One thing about arguments on the internet: if you are wrong, you can just delete the post. Talking big costs nothing. Think about yourself—when the Federal Reserve met last month, did you think, “They are definitely cutting rates this time”? When the tariff news came out, did you tell someone, “iPhones are definitely going to get more expensive”? You probably make judgments like this every week, but other than saying them in a group chat, they do not mean much. Until I discovered something: these judgments can actually be traded. Your “opinions” may actually have a chance to make money.

Opinions can be traded too? How does that work?

Moomoo recently launched a new feature: Prediction Market. The idea is simple: for something that has not happened yet, you can bet Yes or No.

The contract price reflects the market’s current consensus on the probability of that event happening. If you are right, it settles at $1.00. If you are wrong, the most you can lose is your purchase cost—nothing more.

For example: “Will the Fed cut rates in September?”

  • If the “YES” contract price is $0.65, the market is saying: people think the probability of a rate cut is about 65%.

If you buy 100 YES contracts:

  • Cost = $65
  • If the Fed does cut rates → each contract becomes $1 → value $100
  • If the Fed does not cut rates → each contract becomes $0 → you lose it all

You might ask: can’t platforms like DraftKings also let you wager on things?

  • The difference is that those platforms are the house—the odds are set unilaterally by the platform, the spread includes a built-in take, and if you win too much, your account may be limited.
  • Moomoo’s prediction market, by contrast, uses an official exchange model. There is no house. Prices are determined by buyers and sellers. You will not be banned for winning too much, and it is directly regulated by the U.S. federal CFTC/NFA, with higher compliance standards.
  • Even more importantly, it is inside your Moomoo brokerage account, which makes it safer and more reliable—not a separate standalone platform.

New users who open and fund an account now also have a chance to get up to $1000 in NVIDIA stock and enjoy an 8.1% APY benefit on idle cash. Click the link to participate.

What does this have to do with everyday life?

Here are a few real-world scenarios that may make it click right away.

  • You are following the NBA Finals: You think Wembanyama is too young and the Spurs cannot win this time. Instead of endlessly debating in a group chat, you can find a “Spurs to win the championship” contract in Moomoo and buy No. How much you spend is up to you—$1 is fine, $50 is fine too. The point is to participate. When the series is over, the result speaks for itself—if you win, it is a real payout; if you lose, you only lose the amount you paid to buy in, and that is it.
  • You are watching the Federal Reserve: Rate cut or no rate cut—people argue about it online every day. If you have looked at a bunch of data and formed your own view, you can express it directly through a contract like “Will the Fed cut rates in 2026?” You do not need to trade options, and there are not so many complicated variables. It is simply a yes-or-no question, and it settles directly once the result is known.
  • You just want to follow a trending topic: Will Taylor Swift get married this year? Will Spain advance in the World Cup? These are already the kinds of topics you see while scrolling. Put $1 to $5 on it in Moomoo, and you may find that seeing related news afterward feels completely different—because now you have a position in it.

How do you participate? Is there a high barrier to entry?

For ordinary people, this is even simpler than investing in stocks or funds. You only need to have a view on an event, choose yes or no, and you can participate. You do not need complicated fundamental or technical analysis knowledge.

The barrier to entry is also very low. You can start with $0.01. Losses on each contract are capped. You can put in as much or as little as you want, and you define your own risk. If you change your mind halfway through, you can close your position at any time without waiting for the event’s final settlement.

Moomoo’s advantages

Very low barrier, extremely simple gameplay

  • Broad coverage and many categories: the first batch includes 100+ contracts covering hot events across sports, the economy, politics, culture, and more.
  • Simple to use: no need to understand complex financial concepts. Just decide “yes” or “no” to participate.
  • Ultra-low cost: start with $0.01, enjoy a 6-month promotional period ($0 commission + $0.01 per contract exchange fee), and fractional contract trading is supported.

Tight risk controls, manageable losses

  • Limited risk: the maximum loss is limited to your purchase cost, with no additional margin-call risk.
  • Flexible trading: supports 24/7 trading, so you do not have to wait for the event to settle and can close your position anytime.

Professional tools for easier decision-making

  • AI-powered assistance: MoomooAI collects news in real time and analyzes core fundamentals and key variables to help you make more informed decisions.
  • Community sentiment insights: community comments and interaction are supported, letting you see other investors’ real sentiment and the market’s direction in real time.

Smooth experience, many order types

  • One-stop account: no need to open a separate account or transfer funds. Buying power is shared, and you can trade directly with funds in your existing account.
  • Multiple order types: supports market orders, limit orders, fractional orders, parlay combo orders, and more to meet professional trading needs.

My take

Robinhood started heavily promoting Event Contracts in 2025. In reality, Robinhood itself is not a prediction market exchange. Many of the contracts behind the scenes actually come from Kalshi, a U.S. prediction market exchange regulated by the CFTC. Robinhood simply places these markets directly inside its app. Webull has taken almost the same route: Webull’s Prediction Market is also connected to Kalshi’s exchange and order book. Moomoo’s newly added feature is also built on Kalshi under the hood. In comparison, it has CFTC regulation, and if you are more familiar and comfortable with the Moomoo app, you can try placing a small trade inside it—just treat it like buying a lottery ticket for fun.

Personally, I do not recommend spending too much time and energy researching this, since it is not value investing. However, you can use these probabilities to gauge the likelihood of various events, which may be helpful for investing in the U.S. stock market—for example, seeing how people are predicting rate cuts.

Moomoo has updated its signup bonus. Sign up through this site's exclusive link, meet the deposit requirements, and you can get up to $1,000 in NVDA stock + $30 Hynix stock. Idle cash can earn an exceptionally high 8.1% APY, and you can also enjoy one free year of Moomoo Engine advanced features. The best value is a $10,000 deposit, though considering the 8.1% APY, depositing more can also make sense. The promotion expires on July 31, so open an account and fund it before then!

[New users] Deposit to get up to $1,000 in NVIDIA bonus shares + $30 Hynix bonus shares + 8.1% APY + 1 free year of Moomoo Engine

  • Make a first cumulative deposit of $500 and receive $30 worth of NVDA shares -> 60-day lockup
  • Make a first cumulative deposit of $2,000 and receive a cumulative $100 worth of NVDA shares -> 60-day lockup
  • Make a first cumulative deposit of $5,000 and receive a cumulative $100 worth of NVDA shares + $30 Hynix shares -> 60-day lockup
  • Make a first cumulative deposit of $10,000 and receive a cumulative $200 worth of NVDA shares + $30 Hynix shares -> 60-day lockup
  • Make a first cumulative deposit of $50,000 and receive a cumulative $400 worth of free NVDA shares + $30 Hynix shares -> 120-day lockup (deliver $200 after 60 days and the remaining $200 after 120 days)
  • Make a first cumulative deposit of $100,000 and receive a cumulative $1,000 worth of free NVDA shares + $30 Hynix shares -> 180-day lockup (deliver $200 after 60 days, $400 after 120 days, and the remaining $400 after 180 days)

You can use your deposit to trade, or just leave it there to earn interest without trading. If you do trade, I recommend depositing more so you don’t end up falling below the minimum after losses! [New users] Account-opening bonus Cash Sweep

  • New customers can join cash sweep as soon as they open an account. The coupon will be sent to the account and needs to be activated in the app.
  • Idle cash can earn 3.35% APY + a 2-month 4.75% APY booster (supports deposits and withdrawals anytime + automatic trade settlement). This 8.1% APY applies only to the first $20,000 in cash deposits.

Note: Readers from Malaysia, Singapore, Canada, Australia, and Japan can also use this link. It will redirect based on your IP to different landing pages. Open a Moomoo account for the corresponding region (note that the supported asset classes, fees, and new-user perks vary by region; once you land on the page, check the detailed T&Cs for the specifics). This article is about Moomoo U.S. benefits and product features. If you apply with an SSN or ITIN and enter a U.S. address, you can still receive the bonus normally.

For other U.S. stock brokerages and basic investing knowledge, you can also check out:

Stock Investing Basics

Below are a few commonly used U.S. stock brokerages, along with their signup bonuses.

Overview Signup Bonus Quick Take
Moomoo $1,030 in stock + 8.1% APY Professional platform, no commissions, and free Level 2 market data. Good for both beginners and advanced traders. Chinese-language customer service available. Requires SSN.
TradeUp 50 shares of NVDA + chance to win 5 more shares + 4% for three months No commissions, supports both U.S. and Hong Kong stocks, and offers WebTrading. Chinese-language customer service available. Available globally.
Webull $100 Amazon + 12 fractional shares + 1 month of Premium membership No commissions, with frequent deposit bonuses that give free stock.
BBAE Up to $650 bonus 0 commission, 0 fees; Chinese-friendly, and you can open an account without an SSN/ITIN.
Robinhood 1 free stock No commissions, with an interest-bearing cash account option. Simple interface that works well for beginners.
Interactive Brokers Up to $1,000 Broad market access. Professional, comprehensive trading platform with high interest on cash balances.
TradeStation $250 Professional trading platform with a full set of supporting tools.
Schwab Up to $1,000 Professional and easy to use. Global ATM fee rebates and $0 stock commissions.
Fidelity Brokerage Account Sign-up link Well-established brokerage with no trading fees, plus TurboTax included.
BIT (formerly Matrixport) $400 in stock Supports direct crypto deposits and withdrawals, does not participate in China CRS, and allows registration directly with an ID card.
SoFi Invest $75 for opening an account No commissions and supports Stock Bits.
WealthFront $5,000 managed free Automated investing and wealth management.
M1 Finance $10 for depositing funds No commissions, with automatic investing based on your portfolio allocation.

If you do not have an SSN/ITIN but still want to trade U.S. stocks, take a look at the brokerages/platforms below. All of them allow registration using a full set of Chinese documents, and you can sign up with just an ID card or passport. None of them participate in China CRS.

  • BBAE: Chinese-friendly; you can open an account without an SSN/ITIN.
  • BIT (formerly Matrixport): You can open an account with just an ID card, and approval can be completed within a few hours.
  • Bitget: Identity verification can be completed with an ID card/Chinese passport.

Disclaimer

This article is only an introduction to a product feature and does not constitute investment advice. Event contracts are not suitable for all investors. Please understand the relevant risks before trading.

Trading event contracts involves risk of loss. Prediction Markets are offered by Moomoo Financial Inc., an NFA-registered FCM. Restrictions apply. Certain contracts may not be available in all U.S. states. Sports contracts not available in all states. $0 commission is a limited-time promotion; other fees may apply. 8.1% APY promo for new users only, rates subject to change. Terms and conditions apply. Securities offered through Moomoo Financial Inc., Member FINRA/SIPC.