Michael Arbus, CEO of Moomoo in Canada, tells Good Money Guide about how Moomoo, empowers Canadian investors and traders. Michael highlights the importance of financial literacy, the role of AI in trading, and the significance of community in sharing trading strategies. He also touches on the landscape of crypto trading in Canada, the low FX fees offered by Moomoo, and concludes with insights on options trading strategies for income generation.
Key Takeaways
- Moomoo has been operational in Canada for over a year.
- The platform empowers investors to make informed decisions.
- AI tools are being introduced to enhance user experience.
- Community sharing of strategies is a key feature of Moomoo.
- Crypto trading in Canada is regulated and growing.
- Options trading can be a low-risk income strategy.
- Moomoo’s FX fees are competitive at 0.09%.
- The platform offers superior tools for analyzing crypto.
- Moomoo aims to provide a unique trading experience.
- The name ‘Moomoo’ was chosen for its memorability and connection to trading.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
You can contact Richard at richard@goodmoneyguide.com
