Moomoo Malaysia revealed that it has successfully onboarded 100,000 clients within just six weeks of its launch, making it one of the most downloaded financial apps in Malaysia. This also hints at a gradual shift in mindset and preference among investors, as more of them grow more accepting of digital-first investment solutions.

In its statement, Moomoo further shared that it has attracted over 200,000 Malaysian users to its platform since its debut. Of this figure, 80% are digital native young adults, many of whom prefer to leverage on latest technological advances to actively and efficiently manage their finances and wealth.

Moomoo also attributed its success to its partnership with Nasdaq, which enables it to offer exclusive features, such as access to Nasdaq’s advanced data feed subscription service, TotalView. Briefly, TotalView gives investors an added advantage as it displays the full depth of orders on Nasdaq, including the quotes and orders at all 60 levels for all securities that are traded on the platform.

“Working with Nasdaq allows us to equip our clients with comprehensive and real-time market data previously available only to a select few. This level of insight is crucial for making informed decisions in today’s fast-moving markets and is a game-changer for our users,” said the chief executive officer of Moomoo Malaysia, Ivan Mok.

Moomoo – which is licensed by the Securities Commission Malaysia – was officially launched in Malaysia back in February 2024, and quickly gained over 10,000 clients within just three days. It allows local investors to trade Malaysian and US stocks conveniently from just one platform, including exchange traded funds (ETFs), real estate investment trusts (REITs), and warrants.

Moomoo also actively promotes financial literacy by integrating comprehensive educational resources within its platform, making complex financial concepts accessible to everyone. Additionally, Moomoo established an interactive real-time online community within the app called the “Moo Community”, pioneering the concept of social investing. The platform supports learning and interaction among Malaysian investors, with access to over 1,000 experts and a global community of 22 million investors.

Moving forward, Moomoo Malaysia aims to introduce more features and services tailored to Malaysian investors as the personal finance landscape continues to evolve. “We are committed to enhancing the investment experience with smarter tools and deeper insights. Our mission is to not only grow with the Malaysian market but to lead it, shaping the future of investing in the region,” said Mok. 

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