One thing about arguments on the internet: if you are wrong, you can just delete the post. Talking big costs nothing. Think about yourself—when the Federal Reserve met last month, did you think, “They are definitely cutting rates this time”? When the tariff news came out, did you tell someone, “iPhones are definitely going to get more expensive”? You probably make judgments like this every week, but other than saying them in a group chat, they do not mean much. Until I discovered something: these judgments can actually be traded. Your “opinions” may actually have a chance to make money.

Opinions can be traded too? How does that work?

Moomoo recently launched a new feature: Prediction Market. The idea is simple: for something that has not happened yet, you can bet Yes or No.

The contract price reflects the market’s current consensus on the probability of that event happening. If you are right, it settles at $1.00. If you are wrong, the most you can lose is your purchase cost—nothing more.

For example: “Will the Fed cut rates in September?”

  • If the “YES” contract price is $0.65, the market is saying: people think the probability of a rate cut is about 65%.

If you buy 100 YES contracts:

  • Cost = $65
  • If the Fed does cut rates → each contract becomes $1 → value $100
  • If the Fed does not cut rates → each contract becomes $0 → you lose it all

You might ask: can’t platforms like DraftKings also let you wager on things?

  • The difference is that those platforms are the house—the odds are set unilaterally by the platform, the spread includes a built-in take, and if you win too much, your account may be limited.
  • Moomoo’s prediction market, by contrast, uses an official exchange model. There is no house. Prices are determined by buyers and sellers. You will not be banned for winning too much, and it is directly regulated by the U.S. federal CFTC/NFA, with higher compliance standards.
  • Even more importantly, it is inside your Moomoo brokerage account, which makes it safer and more reliable—not a separate standalone platform.

New users who open and fund an account now also have a chance to get up to $1000 in NVIDIA stock and enjoy an 8.1% APY benefit on idle cash. Click the link to participate.

What does this have to do with everyday life?

Here are a few real-world scenarios that may make it click right away.

  • You are following the NBA Finals: You think Wembanyama is too young and the Spurs cannot win this time. Instead of endlessly debating in a group chat, you can find a “Spurs to win the championship” contract in Moomoo and buy No. How much you spend is up to you—$1 is fine, $50 is fine too. The point is to participate. When the series is over, the result speaks for itself—if you win, it is a real payout; if you lose, you only lose the amount you paid to buy in, and that is it.
  • You are watching the Federal Reserve: Rate cut or no rate cut—people argue about it online every day. If you have looked at a bunch of data and formed your own view, you can express it directly through a contract like “Will the Fed cut rates in 2026?” You do not need to trade options, and there are not so many complicated variables. It is simply a yes-or-no question, and it settles directly once the result is known.
  • You just want to follow a trending topic: Will Taylor Swift get married this year? Will Spain advance in the World Cup? These are already the kinds of topics you see while scrolling. Put $1 to $5 on it in Moomoo, and you may find that seeing related news afterward feels completely different—because now you have a position in it.

How do you participate? Is there a high barrier to entry?

For ordinary people, this is even simpler than investing in stocks or funds. You only need to have a view on an event, choose yes or no, and you can participate. You do not need complicated fundamental or technical analysis knowledge.

The barrier to entry is also very low. You can start with $0.01. Losses on each contract are capped. You can put in as much or as little as you want, and you define your own risk. If you change your mind halfway through, you can close your position at any time without waiting for the event’s final settlement.

Moomoo’s advantages

Very low barrier, extremely simple gameplay

  • Broad coverage and many categories: the first batch includes 100+ contracts covering hot events across sports, the economy, politics, culture, and more.
  • Simple to use: no need to understand complex financial concepts. Just decide “yes” or “no” to participate.
  • Ultra-low cost: start with $0.01, enjoy a 6-month promotional period ($0 commission + $0.01 per contract exchange fee), and fractional contract trading is supported.

Tight risk controls, manageable losses

  • Limited risk: the maximum loss is limited to your purchase cost, with no additional margin-call risk.
  • Flexible trading: supports 24/7 trading, so you do not have to wait for the event to settle and can close your position anytime.

Professional tools for easier decision-making

  • AI-powered assistance: MoomooAI collects news in real time and analyzes core fundamentals and key variables to help you make more informed decisions.
  • Community sentiment insights: community comments and interaction are supported, letting you see other investors’ real sentiment and the market’s direction in real time.

Smooth experience, many order types

  • One-stop account: no need to open a separate account or transfer funds. Buying power is shared, and you can trade directly with funds in your existing account.
  • Multiple order types: supports market orders, limit orders, fractional orders, parlay combo orders, and more to meet professional trading needs.

My take

Robinhood started heavily promoting Event Contracts in 2025. In reality, Robinhood itself is not a prediction market exchange. Many of the contracts behind the scenes actually come from Kalshi, a U.S. prediction market exchange regulated by the CFTC. Robinhood simply places these markets directly inside its app. Webull has taken almost the same route: Webull’s Prediction Market is also connected to Kalshi’s exchange and order book. Moomoo’s newly added feature is also built on Kalshi under the hood. In comparison, it has CFTC regulation, and if you are more familiar and comfortable with the Moomoo app, you can try placing a small trade inside it—just treat it like buying a lottery ticket for fun.

Personally, I do not recommend spending too much time and energy researching this, since it is not value investing. However, you can use these probabilities to gauge the likelihood of various events, which may be helpful for investing in the U.S. stock market—for example, seeing how people are predicting rate cuts.

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.

For other U.S. stock brokerages and basic investing knowledge, you can also check out:

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:

Disclaimer

This article is only an introduction to a product feature and does not constitute investment advice. Event contracts are not suitable for all investors. Please understand the relevant risks before trading.

Trading event contracts involves risk of loss. Prediction Markets are offered by Moomoo Financial Inc., an NFA-registered FCM. Restrictions apply. Certain contracts may not be available in all U.S. states. Sports contracts not available in all states. $0 commission is a limited-time promotion; other fees may apply. 8.1% APY promo for new users only, rates subject to change. Terms and conditions apply. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC.