How to Open and Fund Moomoo Account (Complete 3-Steps Guide)
Setting up Moomoo Account Singapore account is easy and it only takes you less than 10 minutes. To make your life even easier, we have created a step by step guide for beginners to create your new account with Moomoo.
Best Easy To Use Trading App For Investors
Minimum investment: $0
Stock/ETF Commission Fees: $0 for US, 0.03% for SG, HK
Options Fees: $0.65 Per Contract
Markets: United States, Hong Kong, China, Singapore
Suitable For: Beginner and Experience investors looking to invest in both locally and internationally.
First step to get started in investing is by opening a new brokerage account.
Moomoo is not only one of the major brokerage firms in Singapore that is MAS regulated, it is very user-friendly, and offers many free investing tools for you to grow your wealth.
- Get started in investing with Moomoo with as little as $1.
- Start growing your idle cash using Moomoo Cash Plus Account.
If you are wondering how to setup your Moomoo Account, simply follow our step guide to get started.
PS. I uses Moomoo Singapore for many of my investment, and I really like the Moomoo platform, it is easy-to-use, low fees, MAS regulated.
3 Steps Guide to Set Up A Moomoo Account For New Users
- Step 1: Sign Up A New Moomoo Account
- Step 2: Filling In Your Moomoo Account Details
- Step 3: Funding Your Moomoo Account
Step 1: Sign Up A New Moomoo Account
Sign up for a Moomoo account using this link.
You will be re-directed to the Moomoo signup page.
PS: You will get an exclusive sign-up rewards when you use our IB’s link.
Now, click on the “Start Now” button on the page to continue your sign-up.
You will be asked to provide your phone number for signup.
Once you’ve enter your valid phone number, click “Next”.
You’ll be greeted by the verification code page to verify your phone number.
Step 2: Filling In Your Moomoo Account Details
After you’ve confirmed your phone number sign up, you can fill in your details to complete your account.
You can fill in your account details in one of 2 ways:
Option 1 (Recommended): Sign-up with Singpass.
If you are a Singaporean or a Singapore PR, you can use Singpass for your Signup.
Simply click “Continue with Singpass” and you will get all the required information filled up for you.
Option 2: Sign-up Manually.
If you are a foreigner residing in Singapore, or for some reasons why you don’t want to use your Singpass (I seriously can’t think of any), you can enter your details manually as well.
Once you’ve entered all your details, you will be greeted by the confirmation page.
Here you can check your personal details you’ve entered:
- Full name as per your NRIC
- Date of Birth
- Gender
- Singapore Address
- Etc.
Once you’ve check all your personal details, click “Next”.
Step 3: Funding Your Moomoo Account
After you’ve done that, it is time for you to get serious and start funding your account.
There are many ways for you to fund your account:
- DDA (Popular): Link your Moomoo Account with your DBS/POSB account for instant deposit
- Bank Transfer: Direct bank transfer
- PayNow: Use PayNow to fund your account
- Wise: Transfer using Wise (Transfer fees may apply)
Once, you’ve selected your option, you can start making your fund transfer.
Personally, I prefer “Instant Deposit via DDA”, it is free, instant and the most convenient.
“Instant Deposit via DDA”, it will let you link to your local bank DBS/POSB.
After your linking is successful (usually within 1 business day) you can start making your account funding.
Click on “Instant Deposit via DDA” and you will be greeted by a screen that ask you how much do you want to deposit.
- Choose the bank account you’ve linked
- Enter the amount to be deposited
- Click “Submit”
PS. If you fund your account with S$10,000, you will be eligible for additional welcome rewards.
Next a conf9irmation page will be presented to should you the amount that have been deposited.
- Transfer from and to
- Request submission details
- Fund deposit status.
From my own experience, the fund deposit is really fast within 30 seconds to 5 minutes.
Once your account is funded you can get started and invest using Moomoo platform.
Moomoo offers you the option to invest using both their Moomoo Online Trading App or Moomoo Desktop Software
Want To Know More About Moomoo Singapore
If you want to know more about Moomoo Singapore you can get started by checking our articles where we go into details into Moomoo Singapore platform.
- Investing: Full Moomoo investing and trading platform Moomoo Singapore Review
- CMA: Moomoo cash management account Moomoo Cash Plus Review
- Transferring: Step by step process transferring stocks to Moomoo account
- Promotion: Moomoo latest promotion
- Using Moomoo: Guide to use Moomoo for trading
- Extra S$20* FREE Cash Coupon.
- Claim 4 x FREE stock bundle worth S$280* with $10,000 deposit & 8 buy trades.
- Get additional S$243* FREE AAPL stock with $100,000 deposit.
- Earn 31 days 6.8%* p.a. return on idle cash with Moomoo Cash Plus
- Low commission fee for SG & HK stocks, ETFs & options.
- Lifetime $0 commission free* for US stocks.
Moomoo Promo: Low Commission + Free Stock
Disclaimer: The information on this page is for your convenience only. By accessing this website you’ve agree on our T&C. We do not offer tax or investing advisory or brokerage services, nor do we recommend or advise anyone to buy or sell particular stocks, securities or other investments.
Disclaimer: All views expressed in the article are independent opinion of the author, based on my own trading and investing experience. Neither Moomoo Singapore or its affiliates shall be liable for the content of the information provided. This advertisement has not been reviewed by the Monetary Authority of Singapore.
* T&C Applies
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Frequently Asked Questions (FAQ) for Moomoo Account Sign-up
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Antony C. is a dividend investor with over 15+ years of investing experience. He’s also the book author of “Start Small, Dream Big“, certified PMP® holder and founder of IncomeBuddies.com (IB). At IB, he share his personal journey and expertise on growing passive income through dividend investing and building online business. Antony has been featured in global news outlet including Yahoo Finance, Nasdaq and Non Fiction Author Association (NFAA).