moomoo SG 2026: Platform Fees, MAS Regulation & October Promotions Explained
Everything Singapore investors need to know about moomoo’s real costs before opening an account
The Kopi Notes · Updated October 2026
moomoo SG (Moomoo Financial Singapore Pte. Ltd., MAS CMS Licence CMS101000) is a regulated brokerage letting Singapore investors trade US stocks with zero commission and a flat US$0.99 platform fee per order, Singapore stocks (SGX) commission-free for the first year via custodian account, and HK stocks with a HK$15 platform fee per order. With over 2 million Singapore users and physical experience centres at Raffles Place, ION Orchard and Tampines, it offers six global markets — US, SGX, HK, China A-shares, Japan, and Australia — all in one app.
Not financial advice. All figures are for educational reference only. Data verified as at October 2026 from official moomoo SG sources unless noted.
What is moomoo SG?
moomoo SG is the Singapore arm of Moomoo Financial Inc., a Nasdaq-listed fintech company (ticker: FUTU) backed by Tencent. The Singapore entity — Moomoo Financial Singapore Pte. Ltd. — is a separately regulated entity operating under Singapore’s financial regulatory framework.
The platform launched in Singapore in 2021 and has grown to serve over 2 million users in Singapore and 31 million globally. Unlike most digital brokerages, moomoo SG operates physical experience centres at Raffles Place, ION Orchard, and Tampines — making it one of very few online brokers with a walk-in presence.
moomoo SG targets two primary investor types: passive investors seeking low-cost global market access, and active traders who want advanced charting, options tools, and Level 2 market data. The platform is available as a mobile app (iOS and Android) and as a desktop app for Windows and macOS — unique among Singapore retail brokers.
Is moomoo SG MAS Regulated? Yes — Here’s What That Means
A common question from first-time users: is moomoo SG safe and properly regulated in Singapore?
Yes. Moomoo Financial Singapore Pte. Ltd. holds three key licences from the Monetary Authority of Singapore (MAS):
- Capital Markets Services (CMS) Licence: Licence number CMS101000 — authorises moomoo to deal in capital markets products including securities and derivatives
- Major Payment Institution (MPI) Licence: Licence number PS20200617 — allows the platform to handle payment transactions and fund transfers
- Exempt Financial Adviser status under the MAS framework
You can verify these licences directly on the MAS Financial Institutions Directory.
What protection do you get as a Singapore client?
- Segregated client accounts: MAS regulations require that your cash and securities are held separately from moomoo’s own funds
- CDP-linked option for SGX stocks: moomoo offers a CDP account option giving you direct ownership of shares in your own CDP account
- MAS oversight: As a licensed entity, moomoo SG is subject to MAS supervision, capital adequacy requirements, and regular audits
For a comparison of brokers’ regulatory frameworks and safety features, see our best brokerage in Singapore 2026 analysis.
moomoo SG Platform Fees: Complete Breakdown
moomoo’s headline “$0 commission” applies specifically to US stocks. Here is what you actually pay on each market, verified from moomoo’s official fee schedule as at October 2026.
US Stocks and ETFs
| Fee Component | Amount | Notes |
|---|---|---|
| Commission | US$0 | Permanent zero commission for whole shares |
| Platform fee | US$0.99/order | Flat fee regardless of order size |
| Fractional shares platform fee | 0.99% (capped US$0.99) | For trades under 1 whole share |
| SEC fee (sell only) | US$0.00008 per USD proceeds | Regulatory fee on all US sell orders |
| FINRA TAF (sell only) | US$0.000166/share (max US$8.30) | Regulatory fee on sell orders |
Source: moomoo Singapore official fee schedule, October 2026
What this means: Buying US$1,000 of Apple costs approximately US$0.99 total. For very small orders under US$100, the US$0.99 fee can exceed 1% — worth noting for investors making many small trades.
Singapore Stocks (SGX) — Two Account Types
| Fee | Custodian Account (Default) | CDP-Linked Account |
|---|---|---|
| Commission | Free for 1 year (new users) | 0.10% (min S$4.99/order) |
| Platform fee | 0.03% (min S$0.99/order) | 0.12% (min S$4.99/order) |
| SGX clearing fee | 0.0325% of trade value | 0.0325% of trade value |
| SGX trading fee | 0.0075% of trade value | 0.0075% of trade value |
| Share ownership | Held by moomoo on your behalf | Registered in your own CDP account |
Source: moomoo Singapore official fee schedule, October 2026.
Hong Kong Stocks
- Commission: Free for first 30 days (new users)
- Platform fee: HK$15 per order (always applies)
- HK government stamp duty, HKEX trading fee, and SFC transaction levy also apply
US Options
- Commission: US$0.65 per contract (first month free for new users)
- Platform fee: US$0.30 per contract (minimum US$0.99 per order)
- Total effective cost: US$0.95 per contract for regular users
Margin Lending Rates
- USD and SGD margin: 4.80% per annum
- HKD and CNH margin: 6.80% per annum
What Markets Can You Access on moomoo SG?
moomoo SG provides Singapore retail investors access to six major global markets:
| Market | Exchange | Products Available | New User Promo Period |
|---|---|---|---|
| United States | NYSE, NASDAQ | Stocks, ETFs, Options, Fractional Shares | Lifetime $0 commission |
| Singapore | SGX | Stocks, ETFs, REITs, Warrants | 1 year $0 commission |
| Hong Kong | HKEX | Stocks, ETFs, Warrants, CBBCs | 30 days $0 commission |
| China | Shanghai, Shenzhen | A-Shares via Connect | Standard rates |
| Japan | TSE | Stocks, ETFs | Standard rates |
| Australia | ASX | Stocks, ETFs | Standard rates |
Source: moomoo Singapore official website, October 2026
What moomoo SG does NOT currently support: London Stock Exchange (LSE) — no access to LSE ETFs like CSPX, VWRA, VWRD. This is the single biggest gap for passive index investors. moomoo also does not accept CPF OA or SRS funds — for SRS investing, see Endowus. For bond market access, FSMOne has a broader product range.
moomoo SG vs Tiger Brokers vs IBKR: Fee Comparison 2026
| Broker | US Commission | US Platform Fee | SG Min/Trade | Min Deposit |
|---|---|---|---|---|
| moomoo SG | US$0 (lifetime) | US$0.99/order | S$0.99 (custodian) | S$0 |
| Tiger Brokers SG | US$0 (lifetime) | US$0.99/order | S$0.99 (custodian) | S$0 |
| IBKR (Lite) | US$0 | US$0 (no order fee) | ~S$2.50 | S$0 |
| Syfe Brokerage | S$1.49–S$1.99/order | Included | S$1.49/order | S$0 |
Source: Individual broker fee schedules, October 2026. Verify on each broker’s official website.
For a true-cost analysis at S$10k, S$50k and S$100k portfolio sizes, see our best brokerage Singapore 2026 breakdown. Also compare: IBKR vs moomoo SG and moomoo vs Tiger Brokers.
moomoo SG October–November 2026 Promotions: What You Can Claim
moomoo SG is currently running a welcome promotion valid until 30 November 2026.
| Tier | Deposit & Hold | NVIDIA Shares | Trading Coupons | Est. Total |
|---|---|---|---|---|
| Tier 1 | S$3,000 / 30 days | S$20 | S$40 | ~S$60+ |
| Tier 2 | S$10,000 / 90 days | S$120 | S$80 | ~S$200+ |
| Tier 3 | S$100,000 / 90 days | S$370 | S$410 | ~S$780+ |
| Tier 4 | S$500,000 / 90 days | S$470 | S$570 | ~S$1,040+ |
Source: Growbeansprout x moomoo SG promotion page, verified October 2026. Always verify current terms on moomoo’s official website before signing up.
Additional bonuses for all new users: S$30 in trading coupons after 2 buy orders; 8% yield coupon (15-day boost, up to S$30) on qualifying fund balance; free Level 2 SGX market data until 31 December 2026; 1 year S$0 commission on SGX stocks (custodian); 30 days S$0 commission on HK stocks.
To get the full sign-up bonus, visit the moomoo referral code page for the current code and step-by-step sign-up instructions.
Who Should (and Shouldn’t) Use moomoo SG in 2026?
moomoo SG is a strong fit if you: trade US stocks or ETFs regularly (US$0.99 flat fee is competitive for orders above US$100); want advanced research tools (Level 2 data, TradingView-style charting, AI assistant); trade options (US$0.95/contract, best-in-class multi-leg tools); want multi-market access in one account; are a new investor wanting a learn-while-you-earn experience; or hold SGX stocks and S-REITs. For S-REIT investing context see our passive income Singapore 2026 guide.
Consider alternatives if you: primarily invest in LSE ETFs (CSPX, VWRA, VWRD) — moomoo SG does not support London Stock Exchange access, use IBKR or Syfe Brokerage; want to invest using CPF OA or SRS funds — use Endowus; need bond market access — use FSMOne; or trade SGX stocks at high frequency via CDP where the ~S$9.98 minimum makes it less competitive. For a full brokerage comparison see our brokerage comparison guide.
Frequently Asked Questions About moomoo SG
Is moomoo SG safe for Singapore investors?
Yes. Moomoo Financial Singapore Pte. Ltd. is regulated by the Monetary Authority of Singapore (MAS) under Capital Markets Services Licence CMS101000 and Major Payment Institution Licence PS20200617. MAS regulations require client assets to be held in segregated accounts separate from moomoo’s own funds. You can verify the licence status directly on the MAS Financial Institutions Directory.
What does “zero commission” on moomoo SG actually mean?
Zero commission applies to whole-share US stock trades. A platform fee of US$0.99 per order still applies, plus SEC fee and FINRA TAF on sell orders. For a US$1,000 trade, your total effective cost is approximately US$0.99 (platform fee) plus cents in regulatory fees. The “$0 commission” claim is accurate — platform fee and regulatory fees are separate line items that moomoo is transparent about.
What is moomoo SG’s platform fee?
Platform fees vary by market: US stocks US$0.99 flat per order; Singapore stocks custodian account 0.03% (min S$0.99); Singapore stocks CDP account 0.12% (min S$4.99); HK stocks HK$15 per order; US options US$0.30 per contract (min US$0.99 per order). These platform fees apply on every trade in addition to any commission.
Can I use moomoo SG for CPF or SRS investing?
No. moomoo SG does not accept CPF Ordinary Account or SRS funds. For CPF investing in CPFIS-approved funds, use a CPFIS-approved platform such as FSMOne. For SRS investing with a broader fund selection, platforms like Endowus offer dedicated SRS accounts. See our CPF investment strategy guide for the full breakdown.
What is the moomoo SG sign-up bonus in October 2026?
The current welcome promotion (valid until 30 November 2026) offers NVIDIA fractional shares and trading coupons based on deposit tier: approximately S$60 total at Tier 1 (S$3,000 for 30 days), up to over S$1,040 at Tier 4 (S$500,000 for 90 days). Additional bonuses include free Level 2 SGX data, commission-free periods, and S$30 coupons after 2 buy orders. Always verify current promotion terms on moomoo’s official website before signing up.
Does moomoo SG offer a CDP-linked account for Singapore stocks?
Yes. moomoo SG offers both a custodian account (shares held by moomoo on your behalf, lower fees) and a CDP-linked account (shares registered directly in your own CDP account, 0.10% commission plus 0.12% platform fee, both with S$4.99 minimums per order). The default is the custodian account.
What are moomoo SG’s margin interest rates?
As at October 2026: USD and SGD margin loans carry 4.80% per annum interest. HKD and CNH margin loans carry 6.80% per annum. These rates apply to borrowed funds used for leveraged trading. Rates are subject to change — always verify current margin rates on moomoo SG’s official website before using leverage.
All data verified as at October 2026 from moomoo Singapore’s official fee schedule and MAS Financial Institutions Directory. This article is for educational purposes only and does not constitute financial advice or a recommendation to invest. Promotion terms are subject to change — verify current offers on moomoo’s official website before signing up. The Kopi Notes may receive referral compensation when readers sign up through TKN links.
This article was researched with the help of AI. While we strive to keep all information accurate and up to date, there may be errors. If you notice any discrepancies, please contact us.
