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Moomoo is a California-based trading platform. The broker offers commission-free trading to US investors and there are no inactivity costs either, which is a major benefit. The platform has numerous analytical tools, facilitates short selling, and is accessible via the cell phone app as well
We found the account opening process to be fast and stress-free. Read on to find out the ins and outs of this growing trading platform.
We're going to dive into the finer details of this brokerage shortly. First, here's a quick rundown of the key advantages and disadvantages of Moomoo.
Advantages
Disadvantages
Prior to deciding on a brokerage, it's important for traders and investors to check what asset classes they will be able to buy and sell.
With this in mind, we've listed the tradable assets found at Moomoo below.
Moomoo offers access to a range of ETFs to suit most investors. US-based ETFs are commission-free.
The platform also offers the following regional ETFs:
Equity Index ETFs include S&P 500, NASDAQ Composite, Russel 2000, VIX, DJI Average, and others. This review also discovered a range of commodity ETFs covering energy, raw material, crude oil, gold and silver.
Moomoo offers a range of US-listed stocks as well as international ones. For instance, here traders can access Chinese A-Shares, Hong Kong markets, and ADRs.
US stocks from the NASDAQ and NYSE are also available via ETFs and OTCs. This review found more than 13,000 different stocks to trade at this brokerage.
A few US and Asian options markets are accessible through Moomoo. Although, it is unclear which options exchanges in particular.
Investors who wish to access
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