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How can we build a better Moo community?
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Change the referral program

Change the MooMoo referral program. Look at the referral program for your competitor Webull & make your referral program more like theirs. Webull gives me 10 free stocks for every person I refer & I get those 10 stocks even if my referral only signs up & makes NO deposit. It's hard enough to get someone who has never been exposed to the stock market to trust an App enough to finish the sign up process and provide their social security number. To expect a new member who is unsure about the stock market to commit $100 deposit in order for me to get my referral bonus is unrealistic. I would personally rather get a small monetary reward or cheap $10 stock than a more expensive stock as a referral bonus if it means my referral doesn't need to deposit $100 or more
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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