Unleashing the Power of Moomoo’s No-Cost Stock Trading: A Comprehensive Guide.

Let’s talk about Moomoo, a stock trading app that you can use for free, and which often has cool free stock promotions. Moomoo is a US-based online trading platform, which has been around since 2018. You can use it for trading stocks, ETFs, options, and more without any major fees. It’s a part of a company called Futu Holding Limited that’s listed on Nasdaq and regulated by the SEC and FINRA.

One special thing about Moomoo is that it’s not just for trading in the US. You can also trade on Hong Kong and Chinese markets. It’s pretty awesome if you’re looking to deal outside of the US using a trustworthy trading platform.

You can use Moomoo on your phone or on the computer. Whether you’re using Android, iOS, PC, or Mac, you’re covered. The interface is really simple, plus, you can sync alerts, notifications, and your settings across all your devices.

Now, let’s talk about the current promotion which is until the end of August 2023. You might get up to 15 free stocks. Here’s how to do it:

You start by creating a Moomoo account and depositing $100. You can then earn up to five free stocks that could be worth anything from $3 to $2000. Once you’ve got your stocks, you need to keep at least $100 in your account for the next 60 days to unlock them.

The next step, if you want more stocks, is to deposit an additional $1,000 into your Moomoo account. Then you can earn up to 10 extra free stocks that could also be worth from $2 to $2000. Again, after getting the stocks, you need to keep at least $1,000 in your account for 60 days to unlock them.

And finally, if you deposit an additional $5,000 during the promotion, you could earn up to 15 free stocks, plus a free stock of Tesla or Expedia and an extra $100 in cash. You need to keep at least $5,000 in your account for 60 days to unlock these stocks.

But wait, there’s some small print to take into account:

The offer is only for people making their first deposit during this promotion. Deposits must be done within the promotion period. If you’re a US resident, 18 years or older, and have a valid Social Security Number, you’re eligible. The bonus stocks are not added automatically to your account, you’ll have to claim them manually. You can do this from the “Welcome Bonus” section in the app or on the desktop version. There is no need to deposit the whole amount at once as you can increase your balance over time.

Setting up your Moomoo account involves four steps:

1. Open the Moomoo app and tap on the “Get Started” button.
2. Enter your valid address, social security number, and an email address or mobile phone number.
3. Confirm the financial information and acknowledge the risk disclosure. Your account will typically get confirmed the same day.
4. Deposit funds into your account via the app or desktop version using the ACH/wire transfer option.

After drawing your free stocks they will be added to your account within five days as “Pending” and you need to maintain the required balance for 60 days to unlock them. If you don’t receive the stocks, contact customer service.

Claiming your rewards is simple, you will get a notification when they’re available. You can then go to the “Welcome Bonus” page, tap “Draw”, and claim your rewards. If you have multiple draws, keep tapping until they’re all done.

Did you know Moomoo doesn’t only offer this in the US, but also in Canada, Australia, and Singapore? Plus, they have a referral bonus program that can earn you up to $200 for introducing new users who make a deposit.

Moomoo doesn’t charge you any account or withdrawal fees. So, if you are looking for a brokerage app with advanced features and generous promotions, Moomoo might be the perfect choice. But remember to act fast if you want to join the current promotion!