From 30 June 2022 to 23 September 2022 09:59 SG Time, new users who register an account with moomoo will receive:
- SGD 10 Stock Cash Coupon,
- SGD 30 Fund Cash Coupon,
- 1 chance to spin the wheel and get 1 free share worth between SGD 50 to SGD 150
From the spin, you may get a free INTC stock (worth about SGD 50), or a free SE stock (worth about SGD 97), or even a free Amazon stock (worth about SGD 150). All in all, the minimum value you’ll get is at least SGD 90, and the maximum is up to SGD 190+.
No Apple stock this time round, in case you’re wondering.
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
Click here to register a new account
After registration, then download the moomoo mobile app and login with your details
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 lifetime unlimited commission-free trading for the US stock market, 1-year free platform fee for US stock market, SGD 10 Stock Cash Coupon, and SGD 30 Fund Cash Coupon.
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).
Please note: The allocated free share will be credited into your account within 3 days after your deposit, but the status of the stock will be frozen for 30 days. 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 free share (drop of total asset value by 20% from stipulated amount will be allowed).
The allocated free 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.
By completing Step 4, you will receive 1 chance to spin the wheel and get 1 free share worth between SGD 50 to SGD 150! Congratulations!
STUDENTS SPECIAL (From 30 June 2022 10:00 SGT until 23 September 2022 at 09:59 SGT)
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 30 June 2022 10:00 SG Time, you only need to deposit SGD 1,000 / USD 750 / HKD 5,500 to get the same welcome bonus as non-students.
1. IMPORTANT: You should have your “Student” status verified in the moomoo app before making your first deposit in order to get the campaign rewards.
2. 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 free share (drop of total asset value by 20% from stipulated amount will be allowed). Other conditions remain the same as non-students.
3. Here’s the full T&C for students promotion.
How to use stock cash coupon?
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)
How to use fund cash coupon?
The process is exactly the same as using stock cash coupon in the above section. The only difference is, instead of buying stocks, you need to subscribe to a fund via moomoo Money Plus.
moomoo will deduct the entire sales amount from your cash first, then the fund cash coupon amount will be refunded into your account within 1-3 trading days.
A couple of things to note about this welcome bundle promotion:
- Deposit must be completed before 23 September 2022, 09.59 am Singapore time.
- The full Terms & Conditions for this July-Sept 2022 promotion can be found here
- The Terms & Conditions for referral reward can be found here
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 June but didn’t deposit anything? Can I get all these welcome bonus?
Yes, you can. If you make your deposit within 30 June 2022 10:00 SG Time to 23 September 2022 09:59 SG Time, you will be entitled to welcome bonus during this July-Sept 2022 campaign.
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