Tag: tencent

1 free APPLE and NIO Stock for Moomoo users (One up for new sign ups)

On By RistrettzIn Alternative Income, Personal Finance SeriesLeave a comment

I’m just going to bring this Moomoo brokerage app up again on my blog because the promotion is too good now to be true. I’m not sure how fast this will run out but giving a new user 1 free APPLE stock and 1 free NIO stock is unheard of. There is just too good to not get this up now.

Let’s do the Math: USD 146 + USD 46 = almost USD 200

That’s just free money so let’s not waste any time.

To be honest, I am a little cheesed off that I signed up earlier as it feels like I got penalised for being faster and earlier on this.

You can click on my previous post to read more about it: Previous Blog Post

Who is Moomoo?

Who is Moomoo? Moomoo are a nasdaq listed company known at FUTU Holdings Limited. FUTU SG is a subsidiary of their parent company. Moomoo/Futu is also backed by Tencent and for those who don’t know who they are, they are a China based global gaming, superapp, entertainment, internet giant, etc. If you did not know, they do not charge commissions for stock trading for US, SGD and HK markets. They also do not charge a custodian fee. I am guessing that volume plays a big part in this whole scheme of things.

Promotions

Let’s just sum up what you will be getting first:

a. 1 AAPL Share

b. 1 NIO Share

c. Up to 20 Free TWTR shares

d. Unlimited Commission-free Trading for US, HK and SG Market, however you continue to pay the other fees such as trading, platform fees, etc.

d. Free Level 2 Market Data for US stocks

e. Free SGX securities Level 1 real-time data

f. SGD 50 Cash Coupon for stock transfer in.

Conditions to get your promotions (No free lunch)

Now, nothing comes free so these are required but do check the T&Cs officially to avoid any disappointment. These days, there are so much information flow that most of us can’t keep up.

a. You need to be a NEW Customer and be in Singapore to get this offer (You have to be above 18 years of age and have a valid bank account in your own name) – [For KYC purpose obviously]

b. Commission free trades does not apple for stock options, futures and China A shares. The promotion commission-free promotion is only valid for 180 days.

c. You can only transfer in shares that are for US and HK positions and you will get that S$50 cash coupon for the first transfer in.

d. In order to obtain your referral rewards, you will need to do some work. Referral rewards will be capped at a maximum of 20 Twitter Shares and 600 days of commission-free trading. So, get those referral coming.

e. To get your 1 free APPL share, you need to deposit funds worth S$2700 or USD 2000 or HKD16,00 within 30 days from account opening + Open an account by 2 Aug 2021.

f. As for your  1 free NIO share, you will need to unlock Level 1 trading bade or complete 5 successful trades within 30 days of account opening + deposit funds worth S$2700 or USD 2000 or HKD16,00 within 30 days from account opening.

Read more about their T&Cs here: https://support.futusg.com/en-us/topic128

Read about the Fees you need to pay: https://support.futusg.com/en-us/topic76

I personally think that it is a no brainer to get the perks. Thank you in advance for using my referral code: https://j.moomoo.com/004Fsa

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.

Now, if what I am sharing does resonates with you, do use my referral codes here at Referral and Recommendations

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at https://atomic-temporary-178675883.wpcomstaging.com/contact/

The pictures and information that I am using are taken from Futu’s/Moomoo’s website for the purpose of this blog post.

Futu Brokerage updates – MooMoo Singapore Promotions

On By RistrettzIn Alternative Income, Deals, New Ideas, Personal Finance Series, Wealth & HealthLeave a comment

Futu Holdings Limited (“Futu”) （NASDAQ: FUTU）is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform .

Futu was listed on Nasdaq on March 8, 2019.

Under MooMoo, they are under the Singapore branch, https://www.moomoo.com/ and they are pretty aggressive on par with Tiger Brokers. The mechanics seem to change every month. You can now get like 1 apple share. If you transfer equities into their platform, you get even more perks.

Although after setting up the brokerage, maybe buying Futu stocks in the US stock exchange might be a good idea given their backing. Personally, these brokerages give the competition a run for their money. I find it easy to use and they are not just any fly by night company.

If you wish to sign up for those commission free perks and/or future promotions, do use my referral code here: https://j.moomoo.com/004Fsa

  1. Currently, the promotion would run for 600 days free commissions.
  2. To get additional perks, fund USD 2k or SGD 2700 equivalent. there is a SGD30 credit.
  3. Plus free level 2 market data for US market & level 1 market data for SGD market.
  4. SGD 50 cash coupon when you transfer in stocks.

For successful referrals, you can get up to 1 twitter share (Cap at 20 successful referrals)

For detailed T&Cs, do go to their website to find out more: FUTU T&Cs (June 2021)

Conditions for new sign ups

Do keep abreast of new terms and conditions as they tweak these to avoid gaming of the system.

As of 1st Jun 2021, (0000hrs SGT ) new customers who have successfully opened a Futu SG securities account from 1st Jun 2021 to 30th Jun 2021 (2000hrs SGT) can enjoy 1 Free AAPL share when they fulfil all of the following conditions,

  1. Successfully open a FUTU SG Securities account between 1st Jun 2021, 0000hrs SGT and 30th Jun 2021, 2000hrs SGT (hereinafter referred to as “activity time”);
  2. Deposited funds worth SGD 2,700 or USD 2,000 or HKD 16,000 within 30 days from account opening;
  3. Successfully unlocked the Level 1 Trading Badge or completed 5 successful trades

Conditions for Referrals

I’ll just pick out the most important details for a successful referral.

For each successful referral of a new customer that has used your personal referral link to,

  1. You have to successfully open a new FUTU SG securities account;
  2. You have put in a minimal deposit of SGD 2,700 or USD 2,000 or HKD 16,000 successfully. Within 30 days from successful account opening day;
  3. Once you complete 1 successful trade , you will receive 1 Free Twitter (TWTR) share. Additionally 30 days commission-free trading for US, HK and SG stock markets.

The rewards for the referral programme is cumulative but capped to the first 20 successful referrals only. This means referral rewards of 1 Free Twitter (TWTR) share will be capped at a maximum cumulation of 20 only. Similarly, the additional 30 days of free commission trading for US, HK and SG stock markets will be kept at 600 days. Successful referral rewards are only valid for all referrals that happened from 1st May 2021 till 30th Jun 2021 (2000hrs SGT).

This referral programme is applicable for all users on moomoo (both existing and new users).

Disclaimer

If you decide to sign up with Futu Brokerage, do remember to use my referral code: MooMoo Referral

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at Referral and Recommendations

These pictures were taken off Futu/Moomoo website for reference.

Futu Brokerage – MooMoo Singapore Promotions

On By RistrettzIn Alternative Income, Deals, New Ideas, Personal Finance Series, Wealth & HealthLeave a comment

Here comes another brokerage in Singapore – Futu Holdings and under the Singapore name “MooMoo”? Sounds kind of fishy but legit.

From their website:

Their investors include Tencent Holdings, Matrix Partners and Sequoia Capital. Sounds decent to me.

Futu Holdings Limited (“Futu”) （NASDAQ: FUTU）is an advanced technology company transforming the investing experience by offering a fully digitized brokerage and wealth management platform .

Futu was listed on Nasdaq on March 8, 2019.

Under MooMoo, they are under the Singapore branch, https://www.moomoo.com/ and from time to time they will run a promotion to fund the brokerage account to get 1 Apple share. Although after setting up the brokerage, maybe buying Futu stocks in the US stock exchange might be a good idea given their backing.

After Tiger brokers, here come another commission free brokerage mobile platform with similar functions and good promotions. It seems like the apple share promotion has ended. If you wish to sign up for those commission free perks and/or future promotions, do use my referral code here: https://j.moomoo.com/004Fsa

  1. Currently, the promotion would run for 600 days free commissions.
  2. Also if you fund USD 2k equivalent. there is a USD30 credit.
  3. Plus free level 2 market data.

Disclaimer

If you decide to sign up with Futu Brokerage, do remember to use my referral code: https://endowus.com/invite?code=EDZ8M

If you like what I am sharing or if it resonates with you, do use my referral codes for other services at Referral and Recommendations

These pictures were taken off Futu/Moomoo website for reference.