Get rewards of up to S$288 in value! Sounds too good to be true? Read on.
Moomoo by moomoo Inc. is a stock trading platform that has launched in Singapore in March 2021 and have been offering attractive sign-up offers to expand their customer base. moomoo Inc. the company behind the trading app is a subsidiary of Futu Holdings Limited, a company listed in NASDAQ (NASDAQ:FUTU) and backed by Tencent.
In Singapore, investment products available through the moomoo App are offered by to Futu Singapore Pte. Ltd. (“Futu SG”), a wholly-owned subsidiary of Futu Holdings Limited. Futu SG is a broker-dealer and custodian licensed by the Monetary Authority of Singapore, (License No. CMS101000).
From now till 30 September, they are giving away a free Apple Share to new customers who sign up during this period. As of 17 Sep, the share is worth 147.47 USD or around S$200 in value.
In addition, they are also giving you a S$88 cash coupon can be exchanged for cash in the moomoo app.
That is a total of S$288 in value we are talking about – and they are free once you complete the requirements.
Here’s how to redeem your free share
- Sign up for an account here and deposit a minimum of S$2,700, US$2,000 or HK$16,000 within 30 days of account approval. You will need to download the moomoo Trading App.
- Trade 5 times on any market and any product.
The free Apple share (AAPL) will be allocated to you automatically once you completed Step 2.
Tip: According to some users, you can easily complete Step 2 by buying and selling a non-volatile stock in the US market. That would make 2 trades. Do it 3 times to complete Step 2. Why US? Because you can buy a single share which sometimes cost you less than $10.
Other benefits of trading on the moomoo app
Investors can enjoy commission-free trades for 6 months plus free access to Market Data for US and SG stock exchanges. T&Cs apply.
If you are planning to start trading in stocks, this is a good start because you can enjoy unlimited commission-free trades in the US, HK & SG markets.
In addition, you also get free real-time quotes and market data for US, SG and China A share markets.
* T&Cs apply. Subject to price fluctuation.
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