Options fee too high
I opened my account with moomoo because I thought it was one of those low cost brokerages, like Robinhood but with better platform, even for options.
However, I noticed that although moomoo claimed 0 commissions on options trading, they charged more than $1 per contract for reg fees. That's much higher than the regular brokerages like Thinkorswim which charges $0.60 per contract. Besides that, you also need to pay more than $3 monthly fees for options data.
Moomoo might work for stock traders. But let me know if there is any reason options traders should use moomoo. Thanks.
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