Does Moomoo work internationally? Alternatives for 2026!

What is Moomoo?

Moomoo is a trading platform launched in 2018, offering commission-free trading in stocks, ETFs, and options. It is a subsidiary of Futu Holdings Ltd, which is listed on NASDAQ (ticker: FUTU) – a useful detail, since it means the parent company files audited results and is subject to SEC reporting requirements.

Where Moomoo differentiates itself is depth of tooling. Most commission-free brokers provide basic charting and data, whereas Moomoo offers Level 2 market data, advanced technical indicators, and screening tools more commonly found on professional platforms.

The company has also focused heavily on user acquisition, running welcome bonuses tied to specific deposit and holding criteria. Below we cover which countries can access the platform and its promotions.

What countries can use Moomoo?

Moomoo primarily targets US residents, though it has expanded into several other markets.

We attempted to open an account, and alongside the USA the accepted countries were Singapore, Australia, Canada, Japan, Malaysia, Hong Kong SAR, Macao SAR, Taiwan, and the UK.

Note that the product offering varies considerably between these markets. Available instruments, pricing, and promotions differ by entity, so the experience in Singapore or Australia is not identical to the US one. Verify what is actually available in your country before opening an account.

Moomoo operates through several regulated entities depending on your location. In the US it is supervised by the SEC and FINRA, in Singapore by the Monetary Authority of Singapore (MAS), in Australia by ASIC, and in the UK by the FCA. Parent company Futu Holdings is NASDAQ-listed and subject to SEC reporting and PCAOB audit oversight.

As always, the entity that onboards you determines which regulator supervises your account and what investor protection applies, so it is worth confirming which one you are contracting with.

Moomoo alternatives

The obvious question is whether you can find a Moomoo equivalent in your own country. In most cases, yes. Below is a breakdown of alternatives available internationally.

If a welcome bonus is what you are after specifically, see our overview of free share promotions – though bear in mind that these rewards are typically worth a few pounds or dollars, and should not drive your choice of broker.

Conclusion

We hope this breakdown of Moomoo and its alternatives has been useful.

The short answer for most readers is that if Moomoo is unavailable where you live, there is almost certainly a comparable option. Interactive Brokers accepts clients from over 200 countries and offers a far wider product range, making it the most likely alternative to be available regardless of where you are based. eToro covers 140+ countries with a simpler interface, while XTB and DEGIRO serve most of Europe.

Two things worth weighing as you compare:

• Currency conversion often costs more over time than trading commissions, particularly if your local currency is not the one your investments are denominated in;
• Which entity holds your account determines the regulator supervising it and the investor protection covering you, and this varies considerably even within the same brand.

Explore the options that interest you and decide for yourself. If none is a match, browse our list of online brokers available by country.

As a reminder, the above should not be construed as investment advice and is provided for informational purposes only. Investors should do their own research and due diligence regarding the services best suited to their risk, return, and impact strategy.