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Moomoo Promotion: Free Stocks or Cash Bonus (2 bonuses)

Pedro Braz| Updated April 16th, 2024
Moomoo Welcome Bonus

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.

Moomoo Sign Up Bonus terms

💰 Moomoo Bonus Choose between a 1.5% cash reward or 7 free fractional shares (the “Magnificent 7” stocks).
🤝🏿 Condition For the cash reward, transfer assets via ACATS with a value of $1 to $20,000. For the free shares, make a deposit of $100 or more.
🏆 Moomoo Referral Link Moomoo referral Link
🏆 Moomoo Referral Code 00urpM
🌐 Available in USA

Other free stock promotions

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M1 Finance Review 2022 | Bankrate Cash bonus worth up to $500 Link
Webull Logo – PNG e Vetor – Download de Logo Up to 12 free stocks Link
Investment social network changed its logo Free stock worth up to $300 Link
Robinhood Logo and symbol, meaning, history, PNG 1 free stock worth up to $200 Link

How do I get free stocks from Moomoo?

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

  1. Use the link: Click on this Moomoo referral link.
  2. Deposit $100 & get 7 stocks: Maintain a net deposit worth $100 to be eligible for seven chances to draw for free stock. Keep an average balance of $100 for 60 days to unlock your free stocks.
  3. Refer friends & earn additional shares.

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 May 28, 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 does Moomoo allocate free stocks?

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

  • 95% chance of winning a stock valued between $3 and $9.99
  • 4.9% chance of winning one valued between $10 and $99.9
  • 0.1% chance of winning a stock over $100

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.

Pedro Braz
Co-Founder & Growth Manager

Pedro is passionate about finance, marketing, and technology. He is a growth manager at several online projects and a former digital marketer for a fintech company.