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InterForex vs Moomoo

InterForex vs Moomoo Comparison Table 2024
InterForex Moomoo
InterForex has closed.
Review
3.8

InterForex offers online trading in major markets on two sophisticated trading platforms; InterForex Pro and OmniTrader+.

Moomoo is an SEC-regulated app-based investment platform that offers a straightforward and affordable way to invest in Chinese, Hong Kong, Singaporean, Australian and US stocks, ETFs and other assets. Margin trading is available and the brand offers a zero-deposit account as well as several bonuses.

Customer Reviews
3.5
Based on 2 Moomoo customer reviews
Bonus Offer
5% free cash bonus
Comment by Reviewer
"Moomoo remains an excellent choice for new and intermediate stock traders who want to build a diverse investment portfolio. What really stands out is the broker's user-friendly app and the low trading fees."
Pros
  • It is reassuring that Moomoo holds licenses with the US Securities and Exchange Commission (SEC) and the Monetary Authority of Singapore (MAS), among others
  • Moomoo is a Member of FINRA and the Securities Investor Protection Corporation (SIPC), adding another level of security for prospective clients
  • The ‘Moomoo Token’ generates dynamic passwords for transaction security - a unique and helpful safety feature
  • Moomoo's analytics and insights are impressive and detailed compared to other brands
  • There is no minimum deposit requirement making the broker accessible for beginners
  • The broker offers access to extended pre-market trading hours
  • There are reduced options contract fees from $0.65 to $0
Cons
  • There is no negative balance protection, which is a common safety feature at top-tier-regulated brokers
  • It's a shame that there is no 2 factor authentication (2FA), despite the other security features on offer
  • There is no phone or live chat support - common options at most other brokers
Awards
  • Best Trading Platform 2022 - Fintech Breakthrough
  • Best Active Trading App 2021 - Investing Simple
  • Best Trading Technology 2021 - Benzinga
  • Best Online Stock Brokers 2021 - Benzinga
Instruments
Forex, CFDs, options Stocks, Options, ETFs, ADRs, OTCs
Demo Account
Yes Yes
Minimum Deposit
$500 $0
Trading Platforms
  • Own
  • Desktop Platform
  • Mobile App
Payment Methods
Minimum Trade
0.01 Lots $0
Regulator
Financial Services authority of Honduras (FSA) SEC, FINRA, MAS, ASIC, SFC
Margin Trading
No Yes
Margin Rate
6.8
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
No Yes (iOS & Android)
Android App Rating
3.3
iOS App Rating
4.6
Copy Trading
No No
Social Trading
No No
Trade Signals
No None
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
No No
Account Currencies
  • USD
  • HKD
  • SGD
Stock Exchanges
Commodities
CFD Trading
Start trading on the financial markets with InterForex's leveraged CFDs. CFD trading not offered
Leverage
1:200 1:2
FTSE Spread
Floating
GBPUSD Spread
Floating
Oil Spread
Floating
Stocks Spread
Floating $0 per trade
Forex Trading
Trade dozens of forex pairs with up to 1:200 leverage rates. Forex trading not offered
GBPUSD Spread
1-3 pips
EURUSD Spread
1-3 pips
EURGBP Spread
1-3 pips
Assets
50+
InterForex has closed.
Review
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