Interactive brokers is still the cheapest broker compared to any broker that has the ability to trade the international markets, as well as having a wider range of products and is regulated in many more countries than moomoo
Moomoo has among of the lowest fees among Malaysian trading platforms, which might be enticing for investors trying to save expenditures. You might also benefit from zero commission trading for the first several months.
Hmm if you buy US stocks? Would you be the owner of the stocks or would the stocks be held under moo moo trustee account? This is important to me, since I want to participate to vote for the company annual shareholder meeting proxies/poposals.
yes, comission is cheap but i find the UI too much stuffs and confusing. 1 example is i cant set a date for GTD trades. decided to not use it in the end.
They need to focus long and hard on their UX , it’s looking like Shopee and that much clutter in a trading app is plain annoying. They had great customer acquisition because of a lot of promotions, I and my friends redeemed a lot of free shares , but we sold those immediately after and withdrew the money - why ? Because the UX is not comfortable, the customer retention is much more important than acquisition in my opinion!
The interface of moomoo is logical and you can try to understand him, I now find that he works better than most and satisfies both professional traders and novice traders!
They can do fpx transfer now. Also they hv money market fund too now.
Thanks for sharing, I'd like to see more videos from you and learn more about Malaysia :)
0 commission for 6 months is just amazing. Also their commission fee is considered low compared to the other apps.
R they still having the new user promo like last time need to deposit certain amount to get the US stock?
@@rebeccasmile4681 Yep the requirement is to deposit 10k then u will be getting fractional shares from the US stocks they're offering worth rm450.
@@estherlyt3878 fractional in the form of units or percentage that we r getting yeah?
Great info! Good to know about fractional shares and I wanna try trading the US shares.
Interactive brokers is still the cheapest broker compared to any broker that has the ability to trade the international markets, as well as having a wider range of products and is regulated in many more countries than moomoo
Moomoo has among of the lowest fees among Malaysian trading platforms, which might be enticing for investors trying to save expenditures. You might also benefit from zero commission trading for the first several months.
Could you please recommend a good book on share investing for beginners in Malaysia thanks
Existing brokers should start reducing prices otherwise many will just switch
So true!
When I earn money, is that counted as an income or capital gain?
no App Store link?
Where do we find the features such as industry chain and institutional tracker on the desktop/phone app?
They are on the “Market” page
can moomoo trade FKLI & CPO?Thanks
Such a cool video...
Hmm if you buy US stocks? Would you be the owner of the stocks or would the stocks be held under moo moo trustee account?
This is important to me, since I want to participate to vote for the company annual shareholder meeting proxies/poposals.
yes, comission is cheap but i find the UI too much stuffs and confusing. 1 example is i cant set a date for GTD trades. decided to not use it in the end.
can set it when you place the order, at the Time-In Force column
Indeed, I am a new customer and hence do not have any commission. The applications are also very user-friendly and straightforward.
Do I need to deal with all the tax?
good option for new investor
Problem is they don't have after hours trading. 😢
You can do that with Limit order during pre/post market
I think they recently announce about 24hrs trading soon to be launch..
Moomoo has 5*24h trading and you can choose to trade after hours.
They need to focus long and hard on their UX , it’s looking like Shopee and that much clutter in a trading app is plain annoying.
They had great customer acquisition because of a lot of promotions, I and my friends redeemed a lot of free shares , but we sold those immediately after and withdrew the money - why ? Because the UX is not comfortable, the customer retention is much more important than acquisition in my opinion!
Agree
The interface of moomoo is logical and you can try to understand him, I now find that he works better than most and satisfies both professional traders and novice traders!
moomoo is beef free? 😂
Was Ai Lyn interested in this topic to begin with? 😂😂😂😂
Rakuten better.....MOOO moovee
Rakuten and IB 👍
@@eva31s iFast too ...
Whether it's good or not is a matter of opinion, but moomoo is the cheapest so it's worth trying!
@@user-yy6zw3fp8x I started to use it last week and it is good except that no 30 days continous order.
@@user-yy6zw3fp8x I change only now and i regret giving iFast too much of chance ...