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
|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 explained
We compare moomoo fees with its closest competitors, Webull and Alpaca Trading.
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.
moomoo's trading fees are low.
Stock fees and ETF fees
moomoo has low stock trading fees.
moomoo fund fees are .
|EU mutual fund||-||-||-|
moomoo's options fees are low.
|US stock index options||$6.5||$0.0||-|
|UK stock index options||-||-||-|
|German stock index options||-||-||-|
moomoo's futures fees are .
|US micro e-mini stock index futures||-||-||-|
|UK stock index futures||-||-||-|
|German e-mini stock index futures||-||-||-|
moomoo financing rates are .
If you want to trade on margin and prefer to hold your positions long, financing costs can be significant.
|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 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.
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 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.
|Withdrawal fee with bank transfer||$0||$0||$0|
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).