moomoo
Open in the moomoo APP.
OPEN
Trade with 0 fees equals x% return?
37K Views ·105 Posts
Commissions could be a kind of "sunk costs" you paid for investing. The fees may seem insignificant at the beginning, but little drops make a mighty ocean. For example, if you pay $0.01 commission per share, and you trade 1,000 shares per week, then you would end up paying about $500 in a year, which is 50% of your capital.
How much money would you save in a year if your broker charged no commissions? Will you switch your broker for zero commissions?
Share roughly the amount you "could've saved" with us, and let us know how you feel about the fees attached to transactions!
Rewards: Share your ideas by May 12. Eight posts will be selected manually based on originality and quality to win 888 points!
GOOD NEWS: Now all eligible clients of FUTU SG can trade US stocks freely on moomoo with NO FEES applied. Learn more>>
How much money would you save in a year if your broker charged no commissions? Will you switch your broker for zero commissions?
Share roughly the amount you "could've saved" with us, and let us know how you feel about the fees attached to transactions!
Rewards: Share your ideas by May 12. Eight posts will be selected manually based on originality and quality to win 888 points!
GOOD NEWS: Now all eligible clients of FUTU SG can trade US stocks freely on moomoo with NO FEES applied. Learn more>>
Commissions could be a kind of "sunk costs" you paid for investing. The fees may seem insignificant at the beginning, but little drops make a mighty ocean. For example, if you pay $0.01 commission per share, and you trade 1,000 shares per week, then you would end up paying about $500 in a year, which is 50% of your capital.
How much money would you save in a year if your broker charged no commissions? Will you switch your broker for zero commissions?
Share roughly the amount you "could've saved" with us, and let us know how you feel about the fees attached to transactions!
Rewards: Share your ideas by May 12. Eight posts will be selected manually based on originality and quality to win 888 points!
GOOD NEWS: Now all eligible clients of FUTU SG can trade US stocks freely on moomoo with NO FEES applied. Learn more>>
How much money would you save in a year if your broker charged no commissions? Will you switch your broker for zero commissions?
Share roughly the amount you "could've saved" with us, and let us know how you feel about the fees attached to transactions!
Rewards: Share your ideas by May 12. Eight posts will be selected manually based on originality and quality to win 888 points!
GOOD NEWS: Now all eligible clients of FUTU SG can trade US stocks freely on moomoo with NO FEES applied. Learn more>>
New
Hot
Will I switch broker for zero commissions?
Hahaha
, silly question. Of course... I WILL
.
However, a broker security is also important & their insurance of safety is also very important
.
Well, if also got a life time $0 platform fee will also be good
. Though, I still preferred free permanent life time real market data card (at least level 1) over the $0 platform fee .
Actually, I think moomoo broker rate are quite good
.
Hope so things will remain the same or become even better for us ...
, silly question. Of course... I WILL.However, a broker security is also important & their insurance of safety is also very important
.Well, if also got a life time $0 platform fee will also be good
. Though, I still preferred free permanent life time real market data card (at least level 1) over the $0 platform fee .Actually, I think moomoo broker rate are quite good
.Hope so things will remain the same or become even better for us ...
5
Futu SG is the 1st digital brokerage to offer $0 platform fees, lifetime $0 commissions on US stocks
Dear mooers,
We are thrilled to announce that Futu Singapore (“Futu SG”) (“moomoo”) to become the 1st global digital brokerage to offer $0 platform fees*, $0 market data fees, lifetime $0 commissions** on US stocks for all.
We have observed an emerging demand amongst Singaporean investors over the past year in US stocks trading. As part of moomoo's corporate initiatives to offer value to its user...
We are thrilled to announce that Futu Singapore (“Futu SG”) (“moomoo”) to become the 1st global digital brokerage to offer $0 platform fees*, $0 market data fees, lifetime $0 commissions** on US stocks for all.
We have observed an emerging demand amongst Singaporean investors over the past year in US stocks trading. As part of moomoo's corporate initiatives to offer value to its user...
46
12
10
Futu MooMoo's Free Commission= A marketing Gimmick?
Oh well, this could be a sensitive topic in Moo Moo's community. Hopefully the Moo Moo's modulators won't feel heart attack on my topic.
But, I think it is important to let the MooMoo's community knows the truth!
As usual, you may watch the full video here for a much better illustration. This topic can be quite dry, thus video is a better visualization tool!
To prepare this video, I have spent a lot of time to look for the information required...
But, I think it is important to let the MooMoo's community knows the truth!
As usual, you may watch the full video here for a much better illustration. This topic can be quite dry, thus video is a better visualization tool!
To prepare this video, I have spent a lot of time to look for the information required...
112
38
20
?
FUTU trade with 0 fees
Definitely a good news for such a newbie like me. I learn to invest using this moomoo app for the 1st time, learnt the hard way when I buy high and the stocks start to dip. Everyday logging into the app to see my portfolio dripping, so demoralising. However, I never give up. I learn to buy the dips and lower my cost. Of cos when I buy the dips I have to pay for the trade fee.
When I saw moomoo offer 0 fees, it's definitely a good news for me. I will love to invest in even...
When I saw moomoo offer 0 fees, it's definitely a good news for me. I will love to invest in even...
9
3
Why only 0 commission for US market? Why can't apply the same promotion to SG market?
4
3
Great initiative and gives us more reasons to use and introduce Moomoo to others. Especially when we just started trading or have limited funds.
The zero commission gives us / beginners a good training platform too to trade smaller volume. Trading frequency increased!
The zero commission gives us / beginners a good training platform too to trade smaller volume. Trading frequency increased!
6
any other hidden costs?
4
0 commission fees but still have platform fees?
1
2
trade SG shares with 0 fee
It is truely good news to hear no fee will be charged. This will motivate users to make more trade with less concern of fee charges. Thank you in advance.
2
1
why not? this will be a good saving.
3
Share your opinions