Get free shares allocated to you worth over S$140*
Sounds too good to be true? Read on.
moomoo Inc., is a subsidiary of Futu Holdings Limited, a company which is listed in NASDAQ (NASDAQ:FUTU) and backed by Tencent.
In Singapore, investment products available through the moomoo App are offered by to Futu Singapore Pte. Ltd. (“Futu SG”), a wholly-owned subsidiary of Futu Holdings Limited. Futu SG is a broker-dealer and custodian licensed by the Monetary Authority of Singapore, (License No. CMS101000).
They launched in Singapore in March 2021 and have been offering attractive sign-up offers to aggressively expand their customer base.
From now till 31 August, they are giving away 2 Pfizer shares and 5 Haidilao shares for free to new customers who sign up during this period. As of 3 Aug, they are worth approximately $145* in Singapore dollars.
What’s more, investors can enjoy commission-free trades for 6 months plus free access to Market Data for US and SG stock exchanges. T&Cs apply.
Steps on how to redeem your free shares
- Sign up for an account here and deposit a minimum of S$2,700, US$2,000 or HK$16,000 within 30 days of account approval. You will need to download the moomoo Trading App.
- Make 6 successful trades must or attain a Level 1 Trading Badge
- The bonus shares will be allocated to you automatically once you completed Step 2.
Tip: According to some users, you can easily complete Step 2 by buying and selling a non-volatile stock in the US market. That would make 2 trades. Do it 3 times to complete Step 2.Why US? Because you can buy a single share which sometimes cost you less than $10.
* T&Cs apply. Subject to price fluctuation.
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