Moomoo offering fractional shares is such a good move🔥🔥even now they have new feature for IPO. Moomoo users can buy shares from IPO. the first IPO they offering is from Jplantatation, from 12-24 June 2024
Hi Ziet, firstly, congrats on your wedding. Btw, I was wondering if you plan to make a guide video about order type like trailing stop limit, market if-touch and also attached order when we buy/sell share in moomoo? I was wondering how those work but there aren't many guides out there Thank you in advance.
Hi ky, thank you so much!! Those market orders are more for traders hence why I didn't cover it as much on our channel (mainly investing). But sure! I'll put it in my to-do list, maybe in a short video!
Hi Zeit good sharing .. can you do a quick comparison between Moomoo vs IBKR on purchasing US fractional share for example VOO .. its charges and etc ...
Hi, Can you explain are we subjected to below taxes when investing via online platform like Stashaway, versa, moomoo, Rakuten, Washed and etc, in US equities? 1. WHT Withholding tax on dividen 2. Capital gain tax 3. Estate tax 4. Any others Can you share anything about the above based on your experience and what you know. I think this is essential information to know before start investing into US market. Especially if we're investing for long term and our investment will grow to a significant amount. Thanks a lots in advanced!!
Hi Ziet, I have a question. Why is it that I can buy a stock with limit order, but I'm unable to do the same with market order, even when I have enough funds for it? For example, a certain stock cost 495 USD per share and i have 500 USD in my brokerage. I want to buy 1 share. I have no problems submitting a limit order, but I am unable to do the same with market order, unless I deposit more money inside. I have this similar issue in M+ global as well. Basically the amount of stocks I can buy in both limit and market order are different. It seems that I'm required to have more funds to be able to submit a market order. Would you know why is this the case?
Hello! Great question. The difference usually comes down to how the brokers handle potential price changes. With a limit order, you're specifying the maximum you're willing to pay, so they reserve exactly that amount. But with market order, the price could (fluctuate) & change by the time the order is executed, so brokerages often require a bit more buffer to ensure the transaction can go through. Hope this explains!
@@estherlyt3878 Before the subscription, u will need a CDS-IPO account. Once created, go to the Accounts tab select CDS Account-IPO click More then IPO/ go to the Markets tab then MY select IPO. On the Available tab, tap the Subscribe button on the selected IPO.
@@rajeshanik7264 Thanks for the info! Previously I thought universal account can do both trading & subscription, now I know need CDS-IPO account for IPO application while Universal account cannot.
I really enjoy your video. I have 2 questions: 1) Moomoo restricts setting buy and sell price to be within 8% range of a stocks existing price for Malaysian stocks. Is this lawful as I feel they shouldn't restrict us this way? 2) what is your recommendation for people who have invested a lot in public mutual over the years? Is it still worthwhile given that there are newer solutions now?
Nope, it's surprisingly easy on the US stock market. just be mindful sometimes it won't be matched at 1 single price, might be tiered but the differences are marginally small
Hi Ziet , if i deposit RM10k for the promo(lockup 60days) and wanted to trade US stocks , does the promo still works if i convert currency from my RM10k to USD?
Hi, yes still works! "After depositing funds, you are free to trade stocks. As long as you maintain a net deposit of RM10,000, fluctuations in the value of your holdings due to market movements will not affect the unlocking of rewards. Additional deposits or withdrawals will not affect the unlocking process."
Hi Ziet, I do have questions I do have Moomoo SG how can I transfer my SG account to MY account is it available to transfer it this way or it requires me to create a new account instead? Appreciate if you could reply, Bless
Hi bryan, i believe account transfers between regions usually aren't supported directly due to regulatory reasons. Though you can check with their customer support if that's possible!
@@ZietInvests Ziet, I’ve contacted customer support. Here’s the solution: If you have a brokerage account with Moomoo SG, you are able to use the same UID to register a Moomoo MY brokerage account. So you’re able to switch up between Singapore and Malaysia Bank for Deposit or withdrawal purposes. Hope this information could help others 🫶🏼
