moomoo Promotion Code 2026: Latest Deals vs Endowus, Syfe & FSMOne
Is moomoo’s welcome bonus worth it — or are Endowus, Syfe and FSMOne better for Singapore investors?
moomoo Singapore regularly runs promotions offering up to S$290 in welcome gifts for new users who fund and trade stocks. However, moomoo is primarily a stock-trading app — not a managed investment platform. If you want CPF/SRS investing, robo-advisor portfolios, or hands-off wealth management, Endowus (referral code 2V343), Syfe (code SRPRFFFCD), or FSMOne (code P0544985) are better fits. This guide breaks down moomoo’s current promotions alongside alternatives so you can pick the right platform for your goals.
Not financial advice. All figures are for educational reference only. Promotions are subject to change — verify directly with each platform. Data as at June 2026.
- moomoo’s 2026 promotion offers up to S$290 in welcome gifts for new funded accounts — one of the highest welcome bonuses in Singapore.
- moomoo suits active stock and ETF traders; it is NOT designed for CPF, SRS, or managed fund investing.
- For CPF/SRS investing or robo-advisor portfolios, Endowus, Syfe, or FSMOne are more appropriate — and all have their own referral bonuses.
Table of Contents
Contents — Click to expand
- moomoo Promotion Code 2026: What You Get
- moomoo vs Endowus vs Syfe vs FSMOne: Full Comparison
- Platform Fees Compared: What You Actually Pay
- CPF and SRS Investing: Where moomoo Falls Short
- Who Should Use moomoo?
- All Referral Codes and Promo Bonuses in One Place
- How to Claim moomoo’s Promotion
- Verdict: moomoo or Endowus / Syfe / FSMOne?
- Frequently Asked Questions
moomoo Promotion Code 2026: What You Get
moomoo (operated by Futu Singapore Pte. Ltd., a capital markets services licence holder regulated by MAS) periodically runs new-user promotions. As at June 2026, their headline offer includes welcome gifts of up to S$290 for new funded accounts. The exact bundle varies — typical components include fractional shares, trading commissions rebates, and cash vouchers.
Here’s what the typical moomoo promotion structure looks like:
| Promotion Tier | Requirement | Reward |
|---|---|---|
| Welcome Gift | Open + fund account S$1+ | 1 free stock (random, value ~S$5–S$30) |
| First Deposit | Deposit S$2,000+ | Cash coupons up to S$80 |
| Trade Reward | Complete 3+ trades within 30 days | Commission rebate + additional shares |
| Total Maximum | All tiers completed | Up to S$290 in welcome gifts |
Source: moomoo Singapore website, June 2026. Verify current promotion at moomoo.com/sg — terms change frequently.
There is no specific “moomoo promotion code” field in their standard sign-up flow — the welcome promotion is applied automatically when you open and fund a new account via their app. However, if a friend refers you using their personal referral link, both you and your friend may receive additional rewards.
moomoo vs Endowus vs Syfe vs FSMOne: Full Comparison
moomoo and the three platforms above serve very different investor types. Before chasing the highest welcome bonus, understand what each platform actually does.
| Feature | moomoo | Endowus | Syfe | FSMOne |
|---|---|---|---|---|
| Type | Online brokerage | Robo-advisor / fund platform | Robo-advisor | Fund supermarket + brokerage |
| Best For | Active stock & ETF trading | CPF/SRS + managed funds | Thematic portfolios + Cash+ | DIY fund + ETF investing |
| CPF OA Investing | ❌ Not available | ✅ Yes (CPFIS) | ✅ Yes (Syfe Trade CPFIS) | ✅ Yes (CPFIS) |
| SRS Investing | ❌ Not available | ✅ Yes | ✅ Yes | ✅ Yes |
| Platform Fee | S$0 (custody free) | 0.25% p.a. | 0.35–0.65% p.a. | S$0 platform fee |
| Stock Trading | ✅ SG/US/HK stocks | ❌ No direct stocks | ✅ Via Syfe Trade | ✅ SG/US/HK via CDP |
| Welcome Referral Bonus | Up to S$290 (promo) | S$20 fee waiver (code 2V343) | Variable (code SRPRFFFCD) | Cashback (code P0544985) |
| MAS Regulated | ✅ CMS licence | ✅ CMS licence | ✅ CMS licence | ✅ CMS licence |
Source: Platform websites and MAS Financial Institutions Directory, June 2026.
The key takeaway: moomoo wins on welcome bonus size, but loses on CPF/SRS access and managed portfolio features. If you are primarily a buy-and-hold investor using your CPF savings, moomoo cannot help you — you need Endowus, Syfe, or FSMOne instead.
Platform Fees Compared: What You Actually Pay
A S$290 welcome bonus sounds great. But how much do you pay in fees over time? Here is a fee breakdown for a S$50,000 portfolio over 1 year:
| Platform | Annual Platform Fee | Fee on S$50,000 | Trade Commission (SG stocks) | CDP Ownership |
|---|---|---|---|---|
| moomoo | S$0 custody | S$0 | 0.03% (min S$0.99) | ❌ Custodian held |
| Tiger Brokers | S$0 custody | S$0 | 0.05% (min S$1.99) | ❌ Custodian held |
| Endowus | 0.25% p.a. | S$125 | N/A (funds only) | N/A |
| Syfe | 0.35–0.65% p.a. | S$175–S$325 | 0.06% (Syfe Trade) | ❌ Custodian held |
| FSMOne | S$0 platform fee | S$0 | 0.08% (min S$10) | ✅ CDP settlement |
Source: Platform fee schedules, June 2026. Fund investing fees exclude underlying fund TERs.
For pure stock trading, moomoo and Tiger Brokers are the cheapest options. However, if you invest in funds via a robo-advisor, annual platform fees compound over time. For FSMOne users who want FSMOne referral code access and CDP-held Singapore stocks, FSMOne remains one of the most cost-effective all-round brokers in Singapore.
CPF and SRS Investing: Where moomoo Falls Short
This is the biggest gap in moomoo’s offering. moomoo does not support CPF Investment Scheme (CPFIS) investing or SRS account investing. If you have built up CPF Ordinary Account savings beyond the first S$20,000 (which earns 2.5% p.a.), you cannot put that money to work on moomoo.
| Investor Need | moomoo | Better Alternative |
|---|---|---|
| Invest CPF OA in ETFs or funds | ❌ Not supported | Endowus referral code 2V343 |
| Invest SRS savings tax-efficiently | ❌ Not supported | Endowus or Syfe (both SRS-eligible) |
| CPFIS ETF (e.g. CSPX, VWRA) | ❌ Not supported | FSMOne or DBS Vickers (CPFIS-eligible brokers) |
| Robo-managed retirement portfolio | ❌ Not available | Endowus, Syfe, Singapore retirement calculator |
Source: CPF Board CPFIS guidelines, MAS investor education, June 2026.
If retirement planning is your goal, use our Singapore retirement calculator to size your portfolio target — then choose a CPF/SRS-eligible platform accordingly.
Who Should Use moomoo?
| Investor Profile | Use moomoo? | Why |
|---|---|---|
| Active trader (SG/US/HK stocks) | ✅ Yes | Lowest commissions, real-time data, S$0 custody |
| DIY ETF investor (cash only) | ✅ Yes | Low-cost ETF trading, fractional US shares |
| CPF investor | ❌ No | CPFIS not supported — use Endowus or FSMOne |
| SRS investor | ❌ No | SRS not supported — use Endowus or Syfe |
| Beginner hands-off investor | ⚠️ Maybe | No robo portfolio — Syfe or Endowus easier to start |
| Dividend income investor (S-REITs) | ⚠️ Maybe | Can buy S-REITs but custodian-held — FSMOne gives CDP ownership |
Source: The Kopi Notes analysis, June 2026.
The bottom line: moomoo’s S$290 promotion is genuinely attractive for cash-funded stock trading. But if your investment priority is CPF/SRS optimisation or a hands-off managed portfolio, look at the other platforms first. For passive income strategies, check our guide on passive income Singapore 2026.
All Referral Codes and Promo Bonuses in One Place
| Platform | Referral Code | Bonus / Reward | Where to Apply |
|---|---|---|---|
| moomoo | Via referral link | Up to S$290 welcome gifts | moomoo app sign-up |
| Endowus | 2V343 | S$20 access fee waiver | Endowus referral code |
| Syfe | SRPRFFFCD | Variable bonus (see site) | Syfe referral code |
| FSMOne | P0544985 | Cashback on trades | FSMOne referral code |
| MariBank | 2DCT80WQ | S$20 cash reward | MariBank referral code |
| GXS Bank | YONG477 | Bonus interest | GXS Bank referral code |
Source: The Kopi Notes, June 2026. Bonuses subject to change — verify on each platform’s website before signing up.
How to Claim moomoo’s Promotion
- Download the moomoo app from the App Store or Google Play. Open an account using your Singpass MyInfo for faster verification.
- Complete identity verification (SingPass/MyInfo or manual NRIC upload). This usually takes under 10 minutes.
- Fund your account via PayNow or bank transfer. A minimum deposit of S$2,000 is typically required to unlock the higher-tier promotion rewards.
- Complete the required trades within 30 days of funding. Usually 3–5 trades qualify, depending on the current promotion terms.
- Check the Rewards Centre in the moomoo app to track your earned welcome gifts and claim fractional shares or cash coupons.
Note: moomoo accounts are custodian-held — your shares are held by Futu, not in your CDP account. If S-REIT investing and CDP ownership matter to you, consider using our FSMOne referral code for Singapore stock investing — FSMOne settles trades to your CDP account.
Verdict: moomoo or Endowus / Syfe / FSMOne?
- You want to actively trade SG, US, or HK stocks with low commissions
- You have cash savings (not CPF/SRS) to invest in individual stocks or ETFs
- You want to maximise the upfront welcome bonus
- You are already using a separate CPF/SRS platform and want a trading account
- You want to invest CPF OA or SRS savings
- You prefer a robo-managed portfolio with automatic rebalancing
- You want CDP ownership of Singapore stocks/REITs (FSMOne)
- You are a beginner and want a simpler, more guided experience
Many Singapore investors use moomoo alongside Endowus or Syfe — moomoo for active trading, Endowus/Syfe for CPF/SRS retirement savings. For more platform comparisons, see our guide to best S-REITs in Singapore 2026, or use our Singapore retirement calculator to plan your long-term goals first.
