moomoo Platform Fee Singapore 2026: What You Actually Pay Per Trade

Updated November 2026 · 7 min read · By The Kopi Notes

In This Guide

1. What Is the moomoo Platform Fee?
2. moomoo US Stock Fees 2026
3. moomoo Singapore Stock Fees 2026
4. moomoo HK and China A-Share Fees
5. Currency Conversion (FX) Fees
6. moomoo vs Other Singapore Brokers
7. How to Minimise moomoo Fees
8. Frequently Asked Questions

moomoo Singapore charges a platform fee of US$0.99 per lot for US stocks — there is zero commission on top of this. For Singapore stocks, moomoo offers commission-free trading for one year from account opening. HK and China A-shares are commission-free for the first 30 days. moomoo is MAS-licensed (CMS101000) and operates a simple, transparent fee structure designed to minimise the cost of regular investing for Singapore retail traders.

Not financial advice. All figures are for educational reference only. Data as at November 2026 unless noted. Verify current fees at moomoo.com/sg before trading.

What Is the moomoo Platform Fee?

The moomoo platform fee is a per-trade charge applied in place of a traditional commission on US-listed stocks and ETFs. Rather than taking a percentage of your trade value, moomoo charges a flat US$0.99 per lot regardless of the trade size. Combined with its zero-commission structure, this makes moomoo one of the most cost-effective brokers available to Singapore investors for US stock and ETF trading in 2026.

The platform fee exists because moomoo eliminated the percentage-based commission that traditional brokers charge (typically 0.08% to 0.25% per trade). For large trades, this means significant savings. For example, a S$10,000 trade in an S&P 500 ETF at a traditional broker charging 0.18% would cost S$18 in commission — at moomoo, it costs just US$0.99 (approximately S$1.35), a saving of over S$16 per trade.

See our moomoo Singapore review for a full platform breakdown beyond just fees.

moomoo US Stock Fees 2026

US stocks and ETFs are where moomoo’s fee advantage is most visible. The complete cost structure for a US stock trade on moomoo is:

Source: moomoo.com/sg — fee schedule as at November 2026. Regulatory fees subject to change by US regulators.

In practice, the SEC and FINRA fees are tiny (a US$5,000 sell trade incurs approximately US$0.14 in regulatory fees combined) and are unavoidable as they are set by US regulators — every broker that offers US stocks must pass these through. The only moomoo-specific charge is the US$0.99 platform fee.

What “one lot” means: For US stocks, one lot typically equals one standard board lot — usually 100 shares. If you buy 100 shares of NVIDIA in one order, the platform fee is US$0.99. If you split the same purchase into two separate orders on the same day, the fee is US$1.98. Combining orders into single executions where possible keeps costs down.

moomoo Singapore Stock Fees 2026

Singapore Exchange (SGX)-listed stocks and ETFs benefit from moomoo’s promotional commission-free period. New accounts opened as at November 2026 receive one year of S$0 commission on SG stocks from the date of account approval.

Source: moomoo.com/sg and SGX fee schedule, November 2026.

The SGX clearing and access fees (totalling 0.04% of trade value) are set by SGX and apply regardless of which broker you use. These are unavoidable regulatory costs. The difference between brokers is on the commission layer, which moomoo waives entirely for the first year.

For SGX-listed ETFs such as the Xtrackers range (XUS, XWR, XND) or the Lion-Phillip S-REIT ETF, the year-long commission waiver makes moomoo one of the cheapest ways to build an SGX ETF portfolio through regular DCA buys. The moomoo referral code HTWYQP95 stacks on top of the account opening bonus to maximise first-year value.

moomoo HK and China A-Share Fees

Hong Kong Exchange (HKEX) stocks and China A-shares traded through the Stock Connect programme receive a 30-day commission-free period for new accounts. After the promotional period ends, standard commission rates apply. Always check the current rates on the moomoo Singapore fee page before trading these markets.

Currency Conversion (FX) Fees

When you fund your moomoo account in SGD and trade US-dollar-denominated stocks, there is a currency conversion step. moomoo uses a spot-based FX rate with a small spread. As at 2026, this spread is typically in the range of 0.1%–0.3% of the converted amount. This is competitive compared to traditional bank forex rates (which can be 0.5%–1.5%) but worth factoring in for investors who regularly move large amounts between SGD and USD.

To avoid repeated FX conversions, you can hold a USD balance in your moomoo Universal Account and fund it with USD transferred from a multi-currency account or card. This strategy works well for investors who regularly buy US-listed ETFs such as CSPX, VWRA, or SPYL on behalf of a SGD-based portfolio.

moomoo vs Other Singapore Brokers: Fee Comparison

To put the moomoo platform fee in context, here is how it compares to the main brokers available to Singapore retail investors in 2026:

Singapore broker fee comparison, November 2026. Source: individual broker fee schedules.

Key takeaway: moomoo’s US$0.99 platform fee gives it one of the lowest costs per trade for US stocks among Singapore retail brokers. The main competitor at a similar price point is Longbridge (US$0.99/lot) and Tiger Brokers (US$1.00/lot). IBKR charges per share (US$0.005/share, min US$1.00), which works out more expensive for typical lot sizes but can be cheaper for fractional-share trading. For Singapore stocks, the first-year commission waiver makes moomoo the cheapest option during the promotional period.

If you are also considering managed portfolio options, the Syfe referral code and sign-up bonus and the Endowus referral code offer first-year fee waivers on robo-advisory platforms, which are worth comparing for investors who prefer a hands-off approach. For pure self-directed ETF investing, also see our IBKR referral code page for IBKR’s fee structure as an alternative.

How to Minimise moomoo Platform Fees

The moomoo platform fee is already low, but there are a few strategies to minimise costs further:

1. Batch your buys into single orders. Since the platform fee is US$0.99 per executed lot, placing one order for 100 shares costs the same as one order for 500 shares if the entire order fills at once. Where possible, batch your planned purchase into a single order rather than multiple smaller ones.

2. Use limit orders during volatile periods. A market order on a volatile US stock could slip past your intended price. A limit order locks in your maximum buy price — the platform fee applies regardless, but you avoid unfavourable fill prices that add invisible cost.

3. Keep USD balance to avoid repeat FX conversions. If you trade US stocks regularly, holding a USD balance in your moomoo Universal Account avoids the FX spread on each trade. Convert SGD to USD in one go when the exchange rate is favourable.

4. Maximise the SG commission-free year. New accounts get one year of free SG stock trading. Use this period to build your SGX ETF positions through regular DCA buys before the standard rates kick in. This is especially valuable for investors building a Singapore T-bills 2026-style laddering strategy alongside equities.

5. Use the welcome rewards. The moomoo sign-up bonus includes trading cash coupons that offset platform fees on early trades. These are credited automatically for new accounts — make sure to use them before they expire (typically 180 days).

Frequently Asked Questions