A HIN is a unique number that is issued by the Australian Securities Exchange (ASX) when you become a client of a broker.
To lower the transaction cost and better facilitate our services for our customers, moomoo uses a custody model to hold customer assets rather than issuing each customer with an individual HIN. This means that when you trade through Moomoo, your assets are held on your behalf by Moomoo on a single, omnibus HIN, however, you, the customer, remains the full beneficial owner of your assets. All dividends, income and other benefits attached to your assets are passed on to you in whole, including the eligibility to participate in corporate actions. You can also transfer your shares in and out of your Moomoo account at any time.
Your assets are fully segregated from moomoo's own assets, and in the unlikely event where moomoo AU gets wound up or otherwise goes out of business, your asset cannot be subject to any claims by moomoo AU's creditors.
For more detailed terms and conditions around the custodial services provided by Moomoo, please refer to our Client Service Agreement.

Moomoo is a regulated brokerage platform. In Australia, securities services available on the moomoo app are offered by Futu Securities (Australia) Ltd, ABN 51 095 920 648, an Australian Financial Services Licensee (AFSL No. 224663). As a regulated online broker, moomoo provides customers with the ability to trade shares and ETFs listed on the ASX , CBOE Australia, HKEX, NYSE and NASDAQ.

The full fee schedule for moomoo can be found here.

Your moomoo account is a digital bank account with its own BSB & Account Number. If you want to deposit money into your moomoo account, complete a bank transfer from your current bank account to the details of your moomoo app under Trade tab. You don't need a specific reference on the transfer to your AUD balance as the BSB and Account number is uniquely yours.