Overview of moomoo fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • it denotes the difference between the bid and ask price. When you trade forex, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

Now, let's dive into the details and see what commissions, spreads, and financing rates moomoo charges.

moomoo commission and other fees
moomoo commission and other trading fees

The good news is that moomoo has low trading fees in general. We ranked the fees of moomoo as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether moomoo commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of moomoo commission and other trading fees
moomoo Webull Alpaca Trading
Stock and ETF Low Low Low
Forex - - -
Fund - - -
Bond - - -
Options Low Low -
Futures - - -

Now let's go over the trading fees for each asset class one by one.

moomoo stock and ETF commissions, spreads

moomoo stock and ETF commissions are low. moomoo stock and ETF commissions are charged as per the table below.

moomoo stock and ETF commission
moomoo
US stock $0 per trade

You can compare moomoo stock and ETF fees with the two closest competitors.

moomoo stock and ETF commission, spreads vs competitors
moomoo Webull Alpaca Trading
US stock $0.0 $0.0 $0.0

Stock and ETF commissions are calculated for a $2,000 trade

moomoo options commissions

You can see below the description of moomoo options commissions. moomoo options fees are low.

moomoo options commissions
moomoo
US stock index options $0 per trade
US stock options $0 per trade

Compare options commissions charged by moomoo with those of Webull and Alpaca Trading.

moomoo options commissions vs competitors
moomoo Webull Alpaca Trading
US stock index options $0.0 $0.0 -
US stock options $0.0 $0.0 -

Options commissions are calculated for 10 contracts

moomoo commission and other fees
moomoo non-trading fees

In addition to trading fees, it's important to see if moomoo charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by moomoo with its two closest competitors.

moomoo non-trading fees vs competitors
moomoo Webull Alpaca Trading
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

moomoo commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by moomoo and its closest competitors. To learn more about moomoo, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 10+ years of experience in proprietary trading in the interbank currency market as a foreign exchange risk manager. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 10+ years of experience in proprietary trading in the interbank currency market as a foreign exchange risk manager. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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