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

2083
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

    • johnmelb on 21/07/2023 - 20:03

      But it still mentions $2000 deposit and 7+3+2

      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

      • eecchhoo on 21/07/2023 - 20:05

        Yeah I think they just updated the banner… let wait till they updated the webpage with the details

        • johnmelb on 21/07/2023 - 20:09
          +1

          T&Cs look updated or was this there before: https://www.moomoo.com/au/support/topic6_428

          This Promotion is valid from 22 July 2023 at 00:01 AEST to 31 August 2023 at 23:59 AEST (the ‘Promotion Period’) and is available only to Eligible New Clients (as defined below) of Moomoo AU.

          .

          3.Deposit AUD$500 into your Moomoo AU trading account to receive 3 chances to draw random gift shares from the prize pool
          4.Deposit AUD$2,000 into your Moomoo AU trading account to receive 5 additional chances to draw random gift shares from the prize pool
          5.Deposit AUD$5,000 into your Moomoo AU trading account to receive 7 additional chances to draw gift shares from the prize pool (15 free chances in total）

          • eecchhoo on 21/07/2023 - 20:21

            @johnmelb: They updated the new details 2x$50 is that new?
            Deposit any amount to get $50 Stock cash discount*
            Deposit $100 to get EXTRA $50 Stock cash discount*(Referral Only)
            Deposit $500 to get 3 FREE stocks
            Deposit $2,000 to get 5 more FREE stocks
            Deposit $5,000 to get 7 more FREE stocks, in total 15 FREE stocks

            • ld9828 on 21/07/2023 - 20:24

              @eecchhoo: Also updated the reward stocks and probabilities:

              If all 15 spin chances are fully rewarded and redeemed, based on the closing price on July 07, 2023, the total value of gift shares are as follows:
              Minimum Value: US$63
              Weighted Average Value (based on above probabilities): US$117.25
              Maximum Value: US$4116.45

              Previous deal with 12 spins but better odds was better

              • [Deactivated] on 21/07/2023 - 20:28

                @ld9828: @BananaMan007 would you mind rerunning the excel please?

            • johnmelb on 21/07/2023 - 20:27

              @eecchhoo: I should've looked at and saved T&C's before.
              I will wait at least until midnight to sign up, given their T&C about promotion starting tomorrow.

              • eecchhoo on 21/07/2023 - 20:36

                @johnmelb: Yeah we have few days to signup unless they withdraw the promo early.
                Seems like no 2 extra stocks after trading on this promo.
                Instead The $50 cash coupons can be used for tradings above $500. :(

                For avoidance of doubt, the Stock Cash Discount Coupon can be applied to an Eligible Buy Order filled in either the Australian market, Hong Kong market, or the United States market. The order amount of the Eligible Buy Order should exceed: (i) AUD $500 for Aussie share trading; or (ii) USD$365.728 for US share trading ; or (iii) HKD$2,860 for HK share trading. Accordingly, the respective maximum cashback amount is: (i) AUD$50; or (ii) USD$ 36.57; or (iii) HKD$286.

                • [Deactivated] on 21/07/2023 - 21:20

                  @eecchhoo: So the maximum would be

                  15 spins after depositing 5k
                  2 extra spins from a referral

                  2 times $50 discount on a $500+ stock purchase

                  Need to hold the balance above $4000 for 30 days to unlock the frozen shares from the spin.

                  Is that all correct?

      • zuruhara on 21/07/2023 - 20:50
        +1

        Surely we can ask their support team to confirm re: the eligibility of the new 5000 promo. They seem to be quite aggressive, initiating phone calls and whatsapp message.

  • johnmelb on 21/07/2023 - 20:13

    T&Cs seem to indicate this only starts after midnight:

    This Promotion is valid from 22 July 2023 at 00:01 AEST to 31 August 2023 at 23:59 AEST (the ‘Promotion Period’) and is available only to Eligible New Clients (as defined below) of Moomoo AU.

    &

    Eligible New Clients who register for new accounts outside of the Promotion Period are not eligible to participate in this Promotion.

    &

    This Promotion is mutually exclusive with other new user promotions offered by Moomoo AU. By participating in this Promotion, the participant shall be deemed as waiving the eligibility to participate in other promotions offered by Moomoo AU.

    So not possible to combine with referral?

  • GeoK on 21/07/2023 - 21:06
    -1

    why does it says tmmrw? it is working now

    • wavesgreen on 21/07/2023 - 21:17
      +1

      It's mentioned on page 2 of this thread.

  • JamezAus on 21/07/2023 - 21:34

    If it sounds too good to be true, it probably is. The $5,000 deposit bonus comes with some dodgy extra hoops. Make sure you read their well disguised T&C's:

    The gift shares will be automatically allocated to your Account following usage of draw chances, but initially in a ‘frozen’ status;
    Gift shares in a 'frozen' status are not included in the Account's portfolio market value, and cannot be sold on market;
    The allocated gift shares will remain 'frozen' until you have maintained your Daily Average Asset Value (as defined and calculated pursuant to the following section of "Calculating the Daily Average Asset Value") of AUD $5,000 or more during the Asset Maintaining Period commencing following the date of allocation;
    To allow for profits or losses due to market fluctuations, a drop of the Average Assets value of up to 20% below the AUD$5,000 threshold is permissible;
    The allocated gift shares' 'frozen' status shall only be lifted upon meeting all the above mentioned conditions and within 5 business days following the 30-day Asset Maintaining Period;
    If you fail to meet with any of the conditions as mentioned above, the gift shares will be removed from your Account within 7 calendar days following the end date of any of the Asset Maintaining Period.

    • cooni on 21/07/2023 - 21:37
      +1

      Yeah it's a shame, the previous promo was a lot more straight forward. At least that's the one most of us signed up for and used.

      That said, it's still a decent amount of perks for locking up $5k.

      • furythree on 21/07/2023 - 23:29
        -3

        so if u cant sell the shares. whos name or chess ID or whatever are they held under

        can u transfer them out to a different broker since that isnt selling

    • Kazai on 21/07/2023 - 21:41
      +1

      does that mean i need to hold stock worth $5000 for 30 days or just have the money sitting in the account? If its the first thats actually terrible

      • ozbd on 21/07/2023 - 21:43
        +1

        Just have the money sitting in your account. Average asset value is calculated using stock + cash. So you can just leave the 5k in there for the time period to meet the conditions

      • JamezAus on 21/07/2023 - 21:45
        +4

        I think you have to keep your average balance at $5000 or more (including any stocks you buy with that money) so no withdrawing obviously. They've given themselves enough wiggle room to screw you over on a technicality. I wouldn't keep my uninsured money with them any longer than a day let alone a whole month! It gives me Ponzi scheme vibes for some weird reason.

        • Charlie Dont Surf on 21/07/2023 - 22:02
          +1

          I did this last year, had to keep money in the account for a month in order to unlock my rewards. Didn't have any issues withdrawing the deposit after the month, and I still have the reward stocks sitting in my account with them.

          Obviously I can't offer any guarantees going forward, but I'm an example of someone who has successfully fulfilled these requirements in the past

          • JamezAus on 21/07/2023 - 22:13
            +1

            @Charlie Dont Surf: I personally get cold feet when I hear that some banks are blocking deposits due to fraud detection. Doesn't exactly instill confidence in the company.

            • Pacify on 23/07/2023 - 19:44

              @JamezAus: Nah, more how inane our banks are.

              The largest holder of Futu (that owns Moo Moo) is Tencent, whose revenue is what $100b lmao.

              Sure they going to steal your $5k.

              • capslock janitor on 26/07/2023 - 01:23

                @Pacify: But hey if they steal everyone's 5k.. It's about to add up in the first place

  • Moral hazard on 21/07/2023 - 21:45
    +4

    Signed up with a $5000 deposit and got unlucky with all spins getting low value stocks , total $100USD value. Requested the withdrawal.

    • wavesgreen on 21/07/2023 - 22:00
      +1

      Yeah that's what makes this a non-starter. At least before you threw down $2000, got it back straight away plus an average of 10% return. If you rolled low it was just unlucky.

      This one is so many hoops and locking up way more for a lesser average% return.

  • bohn on 21/07/2023 - 22:01
    +1

    Much prefer the previous deal. Still sooner money to be made but not ideal.

  • whey4000 on 21/07/2023 - 22:06
    +4

    Just signed up not sure I want to lock 5k up for 30 days with what could be a ponzi. Does the 2k for 10 shares still apply as well?

    • Charlie Dont Surf on 21/07/2023 - 22:11
      +1

      FUTU AU, an Australian Financial Services Licensee (Licence No: 224663) licensed by Australian Securities and Investments Commission (ASIC), is an indirect and wholly-owned subsidiary of Futu Holdings Limited listed on NASDAQ and backed by Tencent.

      • Micky14 on 21/07/2023 - 22:40
        +3

        FTX used to have ASIC as well. The licence doesn't help anything. 🤷‍♂️

        • Pacify on 23/07/2023 - 19:46
          +1

          FTX were a joke cyrpto company.

          Tencent is one of the largest companies in the world

  • Gumbootboy on 21/07/2023 - 22:48

    Is there any risk with this? How safe is the money you transfer in?

    The stocks are.on the NYSE? Is there any currency conversion going on, thinking about how you'd use the $50 vouchers…

    Are there any fees to transfer the shares to a dofferent broker of choice? (STAKE)

    • Charlie Dont Surf on 22/07/2023 - 00:02
      +1

      Typically it's expensive to transfer US stocks to another broker. I'd be looking to sell your reward stocks when you're comfortable doing so.

      The currency conversion 'margin' is baked into the forex rate. No explicit fee, if I recall correctly.

      • Gumbootboy on 23/07/2023 - 11:48

        Cheers.

        You are right about the fee: "Moomoo Financial Inc. charges a $75 transfer fee each time I request to transfer stocks out."

        https://www.moomoo.com/us/support/topic4_348#:~:text=Moomoo%….

        Just mentions US/HK, doesn't mention anything at all about the process for transferring AU stocks though..

        • Charlie Dont Surf on 23/07/2023 - 12:23
          +1

          Australian stocks should be free to transfer to another broker, but I'm less certain about that so don't quote me! A rort if there's a charge, although Moomoo are outside the CHESS framework. Wouldn't really recommend Moomoo for ASX trading anyway.

          • Gumbootboy on 23/07/2023 - 15:03

            @Charlie Dont Surf: Yeah I, was just thinking about it for getting the value of the $50 coupons. If I was going to be DCAing into some ASX ETFs anyway, and if it was free to transfer into a CHESS sponsored broker than that wouldnt be the worst..

  • cheapass88 on 21/07/2023 - 23:37

    How long does withdrawal take?
    I deposited 2k for previous deal and was told by ANZ they're doing a fraud check..and will take upto 72h. So I may miss the previous deal as my app now has 5k for 15 stocks. I don't mind adding an extra 3k but would like to know when I'll get it back as ideally, i need it back before early aug…. thanks!

  • Culpable on 22/07/2023 - 00:51
    +4

    Please be careful.

    Moomoo is not CHESS-sponsored [1 2], which means that you do not technically own the shares on Moomoo - they do.

    So if Moomoo go bankrupt, you lose all of your stocks on their platform.

    This looks like they're burning cash in the hope of future revenue.

    Further, their home page states that the 15 shares have "Value up to $6,100", which is incredibly misleading given the probability of landing this is 1x10^-73 %.

    That's 72 zeros between the decimal point and the 1 (based on this).

    i.e. 0.0000000000000000000000000000000000000000000000000000000000000000000000001 %

    That's less than 1 in a trillion trillion trillion trillion. Less than your chance of winning lotto twice in a row. And is borderline false advertising.

    • Bladeyyy21 on 22/07/2023 - 01:13

      How often would a stock broker go bankrupt though?

      • Culpable on 22/07/2023 - 01:27
        +3

        By giving out 15 free stocks to every new user?

        Less tongue-in-cheek - any business can go bust when its costs exceed revenue for a long enough period of time (past its cash buffers/ability to issue new debt).

        Stock brokers still have costs.

        They still have employees, office/rent/utilities, marketing, compliance, security, hosting, R&D, etc.

        If stock brokers were guaranteed money makers - everyone would start one.

          • Culpable on 22/07/2023 - 02:21
            +1

            @Bladeyyy21: It would be incredibly unlucky.

            I was speaking more to a longer-term view of people actually using this platform in the future to buy stocks.

            Not CHESS-sponsored plus misleading marketing is not a good mix.

            • Charlie Dont Surf on 22/07/2023 - 10:44

              @Culpable: It's been said before, but people are tapping into this promotion to pick up free stocks on the NYSE/NASDAQ.

  • bruschetta on 22/07/2023 - 00:55

    Does anybody else struggle to find Australia on the ID/country?

  • littlesoldier on 22/07/2023 - 01:51
    +1

    Just signed up and deposit $5000, still showing as "account in-review", how long it normally get reviewed?

    • cooni on 22/07/2023 - 08:00

      A business day

  • guyinmelbourne on 22/07/2023 - 04:38
    +2

    This promotion is definately worse than the previous one..
    And all other such companies are apparently doing the same thing.. tiger ..webull have followed similar paths.

  • SgtBatten on 22/07/2023 - 10:44

    Waiting on deposit to arrive. it was osko supported payid from NAB, usually instant, account was approved within 5 mins of applying but no deposit yet after several hours

    • GeoK on 22/07/2023 - 10:47

      takes up to 3 days they said!

    • finnybro on 22/07/2023 - 11:26

      Same story

    • wavesgreen on 22/07/2023 - 11:43

      Going by past moomoo threads, sometimes there are inexplicable delays with some banks' osko payments on a Friday evening and weekends.

    • cooni on 22/07/2023 - 12:28

      Have they sent you an email asking you to verify the deposit? For the first deposit for both mine and my wife's accounts we received an email asking for a bank statement showing name, bsb, acc# of the bank account it came from.

      Which took a business day to get approved

      • SgtBatten on 23/07/2023 - 08:31

        No but they attempted to ring (phone blocked it as spam automatically) and then contact me via WhatsApp to send me the offer of already signed up for. I asked about the deposit and they just said what for the banks.

    • Wildesy on 22/07/2023 - 14:52

      I had my NAB banking blocked for my trouble, lol. Starting to think this deal really isn't worth it, haha.

  • CyberMurning on 22/07/2023 - 11:34
    +2

    Was waiting for this day to join but then promo is different now imnot sure.. 5k in a month for 150… hmm still 3pct profit a month ie 36pct a year lol

    • wavesgreen on 22/07/2023 - 11:44

      Yep lower % return for a higher deposit amount combined with much longer deposit period has ruled this one out for me.

      • Herbs on 23/07/2023 - 10:04

        Agree, I went in the first promo and held out last week for this one, but am having second thoughts, since it has lower returns and risking $5k I think I'll pass.

  • Toothfairy0412 on 22/07/2023 - 16:02

    do you have to deposite all the money in one transaction?

    • Slo20 on 22/07/2023 - 19:13

      No

  • Slo20 on 22/07/2023 - 19:15
    +1

    AMC shares are up over 60% in after hours trading so minimum value of shares just increased dramatically.

    Super referral reward has also increased to 8 stocks instead of the previous 5.

    • SamBargain22 on 22/07/2023 - 19:32

      What are the super referral reward? I thought it was a $50 voucher for trade?

      • Slo20 on 22/07/2023 - 19:34
        +1

        Referrer gets 8 free stocks. Referee gets the $50 trade voucher.

        • SamBargain22 on 22/07/2023 - 19:35
          +1

          Oh yup my bad, thanks for the clarification!

        • SgtBatten on 23/07/2023 - 08:34

          Do new sign ups have super referrals to give to family/ friends right away?

          • Slo20 on 23/07/2023 - 08:39

            @SgtBatten: Yes, check your referral section once you sign up and you will see it up the top. It caps at 3 uses for a total of 24 stocks.

    • Lurk Hartog on 22/07/2023 - 19:57

      Ffffuuuuuuu

      Sold the 3 AMC shares that I won instantly.

  • itoyjobed on 22/07/2023 - 21:23

    Signed up using a OBZ referral code and deposited $500 via payID

  • beOson on 22/07/2023 - 23:27

    So with this promo, I need to deposit at least $500 and have it stayed there for at least 30 days, and during this 30 days the $500 is subject to market fluctuations?

    • wavesgreen on 22/07/2023 - 23:43
      +2

      No you can just leave the $500 there, you don't have to purchase stocks with it.

      For $500 you will get 3 spins for free stocks and at the end of the 30 days those stocks get 'unfrozen'.

      • CyberMurning on 23/07/2023 - 08:55

        And if that 3 spins arent good, just deposit another 4.5k and get 12 more spins?

        • wavesgreen on 23/07/2023 - 09:06

          Well if one wanted to do it piecemeal the whole way you can deposit a further $1500 and get 5 more spins, then a further $3000 and get another 7 spins.

          • CyberMurning on 23/07/2023 - 09:08

            @wavesgreen: Wow… seems Exactly like going to casino…. start small then spend more and more..

            • Charlie Dont Surf on 23/07/2023 - 11:22
              +1

              @CyberMurning: You're depositing, not spending. Important difference.

              But, yes, $5K is a non-trivial amount to deposit into a broker account when most people (on here) have no intention of ever 'spending' it.

          • FiDad on 23/07/2023 - 11:53

            @wavesgreen: Are we sure we are able to get additional deposits or is the promo only applicable for first deposit?

            • wavesgreen on 23/07/2023 - 17:30
              +1

              @FiDad: The wording in the T&C for each of these amounts and bonus spins is "during the campaign period".

              This is general advice only and you should be sure to read the full T&C of this promotion before deciding if it fits your financial needs.

  • hellodealhunter on 23/07/2023 - 10:59

    Is it safe ?
    How is it in comparison to stake?

    I am looking to switch from Stake to something else.

    • cooni on 23/07/2023 - 11:18
      +2

      Safe enough. They have all relevant licences but shit happens

    • Charlie Dont Surf on 23/07/2023 - 11:19

      For trading on the Australian or US market, or both?

      • hellodealhunter on 23/07/2023 - 11:37

        As of now only US stocks.
        Any recommendations will be good.

        • blue21 on 23/07/2023 - 16:34

          interactive brokers gets my +1

        • Charlie Dont Surf on 23/07/2023 - 16:57
          +1

          Interactive Brokers will be the cheapest, not the prettiest UI or app however. Use a referral code to pick up a 1% bonus when you deposit funds.

        • eecchhoo on 23/07/2023 - 17:26

          Same here I moved from Stake to interactive broker. Better exchange rate converting between AUD and USD, Received free Ibkr stocks when using referral.
          Depending on the amount stocked you have at stake at the moment. But for me I am better of transferring to ibkr

  • cooni on 23/07/2023 - 11:18

    Anyone know what the difference between Followed and Referred is when you check on how your referral code is going in the app?

  • itoyjobed on 23/07/2023 - 11:43

    Opened account, deposited $500 by payID, took few hours. Did 3 spins:
    2x Lucid Group shares (US$6.87 each) & 1 x Gamestop share (US$22)

    • capslock janitor on 23/07/2023 - 11:51

      is lucid a new addition to the prize ?..

  • itoyjobed on 23/07/2023 - 12:01
    +1

    I can see the below stocks now:

    TSLA - A$386
    LCID- A$10
    UA -A$11
    AAPL -A$285
    AMC- A$7
    GME- A$33

  • Bladeyyy21 on 23/07/2023 - 12:48
    +2

    $103 USD from my 15 stocks :(

    • FiDad on 23/07/2023 - 12:52
      -1

      Thats pretty good. when did you do the deposit?

      • Bladeyyy21 on 23/07/2023 - 13:49
        +1

        Friday midnight, arrived Saturday midnight, which is normal from CBA to withhold larger amounts for 24 hours to first time payees through PayID

      • wavesgreen on 23/07/2023 - 14:46
        +2

        US$103 is less than the Weighted Average Value of US$117.25

  • cheapass88 on 23/07/2023 - 15:08
    -1

    I spoke to chat and they said to maintain the balance for 30days??

    Access conditions:
    1.Deposit 500AUD during campaign period to receive 3 free additional chances to draw the prize. Maintain daily assets ≥ 500AUD for 30 days, then the gift shares will be unfrozen.
    2.Deposit 2,000AUD during campaign period to receive 8 free additional chances to draw the prize. Maintain daily assets ≥ 2,000AUD for 30 days, then the gift shares will be unfrozen.
    3.Deposit 5,000AUD during campaign period to receive 15 free additional chances to draw the prize. Maintain daily assets ≥ 5,000AUD for 30 days, then the gift shares will be unfrozen.

    Shares included in the lottery are: Tesla Inc (NASDAQ: TSLA), Apple Inc (NASDAQ: AAPL), GameStop Corp (NYSE: GME), Lucid Group, Inc.(NASDAQ: LCID), Under Armour(NASDAQ: UA), AMC Entertainment Holdings Inc.(NYSE: AMC)

    Usage：
    1.The spin opportunity will be automatically issued within 1 working day after completing the specified deposit task, which can be viewed through "App - Me - My Rewards";
    2.Please click on the "Spin" button on the promotion page to use the lucky draw within 30 days after obtaining the spin opportunity (link of the promotion page：https://fego-au.moomoo.com/welcome_rewards）
    3.Once you have completed the lucky draw, you will be notified immediately of the stocks you have won. Shares will be automatically released to your trading account within 5-7 business days after you receive the notification, but initially in a "frozen" state, you can check the frozen shares and the unlock date through [Account] - [Free Stocks].
    4.The frozen shares will be unfrozen automatically if the average daily assets are maintained at the specified amount for 30 days from the next day after the arrival of the frozen free shares. After unfrozen, the stock is expected to arrive within 5 business days. You can check the unfrozen stocks through - [Brokerage Account].

    • wavesgreen on 23/07/2023 - 15:33
      +8

      Yes we've been discussing that for the last two pages of this thread.

      • cheapass88 on 23/07/2023 - 20:39

        Yeh sorry i thought i posted it in the previous deal. The story is i deposit 2k on thur and it only cleared today

  • hellodealhunter on 23/07/2023 - 17:53

    Account approved within minutes. I used referral.

    1. No spin options
    2. Are deposits conditions to get additional spins, for USD or AUD ?
    3. Account not with Moomoo, but some futu. Was that expected? Wondering if money will be safe.
    • cooni on 23/07/2023 - 18:28

      Spins only after depositing.
      Make a trade to get the additional bonus for referral
      Moomoo = Futu. Safe

  • Yonaton on 23/07/2023 - 18:42
    +6

    Deposited $2k and got 8 spins, all LUCID and UA shares so $50USD in total, not worth keeping the deposit for 30 days and withdrew my money.

  • Pacify on 23/07/2023 - 19:49
    +2

    New offer gives more shares, but the breakdown seems much worse.

    Before it was 50/50 if you got AMC or GME, so quite often you might get mostly GME which was way more money, now its 90% chance you'll get something worth 4-7%

    • FiDad on 24/07/2023 - 15:08

      yes spot on i got 1 GME in my 15 spins and rest are just Lucid, AMC or UA

  • cheapass88 on 23/07/2023 - 20:42
    +1

    So I deposit 2k on Thursday and ANZ held my money for 72h. Very annoyed but that's a different story. I got 8 shares and they were only around 50usd value. I showed moomoo and they gave me an option to be part of the previous promotion! I asked if i would get new shares as it's a different pool in the previous promotion. Fingers crossed but their support has been outstanding so far

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