Moomoo SG vs Webull SG: How to Choose in Singapore?
Key Takeaways: Moomoo SG vs Webull SG
Feature | Webull SG | |
Local Support & Presence | 3 Physical Stores (313@Somerset, Jem, Bugis), CDP linkage, MooFest | 100% Digital / Online-based |
Global Markets | 5 Markets (US, SG, HK, China A-shares, Japan) | 4 Markets (US, SG, HK, China A-shares) |
Cryptocurrency Trading | Available (MAS DPT-licensed) | Not licensed in Singapore |
US Stock Trading Fees | Fixed: Lifetime $0 commission* + USD 0.99 platform fee | Tiered: %-based commission + $0 platform fee |
USD Margin Rate | 4.80% | 5.84% |
Trading Tools & AI | 140+ indicators, 50+ drawing tools, Moomoo AI, | 60+ indicators, 12 drawing tools, Vega, |
The Verdict for Singapore Investors - Webull SG may suit investors who prefer a fully digital brokerage experience with a simpler fee structure. It can be a practical option for those making smaller or more frequent trades, and those who do not require offline support or additional local services. | ||
<div style="text-align: center; margin-top: 32px; margin-bottom: 16px;"> <a href="https://openaccount.sg.moomoo.com/setup-page/index" target="_blank" style="display: inline-block; background-color: #ff6600; color: #ffffff; font-size: 18px; font-weight: bold; text-decoration: none; padding: 14px 40px; border-radius: 50px; box-shadow: 0 4px 12px rgba(255, 102, 0, 0.3); transition: background-color 0.3s ease;"> Start Trading with Moomoo </a> </div> Choosing the right brokerage is a critical first step for any investor. In Singapore, Moomoo SG and Webull SG are two prominent platforms catering to modern, tech-savvy traders.
Introduction to Moomoo and Webull in Singapore
Since entering the local market in 2021, Moomoo Financial Singapore Pte. Ltd. ("Moomoo Singapore"), under Nasdaq-listed FUTU Holdings, has rapidly grown into one of the leading online brokerage apps locally. Today, roughly 1 out of every 2 Singapore residents uses the platform. Moomoo app has become the No.1 trading app by downloads in Singapore. >> Click to download the moomoo app.
Source: SensorTower, as of Feb. 26, 2026.
In contrast, Webull is a brokerage that entered the Singapore market in 2022 via its entity, Webull Securities (Singapore) Pte. Ltd. As part of its global expansion, Webull operates strictly as a digital brokerage entity in Southeast Asia.
While both are regulated by the Monetary Authority of Singapore (MAS), they have distinct differences in market access, fee structures, and local community presence.
Below is a comprehensive and objective comparison to help you decide which platform aligns best with your investing goals.
Comparison 1: Local Popularity & Promotion
Moomoo surpassed 1.5 million users in Singapore as of 2025, and the moomoo app has become the most widely used brokerage platform in the country.
Moomoo stands out for its deep integration into the local community in Singapore. It isn't just a digital app; it has a tangible, offline presence designed to build investor trust:
Flagship Events: Moomoo hosts massive community events like "MooFest" every year. Its third edition was held in Singapore in July 2025, attracting nearly 4,000 investors and involving 50 partners, including major exchanges: SGX, JPX, NYSE, NASDAQ, CBOE, and CME Group.
Moomoo Physical Stores: It operates three physical investor experience centres located at 313@Somerset, Jem, and Bugis, offering face-to-face support. In addition to various online welcome rewards, moomoo frequently hosts offline events in physical stores across Singapore with attractive incentives.
CDP Account Support: Moomoo supports Central Depository (CDP) account linkage and securities transfers, allowing investors to manage holdings between their brokerage and CDP accounts. Moomoo offers exclusive Transfer-in rewards for Singapore users. Users who transfer assets from other brokerages or CDP accounts are eligible to receive these transfer-in rewards.
*T&Cs and other fees apply.
In contrast, Webull SG operates as an online-based brokerage and does not maintain physical retail locations or walk-in experience stores in Singapore.
Comparison 2: US Market Trading Fees & Tools
For Singapore investors, trading in the US market is a popular choice. Moomoo SG utilizes a fixed platform fee model with lifetime zero commission* for US stock trading.
What does this mean for your wallet? Because most brokerages charge a percentage of your total trade amount, their fees scale up as your investment size grows. Moomoo offers a fixed platform fee, making it highly cost-effective for larger trades while providing users with stable, transparent, and predictable trading costs.
US Stock Trading Fees
Moomoo Fees on US Stocks/ETFS: Offers lifetime $0 commission* on US stocks for eligible users, paired with a flat, predictable platform fee of USD 0.99 per order.
Webull Fees on US Stocks/ETFS: Promotes a $0 platform fee, and charges a percentage-based commission (0.025% during regular hours, min. USD 0.50). (Source: Data as of Feb. 26, 2026)
Trade Value (USD) | (lifetime $0 commission* + $0.99 platform fee/order) | Regular & Extended Hours 0.025%*Total Trade Amount (Min. USD 0.50) + $0 platform fee | Webull SG Overnight Hours 0.03% *Total Trade Amount (Min. USD 0.89) + $0 platform fee |
4,000 | USD 0.99 | USD 1.00 | USD 1.20 |
12,000 | USD 0.99 | USD 3.00 | USD 3.60 |
20,000 | USD 0.99 | USD 5.00 | USD 6.00 |
*Note: Data excludes external regulatory and settlement fees. Always check the latest official pricing. | |||
<div style="text-align: center; margin-top: 32px; margin-bottom: 16px;"> <a href="https://openaccount.sg.moomoo.com/setup-page/index" target="_blank" style="display: inline-block; background-color: #ff6600; color: #ffffff; font-size: 18px; font-weight: bold; text-decoration: none; padding: 14px 40px; border-radius: 50px; box-shadow: 0 4px 12px rgba(255, 102, 0, 0.3); transition: background-color 0.3s ease;"> Start Trading with Moomoo </a> </div>
US Market Promotion: Market Data & Tools
140+ free technical indicators and 50+ free drawing tools
Free lifetime real-time option chain
Free lifetime Level 2 US stock market data
Free investment analysis reports
Read More: Moomoo Singapore Transfer in: Guide and FAQs
60+ free technical indicators and 12+ free drawing tools
Free Level 2 US market data (1 month only)
Free real-time option chain (1 month only)
Free investment analysis reports
Comparison 3: Moomoo Fees vs. Webull Fees [2026 update]
Besides the US stock fees covered earlier, other trading costs also play a key role in your investment returns. Below is a detailed fee comparison between Moomoo SG and Webull SG, covering Singapore stocks, Hong Kong stocks, and China A-Shares.
Item | Moomoo SG | Webull SG |
US Stocks/ETFs | Lifetime $0 commission + USD 0.99 platform fee per order | Regular and Extended Hours (04:00-20:00EST) |
SG Stocks/ETFs | 1 year $0 commission* for new users + SGD 0.99 platform fee per order | 1 year $0 commission* for new users + platform fee: 0.025% x Total Trade Amount (Min. SGD 0.80) |
HK Stocks/ETFs | $0 commission* for 30 days for new users + HK$15 per order | 0.03%*Total Trade Amount (Min. HKD 12) + $0 platform fee |
China A-Shares | $0 commission* for 30 days for new users + 15 CNH/Order | 0.02%*Total Trade Amount (Min. CNH 12 per Trade) + $0 platform fee |
Margin Rate | 4.8% USD | 5.84% USD |
*Disclaimer: The $0 Commission offer for new users is subject to Moomoo Singapore's official terms and conditions. Investors are recommended to review the full terms on Moomoo SG's platform for accurate details. Data above is sourced from Moomoo Pricing and Webull Pricing. Webull's $0 platform fee is subject to change at our discretion and is valid until updated. | ||
1. Fee comparison for SG stocks
Trading Value/Order | Moomoo SG | Webull SG |
4,000 | SGD 0.99 | SGD 1.00 |
12,000 | SGD 0.99 | SGD 3.00 |
20,000 | SGD 0.99 | SGD 5.00 |
*Note: Data excludes external regulatory and settlement fees. Always check the latest official pricing. | ||
2. Fee comparison for HK stocks
Trading Value/Order | Moomoo SG | Moomoo SG | Webull SG |
4,000 | HKD 15 | HKD 18 | HKD 12 |
12,000 | HKD 15 | HKD 18.6 | HKD 12 |
20,000 | HKD 15 | HKD 21 | HKD 12 |
*Note: Data excludes external regulatory and settlement fees. Always check the latest official pricing. | |||
3. Fee comparison for China A-Shares
Trading Value/Order | Moomoo SG | Moomoo SG | Webull SG |
4,000 | CNH 15 | CNH 18 | CNH 12 |
12,000 | CNH 15 | CNH 18.6 | CNH 12 |
20,000 | CNH 15 | CNH 21 | CNH 12 |
*Note: Data excludes external regulatory and settlement fees. Always check the latest official pricing. | |||
Comparison 4: Regulation and Safety
Both Moomoo SG and Webull SG are licensed and regulated by the Monetary Authority of Singapore (MAS).
Licensed Crypto Trading in Singapore
Cryptocurrency has become a component of diversified portfolios. In Singapore, crypto trading platforms must be licensed by the Monetary Authority of Singapore (MAS) to legally provide digital payment token services.
Moomoo SG holds a Major Payment Institution (MPI) license for Digital Payment Token (DPT) services. This allows retail investors to legally, securely, and compliantly buy and sell cryptocurrencies directly within the Moomoo app.
In contrast, Webull SG does not currently hold this specific DPT license.
Comparison 5: Investment Products and Market Access
Here is an overall comparison of investment products between Moomoo SG and Webull SG.
Market / Product | Moomoo SG | Webull SG |
Singapore Market | Stocks, ETFs, REITs, Warrants, DLCs | Stocks, ETFs, REITs, Warrants, DLCs, L&I |
US Markets | Stocks, ETFs, Options, Fractional Shares, US Treasuries, Futures | Stocks, ETFs, Options, Fractional Shares, Futures |
Hong Kong & China A-shares | HK Stocks, ETFs, Warrants, CBBCs, China A-shares | HK Stocks, ETFs, Warrants, CBBCs, China A-shares |
Japan Market | Not available | |
Cryptocurrency Trading | Available (MAS DPT-licensed) | Not licensed in Singapore |
Comparison 6: Trading Tools and User Interface
Both Moomoo Singapore and Webull Singapore offer intuitive and user-friendly mobile and desktop interfaces suitable for all levels.
Moomoo Singapore is designed to support investors at every experience level, combining ease of use with comprehensive professional-level functionality. This allows new users to learn and trade confidently, while advanced investors can conduct deeper analysis and implement more sophisticated strategies efficiently.
In its Options Strategy module, moomoo presents information in a clear, structured, and beginner-friendly layout that also enhances research efficiency for advanced users. Key features include:
Hypothesis-Led Strategy Generation: This feature helps you build trades based on how you think the market will move. Just pick your view: Bullish (going up), Bearish (going down), or Flat (staying neutral). The platform will automatically show you ready-to-use multi-leg strategies (like a Short Straddle for sideways markets), so you don't have to build complicated trades manually.
Quantitative Risk Profiling: Every strategy comes with simple, clear risk and reward numbers. You'll see the estimated probability of profit and a visual P/L Zone that shows your potential gain and loss range. This lets you quickly understand how likely the trade is to succeed and how much risk you're taking — before you place any order.
Webull Singapore also provides an Options Discover section that allows users to select market outlook (Bullish, Bearish, or Neutral) as part of its options workflow. The section offers basic strategy guidance to support users in exploring potential option positions.
Read More: Beginner's Guide: How to Invest in Options in Singapore
Conclusion: Moomoo vs Webull in Singapore
Both Moomoo Singapore and Webull Singapore are legitimate, MAS-regulated brokers serving Singapore investors with access to global markets. They differ in market coverage, product range, fee models, AI tool support, trading tools, and local presence. Investors are encouraged to review the most current official information, test both platforms, and choose the one that best matches their personal trading style and requirements.
Disclaimer: Data correct as of 26 Feb. 2026. Always verify the latest details on the official Moomoo Singapore and Webull Singapore websites.
Frequency Asked Questions
Is Webull regulated in Singapore?
Webull Singapore is regulated by the Monetary Authority of Singapore (MAS) and holds a Capital Markets Services (CMS) License. However, it does not currently hold a DPT license to provide crypto trading activities in Singapore.
Which platform suits Singapore investors better, Moomoo or Webull?
Both Moomoo and Webull are reputable, MAS-regulated platforms, and the "better" choice depends entirely on an individual investor's specific trading style, portfolio size, and personal preferences. Here is a balanced breakdown of who each platform suits best: - Moomoo SG may be suitable for: Investors with medium to high capital allocation, who want broader market access (including the Japan market and crypto trading), prefer flat‑fee structures that are cost-effective for larger US stock trades, and value stronger localised tools and Singapore‑focused services, as well as physical customer support centres and local community events. - Webull SG may be suitable for: Self-directed investors who prefer a 100% digital, app‑based experience, benefit from percentage‑based commission models, want built‑in robo‑advisory tools for passive investing, and are focused on smaller, fragmented US stock trades.
This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. Read more











