What is level 2 quote?
Moomoo is one of the platforms that provide level 2 data. Now, let’s have a glance at this excellent service.
What is level 2 quotes?
Unlike level 1, which only provides inside or best bid and ask prices, level 2 provides users with depth of price information, including all the available prices that market makers and electronic communication networks (ECN) post. Without any fees, you can view real-time market bids and trades, up to 10 orders at the same time. Level 2 quote data satisfies active investors’ needs as it displays the supply and demand of the price levels beyond or outside of the national best bid offer (NBBO) price, providing our users a visual display of the price range and associated liquidity at each price level.
What benefits that level 2 quotes bring us?
Level 2 quotes bring us more benefits compared to level 1. The main one should be the access to a large amount of information related to the market, which is able to be used in different ways to gain profits. For instance, users can confirm liquidity volumes and order sizes for a stock traded on NASDAQ and use information regarding bid and ask orders to identify trends.
Apart from this, the additional information related to pricing action and market momentum give us ideas about the price direction and predict the market trends. This tool is a great helper for investors to enter or exit at the proper price level. For example, you can use it and estimate the limit sell price for a stock within a short time.
How to check out level 2 quotes on Moomoo?
Firstly, you should open an account. Then just click into the stock watched. It will present as the picture below. Please note that level 2 quotes data is only available during trading session.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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curtaincall : Free level 2 is my reason why I came here, and it surprised me with much more great tools apart from lv2 after using it for some time
treydongui curtaincall: dude i was all about webull for a minute after nightmarish run (should say ruin) on RH. But Moomoo has grown on me and with tons of info and instructions on how to properly read and apply these lesser known tools to the newest and biggest generation of traders this market has ever seen. thanks Moomoo for being a stand up exchange and not taking advantage of us. giving us the best tools for free. you have my verbal 5 star review....
Team moomooOP treydongui: Your support is greatly appreciated
let's keep looking forward and we will make it better 
Team moomooOP curtaincall: Thanks for your support
greatly appreciate for it
TonykYayo : How do I sign up for level 2?
70107095 : I'm Canadian, is it possible to open an account?
Team moomooOP TonykYayo: Hi, you need to open an account to unlock this free access
Team moomooOP 70107095: Hi, it is now only available for U.S. residents with a valid social security number right now. Sorry for this
Victor g : If you help me because I love moo moo for the level 2 and everything else but I just don't know how to make up here how do you do a limited sale limit or all the different trades is there any motivation for that??
Team moomooOP Victor g: Hi, you can check out this link. Here shows all the order types. Hope this helps.
https://moo.moomoo.com/nnq/hdetail?disable_redirect=1&id=103167817613317
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