Moomoo Promotion: FREE 1 Apple Stock and S$40 Cash Coupon for New Sign-up (31 December 2021 to 31 January 2022)

From 31 December 2021 to 31 January 2022, new users who register an account with moomoo will receive free 1 Apple share (ticker: AAPL) and SGD 40 stock cashback coupon when they complete the necessary actions.

Btw, if you’re holding a student card/pass, there’s a special promotion for you. Scroll down and look for Step 4!

Here’s how to get moomoo Welcome Bonus

Step 1: Click here to register a new account

Moomoo welcome bonus January 2022

Step 2: After registration, then download the moomoo mobile app and login with your details

Step 3: Set up your moomoo/Futu SG securities account and wait for it to be approved (it takes 1 to 2 business days to get approved)

By completing Step 1 to 3, you will be entitled to 180 days unlimited commission-free trading for the US, HK & SG stock markets.

Step 4: Deposit SGD 2,700 or USD 2,000 or HKD 16,000 into your securities account. (Tips: Use Instant Deposit via DDA because it’s much faster; it requires only 15 minutes! Meanwhile, bank transfer requires 1-3 business days).

If you’re an existing student holding a student card/pass from a local Singapore educational institutions and had never opened an account and/or deposit before 10 January 2022, 09:59 SGT, you only need to deposit SGD 1,000 / USD 750 / HKD 5,500 to get the same welcome bonus as non-students.

how to deposit money into moomoo futu
Step by step on how to make deposit via moomoo app

By completing Step 4, you will receive 1 Apple share and SGD 40 stock cashback coupon within 3 business days! Congratulations!

Please note: You need to maintain daily average assets of above SGD 2,700 / USD 2,000 / HKD 16,000 for 30 days from the day you receive the free share, in order to be able to activate & trade the Apple share (drop of total asset value by 20% from stipulated amount will be allowed). The allocated Apple Share will only be activated upon meeting the above conditions after 30 days and will be unfrozen within 5 business days after the 30-day holding period.  Otherwise, if you’re not able to maintain the required average asset value, the free share will be removed from your account.

For students, you need to maintain daily average assets of above SGD 1,000 / USD 750 / HKD 5,500 for 30 days from the day you receive the free share, in order to be able to activate & trade the Apple share (drop of total asset value by 20% from stipulated amount will be allowed). Other conditions remain the same as non-students. Here’s the full T&C for students promotion.

How to use stock cash coupon?

The SGD 40 stock cash coupon will be credited into your account according to the following timeline.

Go to Me > Coupon in your moomoo app, then look for the stock cash coupon and make sure the status is “In Effect” before you perform transaction.

  • All Stock Cash Coupons will have an expiry of 60 days from day of activation.
  • Use moomoo app instead of desktop to make your purchase.
  • When you make a purchase (in SG/HK/US market), moomoo will deduct the entire sales amount from your cash first, then the Coupon amount will be refunded into your account within 1-3 trading days.
  • Purchase of Options/Futures/China A shares are not entitled to this cashback
  • The Stock Cash Coupon amounts are all pre-tax amounts and are only available for use on buy trades, limited to 1 use per trade.
  • All Stock Cash Coupons have a minimum trade amount of its stipulated value or equivalent in other currencies.
  • Your purchase amount must be greater than the coupon amount. Should the trade amount be made below the value of the Stock Cash Coupon, the difference between the trade amount and stock cash coupon value will not be refunded.
  • Should there not be any specific selection made on the specific Stock Cash Coupons available in the account, Stock Cash Coupon will be used in an ascending order of the days left before expiry.
  • Taxes and fees in accordance with the requirements of relevant laws and regulations may apply.
  • Redeemable only for users who have a valid FUTU SG Securities Account in their own name.

If this is your first time buying a stock, here are some things you should know:

  • In SG market, the minimum number of share to purchase is 100 for individual stock (eg: DBS) and 10 for ETF (eg: STI ETF).
  • In US market, the minimum number of share to purchase is 1.
  • You can only make purchase during trading hours.
    • SG trading hours: 9am-12noon, 1pm-5pm SGT (Singapore Time)
    • HK trading hours: 9.30am-12noon, 1pm-4pm HKT (HK Time)
    • US trading hours: 9.30am-4pm ET (Eastern Time)

A couple of things to note about this welcome bundle promotion:

  • Deposit must be completed before 31 January 2022, 09.59 am Singapore time.
  • The full Terms & Conditions for this January 2022 promotion can be found here
  • The Terms & Conditions for referral reward can be found here

If you ask me whether free Apple share + SGD 40 is worth signing up now, or whether it’s better to wait for better bonus, well, there’s no guarantee that next month’s bonus will be better. Personally I feel that it is quite a generous amount. When I signed up in early 2021, I only received an Apple share worth USD 125 (about SGD 170) at that time.

Moomoo has been my favorite trading platform lately. I use it to buy SG stocks and US stocks, as well as selling options. Hope you like moomoo as much as I do.

What if I have registered for account before 30 Nov but didn’t deposit anything? Can I get all these welcome bonus?

Yes, you can. If you make your deposit within 31 Dec 2021 to 31 Jan 2021 09.59 SGT, you will be entitled to welcome bonus during this January 2022 campaign.

Related post:

How to Earn Money Selling Cash Secured Puts: A Beginner’s Guide

How to Buy and Sell Options on Moomoo (Futu)

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This Post Has One Comment

  1. Helen

    Nice promotion

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