moomooReviews of moomoo.com

I'm completely new, and know nothing about buying and selling stocks. I suppose this site is about as good as any to educate me, or at least get my feet wet.

Stock are so easy to trade on the trading platform, easy to access your account

Opening account was easy. So much hassle after that for transfer of funding to account. I was hoping to start trading soon but without funding enough money I couldn’t start trading and now I think I shouldn’t have opened account with Moomoo.

Order executions won’t go trough Problem with withdrawing monay Very confusing website or I would say what the f…is going on with your website!!

I use my desktop computer to trade, very steep learning curve to learn the platform, simple task of rolling an option is not available, only available on mobile platform. I have to navigate to watch list tab to look at my portfolio and also for charts. There’s NO P &L chart for an option trade, THE most important thing for option trading . There’s lot of useful information on the platform, reason for signing up. I really would like to some tutorial videos added for users like me. The one thing I would like is adding a feature that allows the cost basis of ongoing trade I would be happy to answer any questions

I am ready to close my account and move to Webull due to Moomoo’s terrible capital efficiency and predatory forced closures. As a vertical spread trader, capital efficiency is key. Moomoo holds an excessive $200 per contract in buying power, while Webull only holds $100 for the exact same risk. Furthermore, Moomoo frequently forces liquidations on expiring Friday positions—even when safely out-of-the-money. Instead of closing at the minimum $0.01 rate, your system routinely forces fills at $0.02 or $0.03. This past Friday, your risk department forced out my SPY 721/720 and 714/713 spreads at these inflated rates. This has happened so many times over the last couple of years that it has drained hundreds of dollars from my small account. I cannot afford these arbitrary, death-by-a-thousand-cuts fees anymore. I am demanding a refund for the unfair liquidation fees on Friday's SPY trades. If Moomoo cannot offer competitive margin requirements, fair execution, and reverse these predatory charges, I am migrating my funds to Webull immediately.

Moomoo has a lot of details for technical analysis. If u are a deep analysts, then it is good for u. Otherwise u can just switch those info off. The AI function is also very useful for beginners.

There are so many trading apps which promise everything asides the kitchen sink, Moomoo were different they give you all the information you want, are 100% honest and I’ve bought a couple of low value with the intention of investing more…a few too many alerts but you can ignore…we’ll see