Tell me about Moomoo Malaysia.
Moomoo is a prominent online trading and investment platform that empowers global investors and traders alike with professional-grade, easy-to-use tools, data, and market insights, all in one super app.
Founded in 2018 in Palo Alto, California, moomoo has spread its success across Singapore, Australia, Japan, and recently Malaysia and Canada. Backed by a commitment to provide a simplified and accessible investment experience for all investors, moomoo has reached several milestones within a few short years, and they are now known as the number one downloaded trading app (1M+ users) in Malaysia*.
Moomoo Malaysia offers access to investing in Hong Kong (HK) stock markets, exchange-traded funds (ETFs), and warrants. As a Nasdaq-listed entity with a market capitalisation exceeding USD 27 billion (as of August 26, 2025), moomoo Malaysia equips its users with the technology and resources needed to make well-informed investment choices.
Note:
*Zero Commission for 180 days only. T&Cs and other fees apply. Minimum charges refer to the platform fees for US stocks. Read through the full disclaimers for details.
Why should I invest in the HK stock market?
Hong Kong stands as a premier global financial centre, providing unmatched access to both Chinese and international markets. Its strategic location, strong legal system, and ample liquidity make it an appealing choice for investors looking to diversify and invest in rapidly expanding Asian companies.
Whether you're looking to tap into China’s economic growth or diversify globally, the Hong Kong market offers unique advantages such as the following.
| Market Size and Liquidity | The Hong Kong Stock Exchange (HKEX) is a major global exchange, boasting high trading volumes and strong liquidity. It features over 2,500 listed companies, notably prominent Chinese firms in the technology, finance, and consumer sectors. |
| Regulatory Environment | The Securities and Futures Commission (SFC) strictly oversees HKEX, ensuring transparent and fair trading practices that align with international standards. |
| Market Structure | HKEX acts as a vital link, enabling global investors to access Chinese companies and facilitating Chinese companies' entry into global capital markets. It offers trading in various instruments, including equities, derivatives, and ETFs. |
| Economic Factors | The Hong Kong market's stability is supported by its currency peg to the USD, and it is significantly shaped by China's economic policies, regional trade dynamics, and key sectors such as finance, technology, and real estate. |
| Investment Opportunities | Access opportunities in China's growing market through large-cap companies, innovative technology stocks, and REITs. The market also offers dual-class shares and IPOs. |
| Currency | Trading takes place in Hong Kong Dollars (HKD). As HKD is pegged to the USD, US-based investors benefit from reduced currency risk. |
How can I start investing?
Investing is now made accessible through online trading platforms. As compared to the traditional way, it is convenient and cheaper.
With moomoo Malaysia, you can invest in the HK stock markets through their mobile app or desktop version. With no minimum deposit to open an account, simply sign up and set up your moomoo Malaysia account anytime, anywhere.
Are there any fees that I should be aware of?
Yes, there are. You can find the fees below, and if you require more details, do not hesitate to contact moomoo Malaysia’s representative.
- Commission Fee: HKD 0*
- Platform Fee: HKD 15/order
- HK Stamp Duty: 0.1% *Transaction amount, rounded up to the nearest HK dollar
- Settlement Fee: 0.0042% *Transaction amount
- Trading Fees: 0.00565% *Transaction amount, minimum HKD 0.01/trade
- Securities and Futures Commission (SFC) Transaction Levy: 0.0027% *Transaction amount, minimum HKD 0.01/trade
- Financial Reporting Council (FRC) Transaction Levy: 0.00015% *Transaction amount
- Malaysia Stamp Duty: Shares: RM 1.00 for every RM 1,000 (or fractional part) of the transaction amount, maximum RM 1,000 per trade amalgamation
Am I eligible to open an account with Moomoo Malaysia?
To open a Moomoo Malaysia account, you must be at least 18 years old and a legal resident of Malaysia with a valid local address. Please have the necessary documents ready before downloading the app.
For Malaysians:
- Your valid IC
- Your personal details, such as tax, employment, and financial status
- A valid proof of local address (bank statement, telephone bills, etc. must be issued in the last 3 months, which includes your full name, name of the document issuer and your residential address)
For other nationalities:
- Your valid passport'
- Your personal details, such as tax, employment, and financial status
- A valid proof of local address (this would be needed if your residential address does not match the address stated on your ID card)
Here are the steps to open an account with moomoo Malaysia:
- Download and install the moomoo Malaysia app
- Click ‘Open Account’
- Follow the instructions and fill in the necessary details
- Verify your identity
- And submit your application!
Once you've submitted all your info and it's been verified, your account should usually get approved within 1 to 3 business days. Moomoo Malaysia will keep you updated on the progress via email and in-app notifications. If they need any more documents, they will let you know the same way – by email and in-app.
Got questions about your account or anything else? You can reach the moomoo Malaysia team through Live Chat on their website, by calling their Customer Service Hotline at 03 9212 0708, or by sending them an email at [email protected].
Disclaimer: Trading and/or investment involve substantial risks, and the decision to engage in such activities is solely at your discretion and is not affiliated with or attributable to RinggitPlus.
