Moomoo cash plus

[devion]

Need to do 7 buy trades with no min amt per trade for the higher returns offer of $380 for a month of ~80K deposit,

 

[CWL84]

Need to do investments?

No need, subscribing to the Fullerton fund qualifies for the promo as well.

 

[init00]

5.8% is only for 30 days. not worth the hassle.

 

[royalmix]

Need to do 7 buy trades with no min amt per trade for the higher returns offer of $380 for a month of ~80K deposit,

Yes, you are right, read the fine print!

 

[kurt111494]

No need, subscribing to the Fullerton fund qualifies for the promo as well.

How are the returns for this so far?

 

[hwmook]

How are the returns for this so far?

You can't open the app and see for yourself?

 

[sohguanh]

5.8% is only for 30 days. not worth the hassle.

It benefit those that is already existing customer. For ppl want to open account just for that one month yes not worth the hassle

 

[jtsh55]

Hi all, saw recently that they have a promotion of guaranteed 5.8% for a period of time?

Anyone has any reviews of this Moomoo Cash Plus? Good to have for a short term of a few months to 1 year?

Thank you!

Need to do investments?

Full T&C for the 5.8% per annum promo.

https://www.moomoo.com/sg/support/topic5_727

 

[pratik28]

Need to do 7 buy trades with no min amt per trade for the higher returns offer of $380 for a month of ~80K deposit,

I think there are 2 different promo for new user and existing user.
If you existing user, you need buy trades but if you new user no need buy trades to qualify for 5.8% for 30 days

 

[royalmix]

I think there are 2 different promo for new user and existing user.
If you existing user, you need buy trades but if you new user no need buy trades to qualify for 5.8% for 30 days

Wah, good luck new users! Me old liao!

 

[sohguanh]

I think there are 2 different promo for new user and existing user.
If you existing user, you need buy trades but if you new user no need buy trades to qualify for 5.8% for 30 days

New user is a different promotion.

New user
https://www.moomoo.com/sg/support/topic5_128?from_platform=4&platform_langArea=sg
Existing user
https://www.moomoo.com/sg/support/topic5_728?from_platform=4&platform_langArea=sg

 

[a4973]

So for New User this clause "(vi) Moomoo Cash Plus 5.8% p.a. Guaranteed Returns (Max. cumulative of S$80K subscription, valid for 30 days)" means that 5.8% Guaranteed Returns only on the 1st 80k?
What if deposit 100k?
What is the return for 100k?
Also about this clause "(v) 1 Year commission-free for SG market (includes only stocks, etfs and reits)"
I have some small holdings of comfortdelgro, sbstransit, Singtel, starhub shares that were from my deceased father's estate. So can I use moomoo to sell all the shares and benefit from the 1 year commission free?
So commission is Free then is it truly zero cost for me to sell the shares? Any other costs apart from the commission?
Also can moomoo sell odd lots of shares?

Thanks to moomoo experts for your response.

 

[addict951]

Then hor, can somebuttie shed some light on this fund thing?
I read the part if you trsf in 80K liao still need to buy some fund and they will maintain the 5.8% by making up the shortfall? Catch no ball about the entire fund part.
So is the 80K capital guaranteed anot?
How soon do they give you the $381? TQ NTB here

 

[addict951]

Question to existing users: is moomoo a custodian for SGX shares, meaning like DBS Treasures & SCB Trading? Or full-fledge linked to CDP type brokerage like POEMS, UOBKH, etc? TQ

 

[a4973]

Question to existing users: is moomoo a custodian for SGX shares, meaning like DBS Treasures & SCB Trading? Or full-fledge linked to CDP type brokerage like POEMS, UOBKH, etc? TQ

This i just spoke to moomoo CS, must transfer in stocks from CDP

 

[addict951]

This i just spoke to moomoo CS, must transfer in stocks from CDP

Then your pa’s shares cannot sell thru moomoo hor? Unless transfer to moomoo and pay a fee

 

[a4973]

Then your pa’s shares cannot sell thru moomoo hor? Unless transfer to moomoo and pay a fee

Yes must transfer to moomoo.
Was told no fee for transfer in guess is because bring in business. Maybe transfer out will have fee.

 

[cherryboom]

Need to do investments?

no.

 

[cherryboom]

any one wants to open account with moo moo and put $$$ into cash plus let me know. i give you my referral link, you sign up from there.

 

[a4973]

any one wants to open account with moo moo and put $$$ into cash plus let me know. i give you my referral link, you sign up from there.

Any benefits?