With so many brokerages and different investing platforms, it can be hard to know which is best for you. In this article, we will provide a complete MOOMOO review, updated for 2025 to reflect the latest features and improvements.
MOOMOO is an advanced trading platform with a vast number of free features. Depending on your goals, MOOMOO may be the best platform for you. Let's dive in and take a look at its offerings, new developments, and how it compares to competitors.
This article is sponsored by Moomoo.
Based in Silicon Valley in California, Moomoo Inc. is a wholly-owned subsidiary of Futu Holdings Ltd.
Moomoo's parent company Futu is a recognized FinTech Unicorn and Asia's top-ranked online broker, providing one-stop online investing services. This is an online broker-dealer registered and regulated by the Financial Industry Regulatory Authority (FINRA) and the Securities Exchange Commission (SEC), ensuring strong regulatory compliance and investor protection.
Futu Holdings Ltd is backed by world-class investors including Tencent, Sequoia Capital, and Matrix Partners.
Since its inception, Futu's overseas affiliates have used specially designed trading systems, developed in-house. Its designers emphasize these systems are time-tested internationally. They say their innovative trading system solves challenges for traders and drives industry innovation.
Experts designed Moomoo as a next-generation broker/dealer. It cuts out the costs of operating traditional branches and excess brokerage firm overhead. Combining technology with on-the-go trading, Moomoo aims to offer an enhanced overall trading experience by combining the latest technology with the ability to trade via a mobile app or desktop platform with improved user interface and faster execution times introduced in 2025.
Like other platforms, Moomoo offers trades commission free. But where Moomoo differs is in its vast array of research capabilities and charting tools, plus enhanced security measures rolled out recently to protect user data.
There are many positive points for this mobile trading platform that again, may be too sophisticated for beginners. However, more advanced traders could find these capabilities very useful:
Beyond the features listed above, here are some other areas where Moomoo stands out in 2025:
There are a number of attractive features on the Moomoo mobile trading platform that many investors will find useful.
One qualm that many investors have with investing apps like Robinhood is the simplistic interface. Many platforms only provide information on basic price movements from day to day. This is often not enough for advanced traders to make informed decisions.
Moomoo offers a much more advanced interface for traders, full of market factors, powerful trading tools, and technical indicators that can assist traders of all styles.
From candlestick charts, to line charts, to dozens of other display options, traders are able to visualize price movements in a way that makes sense to them. In addition to tracking price movements, traders can keep tabs on moving averages, Bollinger bands, Greeks for options, and many other important indicators.
Moomoo provides investors with a fully customizable way to stay on top of the investments and positions that matter to them. Instead of needing to be glued to your screen, you can set up highly-personalized alerts for important events.
Whether you are waiting for a stock price to drop below a certain level, for specific company events, or want to be the first to know about relevant news, the market monitor feature will be very useful.
You're also able to customize your alerts around velocity. For example, you could set alerts if the price on one of your investments increases by 2% or more within 5 minutes to be notified of major developments worth reacting to.
When paired with the native stock screener, this becomes a powerful tool for traders to make quick and data-driven decisions.
Moomoo offers traders Level 2 market data for U.S. stocks at no charge, a feature that many brokerage platforms charge a premium for.
Level 2 market data displays the real-time bids and asks for any U.S. stock, giving traders insight into market depth and liquidity. This helps determine entry or exit points that assure the liquidity needed to complete the trade efficiently.
One of the greatest advantages of this enhanced data is access to real-time quotes, allowing active traders to see the actual price of a security at that moment, unlike delayed quotes which lag by 15-20 minutes on other platforms.
Using real-time data helps avoid overpaying or underselling based on outdated information.
In addition to real-time information prices, users can view ticker data and Nasdaq best bid and ask data, equipping active traders with a significant edge.
Moomoo has a paper trading application that many competing online investing platforms do not offer.
The term “paper trading” comes from the stock exchange, where investors would write their picks down on paper and track market movements.
Paper trading simulates actual money trading. This means you practice buying and selling stocks and ETFs, building a diversified portfolio without risking real money. This is a great way to get your feet wet and familiarize yourself with the platform's extensive tools risk-free.
It's important to remember the psychological differences when transitioning from paper trading to real investments, so prepare accordingly.
Moomoo lets users open margin accounts and borrow money against the value of the securities in their accounts.
Margin allows investors to access increased funds without selling current assets, which can amplify both profits and losses.
With margin accounts, you face the risk of margin calls, whereby your broker may require you to deposit more funds or automatically sell securities if losses exceed limits. Brokers are not obliged to provide extensions during margin calls.
Interest rates for margin vary based on federal funds rates; check Moomoo's site for current rates.
Within the Moomoo app, there is an online community where you can communicate with other investors. The community is extremely active with over 100K+ users and is a great way to find new perspectives about investment opportunities.
Within the community, investors can post, share, create polls, and anything else you would expect from an online community.
While you shouldn't take anyone's opinion about investments too seriously without doing your own research, it can be a good way to get a pulse on your investments and learn from others' experiences.
Moomoo provides educational content including tutorials, webinars, and detailed guides to help investors of all levels. These resources are valuable for beginners needing to navigate the platform's extensive features as well as advanced traders looking to refine their strategies.
Moomoo has a very comprehensive, up-to-the-minute news section to keep you informed about market-moving events and exclusive insights that can put you ahead of the crowd.
Recent topics have included:
News events like these can have a significant impact on your portfolio. Moomoo aims to keep you updated on companies that matter most to you.
As a newer investing platform, it's reasonable to wonder whether Moomoo is legit, or whether it is a safe place to invest.
Moomoo is a member of the Securities Investor Protection Corporation (SIPC). This federally-mandated corporation protects your investments in the unlikely event that Moomoo closes due to bankruptcy or financial trouble, and your assets are missing.
The SIPC insures the value of your investment portfolio, as well as any cash you have in reserve. This insurance covers up to $500,000 in your portfolio, of which up to $250,000 can be cash.
You are ultimately responsible for monitoring your total to be certain you do not exceed SIPC insurance limits. This could mean some of your funds are uninsured. If that is the case, you may want to move some of your cash to another broker that is covered by the Securities Investor Protection Corporation to maintain full coverage.
However, always remember there are limits on the safety and security of your accounts. Any losses you incur on the money you invested – such as a dip in the market value – are not covered by any type of insurance.
In addition, Moomoo is regulated by the Securities Exchange Commission and the Financial Industry Regulatory Authority (FINRA). These are the primary organizations that oversee brokers in the US. As a member of the Financial Industry Regulatory Authority, Moomoo is required to abide by regulations designed to keep the public safe, including data privacy and trading compliance.
The Moomoo app is extremely intuitive and allows investors to set up an account and begin investing in a matter of minutes. Through either the desktop or mobile app, you can submit an application to create an account on the trading platform.
In order to create a Moomoo account, you must be a U.S. Citizen, 18 years or older, and have a social security number.
To help beginners navigate the platform's complexity, here is a quick guide to essential tools setup:
To get started on Moomoo, follow these instructions:
Once your Moomoo account is approved, you can make a deposit and the first $1,000 will be accessible instantly. The rest of your deposit will need time to settle before it can be invested. Keep in mind there is no minimum deposit required to start trading on Moomoo.
Moomoo remains a highly competitive brokerage app in 2025, particularly appealing to active traders and investors who value advanced tools and deep market data.
A common complaint among investors is that other free trading apps lack the research tools and data they need. Moomoo offers a comprehensive suite of tools and research capabilities, though it might overwhelm complete beginners at first.
The app is clearly tailored toward advanced traders who plan to take a more active approach. The real-time data, enhanced charting features, and intuitive graphs make placing effective trades more streamlined.
Paper trading is also a huge plus, as this allows you to take the platform for a test drive 100% risk-free. You can learn the ins and outs without risking real money and safely transition to live trading.
The free stock bonuses for signing up continue to be some of the best offers available in 2025, reflecting the competitive landscape of investing apps.
Ultimately, Moomoo is completely free to try with no minimum deposit. The upgraded user interfaces, powerful order capabilities, and enhanced security make it a strong contender in the market. For those who want robust tools, global markets access, and active community interaction, Moomoo is worth exploring.
If you are new to investing and find Moomoo's features complex, there are many other investing apps for beginners that may better suit your needs.
