Moomoo vs UOB Kay Hian

Moomoo vs UOB Kay Hian Comparison Table 2024
Moomoo UOB Kay Hian
3.8
Not Yet Rated

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.

UOB Kay Hian is a regulated, Malaysian broker with a range of investment and trading products offered at competitive prices.

Customer Reviews
3.5
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
Stocks, Options, ETFs, ADRs, OTCs CFDs, Forex, Stocks, ETFs, Futures
Demo Account
Yes No
Minimum Deposit
$0 $3000
Trading Platforms
  • Desktop Platform
  • Mobile App
  • Own
Payment Methods
Minimum Trade
$0 0.01 Lots
Regulator
SEC, FINRA, MAS, ASIC, SFC MAS
Margin Trading
Yes 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
Yes No
Mobile Apps
Yes (iOS & Android) iOS & Android
Android App Rating
3.3
iOS App Rating
4.6
Copy Trading
No No
Social Trading
No No
Trade Signals
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
  • USD
  • EUR
  • GBP
  • CAD
Stock Exchanges
CFD Trading
CFD trading not offered UOB Kay Hian clients can purchase leveraged CFDs on more than 500 equities and indices.
Leverage
1:2 1:20
FTSE Spread
Variable
GBPUSD Spread
Variable
Oil Spread
Variable
Stocks Spread
$0 per trade Variable
Forex Trading
Forex trading not offered UOB Kay Hian supports trading in over 30 currency pairs with tight spreads and sophisticated analysis tools.
GBPUSD Spread
Variable
EURUSD Spread
Variable
EURGBP Spread
Variable
Assets
30
More Comparisons
Moomoo
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