moomoo has become one of the most talked-about trading apps among Singapore retail investors. Since its launch in Singapore, Futu Holdings’ platform has attracted hundreds of thousands of users with commission-free US trades, a sleek mobile interface, and generous sign-up promotions.
But is moomoo really the best platform for Singapore investors in 2026? And how does it compare with robo advisors like Endowus and Syfe for dividend and REIT investors building long-term wealth?
This review covers everything you need to know: fees, key features, how to claim the referral bonus, and who moomoo is (and isn’t) right for.
Table of Contents
What Is moomoo Singapore?
moomoo is a commission-free trading platform developed by Futu Holdings, a Nasdaq-listed fintech backed by Tencent. It is regulated by the Monetary Authority of Singapore (MAS) under its subsidiary Futu Singapore Pte. Ltd. (CMS Licence No. 101000).
Launched in Singapore in 2021, moomoo has quickly grown to become one of the country’s most downloaded brokerage apps, offering access to US, Singapore (SGX), Hong Kong (HKEX), and China A-shares markets — all from a single mobile or desktop platform.
It is particularly popular with younger investors and those who want more direct control over their portfolios, including stock screening tools, real-time Level 2 market data, and options trading — features typically reserved for professional-grade platforms.
Key Features of moomoo Singapore (2026)
- Multi-market access: Trade US stocks and ETFs, SGX-listed equities and REITs, HKEX stocks, and China A-shares in one account.
- Commission-free US trades: Zero commission on US stocks and ETFs (subject to promotions; exchange fees still apply).
- Advanced charting and screening: 65+ technical indicators, multi-timeframe charting, and a powerful stock screener.
- Free Level 2 US market data: moomoo offers this free — it typically costs $30-50/month on other platforms.
- Paper trading: Practice with virtual money — ideal for new investors.
- Cash Plus: Park idle cash in a money market fund earning ~3.5-4% p.a. on SGD.
- Options trading: Trade US stock options with a beginner-friendly interface.
- IPO access: Apply for US and HK IPOs directly through the moomoo app.
For Singapore REIT investors, the key draw is direct access to SGX-listed S-REITs with competitive brokerage fees. You can explore top S-REITs in our Best S-REITs Singapore 2026 guide.
moomoo Fee Structure 2026
| Market | Commission | Min Fee | Platform Fee |
|---|---|---|---|
| US Stocks and ETFs | $0.0049/share | USD $0.99 | $0 (free during promo) |
| SGX Stocks and REITs | 0.03% of trade value | SGD $0.99 | SGD $0 |
| HKEX Stocks | 0.03% of trade value | HKD $3 | HKD $0 |
| China A-Shares | 0.03% of trade value | CNY 3 | CNY 0 |
| US Options | $0.65/contract | USD $0.99 | $0 |
Note: SGX trades also attract SGX clearing fees (0.0325%), SGX access fees (0.0075%), and 9% GST. Always check the moomoo app for the latest fee schedule.
moomoo Referral Bonus 2026 — How to Claim It
moomoo regularly runs referral promotions offering new users cash rewards, free shares, or commission rebates. As of early 2026, new moomoo Singapore users can typically expect up to $300+ in rewards when signing up with a referral link and completing qualifying trades or deposits.
How to Sign Up and Claim the Referral Bonus
- Download the moomoo app from the App Store or Google Play
- Register with your email and complete MyInfo/SingPass verification
- Enter a referral code at sign-up
- Fund your account with the qualifying deposit amount (check current promo terms in the app)
- Complete the required trades within the promotional period to unlock your rewards
The sign-up process typically takes 5-10 minutes via SingPass MyInfo — no physical documents needed for Singapore residents. For robo advisor sign-up bonuses from Endowus and Syfe, see our referral pages below.
moomoo Singapore — Pros and Cons
| Pros | Cons |
|---|---|
| Commission-free US trades (promo periods) | SGX fees still apply (clearing, access, GST) |
| Free Level 2 US market data | No CPF or SRS investment integration |
| Multi-market: US, SGX, HKEX, A-shares | Not ideal for hands-off passive investors |
| Excellent charting and screening tools | No auto-rebalancing or managed portfolios |
| Competitive Cash Plus yield (~3.5-4% p.a.) | Margin account risks if not managed carefully |
| MAS-regulated (CMS Licence No. 101000) | Parent company (Futu) is China-linked — geopolitical consideration |
moomoo vs Endowus vs Syfe — Which Is Right for You?
moomoo is a self-directed brokerage. Endowus and Syfe are robo advisors that build and manage diversified portfolios for you. They serve fundamentally different needs.
| Feature | moomoo | Endowus | Syfe |
|---|---|---|---|
| Type | Self-directed broker | Robo advisor | Robo advisor |
| Min. Investment | $0 | $1,000 | $1 |
| Annual Fee | Trade commissions only | 0.25-0.60% p.a. | 0.35-0.65% p.a. |
| CPF / SRS | No | Yes (CPF OA, SRS) | Yes (SRS) |
| Auto-Rebalancing | No (manual) | Yes | Yes |
| S-REIT Access | Direct SGX | Via REIT funds | Via REIT+ portfolio |
| Best For | Active stock pickers | CPF and passive wealth | Passive income |
Fees approximate. Not financial advice. Always verify on each platform before investing.
Who Is moomoo Singapore Best For?
moomoo is a strong choice if you:
- Want to build your own S-REIT dividend portfolio with direct SGX access
- Actively trade US stocks, ETFs, or options
- Want multi-market access (US, SG, HK) in a single account
- Value advanced charting and free Level 2 data
Consider a robo advisor instead if you:
- Want to invest your CPF OA savings (Endowus is the leading platform for this)
- Prefer a fully automated, hands-off approach to building wealth
- Are building toward retirement — check our retirement planning guide and retirement calculator
Many Singapore investors use both: moomoo for direct stock and REIT trading, and Endowus or Syfe for passive ETF exposure — especially for CPF or SRS funds. See our CPF investment strategy guide and Singapore REIT ETF guide for more.
Frequently Asked Questions — moomoo Singapore 2026
Is moomoo safe and regulated in Singapore?
Is moomoo free to use?
How does the moomoo referral bonus work?
Can I invest CPF savings on moomoo?
What is moomoo Cash Plus?
How does moomoo compare with Tiger Brokers?
What is the minimum deposit for moomoo?
Verdict: Is moomoo Worth It for Singapore Investors in 2026?
moomoo is one of the best self-directed trading platforms available in Singapore in 2026. Its combination of competitive fees, free Level 2 data, multi-market access, and powerful tools makes it a standout choice for investors who want direct control over their S-REIT and stock portfolios.
However, if you prefer a fully automated approach, want CPF OA integration, or are just starting out, a robo advisor like Endowus or Syfe will serve you better. Many experienced Singapore investors use both in tandem.
Bottom line: moomoo earns a strong recommendation for self-directed investors. For passive investors, pair it with a robo advisor — and use the referral bonuses below to maximise your sign-up rewards.
Claim Your Platform Bonuses in 2026
Use referral codes to maximise your sign-up rewards across platforms.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Fees and promotions are subject to change. The Kopi Notes may receive referral commissions if you sign up through links on this page.