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    Moomoo
    Financial Services

    Moomoo

    Japan flagJapan

    "Trading for everyone"

    Founded 2018 Hong Kong CEO: Edward Yang
    Community

    About

    Moomoo launched in 2018 as the global trading arm of Futu Holdings, a Hong Kong-based financial services group. The platform targeted the United States first before expanding into Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. Moomoo Technologies Inc. operates the app technology while local subsidiaries handle regulated brokerage activities in each region.

    The service provides commission-free trading for US stocks, ETFs, and options alongside real-time market data and educational resources. Users can practice with paper trading accounts before risking real money. The platform differentiates itself through advanced charting tools and Level 2 quotes typically reserved for institutional investors.

    Despite rapid growth reaching over 30 million users worldwide, the company has faced regulatory scrutiny. Disciplinary actions occurred in both the United States and Japan regarding compliance issues at various points in its history. Futu Holdings Ltd. remains listed on the Nasdaq under the ticker "FUTU".

    Products & Sub-brands

    Commission-free stock tradingETF tradingOptions tradingPaper trading accountsLevel 2 market dataIPO allocationsMargin lending

    Frequently Asked Questions

    Is Moomoo a legitimate broker or a scam?
    Yes, Moomoo is a legitimate, regulated brokerage owned by Futu Holdings, a Nasdaq-listed company. It is supervised by major financial regulators including the SEC and FINRA in the US, and local authorities in other countries where it operates.
    Who owns Moomoo and who is the CEO?
    Moomoo is wholly owned by Futu Holdings Limited, which is listed on the Nasdaq. The company was founded and is led by Edward Yang (Yang Xiaoyan), who serves as the Chairman and CEO.
    What are the fees and commissions on Moomoo?
    Moomoo offers commission-free trading for US stocks, ETFs, and options. However, users may incur fees for certain services like wire transfers, specific data subscriptions, or margin borrowing, and there are regulatory fees applied to trades.
    Is Moomoo still in business and how many users does it have?
    Yes, Moomoo is actively operating and continues to expand its global footprint. The platform reports serving over 30 million users worldwide across North America, Asia, and Oceania.
    How does Moomoo compare to Robinhood or Webull?
    Moomoo generally offers more advanced charting tools, deeper market data (Level 2), and a wider range of investment products than Robinhood, while maintaining a similar zero-commission model to both Robinhood and Webull.

    Keywords

    MoomooFutu Holdingsstock trading appcommission-free tradingretail investingmobile brokeragelevel 2 datapaper trading

    Sources

    WikipediaMoomoo NewsGoogle Search ResultApple App StoreTrustpilot

    Company Info

    Founded
    2018
    Founder
    Edward Yang
    CEO
    Edward Yang
    Headquarters
    Hong Kong
    Industry
    Financial Services
    Parent Company
    Futu Holdings Limited
    Global Users
    Over 30 million
    Stock Ticker
    FUTU
    Launch Year
    2018
    Primary Markets
    US, Singapore, Australia, Japan, Canada
    Regulatory Bodies
    SEC, FINRA, MAS, ASIC, FSA Japan

    Official Website

    www.moomoo.com/

    Links

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