Raki-Step by Step Guide - MooMoo

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Step-By-Step Guide

Opening A FUTU SG Securities Account With moomoo


BY: Raki Haridoss

Step 1:

Download the moomoo app on your mobile phone


Please use the below link to download the app from your Android /apple store.

https://j.moomoo.com/006gtI

Step 2:

Setup your profile:

Step 3:

Open your FUTU SG securities account


After downloading the app, you can access the moomoo platform on your phone. However, to start trading
via the moomoo platform, you have to open a brokerage account with Futu SG.
you can get free Level 2 market data, 1-year commission-free trading for U.S. and Hong Kong stocks and a
free Apple (NASDAQ: AAPL) share.

Step 4:

Fill in the details required. Use Myinfo for greater convenience


Signing up for a brokerage account with Futu SG is easy and you only need to provide basic information
such as your name, contact details, address and income. Also, if you opt to use Myinfo to sign up, the
process becomes even easier since most of the details will be prefilled.

With the basic information mainly prefilled for you, the only other questions you have to answer are
standard disclosure questions that you will see in any form when opening a brokerage account in Singapore.

Once you are done, you will be asked to declare that the information provided is accurate before submitting
the form.

Step 5:

Wait for account opening confirmation


While Futu Singapore states that it may take up to 1-3 business days, account opening is usually quicker. We
received our confirmation for account opening in less than 15 minutes.

Step 6:

Top-up your account and start trading


You can fund your account before you can start trading.

As initial Deposit transfer 2710 $


Remember, as part of their launch promotion, you can get S$30 cash coupon and 1 free Apple (NASDAQ:
AAPL) share (limited to first 10,000 clients that meet the initial deposit criteria) and Free OPRA Option Real-
time Quotes for US market when options trading is available from now till 30 th April 2021. So, fund your
account as soon as possible if you intend to make a trade on moomoo.

Funds are expected to be deposited in 1-3 working days and an email and app notification will be given to
you once your fund deposits are in. Do remember to state your moomoo id when you are making your bank
transfers.

On top of the free Apple share, you can also enjoy commission-free trading for the Singapore, U.S. and Hong
Kong markets for 90 days with no custodian fee, and free Level 2 market data access. Enjoy Value-Added
Services Via moomoo For Free

Besides allowing you to make trades at low cost on the stock market, the moomoo app also allows you to
access value-added services.For a start, if you are new to investing or trading, you can consider using Paper
Trading for stocks and options.

With 1,000,000 in virtual funds, you can trade on the markets that you are interested in and get a feel of
how it’s like investing in stocks, and to get familiar with the moomoo platform, before you commit money
into your trades.

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