This was posted 3 months 4 days ago, and might be an out-dated deal.

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Sign up, Deposit $100 & Hold for 30 Days, Receive 3 Free Shares (Hold $2000 for 10 Shares) @ Moomoo

631

EASIER TO USE THE MOOMOO APP THEN WEBSITE FOR SIGNUP AND REWARDS

Terms and Conditions:

https://www.moomoo.com/au/support/topic6_428?_ftsdk=17060062…

1) How it works and How to Participate
1. Deposit AUD$100 into your Moomoo AU trading account to receive 3 chances to draw random gift shares from the prize pool

• The gift shares will be automatically allocated to your Account upon 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 $100 or more during the subsequent 30 calendar day period from the date of allocation (the "Asset Maintaining Period");

• To allow for profits or losses due to market fluctuations, a drop of the Average Assets value of up to 20% below the AUD$100 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.

  1. Deposit AUD$2,000 into your Moomoo AU trading account to receive 7 additional chances to draw random gift shares from the prize pool (10 free chances in total)

• The gift shares will be automatically allocated to your Account upon 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$2,000 or more during the Asset Maintaining Period commencing from 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$2,000 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.

Stock Picker Price (USD) Price (AUD)
TSLA 248.42 362.69
AAPL 185.64 271.03
GME 16.67 24.34
LCID 4.15 6.06
UA 8.23 12.02
SABR 4.27 6.23

The probability of winning each stock is as follows:

TSLA 0.001%

AAPL 0.005%

GME 9.994%

LCID 40%

UA 10%

SABR 40%

Referral Links

Referral: random (479)

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.

Related Stores

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closed Comments

  • +2

    Good times, great memories

  • +2

    Moomoo, more like Mehmeh.

    Bring back the decent bonuses. 🥺

  • +26

    Why is there logo the Among Us?

    • lol pretty sure its a bull for a bulls market

    • +6

      sus

    • their*
      thanks, phone.

  • +3

    Estimated value
    3 shares = $25
    10 shares = $85

    • +1

      Free money is free money, worth depositing 100$ for 25$ return

      • +8

        Haven't signed up so I don't know what they ask for,

        But are you willing to PM a random stranger your driver's licence back and front for $25?

        • I think a lot of us would. Shopback got breached yet ozbargainers are still clamoring for $2 cashbacks with 100s of upvotes on the daily. $25 is a bargain in comparison.

      • Geez all the trouble for only $25

  • +7

    Given the stated probabilities in the deal description, the average value per "share" is around $8.57AUD, so the average for 3 shares is about $25.70. May not be worth the effort for that

    • -4

      25% on 100$ investment over 30 days? I think it is

      • +8

        are you sure you only invest $100? You have to give away your identity.

      • +1

        if you value your time and personal information at $0

      • +4

        It's not so much the return on investment, it's the time required to sign up etc. Some peoples time is worth more than that I would say

      • +3

        No it is not. $25 is not worth the trouble. Don't use percentage, as its only $25 worth.

        • +1

          It's a shame it doesn't scale up. Deposit $2000 and get ~$500 in shares would make me consider it but as it stands, nah.

    • Yeah this feels like a pass for me. Considering the time and waiting period I'd rather just not have the money.

  • +5

    Ah yeh, the platform that feels the need to spam every reddit subreddit every day.

  • +1

    Saw these guys at Melbourne Central today

  • +1

    Do you just create a new account and invest $2000 for the 10 spins or do i have to do 2 seperate deposits of $100 and $2000

  • Is there any KYC requirement?

  • +11

    Of the three brokers that have been pumping out promos on here, this mob is my least preferred. Haven't delivered referral rewards, unsolicited phone calls, and look at those junk stocks that they're dishing out as rewards (high probability ones).

    • +5

      This was my experience too. A lot spammer than the other ones. I finally got my ~$25 gain transferred out yesterday, but it wasn't worth the time and the fiddle. Would not recommend!

      • Cheers matey

    • No referral $ at all?

  • Moomoo (cow) Vs Webull (cow) Vs Tiger Broker (tiger)

    Why cows and tigers and not other animals?

    • +3

      I guess most of them are trying to be associated with a bull market (Moomoo, eToro, Webull, etc.), Doesn't explain the tiger though, although I guess Tiger Broker sounds better than Bear Shares or something.

      • +1

        Bear Shares sounds good!

    • +1

      China…

      • +1

        Waiting for pigpig

    • We had Malcolm that could turn a bull?

  • +1

    Its competition miumiu and moose moose can do better

    • +1

      imagine Snake Broker, Cock a Doodle Do Cock a Doodle Do, WeDonkey, eArse

  • Does anyone churn share bonuses? Or do you get limited to 1 bonus per identity. Is it possible to ever transfer shares to a portfolio? Or do you always have to sell for the dollar value?

    • +1

      It's normal to require identification to open a share-trading account, so I can't see how you could double-dip with the same broker.

      Don't really understand the last two questions - yes you can transfer your portfolio to another broker, but it's expensive to do this for US stocks if you only have a small portfolio.

      • I think you answered me, but just say I open a new account and receive the bonus shares, can I transfer these bonus shares to say, a ComSec account?

        My second question is, is it easier to just sell the shares, and transfer the money rather than transferring actual shares?

        • +1

          If you're getting these bonus shares as NYSE/NASDAQ shares (ie. US stocks) it's better to just sell them and cash out.

  • this offer is not limited to be signups.. I got it as well in my account

  • +2

    Way to much effort for $25ish. Need another Promo like Webull. That was great!

    • +1

      $200 each was an insane promo. I got $2k out of it as tsla shares shot up during the promo period.

      They had another in December which required a $740AUD deposit and gave you cashback on stock/option trades. I farmed the US stock/options as there's no minimum trade and the fees were minimal. Made $264 off two accounts but it was a pain in the ass.

      • How many referrals did you get?

  • moomoo? seriously?

    • +1

      They’re justified, and they’re ancient.

  • I've been tempted many times but too scared with any of these. They can fold any day now and you'll never see your $2k.

  • So a gamble on a gamble?

  • Hi, is this deal only for new client who never open Moomoo account before? I open Moomoo account before and deposit money before.

    • have to read terms and conditions

  • Just let following people who want to join in. I contact and only for new people who never deposit before. They can get deal.

  • "The probability of winning each stock is as follows:

    TSLA 0.001%
    AAPL 0.005%
    GME 9.994%
    LCID 40%
    UA 10%
    SABR 40%"

    That explains why I got $33.74 worth of free stocks for depositing 2k lol

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