This was posted 1 year 12 days ago, and might be an out-dated deal.

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Sign up, Deposit $100 & Hold for 30 Days for 3 Free Shares ($2000 for 8 Shares, $5000 for 15 Shares) @ Moomoo

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Sign up, Deposit $100 & Hold for 30 Days for 3 Free Shares ($2000 for 8 Shares, $5000 for 15 Shares) @ Moomoo
Go to Deal
Cashback
PDandiloin on 10/11/2023 - 20:40 moomoo.com (248 clicks)
Last edited 05/12/2023 - 17:26 by 1 other user

As the promotion details have changed, here is a new opportunity to get a bonus from signing up
And depositing with Moomoo.

Promotion available available only to new clients of Moomoo AU who haven't made a deposit
Promotion extended on 24/11/2023 to 31/12/2023.

Deposit any amount to unlock "Premium Privileges"
Deposit AUD$100 to receive 3 stocks (previously $500 deposit required)
Deposit AUD$2,000 to receive 5 more stocks
Deposit AUD$5,000 to receive 7 more stocks

Sign up using a referral to receive 1 free stock (no deposit & hold requirements)
-> total of maximum 16 free shares possible

TLDR: Deposit and get shares. Higher deposit, more shares.

Prize pool includes (probability):

Tesla (0.001%)
Apple (0.005%)
GameStop (9.994%)
Lucid (30%)
Under Armour (30%)
Sabre (30%)
Additional info:

Gift shares will remain 'frozen' until you have maintained your Daily Average Asset Value for 30 days (e.g. $5000 for the maximum spins, lower for less spins)
a drop of value of up to 20% below the threshold is permissible
Moomoo charges trading fees but these are reimbursed within the first 180 days.
the full T&C can be seen by clicking on the deal link

Referral Links

Referral: random (243)

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.

Financial Brokerage Share Trading Shares (financial)

Related Stores

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closed Comments

  • Feeblely on 10/11/2023 - 21:19

    How much are the 16 shares worth

    • Classo on 10/11/2023 - 21:22
      +1

      Depends what you get, from their T&C:
      TSLA US$245.01
      AAPL US$189.46
      GME US$18.42
      LCID US$6.36
      UA US$6.80
      SABR US$3.35

      The above indicative market price of each stock is based on the closing price on 07 July, 2023. The above market prices are indicative only. Prices of gift shares may fluctuate subject to market movements and, as a result, the value of the gift shares may change when they are allocated to your Account.

      • Feeblely on 10/11/2023 - 21:23
        +2

        So it's drawn randomly? I can get 10 SABR =$33 and then 6 UA= $42?

  • Dandiloin on 10/11/2023 - 21:27
    +1

    I think the AVG is like 170$ overall, it was worked out in a previous moomoo post

    • Feeblely on 10/11/2023 - 21:28

      Thanks

      • Dandiloin on 10/11/2023 - 21:29

        You could get 500$ or 100$, the terms and conditions states the % of each share and chances.

  • fremeer on 10/11/2023 - 21:34

    About $140 AUD expected value.

    If you look at only the lower tier shares it's about $115 AUD that will probably be the more median result.

    The worst result you can get is $80 AUD

    Decent return for just holding it there for a month.

    • arcticmonkey on 10/11/2023 - 21:36

      The worst result is losing over $1000 of $5000 isn't it going by the OP?

      • fremeer on 10/11/2023 - 21:44

        Think that's if you buy shares with your 5000. If the value of said shares drops to 4k you still get the maximum shares. Not sure how it works with just depositing and holding for a month then cashing out.

        If you can do the latter it's about equivalent of a 30% pa term deposit.

        • Classo on 10/11/2023 - 21:56

          Deposited 5K but still waiting for it to allow me to spin the wheel? Anyone else experience this?

          • Classo on 10/11/2023 - 22:03

            @Classo: Ah, it's in the Me section then My Rewards

  • sticky8anana on 10/11/2023 - 21:41
    +2

    what happens to your deposit ? can you withdraw straight after receiving the shares ?

  • rumbleue on 10/11/2023 - 22:02
    +2

    Better to go with this promo with Webull (ends on the 15th): https://www.ozbargain.com.au/node/808877

    No minimum deposit required, so you can deposit $1, then get $200 worth of Tesla shares.

    • callum9999 on 10/11/2023 - 22:35
      +3

      They're not mutually exclusive.

    • CrispyChrispy on 10/11/2023 - 23:33
      +1

      Sign up for both :)

  • Bullish01 on 11/11/2023 - 00:17

    Can you keep the 5000 aud as deposit and don't buy any share? would you still get the 15th wheel spin at the end of the month?

  • Dandiloin on 11/11/2023 - 08:48

    Pretty sure you can

    When it says drop 20%, if you invested 5k in shares and 30 days later its worth 3.5k, then your rewards be based on 3.5 deposit? but you can leave the 5k in cash, and in 30 days you have 5k still

  • bambadee on 11/11/2023 - 11:46
    +1

    Among Us?

  • London on 11/11/2023 - 15:44

    The easiest way to get free shares is through referrals!
    The referee receives 1 free stock after opening a new trading account, and the referrer gets 3 free stocks after the referee qualifies.
    I just did it and got my share without depositing any money. Now, I'm going to refer my wife for even more free shares.
    I'm also planning to deposit $100 for an additional 3 shares.
    Additionally, there are free points that can be earned by completing tasks for even more rewards.
    It's pretty easy!

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