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.
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.
