FAQ How to buy on cash and not use margin
If you want to find out how to buy stocks in foreign markets, read Currency Exchange FAQ: How do I buy US/HK/CN shares with SGD (or your home currency if you are in other countries)?
Don’t exceed the number of shares indicated in the circled part when inputting quantity.
*** Max Qty to Buy (Cash) does not show the amount of funds you have but the max number of shares that can be purchased with your cash at the price input in the order form. For example, if you have $2000 cash and the stock price is $2, you can only buy slightly fewer than 1000 shares after factoring in commission/platform/GST/regulatory fees and the fact that the lot size is in multiple of 100 for SGX-listed stocks.
*** Max Qty to Buy (Cash) does not show the amount of funds you have but the max number of shares that can be purchased with your cash at the price input in the order form. For example, if you have $2000 cash and the stock price is $2, you can only buy slightly fewer than 1000 shares after factoring in commission/platform/GST/regulatory fees and the fact that the lot size is in multiple of 100 for SGX-listed stocks.
I’m not a staff of Moomoo. I wrote this to help fellow Moomoo users. Please click
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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72732990 : do you use margin?
72732990 : I don't and I don't sell short either
DadacaiOP : @70878063moomoo US only provides margin accounts. The account type may be margin but you can avoid the use of margin by not using more than the amount of cash in your moomoo account. https://www.moomoo.com/community/feed/106856930082826?lang_code=2&data_ticket=441896acf760b247a0cf9e113dce06b6&content_type=feeddetail&channel_name=15
DadacaiOP : @70878470moomoo US only provides margin accounts. The account type may be margin but you can avoid the use of margin by not using more than the amount of cash in your moomoo account.
DadacaiOP : @FatesWebb
DadacaiOP : @71426459
DadacaiOP : @102947945
Raym1776 : Can you help me out on transferring some stock from another company to here?
DadacaiOP Raym1776: FAQ: How to Transfer Stocks to Moomoo (for US residents)
RAFIU BADARU : How to buy shares with cash?
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