moomoo:Investing&Trading

It's easy to deposit funds and a battle to withdraw. With technologies where they are now, it's common to expect almost instant access to your funds. With this app everything is 1 to 3 business days. I would recommend adding a virtual card feature, the ability to move funds to other accounts on other platforms. This lack of, typically normal, convenience is a HUGE drawback.

I don't even know where to begin.. Don't. Just don't. If you're looking for easy trades, quick deposits and quick withdrawals after the sell, this is not the app for you! Takes DAYS after you sell for the funds to be available for withdrawal. And I never received any of the 'free' things offered for signing up or linking my bank either. Not a user friendly app or up to date platform.

This app is great, a worthy alternative to the others (especially "that one"- you know what one I'm talking about)... It has social functions built right in, price tracking, analysis, options, almost anything you could want from a trading app. A few minor issues- crashes every so often (usually when I open a comment with a picture), doesn't have cryptos, and the price charts are a little complicated

Unusable I keep verifying my bank, it goes thru just fine. But when I try to transfer money into moomoo it doesn't work at all. App has too many problems to use! No reply from moomoo on this issue, my bank verifies then after transferring money, I get an email saying bank couldn't verify??? Which is it? Not dealing with a brokerage that can't even be bothered to reply to reviews.

I honestly don't know how the people whom have bad experiences are having them. It's a great app for me, love the layout, all of the technical and fundamental info provided, and the ability to watch time and sales with multiple charts at once. Yeah, it takes some getting used to and definitely isn't for beginners, but I think the tools available are worth any strife. Been my go to since January and never had an issue. Even customer service replies promptly.

Just wanted to download the app to see the layout and feel off it. Personally not for me, but the only reason I give it the stars us because they don't have an option to delete your account on the app. Have to email them and wait. I've also tried out Public, Webull, and sofi, along with a few others. This is the only one that doesn't give you the option to deactivate your account on the app. Not sure why.

2 stars for the educational information alone. I had 5-6 calls, multiple texts, and emails bugging me. Even AFTER turning off all notifications, alerts, and blocking several phone numbers. If I wanted help getting started I would ask for it. If a person says they want to get a feel for things on the app before taking the plunge that doesnt mean KEEP PESTERING THEM. Uninstalled, good riddance.

Being new to trading and investing, this app has been a great help for the most part. Being able to learn the basics of trading and investing through the provided lessons is a good touch. But maybe dumbing it down a little and explaining all the abbreviations and lingo so the average person can catch on a little better. All the different references and how they interact or differ is mind blowing. Maybe some more cash or stock rewards would be nice. Otherwise it's been a good app. Thanks guys!

No covered call options trading. If I own 100 shares of a stock, sell a call, and it gets exercised, Moomoo will use MARGIN instead of the stocks I own. Covered calls and cash covered puts are the reason I came here. It really sucks because this app has so much potential, much better interface than Fidelity. Edit: There might be covered calls now... Not certain. Also, the data and research ability is better than any platform I've seen yet. From 2 up to 4 stars, mainly due to research potential.

The latest versions of their app has *removed* the last price purchase option, rather than just include it with other options. Unless you manually enter the price, the app correctly warns you that your price is higher than the last price for a security. Every time I selected "mid", the entered price was higher than the last price, especially after regular trading hours. I previously gave 5 stars and now I am moving my account to another platform, which has "last price" among other options.

Only signed up for a promotional offer and they won't honor the promotional offer code I received. There is always some "System Error" when entering a promo code. Edit: Since this review, I finally got the promotional credit. Except it doesn't work. Even tried depositing more money into the account to trigger the credit so it would work like it's supposed to. It doesn't. Moomoo is a scam plain and simple. I'll keep using USA based financial institutions for investing instead of Chinese scammers.

I have been using Moomoo for multiple months, but there came a point where I removed all but $100 of my capital from the app. Reason being: numerous times my profit-taker order price limit was reached, but the order didn't fill, while simultaneously canceling my stop-loss order. So essentially you're left with no downside protection AND your limit order didn't fill. Aside from order execution issues it is an excellent resource for research, market updates, and learning. Plus free L2 NYSE data.

There always seems to be an issue withdrawing funds and it takes a long time before you find out there's an issue. Update, I've been following their directions and they still have thousands of mine. Tomorrow will be 1 month since I deposited money in there and I have not gotten it back despite being in contact often with customer service. Very frustrating. Update - almost 1 1/2 months, been in contact with customer service, many times. Still have not got my money back.

Very good app overall. I have a few brokers I use and find myself using this one the most. Lots of info available and easy to find. At first you will find it a bit hard to navigate. But as time goes on you will start to see how much this app has to offer. The only thing that really sucks with this app is the money transfers. I can transfer my money over to Robinhood instantly with no fees. Moo moo on the other hand will take days! If this will change I will use moomoo as my main broker.

Great app to do stocks. My only concern is that this app needs more support in having a variety of banks listed. Not enough banks to choose from. Wire transfer is the only way to do if bank is not listed. Only problem is this app wants to charge you $1,000 for a wire transfer. In my opinion, that is too much money to wire transfer. I would prefer to use my bank account, but my bank is not listed within their criteria.

Not for beginners.. I hope experienced people have better luck. It doesn't feel very honest to me finding the info I'm seeking is hard, such as how to deposit funds back to my bank account. Super easy to get your money on their site, just fishy. Im closing because I'm not comfortable with the interface, it's not organized for average people to understand.

It may have some benefits, but the app felt clunky and far more cluttered than others I use. I downloaded it for a feature that ended up being a part of it. However, The biggest reason I scored it so low is because they make it next to impossible to withdraw funds. I knew within an hour that I wasn't going to use this as a regular app, but even though I'm trying to put the money back where it came from, I'm still jumping through hoops days later.

I really appreciate Moomoo Japan app supporting English language. This has been the biggest issue for me in investing in Japan as traditional Japanese trading apps are not English friendly at all! so thank you very much Moomoo! Also. the app is awesome. I really like the news. They're real time and very quick to update. also the financial data are very easy to read.

Horrible customer service. The app limits how many shares you can buy based on your available balance and then compliance emails you warning about the way you place orders. Constantly having issues withdrawing money. I highly recommend a different broker.

I hate this app. it is extremely confusing and difficult to use. it takes forever for funds to move. I tried selling one of my stocks for days and it was stuck "working" for days and then failed to sell while others sold instantly. ive been trying to sell all my stocks so I can close my account and get rid of this app. closing the account is unbearable. they want me to send them an email with all my information and id and wait to close. but I cant even close it until stocks sell. worst app ever.