Moomoo: How to get $6,600 worth of rewards

Get up to $6,600 in rewards on moomoo!

Flight Hacks has partnered with Moomoo to offer our readers a limited-time welcome offer, with total rewards worth up to A$6,600. This includes chances to receive up to 10 free stocks, valued at up to $3,300, for eligible deposits. These stocks are randomly chosen from a selection of six US stocks, including Tesla, Apple, and more. Terms and conditions apply. Additionally, you can earn an interest rate of 6.8% per annum on your uninvested cash balance, up to AUD 100,000, for 180 days, which could result in up to A$3,300 in interest. Terms and conditions apply.

You can obtain these welcome rewards simply by clicking here. The guide below shows how easy it is to access your bonus, ensuring that it’s easy for you to start your high-yield program on Moomoo. Just click here to claim the bonus.

Moomoo Cash Plus offers new users the opportunity to earn 6.8% p.a.* for 180 days on their uninvested cash, capped at an uninvested cash balance of AU$100,000 in Cash Plus. The funds must be maintained for 30 days. This means that if you deposit AU$100,000 with Moomoo and keep it for 30 days, you will earn around AU$3,300.

Moomoo Cash Plus is a cash management plan provided by Moomoo for Australian customers. You can deposit and withdraw funds at any time. Your cash assets (Australian dollars) in your Moomoo account will be stored in designated customer fund trust accounts held by CBA and HSBC and will not be commingled with company funds. The funds are fully segregated, and you will earn interest on the uninvested cash balance in your Moomoo AU account. It’s important to note that the 6.8% annualized interest is not a bank deposit but rather a limited-time promotional offer where Moomoo subsidizes new customers for 180 days.

In addition to Cash Plus’s 6.8% p.a. interest for 180 days on a maximum of 100,000 AUD uninvested cash balance, you can also receive up to 10 free shares with eligible deposits. If you deposit AU$100 and maintain it for 30 days, you can earn 3 free stocks, and if you deposit AU$2,000 and maintain it for 30 days, you can earn 10 free stocks. Simply click here or use the above code to enjoy the reward.

Key Takeaways

• Moomoo is an intuitive online trading platform offering $0 commission trades across various markets, including ASX, US, and Hong Kong stocks, with free access to Level 2 market data and referral rewards for users.
• The Moomoo referral program incentivizes both referrers and referees with benefits such as up to AU$3,300 in Welcome Rewards, with specific rewards based on regional schemes and depositing qualifying amounts.
• Moomoo boasts user-friendly trading tools and competitive commission rates that cater to both novice and experienced traders, although the referral program is limited to stocks, options, and ETFs and does not include assets like bonds or mutual funds.

Introduction to Moomoo and Its Referral Program

Moomoo is an online trading platform that offers a moomoo au trading account with:

• Access to a variety of stocks, ranging from ASX to US and Hong Kong stocks
• Intuitive trading tools
• Free access to LVL 2 market data

One of its unique selling points is its referral program, which rewards users with up to 10 free shares worth $3,300 when joining via this link. But does it live up to the hype? Let’s explore.

How to get Free Shares With Moomoo referral code

• Initial Deposit Options:
• For AUD$100 Deposit: Deposit AUD$100 into your Moomoo AU account to earn three chances to win gift shares from a prize pool.
• For AUD$2,000 Deposit: If you deposit AUD$2,000, you get seven additional chances, making it a total of ten chances to win gift shares.
• Status of Gift Shares: After using your draw chances, the gift shares you win are allocated to your account but are initially ‘frozen’. While in this state:
• These shares don’t contribute to the total market value of your portfolio.
• You cannot sell these shares on the market.
• Unfreezing the Shares: To change the shares from ‘frozen’ to active:
• For the AUD$100 deposit, maintain an average asset value of at least AUD$100.
• For the AUD$2,000 deposit, maintain an average asset value of at least AUD$2,000.
• This maintenance should be for 30 days following the allocation of shares (the ‘Asset Maintaining Period’).
• Market Fluctuation Allowance: Your average asset value is permitted to fall by up to 20% below the respective thresholds (AUD$100 or AUD$2,000) during the Asset Maintaining Period. This leniency accounts for normal market variations.
• Completion of Unfreezing Process: If you successfully maintain the required asset value for 30 days and meet all conditions, your gift shares will be unfrozen. This should occur within 5 business days after the Asset Maintaining Period.

Why You Should Be Using Moomoo in 2024

What is Moomoo, and what services does it provide? Moomoo was originally established in Palo Alto, California—the beating heart of America’s tech sector. Moomoo Australia has been named the “Online Broker Rising Star” of 2024 by Money Magazine Australia.

Moomoo is a trusted and well-established company in the finance industry, holding over 50 licenses in major financial markets. With 21,000,000 users worldwide and an 11-year history, the company is listed on Nasdaq (NASDAQ: FUTU). Moomoo offers a unique position among brokers in Australia. It is competitively priced, provides access to domestic and foreign markets, and features a well-reviewed mobile app.

As an intuitive online trading platform, Moomoo offers some of the lowest rates across various markets. At Moomoo, you can trade stocks, options, and ETFs, including Australian stocks, US stocks, US OTC stocks, and Australian and US ETFs (including crypto ETFs). Moomoo is dedicated to empowering every investor to invest like a pro, offering self-developed professional analysis tools to simplify investment analysis, enhance efficiency, and increase the success rate of investments. Unlike most platforms, Moomoo doesn’t offer ‘Pro’ accounts or subscription models with premium features— all users have full access to pro-level features, including AI-powered analysis tools.

Who is Moomoo for?

Moomoo’s fee structure and research tools cater to both active traders and passive investors, ideal for investors of all levels interested in trading shares on the Australian Stock Exchange (ASX), US stocks, Hong Kong stocks, and ETFs. The platform provides access to over 15,000 global stocks and ETFs, along with a suite of innovative features and tools that help users navigate major financial markets and uncover new investment opportunities.

Novice investors can engage with the vibrant Moo community of 21 million users worldwide and leverage an extensive in-app library of over 1,200 investing courses and tutorials. Moomoo is pioneering in Australia, offering 24/7 trading of the 300 most popular US stocks and ETFs.

Getting started with Moomoo is relatively straightforward. Potential users can use our referral link to download the Moomoo app and create a Moomoo account. When you join Moomoo via our exclsusive Moomoo referral code, you can get up to 3 free stocks when depositing $100 and a total of 10 free stocks when you deposit $2,000 into your account. There’s no requirement to trade any money so these stocks will get credited free just for joining and making the deposit! Let’s now investigate the platform’s features in more depth.

How Does Moomoo Make It Easier for Every Investor to Make Smart Investment Decisions?

Moomoo simplifies the process for investors to make informed investment decisions through efficient and comprehensive fundamental analysis by offering the following outstanding features:

• 24/7 Unlimited Access to Quality Global News: Gain free access to global headlines and company announcements from reputable sources such as Bloomberg, Reuters, Dow Jones, and more, ensuring you never miss crucial investing news.
• AI-Powered Analysis Tools: Utilize a broad spectrum of AI-powered stock analysis tools that help investors instantly analyze stock charts, understand price movements, and detect bullish or bearish signals and unusual activities.
• Institutional Tracker: Access 13F data on the world’s largest institutions, keeping abreast of the latest holdings and the recent buying and selling trends of major organizations like Warren Buffett’s Berkshire Hathaway and others.
• Industry Chain: Moomoo’s Industry Chain feature illustrates the value chain of popular sectors and industries, identifying upstream, midstream, and downstream opportunities, which helps investors understand the interconnectedness of different market segments.
• Visualized Financials: Experience Moomoo’s visual presentation of company revenues and key financial indicators (EPS, current ratio, ROI, etc.), enabling a quick and comprehensive understanding of a company’s financial health and performance.
• Analyst Ratings: Stay updated with real-time analyst ratings and price targets from over 4,000 financial analysts and 250 institutional research firms. Moomoo also showcases the efficacy of these analysts through simulated trades, presenting their wins and returns to aid your investment decisions.

To enhance technical analysis and improve its efficiency, Moomoo offers the following exceptional features:

• Technical Analysis Tools: Moomoo provides a US-patented charting toolbox that includes more than 62 technical indicators and 37 drawing tools, facilitating a comprehensive analysis of market trends and stock behavior.
• Stock Screener: Equipped with customizable presets and over 100 filters, including technical indicators, analyst ratings, and more, Moomoo’s Stock Screener enables investors to sift through stocks efficiently to find those that match their investment criteria.
• Free and Easy-to-Use Algorithmic Trading Tool with Open API: Moomoo introduces a groundbreaking feature that simplifies algorithmic trading, allowing investors of all skill levels to utilize complex algorithms and automate their trading strategies effectively.
• Advanced Order Types: Moomoo offers advanced, free conditional orders, helping investors secure better prices and manage risk. These include limit stop orders, trailing stop orders, and more.

Advantages of Moomoo’s Fees:

• Moomoo’s trading fees are competitively priced in comparison to other platforms offering Australian and US stocks. Remarkably, it charges no ongoing fees, and its platform along with research tools are available at no cost, eliminating concerns about account minimums for new sign-ups.
  
• Furthermore, all Moomoo users benefit from complimentary access to professional-grade features, including 60 sets of real-time quote data, financial data, and AI-powered analysis tools, without any subscription fees, platform fees, or minimum deposit requirements.
  

Understanding Moomoo’s Referral Program

Moomoo’s referral program, also known as the moomoo referral code, is designed to reward both referrers and referees. Here’s how it works:

• Referrers can earn a $10 Cash Coupon for each referred friend who signs up and downloads the Moomoo app for the first time using the moomoo referral link.
• The referred friend is also eligible for additional rewards, such as free stocks and additional cash coupons. With our Moomoo referral, you get either 1 Free share with no funding required, 3 shares when you deposit $100 and 10 shares if you deposit $2000.
• The specific rewards for the referred friend are contingent upon them depositing a specified amount of money.

These referral rewards, including cash rewards, can be quite substantial and provide benefits for both the referrer and the referred friend.

The referral program varies by user location, with rewards ranging from $10 – $30 Cash Coupons in Australia to up to over $2,000 worth of free shares for new users who sign up. With these incentives in place, the referral program appears to be a win-win for all parties involved. But how does it fare in practice?

Moomoo welcome gift for new users

10 free stocks

• You can get up to 10 free stocks valued up to AU$ 3300 with eligible deposit when you sign up for Moomoo Australia for the first time.

Moomoo Cash Plus

• Earn 6.8% p.a. interest on up to 100,000 AUD uninvested cash balance for 180 days.

Other exciting offers for new accounts

• Free live pricing with 60 levels of quotes

Simply click here or the above code to enjoy the reward.

Summary

In summary, Moomoo stands out as a trading platform that caters to both beginner and experienced traders. With its wide range of markets, advanced trading tools, and user-friendly interface, Moomoo provides a comprehensive trading experience.

The platform’s referral program is another major draw. Offering substantial benefits to both referrers and referees, the program incentivizes new users to join the platform and enjoy its features. Despite some limitations, the referral program remains a compelling reason to consider Moomoo as a trading platform.

In conclusion, whether you’re a novice trader looking to dip your toes in the stock market or an experienced trader seeking a platform with advanced tools and competitive fees, Moomoo deserves consideration. With its generous referral program, Moomoo not only makes trading accessible but also rewarding.