With moomoo, you can invest in U.S. stocks, options, ETFs, and other
opportunities. Build smart trading strategies with our real-time data and a
suite of powerful analytical tools at your fingertips. Trade smart,
together. EASY, BUT SMART TRADE • Gain market insight with over 50 FREE
Great but some improvements to be made
Downloaded the app yesterday and have mostly positive things to say. UI is great and trade executions seem like they will be simple. Some of the cool data points it adds in involving market attitude is really cool, Robinhood does nothing like that. And the live chat feature is cool too, hoping to see it more active as the app gets more downloads. My only qualm is with the free stock. Always great and not complaining just a comment on clarification. You get a certificate saying you can redeem it for the stock from $8-200. I got ZNGA and it seems like lots of people have. Just think you guys should clarify that it’s not $8-200 but the ability to redeem ZNGA for example from any value up to $8. Other than that fantastic program and hope to get more free stocks in the future, hopefully there’s a JNJ value stock in my future!
Better Info than Robinhood
Updated review: Thanks for the response. Glad to hear about the upcoming improvements. I will definitely check out the desktop app. If it's like the phone app, I think it'll be first-rate. First review: I like that you can see the bid and ask in real-time. The charts are much better than Robinhood. The main reason I have to move on is because of the PDT rule. Usually it's removed if you deposit $25,000. I got my account to 30k in a couple of weeks and emailed support to get it taken off. It's still on and I'm losing profits. Also you can only deposit 5k at a time so I had to do 5 transactions. I also prefer having a desktop version to work with. I recommend it if you're not an active trader.
The MUST have trading app
I’ve used RH, WB, And others and Moomoo is by far the easiest to use . Has the most detailed information out of All the investment apa. There are tons and tons of useful information and stats that NOBODY else gives you and I feel it’s giving me a huge advantage. There are too many to list but my favorite is being able to see the top performing stocks from each industry and see which industry is performing better then others etc . The possible combinations are endless. I also love how clear and easy it is to day trade and to know how many left you are allowed . You can trade from 1AM to 5 PM PST. Believe me . This is the most under rated app out there .
Awesome platform, but my bank isn’t supported
The platform is great. The free level 2 is a huge plus for day traders; that was one of the main reasons I downloaded the app. The more I played around with it, the more I found myself wanting to fund an account. So I went to do so, and my bank isn’t listed (I have a fairly popular bank that is supported almost everywhere, so it’s a bummer that it’s not listed here)...it would be nice to have an alternative funding option for people like me who aren’t willing to open new bank accounts under one of the supported banks so we can fund our trading cash account...but I’ll be holding onto this app for the lvl 2 trading and hoping my bank gets supported in the future
I wish I could came across this app sooner! I have always been intersted in learning about investment strategies. this app is the best place for me to get started. It is very easy to use. What I love most about this app is that it actually push you to take charge and be responsible for your own investment decision. There are so many apps like acorns and robinhood, they don't ask you to do that, and you become lazy and that will not land you anywhere good. Ultimately you need to grow and learn. moomoo is a perfect place to get started.
Very good App, loads of useful info, but...
So far I am mostly enjoying moomoo after switching from robinhood. The execution speed is fast and there is a lot of information and graphs at your disposal. However there is one thing in particular that is bugging me. I noticed that when I’m trading penny stocks, there is only 3 decimal places and is rounded. For example, instead of a stock’s price reading .2547 like it should, it reads a rounded number in .255. This may seem like nitpicking, but this does make a difference with the spread on penny stocks and seems like an easy fix. Thank you, and looking forward to continued improvements!
Great app.. however...
Great platform however there are a quite a bit of things that Moomoo lags behind other platforms making it inferior. First is you cannot even create any type of spread the option is just not available. Another is whenever I try to buy an option on the windows (pc) version it removes the chart and I cannot even look at the chart for an entry point, so you’re essentially shooting a bit blind there (I’ll admit this could be from lack of exp. on Moomoo but so far have not found a solution) And some other minor things like editing chart indices, etc.
Best in the business
Although the “learning curve” on all of the features and dimensions are a little challenging, I believe this is the most complete, advanced and practical trading platform. The extended trad8ng hours and funds with margin availability in addition to the speed of trade execution is outstanding! FYI: I have an engineering background with extensive computer programming and business analysis expertise. I have used almost every trading platform from the relics to the upstarts: TD, RH, E-trade, Firsttrade, WeBull...etc....
It’s not Free
1. It’s not free. I did 1 lot option trade till now and charges were - option buying fee .48 cents and option selling fee .12 .. 2. It does not show your position based on mark price as TD Ameritrade or Robinhood does. It just updates based on last traded price and it’s misleading as there might not be any trade but option price might have gone down. Eg let’s assume you bought 1 lot at 1.80 and price went up and last order price of option was 2 and meanwhile price reversed and went down to 1 however this app still show as 20 profit instead of 80 loss. 3. I see all these features + real-time option price in Webull( its way better than Robinhood) + cash account wherein you can do any number of day trade.
Only a few requests
Overall this is an excellent, feature rich platform to join the likes of other commission free brokerages. The quotes page is laid out beautifully. The analysis is greatly appreciated and provides low level technical pattern recognition. Lastly the order placement system is top notch, allowing really complex orders on a mobile platform is amazing. I have only a handful of recommendations that would make this platform really stand out. 1. Reduce the strength of the ma/ema indicators on the charts. The bold colors often obscure the candlesticks on shorter timeframes. Slightly reducing their alpha would make a huge difference. I often have to toggle the indicator on and off to get a clear picture of price action. 2. Integrating Stocktwits instead of the proprietary moomoo community chat system. It would be nice to have the stocktwits accounts I follow presented in the trading app itself. Other than that this is my go to brokerage from now on. Excellent work!
still a lot to work on
My job is focus on trading Hongkong stocks and some of the US stocks. For the first look at this app, it gives me a feeling that moomoo is pretty professional in this trading app business. You offer almost all kinds of charts and Corp info that a trader needs. But the interface make me sick, especially the font type. Looks like long tail caterpillar to me and compare to tiger or Robinhood, your font type is unfriendly and ugly. Hope to see that you can change another font type that looks more friendly and cooler.
for serious traders
I have good experience with moomoo. I dont have a huge portfolio, so using a free trading app is my go-to for investing in stocks. For the most part, the experience are excellent, the data is way better than robinhood and like most people talk about here, love their charts, very smart. I have a crash one time, but it is zero commission app, what else you want. Overall I think it is a great trading option if you want to do some serious trading.
I mainly got this for the mobile platform which I must say is quite impressive per my opinion. All in all moomoo has more than met my expectations as far as U/I goes and ease of use. Some or many may have a different opinion and that is perfectly fine also. A scanner would be great unless there’s something I am missing. Also, I am not able to find my wife’s account from my bank account. I do not know if this is a legal thing or not but just letting you know in case anything can be done about it. If possible, add Wescom Credit Union to your list of banks. I still rate it 5 stars as these are things that can be worked on and besides a few annoyances, it has been a very easy and fun app to use.
Pretty Dang Good
Very similar to Webull so if you can use that you can use this. I’ve found it easier to place trades on here though as you don’t have to go to a separate screen. Moomoo’s analysis and information sections are a bit different from Webull but it’s good cause it gives you more tools you can access. I found this app by accident and I’m honestly surprised more people don’t talk about this trading platform. I believe it equally lives up to the Webull, Think or Swim, and Robinhood platforms.
Great UI and easy-to-access technical indicators
This trading app is much better than Robinhood. It provides a lot of technical indicators, such as volume, macd, and moving average. In addition, 2nd level market information is extremely useful. One minor suggestion is that for option trading, please provide vertical/horizontal/diagonal spread features.
Yes. moomoo - Trade Stock & Option is very safe to use. This is based on our NLP (Natural language processing) analysis of over 1,142 User Reviews sourced from the Appstore and the appstore cumulative rating of 4.7/5 . Justuseapp Safety Score for moomoo - Trade Stock & Option Is 52.4/100.
Yes. moomoo - Trade Stock & Option is a totally legit app. This conclusion was arrived at by running over 1,142 moomoo - Trade Stock & Option User Reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, Justuseapp Legitimacy Score for moomoo - Trade Stock & Option Is 52.4/100.
moomoo - Trade Stock & Option works most of the time. If it is not working for you, we recommend you excersise some patience and retry later or Contact Support.
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