Moomoo Brokerage Fees
At Moomoo, we believe in providing our clients with transparent and competitive pricing for their trading activities. Our brokerage fees are designed to offer exceptional value while ensuring a fair and efficient trading environment. In this article, we’ll provide you with a comprehensive overview of our fee structure, covering various asset classes and trading scenarios.
Standard Commission Rates
Moomoo offers competitive commission rates across multiple markets, catering to diverse investment strategies and portfolios. Here are our standard commission rates:
Market | Commission Rate |
U.S. Stocks/ETFs | $0 |
Options | $0 + $0.65/contract |
Mutual Funds (No-Load) | $0 |
Mutual Funds (Load) | $20 |
Hong Kong | 0.03%, min $1.99 |
Singapore | 0.08%, min $2.99 |
China A-Shares | 0.03%, min $1.99 |
- U.S. Stocks and ETFs:
- $0 commission on trades
- No account minimums or trading requirements
- Options:
- $0 commission + $0.65 per contract
- No ticket charges or assignment fees
- Mutual Funds:
- $0 commission on no-load funds
- $20 fee on load funds
- Global Stocks and ETFs:
- Hong Kong: 0.03% of trade value, minimum $1.99
- Singapore: 0.08% of trade value, minimum $2.99
- China A-Shares: 0.03% of trade value, minimum $1.99
- Additional markets (fees may vary):
- Japan
- United Kingdom
- Canada
- Germany
- Australia
Commission-Free Trading Promotions
At Moomoo, we frequently offer commission-free trading promotions to provide our clients with even greater value. These promotions may include:
- Commission-Free Trading Period:
- Enjoy commission-free trades for a specified period (e.g., 180 days) upon account opening or meeting certain criteria.
- Enjoy commission-free trades for a specified period (e.g., 180 days) upon account opening or meeting certain criteria.
- Commission-Free Trading on Select Markets:
- Trade specific markets or asset classes without paying commissions for a limited time.
- Trade specific markets or asset classes without paying commissions for a limited time.
- Commission Rebates and Discounts:
- Receive rebates or discounts on commission fees based on your trading volume or account balance.
- Receive rebates or discounts on commission fees based on your trading volume or account balance.
- Refer-a-Friend Bonuses:
- Earn commission credits or cash bonuses for referring friends and family to open a Moomoo account.
Please refer to our website or contact our support team for the latest commission-free trading promotions and eligibility requirements.
Additional Fees and Charges
While Moomoo strives to keep our brokerage fees competitive, there are certain additional fees and charges that may apply in specific circumstances:
- Account Fees:
- Annual Account Maintenance Fee: $0 (waived for all accounts)
- Inactivity Fee: $0 (no fees for inactive accounts)
- Outgoing Account Transfer Fee: $75 (full or partial transfer)
- Trading Fees:
- Exchange Fees: Applicable exchange fees may be charged based on the market and trade type.
- Regulatory Fees: Regulatory fees imposed by governing bodies may apply.
- Short-Term Trading Fee: Fees may apply for frequent trading patterns (e.g., day trading).
- Margin and Borrowing Costs:
- Competitive margin rates based on account balance and trading activity.
- Interest charges on borrowed funds for margin trading.
- Other Fees:
- Wire Transfer Fee: $25 (domestic), $40 (international)
- Paper Statement Fee: $5 per statement (waived for electronic statements)
- Equity and Index Option Assignment Fees: May apply for assigned contracts
Fee Calculators and Transparency
To help you better understand and estimate your trading costs, Moomoo provides fee calculators and transparency tools:
- Fee Calculators: Use our online fee calculators to estimate commissions, fees, and overall trading costs based on your specific trade details and asset classes.
- Detailed Fee Schedules: Access comprehensive fee schedules that outline all applicable fees, charges, and rates for various products and services.
- Trade Confirmations: Each trade confirmation will clearly display the commissions and fees charged for that particular transaction.
FAQ
No, Moomoo does not have any hidden fees or account minimums. Our fee structure is transparent, and we clearly disclose all applicable charges upfront.
If you transfer your account from another brokerage to Moomoo, there is an outgoing account transfer fee of $75 charged by Moomoo. However, your current brokerage may also charge an additional fee for the outgoing transfer.
Moomoo regularly updates its website and communicates with clients through email and in-app notifications regarding any commission-free trading promotions, refer-a-friend bonuses, or other special offers. Be sure to check these channels frequently or contact our support team for the latest information.
