Moomoo Promotion: Get up to 1 FREE Apple Stock, SGD 20 Cashback for New Sign-Up (1 November 2022 to 31 Dec 2022)

From 1 November 2022 12:00 SG Time to 31 December 2022 11:59 SG Time, new users who register an account with moomoo will receive:

  • SGD 20 Cash Coupon
  • 1 chance to spin the wheel and get 1 free share worth between SGD 35 to SGD 200,

From the spin, you may get a free Intel stock INTC (worth about SGD 35), or a free Coca Cola stock KO (worth about SGD 82), or even a free Apple stock (worth about SGD 200). All in all, the minimum value you’ll get is at least SGD 55, and the maximum is up to SGD 220+.

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

Here’s how to get moomoo Welcome Bonus

Step 1:

Click here to register a new account

Futu Moomoo November December 2022 Promotion

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 lifetime unlimited commission-free trading for the US stock market, and free market data for US/SG/China stock market.

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).

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

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 35 to SGD 200! Congratulations!

Step 5:

Invest SGD 100 into Cash Plus, and you will get SGD 2 daily for 10 days. The SGD 2 x 10 cash coupon will be credited directly  into your Universal Account wallet. You can withdraw this money from your moomoo account to your bank account anytime, there’s no lock-in period.

Do note that you need to maintain hold positions of S$100 / US$ 75 or above for 10 days. To be safe, I recommend that you invest slightly more than S$100.

To invest in Cash Plus, on your moomoo app, go to Discover > Fund. Then, follow the steps below.

moomoo cash plus - how to invest
moomoo cash plus - how to subscribe

Step 6:

Activate the “Guaranteed 5% p.a.” promotion by going to Me > Promotions. Then, invest more than $100 into Cash Plus to get 5% return for up to 4 months.

Moomoo Nov Dec 2022 Additional 5% Return

STUDENTS SPECIAL (From 1 November 2022 12:00 SGT until 31 December 2022 11:59 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 1 November 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.

Please note:
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? (For information)

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? (For information)

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 31 December 2022, 11:59am Singapore time.
  • The full Terms & Conditions for this Nov-Dec 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 1 Nov but didn’t deposit anything? Can I get all these welcome bonus?

Yes, you can. If you make your deposit within 1 November 2022 12:00noon SG Time to 31 December 2022 11:59am SG Time, you will be entitled to welcome bonus during this Nov-Dec 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)

If you find this post helpful, feel free to buy me a coffee :)

This Post Has One Comment

  1. Helen

    Nice promotion

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