Notes:
1. Stocks can only be transferred when names on both accounts are the same.
2. Fees: Moomoo Securities Malaysia Sdn. Bhd. doesn't charge any fees to transfer your stocks, but the other broker may.
3. Processing time: How long it takes to transfer your stocks into Moomoo MY depends on the outside broker. Once the other broker transfers stocks out of your account, it will take 1-2 business days for Moomoo Securities Malaysia Sdn. Bhd. to receive the stocks.
To transfer your shares from another broker to Moomoo Securities Malaysia Sdn. Bhd., you need to submit instructions to both receiving party (Moomoo Securities Malaysia Sdn. Bhd.) and delivery party:
I. Submit a receiving/inbound-transfer instruction to Moomoo Securities Malaysia Sdn. Bhd.
II. Submit a delivering/outbound-transfer instruction to the other broker
After we receive your receiving/inbound-transfer instruction, we will contact the other broker to match their delivering/outbound-transfer instruction and arrange a date for delivery.
I. Submit a receiving/inbound-transfer instruction to Moomoo Securities Malaysia Sdn. Bhd.
Please follow the instructions below to initiate an inbound transfer on the app.
1. Log in to moomoo
Tap Accounts > Transfers > Transfer Stock In
Please choose the receiving market. If there is more than one, please submit your transfer requests separately.
2. Enter transfer information
2.1 Choose where you want to receive the stocks
Please choose the eligible Moomoo Securities Malaysia Sdn. Bhd. account to transfer into.
2.2 Enter broker information
● Please choose where you want to transfer the stocks from. If your broker name does not display, choose Other Broker to enter the name manually.
● Account Number: Enter your account number at the other broker
● Account Name: Enter your account name at the other broker. Names on both accounts must match
2.3 Tap Next to enter stock information
3. Review the information and submit the request
Confirm the broker information, the stock symbol, and the quantity you entered, and submit the request.
II. Submit a delivering/outbound-transfer instruction to the other broker
Please contact the other broker on their requirement for delivering/outbound-transfer instruction.
Necessary details can be found below:
● Moomoo Securities Malaysia Sdn. Bhd. details for Inbound-Transfer of HK Stocks
After completing the above procedures, please stay tuned. Staff at both brokers will follow up on your transfer request.
