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Moomoo Elevates Platform With $0 Contract Fees, Index Options & More

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Written By
James Barra
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Written By
James Barra
Head of Content
James is Head of Content and a brokerage expert with a background in financial services. A former management consultant, he's worked on major operational transformation programmes at top European banks. A trusted industry name, James's work at DayTrading.com has been cited in publications like Business Insider.
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Edited By
Tobias Robinson
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Edited By
Tobias Robinson
CEO and Head of Broker Testing Panel
Tobias is the CEO of DayTrading.com, an active investor, and a brokerage expert. He has over 30 years of experience in financial services, including supervising the reviews of more than 500 trading brokers, and contributing via CySEC to the regulatory response to digital options and CFD trading in Europe. Tobias' expertise make him a trusted voice in the industry, where he's been quoted in various financial organizations and outlets, including the Nasdaq.
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Fact Checked By
William Berg
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Fact Checked By
William Berg
Securities Law Expert
William contributes to several investment websites, leveraging his experience as a consultant for IPOs in the Nordic market and background providing localization for forex trading software. William has worked as a writer and fact-checker for a long row of financial publications.
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Updated
Mar 8, 2026

Published on: Nov 15, 2023

Moomoo has rolled out several enhancements to its investment platform, improving the trading experience for US investors.

Key Takeaways

  • Moomoo has reduced the stock (or ETFs) options contract fee from $0.65 to $0.
  • Following a collaboration with Cboe, index options are now available on the platform.
  • Traders can win 3 months of free level 2 options data through a quiz.

$0 Contract Fees

The highlight is the reduction of options contract fees to $0, providing significant savings to active traders.

This also makes the broker a lower-cost option than rivals like Fidelity, which charges a $0.65 contract fee.

Moomoo reduces options contract fees to zero

Index Options

Moomoo has teamed up with Cboe to offer index options, opening up a wider range of investment avenues for traders.

Traders can access index options on the SPX, XSP, VIX, RUT, DJX and NDX.

To sweeten the deal, the broker is offering index options exchange proprietary fee waivers, available until February 29, 2024.

Free Level 2 Options Data

Moomoo is also offering clients a chance to win three months of free level 2 options data, providing greater insights into relevant markets.

Traders need to take part in a limited-time quiz and answer three questions correctly for an opportunity to win.

About Moomoo

Moomoo is an investment platform that offers trading opportunities on over 5000 stocks, options, ETFs and other assets.

Launched in 2018, the multi-regulated broker is overseen by trusted financial authorities, including the SEC, MAS and ASIC.

Moomoo normally processes new applications the same day and there is no minimum deposit.

Your capital is at risk. Trade only with funds you can afford to lose.
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Review
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.