Get up to 1 free Tesla share worth up to S$1,398
Moomoo by moomoo Inc. is a stock trading platform that was launched in Singapore in March 2021 In Singapore, investment products and services on moomoo are offered by Futu Singapore Pte. Ltd. regulated by the Monetary Authority of Singapore (MAS).
Futu SG via moomoo app has been offering attractive sign-up offers to expand their customer base. They are a subsidiary of Futu Holdings Limited, listed in NASDAQ (NASDAQ:FUTU) and backed by Tencent. moomoo is the first global digital brokerage with access to multiple markets to offer $0 platform fee, $0 data fee and lifetime $0 commission for US stocks so you can trade freely with no fees*. *Terms and conditions apply.
In Singapore, investment products available through the moomoo App are offered by Futu SG, a broker-dealer and custodian licensed by the Monetary Authority of Singapore, (License No. CMS101000).
The company will be offering up to 1 free Tesla share worth ~ S$1,398 (value accurate at the point of writing) when you make a minimum deposit of S$2,700 from now till 30 June 2022. You will get a chance to spin the sure-win wheel to win one of the following stock reward:
- 1 x NIO share worth ~S$27; or
- 1 x Roblox Share worth ~S$57; or
- 1 x Apple Share worth ~S$227; or
- 1 x Facebook Share worth ~S$295; or
- 1 x Tesla Share worth ~S$1,398
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.
- Maintain daily assets of SGD 2,700 for 30 days from the day of share allocation. Assets include cash, stock positions etc.
The free share will automatically be allocated within 3 business days after you have made your first deposit of SGD 2,700 and complete a spin, but the status of the share will remain frozen until 30 days from the day of share allocation. You MUST maintain daily assets of SGD 2,700 and assets include cash, stock positions etc so you don’t have to necessary trade to earn the reward. If you do decide to trade, moomoo allows a 20% decrease in total asset value from stipulated amount (i.e. SGD 2,160 / USD 1,600 / HKD 12,800) due to market fluctuations.
Other benefits of trading on the moomoo app
Investors can enjoy the following benefits when trading with moomoo:
- $0 Commission for US Stocks Forever*
- 1-year $0 Platform Fee for US stocks
- Lv. 2 Real-Time US Market Data
- S$10 Stock Cash Coupon*
- S$30 Fund Cash Coupon*
* T&Cs apply. Subject to price fluctuation.
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