Interactive brokers is still the cheapest broker compared to any broker that has the ability to trade the international markets, as well as having a wider range of products and is regulated in many more countries than moomoo
Moomoo has among of the lowest fees among Malaysian trading platforms, which might be enticing for investors trying to save expenditures. You might also benefit from zero commission trading for the first several months.
yes, comission is cheap but i find the UI too much stuffs and confusing. 1 example is i cant set a date for GTD trades. decided to not use it in the end.
They need to focus long and hard on their UX , it’s looking like Shopee and that much clutter in a trading app is plain annoying. They had great customer acquisition because of a lot of promotions, I and my friends redeemed a lot of free shares , but we sold those immediately after and withdrew the money - why ? Because the UX is not comfortable, the customer retention is much more important than acquisition in my opinion!
The interface of moomoo is logical and you can try to understand him, I now find that he works better than most and satisfies both professional traders and novice traders!