Sign up for Moomoo through this site’s exclusive link and meet the deposit requirements to qualify for up to three rewards: up to $1,000 in Anthropic stock, $100 in trading coupons, and up to 8.1% APY on idle cash. You can also enjoy one year of Moomoo Engine’s premium features for free. Here’s a closer look at each offer. I think the best value is depositing $2,000 to get $200. If you have enough funds, you can deposit $10,000 to get $300. Idle cash can also earn 8.1% APY. The promotion expires on November 30!

First reward: New-user deposit bonus, worth up to $1,000 in Anthropic stock

  • Make an initial cumulative deposit of $500 to receive $30 worth of Anthropic stock -> 60-day holding period
  • Make an initial cumulative deposit of $2,000 to receive a cumulative total of $100 worth of Anthropic stock -> 60-day holding period
  • Make an initial cumulative deposit of $10,000 to receive a cumulative total of $200 worth of Anthropic stock> 60-day holding period
  • Make an initial cumulative deposit of $50,000 to receive a cumulative total of $400 worth of Anthropic stock -> 120-day holding period ($200 released after 60 days and the remaining $200 after 120 days)
  • Make an initial cumulative deposit of $100,000 to receive a cumulative total of $1,000 worth of Anthropic stock -> 180-day holding period ($200 released after 60 days, $400 after 120 days, and the remaining $400 after 180 days)

You can trade with your deposit or simply leave it in your account to earn interest. If you plan to trade, I recommend depositing a bit more so losses don’t bring your balance below the required threshold!

Second reward: Trading coupons. New users who deposit $100 receive 10 $10 trading coupons

  • You can use one coupon for each trade of $100 or more, which is basically an incentive to trade more. If you just want to cash out, you can buy SGOV.
  • You can also get another $10*10 in trading coupons if you refer a friend who signs up for Moomoo.

Third reward: High yield for new users, with up to 8.1% APY through the account-opening Cash Sweep bonus

  • New customers can participate in Cash Sweep as soon as they open an account. The coupon will be sent to the account and must be activated in the app.
  • Idle cash can earn 3.35% APY plus a 2-month 4.75% APY booster (with deposits and withdrawals available at any time and automatic trade settlement). This 8.1% APY applies only to the first $20,000 in cash deposits.

Note: This article covers Moomoo U.S. benefits and product features. Applicants using an SSN or ITIN can receive the rewards as usual by entering a U.S. address.

[Transfer Bonus] Moomoo also offers a transfer bonus that matches 3% of the assets you transfer. You must transfer assets from an eligible brokerage to Moomoo to qualify. The first transfer is matched with a cash bonus worth 3% of the amount transferred, up to $600 (full terms). Note that transfers and deposits qualify for different bonuses: assets transferred in cannot activate the Anthropic stock offer mentioned above, and deposited funds cannot qualify for the transfer bonus. However, new users can receive both bonuses by transferring funds to Moomoo through both channels. If you have questions, you can join our WeChat help group (it has over 200 members, so add the assistant to be invited).

About Futu Moomoo

First, a reminder: Investing in the stock market involves risk. Invest carefully! U.S. stocks have been volatile lately, so now is a good time to introduce some other investing apps. Moomoo is a licensed U.S. securities brokerage and a member of SPIC and FINRA. In addition to commission-free stock trading, Moomoo supports Hong Kong stocks, ETFs, and options. It recently added support for major cryptocurrencies and also offers IPO access for popular new listings. Its features include free Level 2 market data and a professional AI tool. My experience using it has been very good. Compared with other competitors, it offers more features and a user-friendly interface, making it suitable for everyone from beginners to more experienced users. The Chinese-language interface feels familiar, and Chinese-language customer support is available 24 hours a day. Note that applicants must be U.S. persons (Resident Aliens are also eligible) and must have an SSN or ITIN. There are no trading fees. You must file taxes in accordance with U.S. tax requirements.

Account Information

Account Opening Bonus

See the bonus details at the beginning of this article.

Account Requirements

  • First, you should have a basic understanding of stock investing, since it involves risk!
  • A U.S. SSN or ITIN, which is needed for tax reporting on your earnings.
  • All new accounts are Margin Accounts.
  • You may be asked to provide documents such as a U.S. driver's license, ID, proof of address, or proof of identity.

How to Open an Account

  • Step 1: Click the account opening link in the article, select Get Free Stock, and complete the registration on the page. You only need to enter your email address and password here.
  • Step 2: Download the Moomoo app. Search for Moomoo trade on Google Play or the App Store. The app icon looks like the first image in this article.
  • Step 3: Open the app and log in. Be sure to use the email address and password you registered with through the referral link.
  • Step 4: Tap “Open Account” in the bottom menu, then enter the required information, including your name and SSN (in English).
  • Step 5: Wait for the application to be reviewed. It is usually processed in less than one business day, and you will be notified of the result by email.
  • Step 6: After your account is approved, remember to meet the deposit requirements for the account opening bonus and maintain the required balance for the specified period.

Funding Your Account

As with other brokerages, once you link your U.S. bank account to your Moomoo account, you can initiate an ACH debit directly in the app. The funds will arrive in your Moomoo account within 2–7 business days. Other methods and limits are listed below.

Fees, Taxes, and Supported Investments

Supported investments

  • U.S. and Hong Kong stocks: Stocks, ETFs, options, OTC securities, and ADRs; IPO access is also supported. As with other newer online brokerages, mutual funds are not available for trading.
  • Cryptocurrency (new): You can now trade major cryptocurrencies directly, including Bitcoin (BTC), Ethereum (ETF), SOL, Ripple (XRP), and Dogecoin (DOGE), putting Moomoo among the leading online brokerages in this area.

As with other U.S. stock brokerages, stock and ETF trades cost $0. Options trades are also commission-free, with no options contract fees. (Other fees may apply.) The margin rate is currently 6.8% (as of September 2025). For taxes, Moomoo follows U.S. tax rules. You must use the tax forms it generates to report and pay taxes on capital gains (long-term and short-term) and dividends when filing your return. Consult a tax professional for specific advice. Pre-market and after-hours trading are supported, but 24-hour trading is not currently available. A comparison of fees on similar platforms is shown below.

Moomoo's Key Features

All-in-One Account

Invest in Hong Kong and U.S. stocks, ETFs, and options from one account, with full cryptocurrency support and access to U.S. IPOs. Moomoo supports a range of investments, including Hong Kong and U.S. stocks, ETFs, and options. It also offers IPO access and trading in major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETF), SOL, Ripple (XRP), and Dogecoin (DOGE). Moomoo U.S. also fully supports cryptocurrency trading, with 32 cryptocurrencies available, including Bitcoin, Ethereum, and SOL. Crypto trades have no commission, and platform fees start at 0.49%. You can trade Hong Kong stocks and Stock Connect A-shares without opening additional accounts, and trade Hong Kong stock derivatives, including options, along with other investment products. The app offers rankings for Hong Kong stocks and Stock Connect A-shares, including popular stocks by investor discussion, unusual short-selling activity, capital flows, price gains, and trading activity. You can also filter by region to view popular stock news for that region.

Options trading includes comprehensive real-time market data (many other platforms have a 15-minute delay) and features such as an options pricing calculator, unusual options activity, an options screener, and position and capital distribution data. AI is fully integrated into Moomoo. Its AI combines real-time market data with professional trading tools to summarize major macroeconomic and company-specific events, trading data, and unusual price movements into structured information. This makes it easy for traders to scan, and clickable source references let them cross-check information, greatly improving research efficiency. Traders at every experience level can quickly keep up with market developments and important updates, and can interact with the AI in real time through multi-turn conversations. Moomoo has also added a new type of trading product: Prediction Markets. Unlike common betting platforms, Moomoo Prediction Markets use an exchange model with no house; prices are determined freely by buyers and sellers. They are directly regulated by the U.S. federal CFTC/NFA. The entry threshold is low: you can participate with just $0.01, and there are no commissions.

Moomoo Engine

Moomoo officially launched Moomoo Engine in July—a membership offering professional tools tailored to different trading styles, with a market price of $3.99 per month. New users who register through the exclusive link in this article and complete account registration and opening after July 2 can use it free for a full year, with no additional steps required.

Moomoo Engine bundles professional trading tools to match your investing style. Previously, you had to piece together these tools across multiple platforms; now, one account does it all. In addition, you need Moomoo Engine to activate the high-yield cash sweep account. It costs $3.99 per month, or just $0.99 per month if your account has more than $1,000.

  • - Fundamentals Engine: AI fundamentals briefs, earnings hub, analyst forecasts, institutional research reports, valuation models, revenue analysis, and smart money tools—ideal for users who research stocks and invest for the long term
  • - Options Engine: Level 2 options quotes, options strategy guide, profit and loss calculator, Gamma exposure, unusual options activity scanner, options screener, and automated trading strategies—ideal for users who trade options strategies and manage risk
  • - Technical Engine: real-time Level 3 market depth, order flow distribution, indicator backtesting, custom alerts, rapid ladder trading, professional chart trading, and advanced orders—ideal for users who rely on technical analysis and day or swing trading

Existing users (those who registered through this site before July 2, 2026) with more than $100 in account assets (including cash and investments) can currently get Moomoo Engine and the 3.35% APY high-yield cash account automatically at no cost. No need to worry!

Cash Sweep

In addition to its traditional stock trading account, Moomoo offers a cash sweep account for your cash balance, allowing your idle funds to earn a high yield. As of May 2026, this account earns 3.35% APY (which can be matched to 8.1% for the first two months). So if you have cash to spare, you can earn a high rate of interest while keeping it available to invest at any time. Deposits and withdrawals are available at any time, with no conversion required and automatic trade settlement.

Charts, Technical Indicators, and TradingView Partnership

There is a wide selection of charts and technical indicators, including popular ones such as MACD, KDJ, EMA, and BOLL. Company data is also extensive, including news, ratings, and financials. Moomoo has also partnered with TradingView to provide professional charting tools for technical traders: draw lines and add annotations directly in the TradingView interface, then place an order on Moomoo with one click—no need to switch apps.

Moomoo AI

Moomoo has just launched a new feature that connects its real-time market data and trading functions directly to AI tools such as Claude and ChatGPT. Talk to the AI in Chinese, and it can look up market quotes, analyze data, and even let you practice buying and selling in a paper trading account. You don't need to understand investing or know how to code; you can use it just like sending a message. Of course, the decision to trade is still yours.

IPO Subscriptions

Moomoo has upgraded its U.S. IPO subscription capabilities, with no commissions, no subscription fees, and no lockup period. Popular stocks this year, such as Bullish, Gemini, and Figure, had 100% allotment rates on Moomoo. If you're interested, you can open and fund your account in advance so you're ready to subscribe when a promising new stock becomes available. The IPO subscription window is usually only 2–3 days. Users in the U.S., Singapore, and some parts of Hong Kong can participate.

Many people make a little money from IPO subscriptions, which can be worthwhile. Getting an allotment for a good IPO can be a sure way to make money.

Other Features

  • Supported order types: Basic orders (auction orders, market orders, limit orders, and fractional share orders); advanced orders (stop-limit orders, market-if-touched orders [take profit], limit-if-touched orders [take profit], trailing stop market orders, and trailing stop-limit orders)
  • Real-time news, 24/7: The latest market and company news from more than 50 professional sources, including Bloomberg. News is delivered around the clock so you can stay on top of investment updates and breaking news. Follow stocks to get relevant global news promptly, stay on top of opportunities, and catch the right time to enter.
  • Earnings Calendar: During earnings season, use Moomoo's Earnings Calendar to see the reporting dates of major U.S. companies. Find the dates for companies you care about with one click, subscribe for automatic alerts, and stay up to date on earnings releases.
  • Earnings Hub: Provides earnings previews and curates popular previews to help you quickly understand key financial figures and expectations for leading companies. Go to the Earnings Calendar with one click and easily set a reminder for an earnings release.

Switching to a Nonresident Account

Moomoo supports switching an account to a Non-Resident version. If you move back to your home country long term, you can switch to the domestic version. The downside is that trades incur fees, the same as with Futu: $0.0049 per share for U.S. stocks and 0.03% for Hong Kong stocks. See for details. You will need to submit a W-8 form, photos of yourself holding your ID, a photo of yourself holding your SSN card, and other information. If you need to do this, email [email protected]. Customer service will tell you which documents to provide based on your situation. In addition to trading fees, dividends in nonresident accounts are subject to 10% withholding tax. Keep this in mind.

My Take

Robinhood is simple. Moomoo, by contrast, is more comprehensive and powerful, with a well-designed interface. Its cryptocurrency and options features, as well as its recently launched AI feature, are all useful. U.S. IPO subscriptions also have no lockup period, so you can sell as soon as you make a profit. If you want to invest seriously in stocks, Moomoo may be a better fit. Webull is also good and often runs deposit promotions. These apps are free, with no monthly or trading fees, and are suitable for beginners learning from scratch. They also give away stocks so you can try your luck.

Stock Market Basics

Here are some popular U.S. stock brokerages and their account-opening bonuses:

Overview Sign-Up Bonus Quick Take
Moomoo $200 in stock vouchers + $1,000 in Anthropic stock + 8.1% APY Feature-rich with a strong Chinese-language experience. Its market data, Level 2 quotes, options, and cash management features are useful for everyone from beginners to active traders.
TradeUp 50 shares of NVDA + a chance to win 5 shares + 4% for three months Well suited to active trading, with competitive trading fees and margin rates for U.S. tax residents. It supports Web Trading and Level 2 quotes and offers Chinese-language customer service.
Webull 12 fractional shares + one month of Premium membership Strong charting and active-trading features, including technical indicators, options, and premarket and after-hours trading. A good fit for frequent traders.
BBAE Up to $650 in rewards Convenient for Chinese users to open an account; applications are accepted without an SSN or ITIN. It offers good Chinese-language support, but currently charges a platform fee, making it less suitable for frequent trading with small amounts.
Robinhood A chance to win 1 share of stock Its simple interface is easy to use, making it suitable for first-time U.S. stock investors. Gold members also get a higher yield on uninvested cash and lower margin rates.
Interactive Brokers Up to $1,000 A highly capable broker with access to global markets and multiple currencies. Its margin costs are competitive, and Chinese residents can also open accounts. A good fit for experienced investors and those investing globally.
TradeStation $250 Geared toward professional and active traders, with powerful advanced charting, strategy backtesting, and automated trading tools. Most long-term investors may not need these features.
Schwab Up to $1,000 Well suited to long-term investing and larger portfolios, with convenient access to ETFs and CDs. Checking accounts and global ATM access are also advantages, but the default yield on uninvested cash is relatively low.
Fidelity Account opening link A long-established full-service brokerage suited to long-term investing, ETFs, and retirement accounts. It also offers good cash management, making it a solid choice as a primary long-term brokerage.
BIT (formerly Matrixport) Earn $210 by depositing and trading Suitable for Chinese users and digital asset investors. You can use funds such as USDT and USDC to invest in U.S. stocks. It is not a traditional U.S. brokerage, so review its fees and asset custody structure separately.
SoFi Invest $75 for opening an account Easy to use and supports Stock Bits, making it suitable for small investments and long-term investing. It has fewer advanced market data and trading tools, so it is not ideal for frequent trading.
M1 Finance Get $10 when you deposit Focused on Pies and automated investing. It is well suited to setting a stock and ETF allocation and investing regularly over the long term, but not to active trading.

If you don’t have an SSN or ITIN but still want to invest in U.S. stocks, consider the brokerages and platforms below. They accept a full set of Chinese documents, and you can register with a national ID card or passport. None participates in China’s CRS.

  • BBAE: Welcoming to Chinese users; no SSN or ITIN required to open an account
  • BIT (formerly Matrixport): Open an account with a national ID card; approval can take just a few hours.
  • Bitget: Complete identity verification with a national ID card or Chinese passport

If you’re in China and want to invest in U.S. stocks, see this overview:

Application Link

Disclaimer

Disclaimer:$0 commission trading is available only to U.S. Residents trading in the U.S. markets through Moomoo Financial Inc.Other fees may apply. For more info, visit .Options trading is risky and not appropriate for everyone. Read the Options Disclosure Document () before trading. Options are complex and you may quickly lose the entire investment Promo 8.1% APY for new users only until 12/31/2025. Actual APY may differ, Rates may change. New user promo subject to terms & conditions, Click the ad for Bank Deposit List, Cash Sweep and Promo details. Terms and Conditions apply. Securities are offered through Moomoo FinancialInc..MemberFINRA/SIPCCrypto services are offered by Moomoo Crypto Inc. ("MCI") (NMLS ID 2287314), a money services business registered with FinCEN (MSB Registration Number: 31000288349013) . MCI is not a broker-dealer. Cryptocurrency services are not available in all states, see our full licensing disclosures . Cryptocurrencies are not legal tender, not backed by any government, and not FDIC insured or SIPC protected. Cryptocurrency trading involves significant risk and potential loss of principal. It is subject to volatile price swings, market manipulation, and can become illiquid at any time. For more information, see .IPOs can be risky and speculative investments and may not be appropriate for every investor. September