Once you are a Moomoo customers, there is a knowledge based quiz that you can enter every day. A total of 3 attempts a day and it says that you may win up to S$1,888. I’ve been attempting all week and could get S$0.18. There was a day when I got S$0.28
Sample quiz questions and answers
Below are some of those I got and from online sources. Wish you all luck in your quest:
App related questions:
Qn: Are you able to trade REITs on moomoo?
Ans: Yes
Qn: Can you receive dividends on moomoo?
Ans: Yes
Qn: Does FUTU SG charge for any inactivity or custodian fees?
Ans: No
Qn: Is currency exchange available on moomoo?
Ans: Yes
Qn: Is Moomoo’s in-app customer service available 24/7?
Ans: Yes
Qn: Level ___ market data for US market is provided free by FUTU SG.
Ans: Level 2
Qn: What feature can you use to view activities of Pre/Post-Market trading hours?
Ans: Pre/Post-Market
Qn: Where can you redeem your points for rewards on moomoo?
Ans: Rewards Club
Qn: Which of the following can you trade on moomoo?
Ans: Stocks, Futures, Options, ETFs, China A-Shares
Qn: Which of the following is NOT a daily task in the Task Center?
Ans: Change username
Qn: Which level of the free market data is provided for the SG market?
Ans: Level 1
Qn: Which stock markets can you trade in on moomoo?
Ans: US, SG, HK and China A-Shares
Qn: Which tab do you select to view your available Coupons?
Ans: Me
General Investing Questions:
Qn: A basket of securities that tracks an underlying index is called ETF.
Ans: True
Qn: A margin account allows you to buy stocks with borrowed funds using your cash or shares as collateral
Ans: True
Qn: A margin account is?
Ans: An account that allows stock buying using borrowed funds.
Qn: A stock is?
Ans: Fractional ownership of a corporation.
Qn: A part of a business that is bought and sold on the stock market is called?
Ans: Stock
Qn: An index fund is?
Ans: A fund that tracks components of a financial market index.
Qn: Free market level data provides information on the?
Ans: Bid and Ask spread.
Qn: IPO refers to a company offering its stock for sale to the public for the first time.
Ans: True
Qn: Market Cap in financial terms stands for?
Ans: Total market value of a company’s outstanding shares.
Qn: Select the option which is a US stock exchange.
Ans: NASDAQ (other options: SGX, HSI)
Qn: Short selling happens when an investor borrows a stock to sell then buy it back later.
Ans: True
Qn: The US Securities in your FUTU SG account is protected up to USD _ by SIPC.
Ans: USD 500,000
Qn: What does ETF stand for?
Ans: Exchange-Traded Funds
Qn: What does Market Cap stand?
Ans: Total market value of a company’s outstanding shares.
Qn: What does REITs stand for?
Ans: Real Estate Investment Trusts
Qn: When an investor borrows a stock to sell and buy it back later, this action is called short selling.
Ans: True
Qn: Which of the following is true about a margin account?
Ans: All of them.
Qn: Which of these is a good example of diversification?
Ans: Investing in different types of securities and markets.
Futu Holdings as a Company:
Qn: Futu Holdings Limited is strategically backed by which company?
Ans: Tencent Holdings
Qn: FUTU SG is a subsidiary of Futu Holdings Limited that is listed on ______?
Ans: NASDAQ
Qn: How many users does FUTU have worldwide?
Ans: 15,000,000
Qn: Which credit rating grade did FUTU receive from S&P Global?
Ans: BBB-
Qn: Which of the following funds hold a position with FUTU?
Ans: All of the above
Qn: Which stock exchange is Futu Holdings Limited listed on?
Ans: NASDAQ
Have fun!
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For reference, please refer to the official website or contact their representatives.
Disclaimer
This is not a sponsored post. This is purely my own opinion after using their service and/or products. If you like what you are seeing, do remember to check they out and do your diligence. There is no one size fits all investment strategy.
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The pictures and information that I am using are taken from Futu’s/Moomoo’s website for the purpose of this blog post.