Moomoo Customer Reviews
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Moomoo Expert Review
Moomoo Review: A nod to bullish trading and investing
Is Moomoo any good?
Moomoo is available in Canada, Australian Singapore and the US and has a robust platform that caters to both retail and more sophisticated traders. Compared to platforms like Robinhood and Webull it’s got better data, DMA and global market access. However, for active traders it’s not as institutional grade as Interactive Brokers or more established platforms like TD Ameritrade’s thinkorswim.
There are a few key features to Moomoo like real-time market data and advanced charting where you can trade DMA, with good technical indicators for advanced traders. There is also a good demo trading account so you can practice before you deposit real funds. You can also make a automatic buy sell order on Moomoo with OCO stop and limit orders for effective risk management of positions.
We consider Moomoo a safe trading platform as they are regulated by the SEC in the US, the MAS in Singapore and ASIC in Australia.
Pros
- Free U.S. stock trading with no commissions.
- High-quality market data and analytical tools.
- Access to global markets (e.g., Hong Kong and Chinese shares).
- Engaged social trading community.
Cons
- May feel complex for beginners who are not familiar with advanced trading tools.
- Limited in terms of certain account types (e.g., retirement accounts may not be available everywhere).
- Some features (e.g., market data) require a subscription fee after a trial period
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Pricing
(4.5)
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Market Access
(4.5)
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App & Platform
(4.5)
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Customer Service
(4.5)
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Research & Analysis
(4.5)
Overall
4.5Moomoo News & FAQs
- Can you make an automatic buy sell order on Moomoo? - Yes, you can make automatic buy sell orders on Moomoo when you use an OCO (one-cancels-other) trade. This is great for closing positions as it means that you don’t have erroneous stops and limits in the market that can be triggered, leaving you with unwanted positions. But you cannot do a buy and sell pairs […]
