Sign up for Moomoo through this site’s exclusive link, meet the deposit requirements, and you can stack up to three rewards: up to $1,000 in NVDA, $100 in trading coupons, an ultra-high 8.1% APY on idle cash, plus one free year of Moomoo Engine premium features. You can review the rewards one by one below. I think the best value is depositing $2,000 to get $200. If you have enough funds, you can go up to $10,000 to get $300. Idle cash also earns 8.1% APY.

First bonus: new user deposit reward, get up to $1,000 in NVDA

  • Make a first cumulative deposit of $500 and receive $30 worth of NVDA stock -> 60-day lock-up
  • Make a first cumulative deposit of $2,000 and receive a cumulative $100 worth of NVDA stock -> 60-day lock-up
  • Make a first cumulative deposit of $10,000 and receive a cumulative $200 worth of NVDA stock> 60-day lock-up
  • Make a first cumulative deposit of $50,000 and receive a cumulative $400 worth of free NVDA stock -> 120-day lock-up ($200 released after 60 days, remaining $200 released after 120 days)
  • Make a first cumulative deposit of $100,000 and receive a cumulative $1,000 worth of free NVDA stock -> 180-day lock-up ($200 released after 60 days, $400 released after 120 days, remaining $400 released after 180 days)

You can use your deposit to trade, or simply leave it there to earn interest. If you do trade, I recommend depositing a bit more so you don’t fall below the required threshold after any losses!

Second bonus: trading coupon reward. After new users deposit $100, they get 10 $10 trading coupons

  • Each $100+ trade can use one coupon, which is basically an incentive to trade more. If you just want to cash it out, buying SGOV works.
  • Also, if you refer a friend to sign up for Moomoo, you’ll get another $10*10 in trading coupons.

Third bonus: high interest for new users, account-opening Cash Sweep bonus up to 8.1% APY

  • New customers can join Cash Sweep as soon as they open an account. The coupon will be sent to the account and needs to be activated in the app.
  • Idle cash can earn 3.35% APY + a 2-month 4.75% APY booster (supports deposits and withdrawals anytime + automatic trade settlement). This 8.1% APY applies only to the first $20,000 in cash deposits.

Note: This article covers Moomoo U.S. benefits and product feature information. If you apply with an SSN or ITIN and enter a U.S. address, you can receive the bonus normally.

[Transfer Bonus] In addition, Moomoo also has a transfer bonus that can match 3% of transferred assets. You must transfer assets from a designated brokerage to Moomoo to activate it. For the first transfer, Moomoo will match 3% of the transferred amount as a cash bonus, up to $600 (full terms). Note that the transfer bonus and the deposit bonus use different channels. Assets transferred in cannot activate the NVDA offer mentioned above; deposited funds cannot activate the transfer bonus. However, new users can get both bonuses as long as you move funds into Moomoo through both methods. If you have questions, you can join our WeChat consultation group and ask there. Since the group has more than 200 members, you will need to add our assistant to be invited into the group.

Futu Moomoo Overview

First things first: the stock market involves risk, so invest carefully!

The US stock market has been highly volatile recently, so it is a good time to introduce some other stock trading apps. Moomoo is a legitimate US-licensed securities broker and a member of SIPC and FINRA. In addition to commission-free stock trading, Moomoo supports Hong Kong stocks, ETFs, and options trading. It also recently added full support for major cryptocurrencies and supports IPO subscriptions for popular new listings. Feature-wise, it provides free Level 2 market depth data as well as a professional AI version. My personal experience has been very good. Compared with other competitors, it has more comprehensive features, a user-friendly interface, and is suitable for everyone from beginners to more advanced users. Seeing a Chinese interface always feels familiar, and there is also 24-hour Chinese-language customer service. Note that you must be a US Person to apply for Moomoo, and Resident Aliens are also eligible. An SSN/ITIN is required to apply. There are no trading commissions. You need to file taxes according to US tax requirements.

Account Opening Information

Account Opening Bonus

Refer to the bonus described at the beginning of the article.

Account Opening Requirements

  • First, of course, you should have some understanding of stock trading, since it involves risk!
  • A US SSN/ITIN, because this is related to tax reporting on investment income.
  • New accounts are all Margin Accounts.
  • You may be asked to provide documents such as a US driver’s license, ID, proof of address, and identity verification.

Account Opening Process

  • Step 1: Click the account opening link in this article, click Get Free Stock, and complete registration on the page. Here you only need to enter your email address and password.
  • Step 2: Download the Moomoo App. Search for Moomoo trade in Google Play or the App Store. The app icon is the same as the first image in this article.
  • Step 3: Open the app and log in. Remember to use the email address and password you used to register through the referral link.
  • Step 4: Tap the “Open Account” button in the bottom menu bar, then enter the required account opening information, including your name and SSN, in English.
  • Step 5: Wait for the review result. Usually the review is completed in less than 1 business day, and you will be notified of the account opening result by email.
  • Step 6: After the account is successfully opened, remember to meet the deposit requirement for the account opening bonus and keep the required balance for the specified period.

Funding

As with other brokerages, once you link your US bank account to your Moomoo account, you can initiate an ACH debit directly in the app. The funds will arrive in your Moomoo account within 2–7 business days. Other methods and limits are as follows:

Fees, Taxes, and Supported Trading Products

Supported trading products:

  • US/Hong Kong stocks: stocks, ETFs, options, OTC, ADRs, and IPO subscriptions. Like other emerging internet brokerages, it does not support mutual fund trading.
  • Cryptocurrency Crypto (new): major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), and Dogecoin (DOGE) can now be traded directly. In this area, Moomoo is relatively ahead among internet brokerages.

As with other US stock brokerages, the fee for buying and selling stocks and ETFs is $0. Options trading fees are also 0, including $0 options contract fees. (Other fees may apply.) Margin Rate: currently 6.8% as of 2025.9. For taxes, Moomoo follows US tax rules. You will need to use the generated tax forms and report capital gains (long-term and short-term) and dividends when filing your taxes. Please consult a tax professional for details. Moomoo supports pre-market and after-hours trading, but does not currently support 24-hour trading.

A fee comparison with similar platforms is below:

Moomoo Key Features

All-in-One Account

With one account, you can invest in Hong Kong/US stocks, ETFs, and options. It fully supports cryptocurrency and US IPO subscriptions. Moomoo supports multiple trading products, including Hong Kong stocks, US stocks, ETFs, options, IPO subscriptions, and trading in major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), and Dogecoin (DOGE). Moomoo US also fully supports cryptocurrency trading, with support for 32 types of crypto trading, including Bitcoin, Ethereum, and SOL. Crypto trading charges 0 commissions, and platform fees are as low as 0.49%.

Trading Hong Kong stocks and A-shares through Stock Connect does not require opening any additional account. It supports Hong Kong stock derivatives options and multiple trading product types. In the app, you can view rankings for Hong Kong stocks and A-shares through Stock Connect, including trending capital discussions, unusual short selling activity, capital flows, gainers, actively traded names, and more. You can also filter by region to view popular stock information for the corresponding market.

Options trading supports comprehensive real-time market data (many other platforms have a 15-minute delay). Featured tools include an options price calculator, unusual options activity, an options screener, and position/capital distribution. Moomoo is fully integrated with AI. Moomoo’s AI supports real-time market data and professional trading tools, summarizing all major macro and individual stock events, trading data, and abnormal moves into structured information so traders can read it quickly. It also provides clickable sources for cross-checking at any time, greatly improving research efficiency. Traders at different levels can quickly understand market developments, avoid missing key updates, and interact with AI instantly with support for multi-turn Q&A.

Moomoo has now also added a brand-new trading product category: Prediction Market. Unlike common gambling platforms, Moomoo’s Prediction Market uses an exchange model with no house. Prices are freely determined by buyers and sellers and are directly regulated by the US federal CFTC/NFA. The barrier to entry is also low: you can participate with just $0.01, with 0 commissions.

Moomoo Engine

Moomoo officially launched Moomoo Engine in July — a professional tools membership designed around trading styles, with a market price of $3.99/month. New users who register through the exclusive link in this article and complete registration and account opening after July 2 can use it free for a full year with no additional action required.

Moomoo Engine packages professional trading tools based on your investing style. Tools like these used to require piecing together multiple platforms, but now one account can handle everything. In addition, the high-yield cash sweep account also requires Moomoo Engine to activate! The price is $3.99 per month; if your account has more than $1,000, the price is only $0.99 per month.

  • - Fundamental Engine: AI fundamental briefs, earnings center, analyst forecasts, institutional research reports, valuation models, revenue analysis, and smart money—suitable for users doing stock research and long-term investing
  • - Options Engine: options Level 2 quotes, options strategy wizard, profit/loss calculator, Gamma exposure, unusual options activity scanner, options screener, and automated trading strategies—suitable for users building options strategies and managing risk
  • - Technical Engine: real-time level 3 market depth, chip distribution, indicator backtesting, custom alerts, ultra-fast ladder trading, professional chart trading, and advanced orders—suitable for users doing technical analysis, day trading, or swing trading

Also, for existing users (users who registered through this site before July 2, 2026), as long as the account has more than $100 in assets (including cash and investment accounts), they can currently automatically enjoy Moomoo Engine for free, along with the 3.35% APY high-yield cash account—no need to worry!

Cash sweep

In addition to the traditional stock trading account, Moomoo has added a cash sweep account for the cash portion, so your idle cash can also earn a high yield. As of May 2026, the annual yield on this account is 3.35% APY (the first two months can be matched to 8.1%). So if you have spare cash sitting in this account earning high interest while still being available for investing at any time, it is a very nice setup. It supports deposits and withdrawals at any time, requires no currency conversion, and automatically settles trades.

Charts, technical indicators, and TradingView integration

There is a rich selection of charts and technical indicators, such as the commonly used MACD, KDJ, EMA, and BOLL. Company data is also comprehensive, including news, ratings, company financials, and more. Moomoo also partners with TradingView to provide professional charting tools, which are suitable for technical-analysis traders: you can draw lines and add annotations directly in the TradingView interface, then place orders on Moomoo with one click without switching software.

Moomoo AI

Moomoo has just launched a brand-new feature that connects Moomoo’s real-time market data and trading functions directly to AI tools such as Claude and ChatGPT. You can talk to the AI in Chinese, and it can help you look up quotes, analyze data, and even practice buying and selling in a simulated account—no investing knowledge or coding ability required. You can use it just like sending messages. Of course, the button for whether to trade is still in your hands.

IPO investing

Moomoo’s access to U.S. IPOs has been upgraded: $0 commissions, $0 subscription fees, and no lock-up period. This year’s popular stocks, such as Bullish, Gemini, and Figure, all had full allocation for participants on Moomoo. If you are interested, you can complete account opening and funding in advance, so that when a promising new stock appears, you will still have time to participate. The IPO subscription window is generally only 2–3 days, and users in the U.S., Singapore, and some HK users can participate.

Many people make a bit of money from IPO allocations, which is still quite nice. If you get allocated a good pick, it is generally a strong setup.

Other features

  • Supported order features: basic orders (auction orders, market orders, limit orders, fractional-share orders); advanced orders (stop-limit orders, market-if-touched orders (take profit), limit-if-touched orders (take profit), trailing stop market orders, trailing stop limit orders)
  • 24/7 real-time news: integrates the latest market and company news from more than 50 high-quality professional sources, including Bloomberg. The 24×7 news feature pushes timely updates so you can stay on top of investment news as soon as possible and not miss breaking news. For global news, simply follow individual stocks to receive relevant updates promptly, identify investing opportunities early, and seize entry opportunities in time.
  • Earnings calendar: during earnings season, use Moomoo’s earnings calendar to visually mark the earnings release dates of major U.S. companies. You can find the release dates for companies you care about with one click, subscribe for automatic reminders, and get earnings release information as soon as possible.
  • Earnings center: provides earnings previews and integrates popular previews to help you quickly understand key data points and expectations for leading companies’ earnings. You can jump to the earnings calendar with one click and easily schedule reminders for earnings release times.

Switching to a non-resident account

Moomoo supports converting an account to a Non-Resident version, and after returning to China for the long term, it can be converted to the domestic version. The downside is that trading will incur fees, the same as Futu NiuNiu: U.S. stocks are $0.0049/share, and Hong Kong stocks are 0.03%; see the details. You need to submit information such as a W-8 form, a photo of yourself holding your ID card, and a photo of yourself holding your SSN. If you need this, you can email [email protected], and customer service will request the appropriate materials based on your situation. In addition to trading fees, dividends in non-resident accounts are subject to 10% withholding tax, so keep that in mind.

My take

I would describe Robinhood as simple. Moomoo, on the other hand, is more comprehensive and powerful than Robinhood, with a nice interface. Crypto, options, and the recently launched AI feature are all very practical, and U.S. IPOs have no lock-up period, so you can sell once you have gains. If you want to take stock investing seriously, Moomoo is a better fit for you. Webull is also good and often has deposit promotions. These apps are all free, with no monthly fees and no trading fees, making them suitable for beginners to start learning from scratch; they also give you free stocks to try your luck.

Stock Basics

Below are introductions and sign-up bonuses for several commonly used U.S. stock brokerages.

Review Sign-up bonus Quick take
Moomoo (Futu) $200 stock card + $1,000 NVDA + 8.1% APY Feature-rich, with a good Chinese-language experience. Market data, Level 2, options, and cash management are all practical, making it suitable for everyone from beginners to active traders.
TradeUp (Tiger Brokers) 50 NVDA shares + chance to win 5 shares + 4% for three months Good for active trading. Trading fees and margin are relatively competitive for U.S. tax residents, and it supports Web Trading, Level 2, and Chinese-language customer service.
Webull 12 fractional shares + 1 month of Premium membership Strong market-monitoring and active-trading features, with relatively complete charts, technical indicators, options, and pre-market/after-hours trading. Best for users who trade frequently.
BBAE Up to $650 bonus Relatively convenient account opening for Chinese users, and you can apply without an SSN/ITIN. Chinese-language support is good, but there is currently a Platform Fee, so it is not ideal for small-balance high-frequency trading.
Robinhood Chance to get 1 stock Simple interface and easy to use, suitable for beginners buying U.S. stocks for the first time. Gold users also get a high yield on idle cash and a lower Margin Rate.
Interactive Brokers Up to $1,000 Highly professional, with support for global markets and multiple currencies. Margin costs are competitive, and it also supports account opening for Chinese residents, making it suitable for advanced and global investors.
TradeStation $250 Geared more toward professional and active trading, with strong advanced charting, strategy backtesting, and automated trading features. Ordinary long-term investors may not need it.
Schwab Up to $1,000 Good for long-term investing and larger asset balances, and convenient for buying ETFs and CDs. Checking and worldwide ATMs are also strengths, but the default interest rate on idle cash is relatively low.
Fidelity brokerage account Sign-up link A long-established full-service brokerage, suitable for long-term investing, ETFs, and retirement accounts. Cash management is also solid, making it a good primary brokerage for the long run.
BIT (formerly Matrixport) Deposit and trade to get $210 Suitable for Chinese users and digital-asset users. You can use funds such as USDT/USDC to allocate to U.S. stocks. It is not a traditional U.S. brokerage, so fees and the asset custody structure need to be reviewed separately.
SoFi Invest Open an account to get $75 Simple to use and supports Stock Bits, making it suitable for small-balance and long-term investing. Professional market data and trading tools are limited, so it is not suitable for frequent trading.
M1 Finance Invest Deposit money to get $10 Focuses on Pies and automated investing. It is suitable for long-term recurring investments after setting your stock and ETF allocations, but not for users whose main focus is active trading.

If you do not have an SSN/ITIN but still want to trade U.S. stocks, you can consider the brokerages/platforms below. They can be registered entirely with Chinese documents, using either an ID card or passport. None participate in China's CRS.

  • BBAE: Chinese-user-friendly; you can open an account without an SSN/ITIN.
  • BIT (formerly Matrixport): You can open an account with an ID card, and approval can take just a few hours.
  • Bitget platform: Identity verification can be completed with an ID card or Chinese passport.

If you are in mainland China and want to invest in U.S. stocks, see this summary:

Application link

Disclaimer

Disclaimer:$0 commission trading is available only to U.S. Residents trading in the U.S. markets through Moomoo Financial Inc.Other fees may apply. For more info, visit .Options trading is risky and not appropriate for everyone. Read the Options Disclosure Document () before trading. Options are complex and you may quickly lose the entire investment Promo 8.1% APY for new users only until 12/31/2025. Actual APY may differ, Rates may change. New user promo subject to terms & conditions, Click the ad for Bank Deposit List, Cash Sweep and Promo details. Terms and Conditions apply. Securities are offered through Moomoo FinancialInc..MemberFINRA/SIPCCrypto services are offered by Moomoo Crypto Inc. ("MCI") (NMLS ID 2287314), a money services business registered with FinCEN (MSB Registration Number: 31000288349013) . MCI is not a broker-dealer. Cryptocurrency services are not available in all states, see our full licensing disclosures . Cryptocurrencies are not legal tender, not backed by any government, and not FDIC insured or SIPC protected. Cryptocurrency trading involves significant risk and potential loss of principal. It is subject to volatile price swings, market manipulation, and can become illiquid at any time. For more information, see .IPOs can be risky and speculative investments and may not be appropriate for every investor. September