This was posted 1 year 4 months 22 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 (239)

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.

Related Stores

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closed Comments

  • +1

    so once it shows what stocks are coming, can I withdraw my $2k deposit right away ?

      • +2

        so I can withdraw my 2k … then sell the bonus stocks and buy some stock using those funds and get two more free ones?

        • It should work as well.

  • +1

    thanks to whoever use my link, got 4 GME and 1 AMC.

    • Such good luck. Mate.

      • How much is that worth?

        • A$140? I guess.

    • Very well done.

    • What a haul

  • I bought AMC today to make a trade and now its down already. I lost a few dollars ahahahaha

    • +1

      at least u wouldnt have to deal with capital GAINS lol

  • Macquarie was instant via payid.
    Westpac had a scam warning popup so I had to say not a scam, but the money still hasn't been transferred.

  • +1

    ING has a $1k daily limit for instant PayID / Osko. Calling their support line won't be able to help raise it at all.
    I ended up doing a BSB transfer, hopefully it shows up tomorrow

    • Open Macquarie account. It just supersedes all other accounts for such things.

    • this limit is being lifted from August I believe.

  • +1

    anyone knows how long does it take to withdraw?

    • +1

      I got my $2,000 deposit back within 24 hours from withdrawal

  • I referred someone but there is nothing in My Rewards?
    Thought it'd be instant.

    • When they made their trade, you'll get it

      • oh thanks for that, I thought it was going to be on deposit.

  • How to add my referral code up the top? Can't get the full url.

    • +1

      When you click on the share button (it has a black background) you will generate the full url. Don't click the white oval Copy button.

  • +5

    in 15 spins got 3 GME and 12 AMC, it tracks with my general luck picking stocks. thanks op.

  • In the referrer tab there are multiple options.. one says limited time offer.. what does that mean?

    • +1

      That’s the one you want to use.

  • Requested withdrawal before making the trade now assets are frozen oops. Hopefully I can sell the bonus ones and make a trade to get the two extra?

    Got
    AMC x6
    GME x3
    KO x1

  • Thanks OP - got US$140 worth of stock, queued up a MULN purchase and withdrew $1998.

  • +1

    I signed up and transferred $2000 via PayID at 8pm last night. After the amount didn't appear in the app, I thought I'd better complete my full Moomoo profile to see if that helps, I added and validated my email address and added my TFN to my account, then it said the account was approved and active. At 8.30pm I got a call from overseas, the guy didn't have very good English and the connection was bad, but he said my "momo" account was now created and active and he said I should deposit some money to get started. He asked if I have any further questions, etc. Then at 9.30pm I got an SMS from my bank saying there was a fraudulent transaction detected on my account and I need to call them urgently. I called them, and they said they would get someone to call me back. This morning a guy from Orion, an independent fraud detection services company called me, he asked about the $2000 transfer. The guy wanted a lot of details, "what is this moomoo app?", "why are you sending them money?", "who told you to send them money?", "who asked you to use that app?", "where did you get that PayID address?" etc. I answered everything truthfully, and he said he was happy to authorise the transfer on behalf of my bank, but he had me questioning my actions. Then at 2.30pm today I got a call from my bank, this guy said he reviewed my Orion report, and wanted to have a chat to me about the transfer some more. He asked me a lot of the same questions "why are you transferring money to this app?", "why told you to use this app for trading?", "do you know anyone else who uses this app for trading?", "have you done your own research to determine if it is a good idea to send them money?". All good questions, but it got me wondering why nobody else on this thread had reported anything like this, and if I did anything wrong or differently than others, to get this flagged.

    Anyway, eventually the transaction was released, and after only 1 hour the money landed in my Moomoo app. I got the 10 rewards, they ended up being 6 GME and 4 AMC, so pretty good result. I will sell them, then transfer the cash back to my bank I suppose.

    • To make you feel better, I ran into similar issue with NAB but the internal fraud team released the transfer after I have assured them I won't hold them liable. I think they just don't want you to become a victim of scam and then try to get compensation from the bank.

    • Oh and they blocked my internet banking access and my wife's (home loan offset join account holder where most of our money/debt is)
      I never knew that they could block joint account holders access just like that.

  • +2

    Thanks Op, just got $180 USD. Now to convince 3 friends to give their info to the Chinese…

  • I am also getting worried as ANZ also detected my PayID transaction is on hold, needed to call them to release my funds to Moo Moo..

    • Let us know how you go and when the funds arrive in your moomoo account.
      I also paid via ANZ and rang them to release the funds this morning, but it's still hasn't turned up.

    • Hey mate, how did appear in the transaction? Did it say the money was "onhold"?

      I also PayId'd from ANZ last night and still hasn't received but nothing being shown as on hold on ANZ side.

      • +1

        They told me the funds are released but can take a maximum of 72 hours. They told me at the latest 72 hours from today it should be there. Told me Sunday is the latest Moo Moo will have it
        . Playing this waiting game I guess

        • +1

          Had issues with ANZ previously where they say it's released their end… But then go back and forth and another rep from ANZ says it's been flagged internally by "Falcon" and they will put a comment for it to be released… Still took another 48 hours. And this was just my first payID transfer from my ANZ to ubank ACC. Might be worth asking the ANZ rep to check if the payment is stuck with Falcon

          • @SoccerPianist: Thanks guys my transaction was also flagged by 'Falcon' and goes through a 'quarantine' process.
            Will take upto 72 hours to get into receivers account.

  • How long does it take for the withdrawal to happen? I hope i didnt stuff it up. I got 10 shares fromthe 2000 deposit, ive put the trade in for mrln for tomoz on market. But i then request the redraw of the money back to my account excluding the 10us$ i currency exchanged to make the trade. Any ideas?

    • I did the same thing - it said 1-3 business days on the confirmation so if we're lucky, the money will be back tomorrow otherwise early next week,

  • +1

    My brother got so lucky with his.
    3x AMC, 7x GME and then after a trade his bonus 2 got 1x GME and 1x KO.
    $265 USD off 12 pulls.

    • Close - 5 AMC, 6 GME, 1 KO

      • +1

        I got 3x AMC and 7x GME but haven't got my extra 2 yet

    • Are you living at the same address as your brother? Wondering if it will work for both myself and my wife

      • +2

        Yep, also another commenter earlier said he did it for himself and then referred to his wife and it all worked.

        • Cheers pal

    • +1

      I got similar, 7 GME, 3 AMC, then 1 AMC, 1 GME.
      My 5 for referring was 4 AMC, 1 KO

  • Got 206USD:

    1x Coca-Cola
    6x AMC
    5x Gamestop

    Happy with that, thanks OP!

    • Hi, how long it took to receive additional 2 shares after 1 trade? I just boutght 1 AMC and waiting for 2 shares.
      Thanks

  • +1

    Hi team, nobody has recieved the shares yet right it still in processing as it says it takes 5-7 business days or is this an overestimate?

  • I did a payid this morning with ANZ - Nothing still.

    • +2

      Took 2 hours for my deposit to go through (CBA)
      Took 1 hour for my bank to be approved for withdrawal and 4 hours until they said 'withdraw complete'.

      Now waiting for it to appear back.

      • +1

        Update: received my money back 4 hours after they said withdraw complete. So 8 hours all up.

        • Cheers - I think ANZ has blocked it.

  • +4

    Lol Wtf I got 10 AMC shares. Gg…

    • +7

      bad luck. that's the worst here probably.

  • Will this work if I refer my wife with the same address?

    • +1

      You can invite your own family members that live with you.

      • Thanks

  • Can you still refer people if your own account doesnt have any deposited funds or trade history?
    I referred a family member and they got their 10 shares but Im still waiting for my deposit from stupid ANZ.

  • My free shares were arriving last night, then processing, and now disappeared from accounts page. Is that ok OP/@grace2050?

    • Check your account balance, it should be there. It will not disappear. Don't worry.

  • +1

    For super star referral, note that maximum referral benefit is 3 referrals:

    You can atmost get 15 free stocks in total for this referral campaign (not including free stocks for your friends).*

  • I accidentally withdrew before doing a trade to earn 2 more spins. You reckon once the stock rewards come through, I can use those funds for it?

    • Did the same thing, I'm hoping to do that.

  • Got about 150 USD. Not bad.

  • +5

    Remember to trade. Buy a stock to get additional 2 shares. All the trade fee and brokerage fee will be waived and refunded for 180 days.

    • +1

      So who can explain the following
      1. Exchanged AUD $1 to $0.66 USD
      2. Attempted to buy Mulan (Mullen Automative) 1 share for $0.17 USD
      3. Order fails due to max qty exceeded

      is it because US market not open or smt

      • Took about 10mins after converting for my USD to be available to make a trade

      • I tried the same and get insufficient buying power even though I have 0.66c US buying power

      • +1

        The fees are a couple dollars so need to convert enough

    • I bought a share of MULN yesterday but still havent received the bonus shares, is this automatic or do you think I need to find them somewhere else in the app?

      • it's not automatic u need to spin the wheel like for the others.

        • the wheel says I have zero spins left :/

          • @polarq: after buying my share (during open US market hours) it took about 10mins for a notification to come through to say I had some spins

            • @bohn: My trade has definitely gone through (got it yesterday) but no notification yet unfortunately

            • @bohn: ok I think that was due to me not using a referral code from ozbargain :(. oh well 10 free shares is still a good deal.

  • +1

    Does crypto count towards the trade? Just dont want to wait for stock markets to open up

  • Got 4 Gme 6 Amc. Not bad. Thanks

    • I withdraw my 2k out straight away when I got 10 spins. Then sold my 10 shares and ised the money to buy Muln to unlock another 2 spins.
      Got anothwr 2 Gme. 🤑

  • +1

    How long does it take for withdraw request to be processed?

    Says 1 to 4 days but trying to check if anyone has received fund back

    • +1

      I got my withdraw processed same day. About 8pm AEST it came through to my account.

      • thats awesome, thanks

    • +1

      Just got mine after requesting withdrawal around 11pm today.

    • Got the money into my bank after ~7 hours

  • +2

    Requested in morning and just got it in bank account

  • +2

    My withdrawal got processed today at 8pm. Initiated withdrawal around 12pm.

  • Got 5x AMC and 5x GME about $140 usd.

  • Got 3 GME & 7 AMC about 180 USD

  • Did you guys get the bonus shares straight away, i.e. ready to sell and then withdraw the 2000+ ~200 straight away? Mine all show as "pending" in the Stock Rewards section of the Accounts tab….

    • Same as you. Pending…

    • +1

      Says 5-7 days, but someone above said they will probably clear quicker

      • +1

        Just sold my shares, also got them all today, so cleared pretty quickly.

    • 10 cleared same day for me, already sold them, now waiting for the last 2 to clear to sell too

    • Mine were pending for about 12hrs then I got some more notifications to say they'd been received.

      Had already withdrawn my $2k by this point.

      Every man and his dog must be buying MULN though as my order for that is still sitting there 18hrs later waiting.

  • After deposit I found Lucky Draw 3 in My Reward with spin circle to click. Is this how we get free shares?

    • +2

      Yup.

  • +1

    Mine 10 free shares came just now, so 24hrs wait

    and my stocks dropped 7.13% in 2 days, unbelievable!

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