Moomoo Financial Inc. supports the opening of Individual Margin Account and Individual Cash Account. Each user can open a maximum of one margin account and one cash account at the same time.
The main differences between the two account types are as follows:
| Individual Margin Account | Individual Cash Account | |
| Margin Trading and Short Selling | Supported (Up to 4 times leverage) | Not supported (Only trading with cash is allowed) |
| Option Strategy | Supports up to Level 4 option strategies | Supports up to Level 2 option strategies |
| Fee | Incurs potential interest charges | No potential interest charges |
| Minimum Deposit Requirement | None | None |
| Trading Restrictions | Account assets less than $2,000 USD, only trading with cash is allowed | Subject to Good Faith, Free Riding, and Cash Liquidation violations |
Please note, Moomoo Financial Inc. does not offer individual retirement account (IRA) or joint account.
Moomoo is a professional trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC.
Any illustrations, scenarios, or specific securities referenced herein are strictly for illustrative purposes. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal.