Moomoo Promotion: Free Stocks, Cash Bonus and APY Booster (Up to 8.1%)

Author

Pedro Braz

Co-Founder, Forbes 30 under 30

Fact checked by

Franklin Silva

Co-Founder & Fintech Analyst

Fact checked by: Franklin SilvaUpdated on Oct 24, 2024

Moomoo Promotion: Free Stocks, Cash Bonus and APY Booster (Up to 8.1%) 1

moomoo limited promotion

Up to 15 free fractional shares, up to $300 cash bonus and up to 8.1% APY

Promo Code

00urpM

Get offer

Moomoo Financial Inc is a relatively new trading platform launched when compared to the heavyweights like Robinhood and Webull.

If you’re new to Moomoo, you’re in luck. Moomoo currently offers an incredible promotion for new users who sign up on the platform.

Simply open a Moomoo account using this Moomoo referral link during the promotion period, and choose from exciting welcome bonuses once you meet the qualifying criteria detailed below.

How do I get free stocks from Moomoo?

Here’s a straightforward step-by-step guide explaining how this referral bonus works:

Use the link: Click on this Moomoo referral link.
Deposit $100 & get 5 stocks: Maintain a net deposit worth $100 to be eligible for 5 free stocks. Each stock received will have a value between $2 and $2,000. You need to keep an average balance of $100 for 60 days to unlock your free stocks.
Deposit $1,000 & get an additional 10 stocks: Maintain a net deposit worth $1,000 or more, and you get 15 stocks in total. Again, each stock received will have a value between $2 and $2,000. You must keep an average balance of $100 for 60 days to unlock your free stocks.
Refer friends & earn additional shares.

How does Moomoo allocate free stocks?

You are allocated a free stock randomly based on a specific distribution chart as follows:

99.559% chance of winning a stock valued between $2 and $9.99;
0.4% chance of winning one valued between $10 and $99.9;
0.041% chance of winning a stock over $100.

What about the Moomoo cash reward?

Eligibility: Open to new or existing Moomoo customers who transfer assets via ACATS from specific broker-dealers (e.g., Robinhood, Webull, TD Ameritrade) by July 31, 2024.
Reward: Receive a 1.5% cash reward on transfers ranging from $1 to $20,000, with a maximum reward of $300.
Process: Transfer eligible assets (stocks, options, ETFs) to Moomoo during the Promotion Period. The cash reward will be credited within 5 business days after the transfer settles and is valid for 24 months.
Conditions: The reward is exclusive and cannot be combined with other promotions. Assets must be maintained in the account for 90 days post-transfer to unlock the cash reward.

How do I get the 8.1% APY on uninvested cash?

Cash Sweep APY Base Rate	APY Booster Rate	APY Booster Rate Effective Period	APY Booster Coupon Activation Valid Period
5.1% APY	3% APY	3 months (90 days) after activation	12 months

New customers who did not make a deposit before May 29, 2024, are eligible to earn a 5.1% APY rate on uninvested cash in the Cash Sweep program and one additional 3% APY Booster Coupon after opening the account for an effective period of 3 months.

The clients must manually activate the Cash Sweep Program to earn interest on any uninvested cash.

Bottom line

The Moomoo free stock bonus is a great way to get introduced to the stock trading app.

Hopefully this answers all your questions about the Moomoo referral bonus. Once you’re set up, send out your own unique refer a friend link to start racking up even more free shares! Let us know how you get on in the comments below.

Want to know more details about the Moomoo promotion? Just read the complete Moomoo Welcome Bonus terms and conditions.

💰 Moomoo Bonus	Earn a 1.5% cash reward, up to 15 free shares and an APY of up to 8.1% (5.1% + 3% of “APY Booster”)
🤝🏿 Condition	Cash reward: transfer assets via ACATS with a value ranging from $1 to $20,000; Free shares: deposit of $100 or more; APY Booster: manually activated by the user
🏆 Moomoo Referral Link	Moomoo referral Link
🏆 Moomoo Referral Code	00urpM
🌐 Available in	USA, Singapore

Referral link	Bonus promotion
Interactive Brokers	Up to $1,000 of free IBKR stock
M1 Finance	Cash bonus worth up to $500
Webull	Up to 40 free stocks
Public.com	Free stock worth up to $300
Robinhood	1 free stock worth up to $200

Moomoo Promotion: Free Stocks, Cash Bonus and APY Booster (Up to 8.1%)

Up to 15 free fractional shares, up to $300 cash bonus and up to 8.1% APY

Moomoo Sign Up Bonus terms

Other free stock promotions

How do I get free stocks from Moomoo?

How does Moomoo allocate free stocks?

What about the Moomoo cash reward?

How do I get the 8.1% APY on uninvested cash?

Bottom line

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