This was posted 1 year 5 months 19 days ago, and might be an out-dated deal.

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Sign up, Deposit $2,000 & Get 10 Free Shares (From A$7ea to A$419ea) @ moomoo

3100

Sign up, deposit a minimum $2,000 & get 10 free shares.

  1. Sign up
  2. Deposit $2,000 to score 10 free shares. (Deposit less than $2,000 you will get 3 free shares only.)
  3. Brokerage-free trading on US and ASX shares for the first 180 days.

Steps:
sign up and get approved using a website, then download an app and use it to deposit some $$.

Update:
For each stock buy and sell, Moomoo will charge a trade fee, minimize is $5.5, but for new users, they will refund all the trade fees before the 15th of next month. Also, within 180 days of new registration, trade will be free. Good deal for the investment.

Moomoo is licensed in Australia, and the client funds are held with HSBC Bank. I noticed that their parent company is Nasdaq listed. In Hongkong, it is one of the biggest brokers.

Thank you and enjoy!

Referral Links

Referral: random (231)

Referrer gets $10 Cash Coupon for each referee who signs up & downloads moomoo app for the first time, $10 Cash Coupon for each referee who opens their Moomoo AU trading account for the first time, and $30 Cash Coupon for each referee who makes an initial deposit of $100+ in their Moomoo AU trading account. (Referrer can get $50 Cash Coupon in total.) Maximum 10 referrals per referrer.

Referrer also gets additional 1 free Apple stock for referring 5 referees who sign up & download moomoo app, and deposit $100 for the first time.

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closed Comments

  • +46

    Moomoo logo sus ඞ

  • +2

    Just FYI, I signed up via the referral link a few weeks ago and didn't get the two shares.

    Had a chat with the support and they said I used a normal referral link not the special referral link .

      • +1

        Yes they have limited time reward referral code and normal referral code, which look like the same to me .

    • Did you complete a trade? This it what is said when I signed up via a referral link just then:

      "Deposit any amount to get 3 FREE stocks
      Deposit $2,000 to get 7 more FREE stocks
      Complete the first trade to get EXTRA 2 FREE stocks (Referral Only)"

    • Yeh, that’s why I made sure to put the special one in the system, same happened to me.

      Probably best you PM people to make sure you get the right referral.

    • Hi there. Team moomoo AU here. We are sorry to hear about your experience. Please get in contact with us by email at [email protected] or phone on +61 1300 086 668 and one of our team members will get in contact with you to try to resolve the issue. We are sorry for any inconvenience this may have caused and are looking forward to helping sort this out for you as soon as we can. Thanks! Team moomoo AU.

  • +6

    amogus

    • -2

      Did you mean Among Us?

  • +4

    Can you withdraw the $2,000 back without any fees?

    • +1

      Great question! Team moomoo AU here. Moomoo AU does not charge any fees for withdrawl, but the remittance bank and the intermediary bank may charge transfer fees (i.e. your own bank). For related fees and charges, please check with your bank. If you need more support, please don't hesitate to reach out to us as at [email protected] or on +61 1300 086 668. Thanks! Team moomoo AU.

  • Op, there is two referral code there. Not sure both code can be used to register to receive this offer.

    • Hey there. Team moomoo AU here, and we would love to help you out. Please get in contact with us by email at [email protected] or phone on +61 1300 086 668 and one of our team members will get in contact with you to try to resolve the issue.

  • +4

    I see you don't get your own HIN, and have read previously on OzB that this is less desirable than getting your own HIN.

    Any comments?

    • +3

      Just use them for bonus money. Use a broker like Stake (low cost & Chess sponsored) for your main share purchasing.

      • "Hi there! Team moomoo AU here. Here's a little bit of info about how we operate:

        To lower the transaction cost and better facilitate our services for our customers, moomoo uses a custody model to hold customer assets rather than issuing each customer with an individual HIN. This means that when you trade through moomoo, your assets are held on your behalf by moomoo on a single, omnibus HIN, however, you, the customer, remain the full beneficial owner of your assets. All dividends, income and other benefits attached to your assets are passed on to you in whole, including the eligibility to participate in corporate actions.

        You can also transfer your shares in and out of your moomoo account at any time.

        Your assets are fully segregated from moomoo's own assets, and in the unlikely event where moomoo AU gets wound up or otherwise goes out of business, your asset cannot be subject to any claims by moomoo AU's creditors.

        For more detailed terms and conditions around the custodial services provided by Moomoo, please refer to our Client Service Agreement, which you can find here:https://static.moomoo.com/upload/disclosure_and_agreements/au/Client%20Services%20Agreement.pdf?_=1684376861637."

    • +9

      They are not Chess sponsored, so you do not legally own the shares that you buy through their platform. This means, if MooMoo or their parent company were to go bankrupt, you may lose part or all of your investment.

      I would personally prefer a higher brokerage service (e.g. Big4 bank) and actually own the shares…

      • What about Stake in US shares? Please advise if you have any info

        • Stake US are held in trust and apparently backed by citi.

      • No us shares are chess. Aren't these held in trust though?

      • Doesn’t mean that though, the shares are held by a separate custodian. Loss would only occur though malfeasance, e.g. parent company accessing custodian assets, not just because the parent company failed.

    • +3

      No HIN no WIN

    • Thanks for the comments.

      • +9

        This promotion is for US shares. The CHESS system applies to the Australian market.

    • +2

      Hi there! Team moomoo AU here. Here's a little bit of info about how we operate:

      To lower the transaction cost and better facilitate our services for our customers, moomoo uses a custody model to hold customer assets rather than issuing each customer with an individual HIN. This means that when you trade through moomoo, your assets are held on your behalf by moomoo on a single, omnibus HIN, however, you, the customer, remain the full beneficial owner of your assets. All dividends, income and other benefits attached to your assets are passed on to you in whole, including the eligibility to participate in corporate actions.

      You can also transfer your shares in and out of your moomoo account at any time.

      Your assets are fully segregated from moomoo's own assets, and in the unlikely event where moomoo AU gets wound up or otherwise goes out of business, your asset cannot be subject to any claims by moomoo AU's creditors.

      For more detailed terms and conditions around the custodial services provided by Moomoo, please refer to our Client Service Agreement, which you can find here:https://static.moomoo.com/upload/disclosure_and_agreements/au/Client%20Services%20Agreement.pdf?_=1684376861637.

  • Can't pick Australia when signing up and choosing ID country. Anyone having this issue? Only Malaysia honk Kong Macau lol

  • +4

    Recommend - made close to $400 so far through this promo.

    • +2

      So just to confirm, you get the bonus shares, withdraw funds, and sell the bonus shares?

      • +3

        I withdrew everything after selling

        • +3

          How long did u need to wait after selling before the cash becomes available for you to withdraw?

    • Thanks for the recommendation! We are thrilled you liked our promotion. Keep an eye out for more in-app promtions for existing users. We have a bunch of exciting promos in the pipeline. In the meantime, why not check out our range of free education resouces, which cover topics such as how to pick a stock, how to read earnings reports and when the best time to enter the market is. We hope you find them useful! Team moomoo AU.

  • Yep this promo is great. Up there with the KFC bucket hunt as one of my favourite promos. Easy money.

  • +1

    Can someone please confirm if the deposit is AUD 2000 or USD 2000?

    • +5

      AUD 2000

    • Hi there. Team moomoo AU here. Confirming that it is a deposit of AUD$2,000. If you have any questions, please reach out to our team via [email protected] or +61 1300 086 668 and we'll be happy to help. Thanks! Team moomoo AU.

  • +1

    Got like $400 aud in shares from these guys. Highly recommend!

    • Is that from referral bonus?

    • How did you get 400$

      • Probably from referring others. I’m at close to $700 after 3 referrals.

        • 3 referrals max right?

          • +2

            @LLK: Yep - used to be unlimited but they changed it to 3 max mid way through the initial promotion

      • +2

        I joined, transferred 2k and bought 1 stock and got some free shares. Then referred the Mrs and got more from that. Hoping to get some more referrals haha.

        Hard to convince people it's legit with a name like moo moo haha

        • When you referred the Mrs, did she have to make a trade for you to get the bonus?

    • Explain, sir

    • Thanks for the recommendation! We are thrilled you liked our promotion. We occationally do more promotions in our app for existing users. We also have unlimited free access to investment education resouces, which cover topics such as how to pick a stock, how to read earnings reports and when the best time to enter the market is. We hope you find them useful! Team moomoo AU.

  • +2

    anyway to become a new customer again?

    • +2

      I doubt it, the KYC you need to do when signing up is more comprehensive than any Aus bank I have ever dealt with, so I am pretty sure they know who you are.

    • We are glad to hear you liked our promotion. We occationally do more promotions in our app for existing users. In accordance with our internal policies and procedures, users are unable to close and open a new account within a six-month period. We encourage you to reach out to us again after the six-month period has lapsed. Please note that there are no new customer rewards after a user has re-opened an account. Thank you for your patience and understanding. Make sure you keep tabs on our ongoing promos - we're always updating with exciting rewards. If you have any more questions, please get in contact with us at [email protected] or +61 1300 086 668, and one of our team members will get in touch. Thanks! Team moomoo AU.

  • -3

    Based on the different probabilities for each of the awards, the average payout is actually only USD$15.56 which is about AUD$23. ie: you are likely to only get a USD$21.80 or USD$5.17 award. (That's per share, so perhaps 10 times this??) I'll update this comment again once I have mine. ;)

    • -1

      Yep, I am pretty happy with an expectations of $230. If that seems too little for you, you can probably try the Powerball :)

      • I sold all my shares and netted about AUD$300. Have not withdrawn it all yet, but pretty happy so far.

  • +1

    new to trading.. is it safe to risk $2000.. reputable and safe?

    • +2

      Yeh, I’ve had my family and others sign up too all got their deposit back. Just make sure you get the correct referral, might be worth pming someone

  • +1

    No gamble responsibility warning?

    • +1

      Yeah you win some you lose more

  • how soon do you get the 10 free shares after depositing $2k?

    • +1

      should be 3-5 minutes after the fund arrived in your account.

      • is deposit instant?

        • It should be because it's PayID but mine wasn't.

    • "Team moomoo AU here! We'd love to help answer your question. Here are some instructions:

      1. After completing the corresponding deposit task, click the 'Spin' button on the promotion page.

      2. The stocks won in the lucky draw will be issued to your trading account within 5-7 working days.

      3. To view your stocks, hit [App-Account] > and [Stock Rewards], located at the bottom. (To ensure you will find them, please use the latest version of the moomoo app.)

      Please note: Spin chances will expire in 30 calendar days from when they are awarded, if not used. You can check the Expiry date via ""App-Me-Rewards"".

      If you have any more questions, please get in contact with us at [email protected] or +61 1300 086 668, and one of our team members will get in touch."

  • +2

    Thanks OP.
    Got $200USD in stocks. 1 KO, 5 GME and 4 AMC.

    • Congrats and good luck!

    • +1

      Where to see the stocks received?

      • Hi there! Team moomoo AU here. After lucky draw, you will able to see the free stocks under "Accounts" Tab. Thanks! Team moomoo AU.

  • Where is the referral link?

    • +2

      Under OP's post where it says "Referral link", click "Random" and it will generate a referral link randomly from those that have submitted their referral links

      • Silly me.
        Thank you!

    • Hi there! Team moomoo AU here. If you intend to invite your friend to join Moomoo, please refer to following steps: Open your "Moomoo" APP - "Me" - "Invite firends" - "Share your own referral code" Thanks! Team moomoo AU.

  • Thanks OP, worked perfectly for me, got 10 shares

  • What is the "correct" referral?

    • Under OP's post where it says "Referral link", click "Random" and it will generate a referral link randomly from those that have submitted their referral links

      Copy from the previous answer

      • That’s not true, some people have added their regular referral link not their SUPER referral link

        • -2

          The link starts with j should be the SUPER referral link. Like j.xxxx.com
          Yes, I confirmed with customer support.

          • @grace2050: That’s also not true, it starts with the regular MooMoo invite, the difference is the code

            • +1

              @cheekymonkey97: Everyone should just click 375 times until they find my referal link 🫢

          • +4

            @grace2050: The landing page will describe the bonus details.
            If it does not match the expectation then use a different random link.

          • @grace2050: Can confirm both the Superstar and normal referral use the exact same link (invite-code.moomoo.com).
            But they also both show the exact same details/bonuses on the page, matching this deal, so… *shrug

            • -1

              @wangasm: Thanks for the updates. I am asking if they could provide a unique link or code for Ozbargainers. Then, everyone can get 2 extra shares. It is more fair.

  • I signed up to some other company that gave me free shares. Anyone remember what that offer could have been?

  • What to trade if that is even required?

    • +1

      You get an extra 2 shares if you trade so just buy another AMC or something

  • Here's the link to the offer

    https://fego-au.moomoo.com/welcome_rewards?

    • I've edited this comment to stop people reporting it as a referral link. It's not a referral link.

      • +2

        Thanks. I found it via google and thought I’d post it as it actually had info about the promotion rather than the plain sign up link in the original post.

  • I signed up using Ops link and opened a trading account and deposited 2000$ and see the money in the account on the app but still haven't received the 10 free shares? When do you Normally receive it?

    • See my comment below

  • +7

    that was a fun 10 mins navigating moomoos app😂 but free money is free money. Thanks OP got 187usd. Just waiting for it too process. If anybody is having difficulty getting the shares, after you dep $2k head to the app (couldn't find it on the website via phone) go to the me tab then hit the my rewards. Should get some lottery page, spin the wheel and watch the rigged lottery spin. Reminds me of the Temu app. Wish there was an option to skip and just receive all the shares in 1 go

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