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Moomoo SG x Grab Welcome Rewards - January 2024 to April 2024

Campaign Period 

The campaign will commence from 23/1/2024 at 10:00PM SGT - 1/4/2024 at 9:59PM SGT** (“Campaign Period”).

 

Eligibility for Activity Participation

• New users who have never opened a Moomoo SG universal account and/or deposited funds before 10:00PM SGT on 23/1/2024.
• During the event period, any portfolio transfer will be considered as an existing client, and will not be eligible to receive rewards intended for new clients.

 

Activity Summary

When new users complete tasks, they can get corresponding rewards, such as free stock/ cash coupons and free real-time quotes.

 

Welcome Rewards worth up to S$880 (New Users) + 28,888 GrabRewards Points

Task

Rewards

Successfully opened Moomoo SG universal account

 

Reward 1

(i) Lifetime commission-free in the U.S. stock market*

(ii) Free Level 2 US stock market data

(iii) Limited time access to free Level 2 SG Market Data (worth $20/month). Effective till 31st March 2024.

(iv) Free Level 1 China A-share market data

(v) Free Level 1 Hong Kong market data

(vi) 1 Year commission-free for SG market (includes only stocks, etfs and reits) (vii) Moomoo Cash Plus 6.8% p.a. Guaranteed Returns worth up to S$340 (Applicable to the first S$60,000/US$45,000 subscription, valid for 31 days only) (viii) Receive 888 GrabReward Points~

Deposit a cumulative amount of at least S$2,000 before 1/4/2024 at 9:59 PM ** .

 

Reward 2

(i) Receive 28,000 GrabReward Points~

Deposit a cumulative amount of at least S$3,000 before 1/4/2024 at 9:59 PM ** , complete 3 cumulative buy trades and redeem rewards before 9:59PM SGT on 8/4/2024. Maintain assets for 30 days.

Reward 3

(i) Receive 1 x Stock Bundle#: AAPL, NVDA TSLA, SE, NIO (worth S$70)

 

Deposit a cumulative amount of at least S$10,000 before 1/4/2024 at 9:59 PM **, complete 8 cumulative buy trades and redeem rewards before 9:59PM SGT on 8/4/2024. Maintain assets for 90 days.

 

Reward 4

(i) Receive 3 x Stock Bundle#: AAPL, NVDA TSLA, SE, NIO (worth S$210)

 

Deposit a cumulative amount of at least S$100,000 before 1/4/2024 at 9:59 PM **, and redeem rewards before 9:59PM SGT on 8/4/2024. Maintain assets for 90 days.

 

Reward 5

(i) Receive 1 x AAPL stock (worth S$260)

 

~ Grab Rewards Points are stackable. The maximum one new user can receive is 28,888 Grab Rewards Points.

Stocks are given in fractional value (worth 0.05 fraction of 1 AAPL share, 0.02 fraction of 1 NVDA share, 0.04 fraction of 1 TSLA share, 0.2 fraction of 1 SE share and 1.4 fraction of 1 NIO share, which is equivalent to US$10/share.) As of 12/12/2023, 1 AAPL share is at US$196, 1 NVDA share is at US$476, 1 TSLA share is at US$237, 1 SE share is at US$38 and 1 NIO share is at US$7.

The 5 US fractional shares from the Stock Bundle are selected based on the top 5 traded stocks on the moomoo platform 3 months prior from 19/09/2023.

**Campaign period may be extended subjected to Moomoo SG's discretion.

* Other fees related to U.S. stocks, such as regulators, exchanges, and upstream institutions, may still be charged. Unless otherwise specified, U.S. stocks refer to stocks and ETFs listed on U.S. exchanges. If the user enjoys this fee and discount, it cannot be used in combination with other rates. 

Although transactions are commission-free during the promotion period, please note that platform fees are charged per order. This is to enable Moomoo SG to continue to improve the user experience, such as improving our technology, providing free market data, creating better analytical tools to improve our platform so that we can serve our users better.  Moomoo SG also charges other fees such as GST and regulatory fees.
For more details on this fee adjustment, please visit the Fees page.

 

Reward 1:

New users who successfully open Moomoo SG universal account after 10:00 PM SGT on 23/01/2024** can get

(i) Lifetime commission-free in the U.S. stock market

(ii)  Free Level 2 US stock market data

(iii) Limited time access to free level 2 SG Market Data (worth $20/month). Effective till 31st March 2024.
Moomoo SG universal account holders are entitled to claim limited time access to free Level 2 SG market data from now till 31st March 2024.

(iv) Free Level 1 China A-share market data

(v) Free Level 1 Hong Kong market data

(vi) 1 Year commission-free for SG market (includes only stocks, etfs and reits)

(vii) Moomoo Cash Plus 6.8% p.a. Guaranteed Returns worth up to S$340^ (Applicable to the first S$60,000/ US$45,000 subscription, valid for 31 days only) ^S$340 includes original fund return and extra returns from Moomoo SG)

(viii) 888 GrabReward Points~

New users will have to subscribe to any money market funds under Moomoo Cash Plus to enjoy 31-day 6.8% p.a. For details, please refer to here.

Calculation breakdown: 
(6.8%/ 365)*Maximum holding period*Maximum Holding
(6.8%/365)*31*S$60,000 = S$346.52

Note:
Utilisation of the Cash Plus SGD direct withdrawal feature will result in a direct deduction from the SGD money market fund with the lowest 7-day yield. If client's Moomoo Cash Plus holding for the 6.8% p.a. campaign falls under the SGD fund with the lowest 7-day yield, there will be a direct redemption from the fund subscribed to 6.8%p.a. and in turn affect your final return rewards earned under the promotion.

Reward 2:

Customers who have deposited a cumulative amount of S$2,000 / US$ 1,525 / HK$ 12,000 during the campaign period will receive 28,000 GrabReward Points.

GrabRewards Points will be reflected in your Grab account app once Moomoo SG verifies the account eligibility.

Reward 1, 2, 3, 4 and 5 are stackable.

Reward 3:

Please note that customers who have deposited a cumulative amount of at least S$3,000 (or equivalent currencies) and perform 3 cumulative buy trades before 8/4/2024 at 9:59 PM SGT** will receive 1 x Stock Bundle#: AAPL, NVDA TSLA, SE, NIO (worth S$70. Based on conversion rate of 1.35 on 12/12/2023). The reward value will fluctuate based on market conditions. This campaign has nothing to do with any company and its affiliates that are rewarded with shares.

Buy trade is defined as the action of buying stocks, options, ETFs or funds only. Selling of stocks, options, ETFs or funds is not considered as a buy trade. The minimum trade amount per transaction needs to be at least S$1.

To receive the 1 x Stock Bundle , user needs to deposit and maintain daily assets (cash, stocks and other assets included) of S$3,000 (or equivalent currencies) for 30 days. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount. If you have any questions, please contact our online customer service team. This campaign has nothing to do with any company and its affiliates that are rewarded with shares.

In order for the reward to be credited into your account, re-enter the activity page and click [Claim]" any rewards not claimed past 7 trading day window period after the "campaign period" will be forfeited.

Reward 1, 2, 3, 4 and 5 are stackable.

Reward 4:

Please note that customers who have deposited a cumulative amount of at least S$10,000 (or equivalent currencies) and perform 8 cumulative buy trades before 8/4/2024 at 9:59 PM SGT** will receive 3 x Stock Bundle#: AAPL, NVDA TSLA, SE, NIO (worth S$210. Based on conversion rate of 1.35 on 12/12/2023). The reward value will fluctuate based on market conditions. This campaign has nothing to do with any company and its affiliates that are rewarded with shares.

Buy trade is defined as the action of buying stocks, ETFs or funds only. Selling of stocks, ETFs or funds is not considered as a buy trade. The minimum trade amount per transaction needs to be at least S$1.

To receive the Stock Bundle, user needs to deposit and maintain daily assets (cash, stocks and other assets included) of S$10,000 (or equivalent currencies) for 90 days. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount. If you have any questions, please contact our online customer service team. This campaign has nothing to do with any company and its affiliates that are rewarded with shares.

In order for the reward to be credited into your account, re-enter the activity page and click [Claim]" any rewards not claimed past 7 trading day window period after the "campaign period" will be forfeited.

Reward 1, 2, 3, 4 and 5 are stackable.

 

Reward 5:

Please note that customers who have deposited a cumulative amount of at least S$100,000 (or equivalent currencies) before 8/4/2024 at 9:59 PM SGT** will receive 1 x AAPL stock worth S$260. Based on conversion rate of 1.35 on 12/12/2023). The reward value will fluctuate based on market conditions. This campaign has nothing to do with any company and its affiliates that are rewarded with shares. 

To receive 1 x AAPL stock, user needs to deposit and maintain daily assets (cash, stocks and other assets included) of S$100,000 (or equivalent currencies) for 90 days. Due to stock price fluctuations, the total asset value is allowed to drop by 30% from the stated amount. If you have any questions, please contact our online customer service team. This campaign has nothing to do with any company and its affiliates that are rewarded with shares.

In order for the reward to be credited into your account, re-enter the activity page and click [Claim]" any rewards not claimed past 7 trading day window period after the "campaign period" will be forfeited.
Reward 1, 2, 3, 4 and 5 are stackable.

Frequently Asked Questions - New Users

How do I get my GrabReward Points?

New users who successfully completed the task will be issued with the GrabRewards Points to their Grab account, within 15 working days after end of Campaign Period, tagged to the Grab-registered mobile number provided at account opening.

For main promotion T&C, please refer to this link


Conditions and Disclaimers

1.  The rewards and offers in this campaign/promotion (“Campaign/Promotion”) are provided by Moomoo Financial Singapore Pte. Ltd. ("Moomoo SG”), a wholly-owned subsidiary of Futu Holdings Limited. By participating in this Campaign/Promotion, you undertake to have carefully read and agree to be bound by the terms and conditions of this Campaign/Promotion (“Terms and Conditions”), as well as the terms and conditions of the existing Client Agreement. Moomoo SG has the final decision on the eligibility of participants in this Campaign/Promotion.

2. Moomoo SG reserves the right to: (i) amend these Campaign/Promotion Terms and Conditions at any time without prior notice to you, and (ii) change, withdraw or terminate any offer or reward without disclosing the reason and without making compensation or remuneration. Any adjustments or decisions made by Moomoo SG in connection with this Campaign/Promotion shall be binding on all participants.

3. Currently, Moomoo SG limits sign-ups to a limited group of nationalities. Please click on the drop-down box during your account opening process to see if your nationality is available on the list.

4. You shall be responsible for any telephone, internet and other charges that may be incurred.

5. You can only open one universal account with Moomoo SG. Moomoo SG does not allow one person to open a universal account on behalf of another person (i.e. non-beneficial owners are not allowed to open accounts). Please do not open the universal account if you are not the ultimate beneficial owner. If your universal account shows signs of fraud, abuse, or suspicious activity, such as the use of multiple accounts or devices, Moomoo SG may, at its sole discretion, confiscate your reward entitlements and limit your opportunities to participate in future Campaign/Promotion.

6. Each device, whether mobile or computer, can only receive one set of account opening bonus, deposit bonus and/or referral bonus. The same user can only be invited once. The same moomoo account, the same mobile phone number, and the same device are all regarded as representing the same user.

7. In Singapore, the investment products available through the moomoo app are offered by Moomoo Financial Singapore Pte. Ltd., a dealer licensed by the Monetary Authority of Singapore. Moomoo SG is a licensed entity registered with the Monetary Authority of Singapore (MAS) (License No..CMS101000). The moomoo App is a trading platform provided by Moomoo Technologies Inc., a subsidiary of Futu Holdings Limited. Nothing in connection with this Campaign/Promotion shall be construed as an offer, invitation or recommendation to buy or sell securities, futures or other investment products. Moomoo SG does not provide investment advice and does not recommend any securities or transactions. All types of investments involve risk, and you may suffer losses. All information and data on the webpage are for informational purposes only. Past performance is no guarantee of future results. This Campaign/Promotion does not consider your investment objectives, financial situation or financial needs.

8. In the event of any inconsistency between these Terms and Conditions and any advertising, promotion, promotional and other materials relating to or in connection with this Campaign/Promotion, these Terms and Conditions shall prevail.

9. Moomoo SG shall not be responsible for any injury, loss or damage suffered as a result of, or in connection with the Campaign/Promotion and/or redemption or use of the prize/rewards howsoever arising, including but not limited to, fulfilment of the prizes/rewards, any breakdown or malfunction in any computer system or equipment, any notice which is misdirected and/or lost in the post, loss of income, profits or goodwill, direct or indirect, incidental, consequential, exemplary, punitive or special damages of any party including third parties howsoever arising whether in contract, tort, negligence or otherwise. For the avoidance of doubt, cancellation, suspension or termination by Moomoo SG of this Campaign/Promotion shall not entitle any party to any claim or compensation against Moomoo SG for any and all losses or damage suffered or incurred directly or indirectly resulting therefrom.

10. Any trademarks, graphic symbols, logos or intellectual property contained in any materials relating to this Campaign/Promotion, particularly in connection with the rewards/prizes, are the property of their respective owners. Moomoo SG does not provide any financial advice, endorsement or sponsorship of its products or services.

11. This Campaign/Promotion is not eligible to users whose names are on the "Moomoo SG Event Participation Ban List". If a user repeatedly violates safety rules of Moomoo SG, their name will be added to the "Moomoo SG Event Participation Ban List".

12. Should a user not fulfil all the stated conditions of this Campaign/Promotion, Moomoo Financial Singapore Pte. Ltd. reserves the right to cancel any delivered rewards, including commission-free trading for US/SG stocks, gift stocks, Level 2 US market data, Level 2 SG market data, Level 1 China-A share market data and Level 1 HK market data. Commissions and fees will then be charged by Moomoo Financial Singapore Pte. Ltd. as per normal standards.

13. The fee adjustment such as the US stock commission-free fee is applicable to (i) Singapore citizens; or (ii) non-Singapore citizens residing in Singapore with a valid proof of address which can be either a bill or bank statement within the past 3 months prior to opening the account, or the Singpass residential address in Singapore (if using Singpass for account opening); or (iii) other eligible clients confirmed by Moomoo SG. This fee adjustment applies only to individual clients. Moomoo SG reserves the right to change to whom (eligible clients) this fee adjustment applies.

14. While Moomoo SG guarantees up to 31 days 6.8% p.a. extra return, there is no assurance that Moomoo SG will be able to fulfill its obligations under such guarantee should an unforeseen event affect the going concern of the company.

15. Where forced liquidation occurs during the event period, subsequent fund yield movements will no longer be monitored by Moomoo SG. Moomoo SG will not automatically initiate any forms of re-subscription after the force liquidation, and you will not be able to re-invest into the underlying fund during the negative 7-day annualized yield period. Should you wish to re-invest into the same fund when it reaches back to a positive 7-day annualized yield, you shall monitor the market conditions on your own. Should another negative 7-day annualized yield occur during the reinvested period, the same forced liquidation will happen. Moomoo SG will still guarantee 6.8% p.a. return rewards as long as the user has a positive position during the remaining holding period.

16. This advertisement has not been reviewed by the Monetary Authority of Singapore.