The Transfer In Promotion (the "Promotion") is offered by Futu Securities (Australia) Ltd, trading as Moomoo AU ("Moomoo AU"), an Australian Financial Services Licensee (AFSL 224663). The Promotion is valid from 8 May 2024 at 20:00 AET to 30 June 2024 at 20:00 AET (the "Promotion Period").
By participating in this Promotion, you (the "Participant") agree to be bound by these Terms and Conditions herein contained, in addition to Moomoo AU's Client Services Agreement, Privacy Policy, Website Terms of Use, and other terms and conditions applicable to moomoo trading account holders. If you do not wish to agree to such terms and conditions, you must not access or participate in this Promotion.
8 May 2024 at 20:00 AET to 30 June 2024 at 20:00 AET.
The promotion is open to all users of Moomoo AU. To be eligible for the Promotion, the Participant must:
1. Be an Australian resident over the age of 18; and
2. Have an existing trading account with moomoo; and
3. Satisfy the following conditions:
a. Users who have no previous transfer-in records prior to 20:00 pm on May 8, 2024 ("First-time Position Transferee" ): Complete transfer(s) of Australian or US-listed securities worth at least a total of AUD$10,000 or equivalence* from another broker-dealer to Moomoo AU within the Promotion Period ("First-time Position Transferee Valid AU Transfer" for transfer of AU-listed securities, and "First-time Position Transferee Valid US Transfer" for transfer of US-listed securities; First-time Position Transferee Valid AU Transfer and First-time Position Transferee Valid US Transfer are hereinafter referred to individually as "First-time Position Transferee Valid Transfer" and collectively as "First-time Position Transferee Valid Transfers");
d. Users who do have previous transfer-in records prior to 20:00 pm on May 8, 2024 ("Non-First-time Position Transferee"): Complete transfer(s) of Australian or US-listed securities worth at least a total of AUD$100,000 or equivalence* from another broker-dealer to Moomoo AU within the Promotion Period ("Non-First-time Position Transferee Valid AU Transfer" for transfer of AU-listed securities, and "Non-First-time Position Transferee Valid US Transfer" for transfer of US-listed securities; Non-First-time Position Transferee Valid AU Transfer and Non-First-time Position Transferee Valid US Transfer are hereinafter referred to individually as "Non-First-time Position Transferee Valid Transfer" and collectively as "Non-First-time Position Transferee Valid Transfers". First-time Position Transferee Valid Transfer and Non-First-time Position Transferee Valid Transfer collectively as "Valid Transfer");
4. Sign up for this Promotion and confirm your participation.
*Definition of "Worth at least a total of AUD$10,000/AUD$100,000 or equivalence"
Please note that the transferred shares will be valued at their end-of-day closing single price auction ("CSPA") price on the day of completion of the transfer.
For securities denominated in U.S. dollars, the equivalent value in Australian dollars will be calculated at a rate of 1 USD = 1.377 AUD.
Users will have to sign up and participate in this campaign during the campaign period and successfully transfer stocks into your Moomoo AU securities account. When the accumulated transfer amount of stock reaches the specified range, listed in the table below, you will be able to claim the respective rewards.
• First-time Position Transferee: The amount of Stock Cash Coupons you may receive depends on the total value of First-time Position Transferee Valid Transfe assets you transfer to Moomoo AU during the promotional period. The asset value will be determined at the time of successful position transfer settlement, not at the time of initiating the transfer. The stock cash coupons will be deposited into your account within 10 business days after each First-time Position Transferee Valid Transfer is completed, but will remain locked until the unlocking conditions are met.
| total value of First-time Position Transferee Valid Transfer（AUD) | Award（AUD） | iPhone 15 pro(128g） | Total Reward possible(AUD) |
| ＞＝$10,000 | $100*1 | / | $100 |
| ＞＝$50,000 | $100*2 | / | $200 |
| ＞＝$100,000 | $100*3 | / | $300 |
| ＞＝$450,000 | $100*4 | Apple gift cards valued $1,849 | $2,249 |
• Non-First-time Position Transferee: The amount of Stock Cash Coupons you may receive depends on the total value of Non-First-time Position Transferee Valid Transfer assets you transfer to Moomoo AU during the promotional period. The asset value will be determined at the time of successful position transfer settlement, not at the time of initiating the transfer. The stock cash coupons will be deposited into your account within 15 business days after each Non-First-time Position Transferee Valid Transfer is completed, but will remain locked until the unlocking conditions are met.
| total value of Non-First-time Position Transferee Valid Transfer（AUD) | Award（AUD） | iPhone 15 pro(128g） | Total Reward possible(AUD) |
| ＞＝$50,000 | $100*2 | / | $200 |
| ＞＝$150,000 | $100*3 | / | $300 |
| ＞＝$1,000,000 | $100*4 | Apple gift cards valued $1,849 | $2,249 |
• Subject to the applicable terms and conditions, only a maximum of 4 coupons can be rewarded to each eligible participant.
• Subject to the applicable terms and conditions, only a maximum of one iPhone 15 pro(128g) can be rewarded to each eligible participant.
• First-time Position Transferee: If the effective coupon total reaches AUD 450,000 or more and the assets are retained for at least three natural months, after meeting all conditions, a gift card with a face value of AUD 1,849 for purchasing an iPhone 15 pro (128GB) on the official Apple website (https://www.apple.com/au) will be received within 15 working days.
• Non-First-time Position Transferee : If the effective coupon total reaches AUD 1,000,000 or more and the assets are retained for at least three natural months, after meeting all conditions, a gift card with a face value of AUD 1,849 for purchasing an iPhone 15 pro (128GB) on the official Apple website (https://www.apple.com/au) will be received within 15 working days.
• The gift card with a face value of AUD $1,849 will be issued within 15 working days of meeting the promotional requirements, and will be sent to the email address linked to your moomoo ID upon completion of the promotional tasks.
• Click here for specific terms and conditions of an Apple gift card.
• This gift card has no expiration date and can only be used to purchase goods and services in the Australian Apple Store, Apple Store app, apple.com, App Store, iTunes, Apple Music, Apple TV, Apple Books, and other Apple properties. For assistance with using the gift card, please visit support.apple.com/giftcard or call 1-300-321-456.
These Coupons will be issued to the Participant's moomoo account within 15 business days from the date of completion of each Valid Transfer ("Completion Date", as confirmed by Moomoo AU), but will remain locked and unvested until the satisfaction of all of the following conditions:
1. Asset Retaining: The assets transferred into the Participant's account within the Promotion Period must be retained for at least 3 calendar months ("Vesting Period");
2. Asset Value: Within the Vesting Period, the Participant is required to maintain the total value of assets transferred into his or her account, not to drop to a value lower than 80% of the total asset value at the Completion Date ("Initial Value"). For the purpose of this condition, due to market reasons and securities price fluctuations, a decrease in value by not more than 20% is allowed within the Vesting Period, provided that such decrease in the Initial Value is not a result of a withdrawal of any asset or cash by the Participant. For the avoidance of doubt, if the total asset value of the Participant's account drops to lower than 50% of the Initial Value ("Substantial Value Decrease") within the Vesting Period due to whatever reason, once Moomoo AU identifies the Substantial Value Decrease, Moomoo AU will reserve the right to cancel and revoke the Coupon(s) at Moomoo AU's sole and absolute discretion, and all the Coupon(s) issued will become invalid with immediate effect.
For example:
• If, on June 10, you transfer stocks worth AUD 100,000 to moomoo, and the asset value decreases by 20% due to market fluctuations on July 10, your coupon will remain valid as a decrease in asset value of up to 20% due to market fluctuations is permitted.
• If, on June 10, you transfer stocks worth AUD 100,000 to moomoo, and the asset value decreases by 30% due to market fluctuations on July 10, your coupon will remain valid if you maintain an asset value of no less than AUD 50,000 during the waiting period until September 10, as there is no substantial decrease in value.
• If, on June 10, you transfer stocks worth AUD 100,000 to moomoo, sell AUD 60,000 worth of stocks on July 10, and withdraw the funds on July 15, your coupon will expire as you transferred out more than 50% of the funds from your moomoo account during the waiting period.
• If, on June 10, you transfer stocks worth AUD 100,000 to moomoo, and the asset value decreases by 50% due to market fluctuations on July 10, resulting in a remaining asset value of less than AUD 50,000, but you subsequently deposit AUD 50,000 into your moomoo account and maintain an asset value of no less than AUD 50,000 during the waiting period until September 10, your coupon will remain valid as the substantial decrease in value has been rectified.
Upon the expiry of the Vesting Period and satisfaction of all the above conditions, as determined at the sole discretion of Moomoo AU, the respective Coupon will automatically become vested and unlocked on the date of such determination ("Activation Date"), and will remain valid for 180 days period ("Valid Period"), commencing from the Activation Date.
For the avoidance of doubt, the Activation Date and the respective Valid Period vary among each Valid Transfer, since the Completion Date may vary. In situations where multiple Valid Transfers are made on multiple days during the Promotion Period, each Coupon awarded shall have its own distinct Completion Date, and each set of Vesting Conditions shall apply separately to each Coupon awarded.
For example:
• If you are a First-time Position Transferee and you transfer AUD 2,000 worth of stocks on June 15, followed by a transfer of AUD 9,000 worth of stocks on July 20, the system will recognise a total asset transfer of AUD 11,000 on July 20. Therefore, you will receive a stock cash coupon worth AUD 100, and your asset retention period will be three natural months starting from July 20.
• If you are a non-first-time position transferee and you transfer AUD 20,000 worth of stocks on June 15, followed by a transfer of AUD 90,000 worth of stocks on July 20, the system will recognise a total asset transfer of AUD 110,000 on July 20. Therefore, you will receive a stock cash coupon worth AUD 100, and your asset retention period will be three natural months starting from July 20.
Enter the event page and tap "Sign up" to participate in the event.
Transfer eligible assets to MFI during the Promotion Period from an account at one of the following broker-dealers: Robinhood, Webull, TD Ameritrade (including ThinkorSwim),Interactive Broker, Fidelity, E Trade, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch. Transfers from other broker-dealers are not eligible for this Promotion.
1. Definition
Coupons are applicable to stock orders in Moomoo AU accounts. After a client redeems a coupon, a stock purchase credit equal to the face value of the coupon will be added to the client's account and automatically applied to the client's next eligible trade order.
2. How to redeem
A coupon will be automatically applied to the client's first eligible trade order (buy-to-open orders exceeding AUD $100 only) within the Validity period. Whether the client can use a coupon depends on the order amount, product type, applicable market, and other conditions. Once the eligible order is filled within the Validity Period, the cashback will be credited to the client's account. Please note that each client can use only one coupon for each order, but coupons may be used in conjunction with a commission discount or zero-commission coupon, if applicable.
3. When will the cashback arrive & where to check
The cashback will be credited to the client's account within three trading days after the order is completed. Clients can check the crediting progress via Trade > Brokerage Account > Funds Details in the moomoo app.
Click here for more information.
Click here for more information.
· US stocks, American Depository Receipts (ADR), ETFs.
· Cash (Currently only supports cash transfers from Stake, IBKR AU, Westpac, TD Ameritrade).
Options, short stock positions, bonds, mutual funds, pink sheets, fractional shares, and other over-the-counter (OTC) securities.
• Moomoo AU reserves the right, in its sole discretion, to refuse to allocate any or all of the above benefits if it believes that the client is engaging in, has engaged in, attempted, or caused to engage in activities in violation of the offer conditions. In such cases, Moomoo AU's decision will be final, and no further correspondence will be entered into.
• Moomoo AU also reserves the right to reclaim any reward acquired via inappropriate means, such as exploiting system vulnerabilities.
• The Promotions are provided by Moomoo AU, a wholly-owned subsidiary of Futu Holdings Limited. In Australia, investment products available on moomoo are offered by Moomoo AU, which is regulated by the Australian Securities and Investments Commission (ASIC). The moomoo App is a trading platform offered by Moomoo Inc., a wholly-owned subsidiary of Futu Holdings Limited.
• The eligible participant can only participate in the promotion during the promotion period and only in the manner described in these Terms and Conditions. If the participant submits his/her entry late, early, in a way other than the prescribed manner, or otherwise incomplete, he shall be excluded from participation without further notice.
• At its sole discretion, Moomoo AU reserves the right to cancel, terminate, modify or suspend these Terms and Conditions, and invalidate any affected participations, or cancel, suspend or vary a reward, without any further notice or assuming any liability to any person(s). Such cancellation, termination, modification, suspension or invalidation will take effect immediately at the time when they are posted or made available to the Participants.
• Each Participant can only open one trading account with us, and by participating in this promotion, Participants are deemed to have agreed to all existing terms and conditions in the Client Services Agreement, as well as all the Terms and Conditions of this Promotion, or any other promotions or events. If any Participant's securities account shows signs of fraud, abuse, or suspicious activity, including but not limited to registering multiple accounts using the same device, Moomoo AU may, at its sole discretion, cancel the Participant's rewards and limit the Participant's eligibility to participate in future promotions.
• Each device, mobile or desktop, is only entitled to one set of Rewards. Using the same moomoo ID, phone number, or device will all be regarded as a single user.
• This Promotion is not available for users on the "Futu Promotions and Events Participation Ban List". If a user repeatedly violates Futu's safety rules, the user will be put on the "Futu Promotions and Events Participation Ban List".
• This Promotion is not an offer, recommendation or solicitation for the purchase or sale of any securities. It is not intended to be, nor does it constitute any form of financial advice.
• Moomoo AU shall not assume any liability for any financial or non-financial losses incurred to any person in connection with the Promotion, however arising, including but not limited to losses incurred from trading.
• To the maximum extent permitted by applicable laws, in no event shall Moomoo AU or anyone acting on its behalf be liable for any direct, indirect, special, incidental or consequential damages whatsoever, including without limitation damages for loss of profits, loss of confidential or other information, business interruption, loss of privacy, failure to meet any duty (including without limitation any duty of good faith or reasonable care), negligence, negligent misrepresentation, failure to warn, and any other pecuniary or other loss whatsoever, arising out of or in any way related to Moomoo AU or the Promotion, including without limitation any use or misuse of, or inability to use the systems, platforms, websites, mobile Apps or any other channel developed or owned by Moomoo AU , or otherwise under or in connection with any provision of these Terms and Conditions, including without limitation any breach of any term or condition or a fundamental breach of these Terms and Conditions, even if Moomoo AU or anyone acting on its behalf has been advised of the possibility of such damages.
• These Terms and Conditions are written in both Chinese and English. In the event of any discrepancy between the Chinese version and the English version, the English version shall prevail.
• Moomoo AU reserves the right of final interpretation of these Terms and Conditions (including but not limited to the terms of all promotion rewards and stock cash coupons) to the extent permitted by law. In the event of any dispute, our decisions are final and no correspondence will be entered into.
• The failure of Moomoo AU to exercise or enforce any right or provision of these Terms and Conditions shall not constitute a waiver of such right or provision. If any of these Terms and Conditions is found by a court of competent jurisdiction to be invalid, you agree that the court should endeavor to give effect to the intentions of Moomoo AU as reflected in these Terms and Conditions, and the other provisions of these Terms and Conditions shall remain in full force and effect.