Invest · Broker review
moomoo
Commission-free investing with advanced charting for Asian markets
$15 more per $10,000 than Interactive Brokers (FX cost only)
Not financial advice.This is a comparison of FX costs only. We don't recommend specific investments. Always consult a qualified financial adviser before investing.
Verdict
moomoo (Futu's international brand) offers commission-free US trading with competitive FX rates for Singapore and Australia-based investors. Its advanced charting tools and market data subscriptions appeal to active traders. Similar positioning to Tiger Brokers — compare the two side by side before choosing.
FX cost breakdown
FX cost comparison on $10,000 investment
Pros & cons
Pros
- Commission-free US stock and ETF trading
- Advanced Level 2 market data and charting
- MAS and ASIC regulated
- Access to HK stocks alongside US
- Cash management feature for idle funds
Cons
- FX cost higher than IBKR (0.25% vs 0.1%)
- Parent company (Futu) is China-based
- Not available in UK or Europe
- Promotion-heavy marketing — read T&Cs carefully
Who can use it
Markets available
Supported corridors
Regulated by
Frequently asked questions
What's the difference between moomoo and Tiger Brokers?
Both are backed by Chinese parent companies (Futu and UP Fintech respectively), offer commission-free US trading, and are MAS/ASIC regulated. moomoo has stronger charting tools; Tiger Brokers has slightly more history in Southeast Asia. FX costs are similar (0.2–0.25%). Try both with small amounts to assess UX.
Invest by market & home country
See how moomoo compares for your specific home country and target market — with FX cost, regulation, and tax notes.
US stocks
S&P 500
By country →
global ETFs
MSCI World / FTSE All-World
By country →
UK stocks
FTSE 100
By country →
emerging markets
MSCI Emerging Markets
By country →
Indian stocks
Nifty 50
By country →
European stocks
EURO STOXX 50
By country →
bonds and fixed income
Bloomberg Global Aggregate
By country →
REITs
FTSE NAREIT All REITs
By country →