Moomoo Trading Fees and Account Types Explained in Detail

What Account Types Can Traders Open with Moomoo?

Moomoo provides a single, streamlined account structure designed for retail investors who want access to multiple global markets within one platform. Instead of offering a range of different account tiers, Moomoo focuses on simplicity, making it easier for beginners and experienced traders alike to understand the costs involved. The account supports trading in Malaysia, Singapore, the United States, and Hong Kong stock markets. Traders benefit from zero commission on MY, US, and HK stocks, along with free IPO financing solutions and AI-powered tools for research and execution.

The platform does not advertise complex account categories such as Standard, Pro, or Premium. Instead, it integrates stock, ETF, options, and other trading instruments under one unified retail account. This approach minimizes confusion and ensures transparency. Traders can also explore a demo account for practice, while an Islamic account option is not explicitly mentioned.

By structuring its offering this way, Moomoo makes it clear that its competitive edge lies in low fees, global market access, and simplicity rather than multiple account tiers. For traders comparing platforms, the most critical factors are deposit requirements, leverage, and the structure of spreads and commissions—all of which we detail below.

What Accounts, Minimum Deposits, and Leverage Does Moomoo Offer?

Moomoo's account setup is straightforward. All users open the same type of account, but trading conditions such as leverage and minimum deposit requirements differ by region. Based on our review, leverage can go up to 1:20 depending on the instrument, while the entry barrier for deposits is relatively low.

This structure highlights Moomoos focus on retail trading simplicity, without overcomplicating account categories.

What Are the Spreads, Commissions, and Fees at Moomoo?

The most attractive aspect of moomoo trading fees is its commission-free stock trading in major markets. Traders in Malaysia, the U.S., and Hong Kong can buy and sell shares without paying commission. However, some services such as margin trading, short selling, and certain financing solutions may include costs. Spreads are highly competitive, especially for U.S. and HK equities.

By removing commission barriers, Moomoo provides cost-effective entry into stock markets. For traders using leverage or margin, it is essential to review financing charges before committing.

FAQs about Moomoo Account Type and Fees

Q1: Does Moomoo charge hidden fees?

No, Moomoo is transparent about its fee model. Stock trading in MY, US, and HK is commission-free, though financing charges for margin apply.

Q2: What is the minimum deposit to start trading with Moomoo?

The minimum deposit requirement is relatively low and can start from zero, depending on the payment method. However, traders should verify currency conversion and bank charges.

Q3: Does Moomoo provide an Islamic trading account?

At present, Moomoo does not explicitly state support for Islamic (swap-free) accounts. Muslim traders may need to confirm directly with customer support before registering.

Risk Disclosure

Moomoo is regulated by the Monetary Authority of Singapore (License No. CMS101000, Moomoo Financial Singapore Pte. Ltd.), which provides oversight and investor protection. However, trading leveraged products involves significant risk. Costs may increase when using margin or financing tools. Traders should only invest money they can afford to lose and carefully evaluate Moomoo's fee structure before committing funds.