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HomeInvestmentMoomoo Malaysia Review
⭐ Honest Review — Updated 2026

Moomoo Malaysia Review 2026

SC-licensed · US + Bursa + HK stocks · RM100 cash + RM1,700 AAPL for new users

Our Verdict

4.5 / 5 — Best for US + Bursa Investors

Moomoo is the top pick for Malaysian investors who want US stocks at near-zero cost while keeping Bursa access in the same app. SC-licensed, real platform (not a CFD broker), and the best new-user rewards in the market.

4.5★

Regulated by

SC Malaysia

US Commission

~USD 0

Bursa Fee

0.03%

New User Bonus

Up to RM1,800

Moomoo Malaysia Fee Structure 2026

MarketBrokerageClearingStamp DutyNote
Bursa Malaysia0.03% (min RM3)0.03%0.1% (max RM200)0% for first 180 days
US Stocks (NYSE/NASDAQ)USD 0.0049/share0.003%Min USD 0.99/order
Hong Kong (HKEX)0.03% (min HKD 3)0.005%0.1%

Moomoo vs Other Brokers Malaysia

BrokerBursa FeeUS StocksIPONew User Bonus
MoomooBest Pick0.03%~USD 0✅ RM0 feeRM1,800
FSMOne0.05%0.08% (min USD 8.80)RM25
Rakuten Trade0.1% (min RM7)❌ US unavail.RM5
Maybank IB0.1–0.3%None
Webull❌ (no Bursa)USD 0Varies

Moomoo Malaysia — Pros & Cons

✅ Pros

  • SC Malaysia licensed — regulated & safe
  • US stocks at near-zero commission
  • Bursa + US + HK in one app
  • Free IPO subscription (RM0 fee)
  • Advanced charting & level-2 data free
  • Cash Plus 6% p.a. on idle cash
  • Up to RM1,800 new user rewards

⚠️ Cons

  • No unit trust or bond investing (use FSMOne)
  • US min fee USD 0.99 — small orders expensive
  • Customer support via in-app chat only
  • Deposit ≥RM30,000 needed for RM1,700 stock bonus
  • IPO financing at 6.8% p.a. — adds cost

Moomoo Malaysia New User Rewards 2026

Deposit ≥RM1,000

RM100 cash coupon

Most achievable

Deposit ≥RM30,000

RM1,700 free AAPL stock

Best value

All new users

Cash Plus 6% p.a. for 30 days on idle cash

Automatic

*T&Cs apply. Rewards subject to qualifying conditions. Check Moomoo app for latest terms.

📈 moomooSC Malaysia Licensed · No.1 Trading App

RM500/Month for 30 Years = RM1.13M — via S&P 500 at 10% p.a.

Plus up to RM1,800 in new user rewards. SC Malaysia licensed. Invest in US, HK & Bursa stocks from one app.

Monthly DCA growth at 10% p.a. (S&P 500 hist avg)

Monthly10 yrs20 yrs30 yrs
RM300/moRM61kRM228kRM678k
RM500/moRM102kRM380kRM1.13M
RM531/moRM109kRM404kRM1.2M
  • SC Malaysia licensed — regulated & safe
  • 🎁Up to RM1,800 in new user rewards on sign-up
  • 🌍US, HK & Bursa Malaysia stocks in one app
Open moomoo Account & Claim Rewards →

*Complete deposit & first trade via this link to track rewards · T&Cs apply · RM100 coupon ≥RM1,000 deposit · AAPL stock ≥RM30,000 deposit.

Who Should Use Moomoo Malaysia?

Investors who want US stocks (Tesla, Apple, Nvidia, ETFs) at low cost
Traders who want both Bursa + US access in one account
IPO applicants — RM0 fee beats internet banking's RM1 per application
Beginners — clean UI, educational content, paper trading mode
Unit trust / fixed income investors — use FSMOne instead
Purely Bursa-only traders — Rakuten Trade or FSMOne may be cheaper
📈 FSMOne — Free RM25Expires 29 May 2026

RM670/Month for 30 Years = RM1M — At 0% Sales Charge

Plus RM25 free and 50% OFF fees for 30 days when you sign up with code 4G4TEP.

Monthly DCA → RM1M at 8% p.a.

Monthly10 yrs20 yrs30 yrs
RM300/moRM55kRM177kRM449k
RM500/moRM91kRM297kRM749k
RM670/moRM122kRM397kRM1.0M
  • 900+ unit trust funds including ASNB
  • 🌍Invest in Bursa, US (NYSE/NASDAQ) & HK stocks
  • 🔐SC regulated — iFAST Malaysia
Sign Up Free — Get RM25 & 50% OFF Fees →

Use code 4G4TEP · Min. RM100 deposit · Offer expires 29 May 2026 · T&Cs apply

Frequently Asked Questions

Is Moomoo Malaysia safe and legit?
Yes — Moomoo Securities Malaysia Sdn. Bhd. is licensed by the SC Malaysia. Client assets are held in trust accounts separate from company funds. Parent Futu Holdings is listed on NASDAQ (FUTU) and regulated in Singapore, US, HK, and Australia.
What are Moomoo Malaysia's fees?
US stocks: USD 0.0049/share (min USD 0.99). Bursa: 0.03% brokerage + 0.03% clearing + 0.1% stamp duty (max RM200). HK: 0.03% (min HKD 3). No custody fee, no inactivity fee. First 180 days new users get 0% Bursa commission.
How does Moomoo compare to FSMOne?
US stocks: Moomoo wins clearly — near-zero vs FSMOne 0.08% (min USD 8.80). Bursa: roughly equal (0.03% vs 0.05%). Unit trusts and bonds: FSMOne wins — Moomoo doesn't offer them. For US+Bursa combo, Moomoo is the better single platform.
What bonus do new Moomoo users get?
Sign up via referral: RM100 cash coupon (deposit ≥RM1,000) + RM1,700 free AAPL stock (deposit ≥RM30,000) + Cash Plus 6% p.a. for 30 days. Total up to RM1,800 for a RM30,000 deposit.
Can I apply for IPOs through Moomoo?
Yes — RM0 subscription fee. Open a CDS Account-IPO in the app, fund it, then select available IPOs under Markets → IPO. IPO financing available at 6.8% p.a. (0% if not allotted).