Overview of moomoo fees and charges

It's safe to say that moomoo's fees are low in general. They either don't charge a brokerage fee for things other brokers do charge for, or they only charge a small amount. This means that you can use moomoo even in case you trade frequently like multiple times a week or daily.

Here's a high level overview of moomoo's fees

moomoo Fees snapshot
Assets Fee level Fee terms
US stock fee Low $0 per trade
EURUSD fee - Not available
US tech fund fee - Not available
Inactivity fee Low No inactivity fee

moomoo fees
moomoo fees explained

We compare moomoo fees with its closest competitors, Webull and Alpaca Trading.

moomoo fees
moomoo trading fees

moomoo's trading fees are low which makes it suitable for you even if you trade often (i.e. multiple times a week).

Let's break down the trading fees into the different asset classes available at moomoo.

Trading fees

moomoo's trading fees are low.

Stock fees and ETF fees

moomoo has low stock trading fees.

Stock fees of a $2,000 trade
moomoo Webull Alpaca Trading
US stock $0.0 $0.0 $0.0
UK stock - - -
German stock - - -

Fund fees

moomoo fund fees are .

A $2,000 fund buy fees
moomoo Webull Alpaca Trading
Mutual fund - - -
EU mutual fund - - -

Options fees

moomoo's options fees are low.

Stock index options fees of 10 contracts
moomoo Webull Alpaca Trading
US stock index options $6.5 $0.0 -
UK stock index options - - -
German stock index options - - -

Futures fees

moomoo's futures fees are .

Stock index futures fee of 10 contracts
moomoo Webull Alpaca Trading
US micro e-mini stock index futures - - -
UK stock index futures - - -
German e-mini stock index futures - - -

Financing rates

moomoo financing rates are .

If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.

moomoo yearly financing rates
moomoo Webull Alpaca Trading
Apple CFD financing rate - - -
Vodafone CFD financing rate - - -
EURUSD financing rate - - -
EURGBP financing rate - - -

Leverage is a double-edged sword and can dramatically amplify your profits. It can also just as dramatically amplify your losses. Trading foreign exchange/CFDs with any level of leverage may not be suitable for all investors.

moomoo fees
moomoo non-trading fees

When it comes to looking at all the non-trading fees moomoo is a cheap broker. This means that they don't charge you a lot for non-trading related activities on your trading account, like withdrawal fee.

Non-trading fees include various brokerage fees and charges at moomoo that you pay not related to buying and selling assets. Among some others, typical non trading fees are withdrawal fee, deposit fee, inactivity fee and account fee.

A high level overview of how moomoo stacks up in non-trading fees
moomoo Webull Alpaca Trading
Withdrawal fee $0 $0 $0
Deposit fee $0 $0 $0
Inactivity fee No No No
Account fee No No No

moomoo fees
moomoo deposit fee

Deposit fees are applied when you send money to your trading account from your bank account. Usually brokers don't charge money for that and moomoo is not different: you will see the exact same amount on your brokerage account that you sent by any of the deposit methods moomoo offers.

moomoo deposit methods
moomoo Webull Alpaca Trading
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Deposit fee $0 $0 $0

moomoo fees
moomoo withdrawal fee

Unlike some online brokers we have reviewed moomoo does not charge a withdrawal fee. This means that you'll see the same amount of money on your bank account that you transferred from your brokerage account.

moomoo withdrawal fees and options compared
moomoo Webull Alpaca Trading
Bank transfer Yes Yes Yes
Credit/debit card No No No
Electronic wallets No No No
Withdrawal fee with bank transfer $0 $0 $0

moomoo fees
moomoo inactivity fee

moomoo does not apply an inactivity fee which is great because your account will not be charged even if you do not trade for a longer time period (months or years).

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. 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 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. 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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