?

  • turtlesinmypants on 21/07/2023 - 09:01
    +1

    Is this live now? (21/7) , I went to their page and also via a referral and it still talks about the $2000 deposit only?

    Deposit any amount to get 3 FREE stocks
    Deposit $2,000 to get 7 more FREE stocks
    Complete the first trade to get EXTRA 2 FREE stocks (Referral Only)
    Enjoy 180 days of brokerage-free trading & Free access to L2 US-Market data

    Edit; apologies, someone asked the same question 6 hours ago… ignore. Seems like answer is NO, not yet.

    • CyberMurning on 21/07/2023 - 09:37
      +1

      Not yet? Then means better wait?

  • Jetyy on 21/07/2023 - 09:13
    +1

    whenever i click the referral link, it still stating the "deposit 2k get 7 stocks" is a new special referral link required perhaps?

  • SmashedAvocado on 21/07/2023 - 10:05
    +16

    Spoke with their support team, this will be live 8pm tonight. So I'm guessing its going on US time

    Update

    This might change things for most people. Their support team told me this.

    oh and one more thing about the 5 additional shares for depositing 5000AUD, you need to have the funds in the account for 30 days before the shares are unlocked

    • kuwahshi on 21/07/2023 - 10:19
      +2

      Thanks for sharing. That last bit isn't great.

    • Micky14 on 21/07/2023 - 10:21
      +5

      Oh no. The 30 days kills the deal.

      • Lurk Hartog on 21/07/2023 - 10:51

        Why? Will you be earning more with the $5000 elsewhere? Or you need the money?

        • whey4000 on 21/07/2023 - 11:40
          +5

          How big is moomoo, worry about keeping 5k in there and they go bust…

        • wavesgreen on 21/07/2023 - 11:45
          +6

          An average return of 6%-7% on $5000 was already looking crap compared the 10% that we were getting on the $2000. At least before the investment period was only a handful of days, now it's over a month.

    • Jetyy on 21/07/2023 - 11:18

      Thanks for sharing mate

    • Bladeyyy21 on 21/07/2023 - 11:58
      +3

      Ohh, that's definitely a deal breaker for me. Might just quickly sign up now and deposit 2k for the 10 shares

      • ozbd on 21/07/2023 - 12:34
        +1

        Just make sure you complete the deposit today as well.

        • zuruhara on 21/07/2023 - 16:05

          What happen if the deposit doesnt arrive until tomorrow. The new promo started 1 July, so

          • ozbd on 21/07/2023 - 17:37
            +1

            @zuruhara: They said if it doesn't arrive tomorrow that the reward won't automatically trigger. Contact customer service and they will apply to get the reward triggered manually. However there was no guarantee to that.

        • Bladeyyy21 on 21/07/2023 - 19:26

          Didn't have time today unfortunately. I'll think about doing the 5k over the weekend

      • wavesgreen on 21/07/2023 - 19:59

        Smart. Wish I had thought of that.

    • OZBargainer26 on 21/07/2023 - 15:30

      The 30 days requirement seems to be quite important. One would expect it to be printed on the T&C somewhere and not having to ask their representatives.

      • moneypenny23 on 21/07/2023 - 16:08
        +1

        According to OP's email: "New T&C will apply for new users and be shared once it's live". I assume it will be included when the new T&Cs come out.

      • CauseNEffect on 28/07/2023 - 17:35

        30 day requirement?

  • GeoK on 21/07/2023 - 12:59

    Do they charge any fees to sell US Stock? Why is it showing $3 less on Hold when try to sell!

    • cooni on 21/07/2023 - 13:53
      +1

      They do but you get 180 days free (reimbursed on 15th of next month)

  • SgtBatten on 21/07/2023 - 15:08

    Quite happy to pay my taxes but are these free shares actually taxable?

  • jasecutler on 21/07/2023 - 15:11

    It's the 21st July 3pm, and the promo still only says 10 free shares.

    When will it be updated?

    • SgtBatten on 21/07/2023 - 15:14
      +3

      Post says 8pm

  • eecchhoo on 21/07/2023 - 19:59

    Just clicked on the referral link and now it’s showing 15 free stocks

    • wavesgreen on 21/07/2023 - 20:02
      +1

      The bullet points below it still only add up to 12 stocks though.

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