MooMoo Options Trading Fees in Singapore (2026)

A full breakdown of the Fixed Plan, Tiered Plan, GST, and how MooMoo compares to Tiger Brokers and IBKR for US options.

MooMoo Singapore charges US$0.65 per options contract on its Fixed Plan, plus a US$0.30 platform fee — so most trades cost around US$0.95 per contract before regulatory fees and GST. A Tiered Plan is also available, but it only beats the Fixed Plan once you trade more than 100 contracts a month. Here’s the full 2026 breakdown, with real worked examples.

Not financial advice. All figures are for educational reference only. Data verified as at 23 July 2026 unless noted.

Table of Contents

What Are MooMoo’s Options Trading Fees?

MooMoo Financial Singapore Pte. Ltd. lets you trade US-listed options — think SPY, QQQ, or single-stock names — from the same app you already use for stocks and ETFs. One options contract usually represents 100 shares of the underlying stock.

Every trade comes with two fees MooMoo charges directly: a commission and a platform fee. On top of that, you’ll see a handful of small US regulatory charges (SEC, OCC, ORF, CAT) that every Singapore broker passes through to clients. Finally, Singapore tax residents pay 9% GST on MooMoo’s own SG-chargeable fees.

You can choose between two pricing structures — the Fixed Plan or the Tiered Plan — and MooMoo lets you switch between them, though only once per calendar day.

Key Facts at a Glance

Fee Breakdown: Fixed vs Tiered Plan

MooMoo defaults every new account to the Fixed Plan when your options trading is approved. It’s simple: US$0.65 commission plus US$0.30 platform fee per contract, no matter how much you trade in a month.

The Tiered Plan works differently. Your commission rate depends on how many contracts you’ve traded that calendar month — it resets to zero on the 1st, or the moment you switch plans. Since 1 April 2026, MooMoo simplified this from 10 pricing tiers down to six:

Source: moomoo.com/sg U.S. Option Fees schedule, accessed July 2026

Here’s why that matters. If you only trade a handful of options contracts a month, the Tiered Plan’s entry-level rate of US$0.80 commission is actually higher than the Fixed Plan’s US$0.65. You only break even once you cross 100 contracts in a calendar month, and the real savings only kick in from the 10,001st contract onward — a volume level most retail investors will never reach.

Other Charges on Every Options Trade

Beyond MooMoo’s own commission and platform fee, every US options trade carries a few small pass-through charges set by US regulators and exchanges, not MooMoo:

• Options Regulatory Fee (ORF): US$0.013 per contract, on all trades
• OCC Clearing Fee: US$0.02 per contract, capped at US$55 per trade
• SEC Fee (sell-side only): US$0.0000206 × transaction value, minimum US$0.01 per trade
• Trading Activity Fee (sell-side only): US$0.00279 per contract for stock options; US$0 for index options (revised 7 February 2026)
• Consolidated Audit Trail (CAT) Fee: US$0.0003 per contract

These are tiny on their own, but they add up on top of commission and platform fees. Then there’s GST: since 1 January 2024, the Singapore government levies 9% GST on MooMoo’s own domestic and foreign fees — including commission, platform fees, and exchange-related charges — for Singapore tax residents. This shows up as a separate line on your contract note.

Worked Example: Buying 10 SPY Option Contracts

Numbers are more useful than percentages. Say you buy 10 SPY call option contracts to open a position. Here’s what that costs on each plan, assuming you’re within your first 100 contracts of the month:

Source: The Kopi Notes calculation, based on moomoo.com/sg fee schedule as at July 2026. Excludes FX conversion to SGD; figures are illustrative for a buy-to-open trade.

On this 10-contract trade, the Fixed Plan saves you about US$1.64 versus the Tiered Plan — confirming that Fixed is the better default unless you consistently trade over 100 contracts a month. Note that the SEC and Trading Activity fees only apply when you sell to close, and they’re negligible (well under US$0.10) on a typical retail-sized trade.

MooMoo vs Tiger Brokers vs IBKR: Options Fee Comparison

MooMoo isn’t the only broker Singapore investors use for US options. Here’s how the entry-level rates compare:

Source: moomoo.com/sg, itigerup.com/sg help centre, interactivebrokers.com.sg pricing pages, accessed July 2026

On a pure per-contract basis, Tiger Brokers’ new-user coupon and IBKR Lite both undercut MooMoo’s Fixed Plan. IBKR Pro can go lower still, but its tiered, volume- and venue-dependent pricing is harder to predict than a flat rate, and it rewards traders who understand limit orders and smart order routing. Tiger’s ultra-low rate is also promotional and typically tied to a new-account coupon with its own terms.

For a Singapore investor who already holds SG and US stocks or ETFs on MooMoo, trading occasional options in the same app is a convenience trade-off many are happy to accept, even if it’s not the single cheapest option on the market.

How to Reduce Your Options Trading Costs

A few practical ways to keep your MooMoo options costs down:

• Stick with the Fixed Plan unless you consistently trade more than 100 contracts a month — the Tiered Plan is more expensive below that threshold.
• Batch your contracts sensibly. Because the Fixed Plan has a minimum of US$1.99 commission and US$0.99 platform fee per order, trading 1-2 contracts at a time wastes a chunk of that minimum on very small positions.
• Check for the new-client promo. MooMoo periodically offers a $0 commission period for new options clients under both the Fixed and Tiered Plans — read the T&Cs on eligibility and duration before you start trading.
• Remember the once-a-day switch limit. You can only change between Fixed and Tiered Plans once per calendar day, so plan ahead rather than switching reactively mid-trade.
• Factor in GST and regulatory fees when comparing your actual cost to other brokers — a quoted “commission” figure alone doesn’t tell the full story.

Who Should Trade Options on MooMoo?

MooMoo is a solid fit if: you already hold Singapore or US stocks and ETFs on MooMoo and want options in the same app; you trade occasionally rather than in high volume; or you’re taking advantage of a new-client $0 commission promo.

Consider alternatives if: you trade options frequently and could benefit from IBKR Pro’s lower tiered rates; you’re a brand-new account holder who could use Tiger Brokers’ new-user coupon rate; or minimising per-contract cost matters more to you than platform convenience.

If you’re building a broader ETF portfolio alongside occasional options trades, our MooMoo trading fees guide for ETF investors breaks down the stock and ETF side of the fee schedule, and our IBKR vs Saxo vs MooMoo vs Syfe broker comparison looks at the bigger picture beyond options. For a like-for-like fee comparison, see our Tiger Brokers fees guide as well.

Options trading carries real risk, including the potential to lose your entire premium. This article covers fees only — not strategy or suitability. Work out your retirement and investment goals first using our Singapore retirement calculator, and consider whether a broker like Syfe for simpler ETF investing suits your risk profile better than active options trading.

Not financial advice. All figures are for educational reference only. Fee data verified against moomoo.com/sg as at 23 July 2026 and may change without notice — always check the official fee schedule before trading.

Frequently Asked Questions

Ready to Build Your Broader Portfolio?

Before you trade options, make sure your core ETF and retirement strategy is in place.