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Moomoo Is Offering 8.1% APY and Up to $1,000 in Nvidia Stock for New Users
Yahoo Finance· 2026-02-20 20:00
Core Insights - Moomoo is launching a promotional offer that combines high-yield savings and free stock incentives for new customers, with a limited-time promotion running until March 12 [1][2] Group 1: Promotional Offer Details - Eligible users can earn up to 8.1% APY on uninvested cash and receive up to $1,000 in fractional shares of Nvidia Corp based on their initial deposit [1][5] - The 8.1% APY is structured as a base rate of 3.35% APY on uninvested cash, plus a 4.75% booster coupon for a 60-day promotional period [3][4] - The booster applies to up to $20,000 in swept cash and must be manually activated through the app, with funds eligible for FDIC insurance [4] Group 2: Stock Incentives - Users making qualifying deposits can earn fractional shares of Nvidia stock, with amounts awarded based on deposit size [5][8] - The stock becomes fully unlocked after maintaining required average balances for holding periods ranging from 60 to 180 days [5] Group 3: Competitive Advantage - Moomoo's offer stands out by combining both cash yield and stock bonuses, appealing to new users and active traders [7] - This structure allows idle cash to earn interest while providing long-term exposure to Nvidia stock without requiring additional capital [7][9]
Moomoo Financial Canada Wins Benzinga Chairman’s Award for Canada’s Best U.S. Stock Trading Platform
Globenewswire· 2025-11-11 13:00
Core Insights - Moomoo Financial Canada has been awarded the Benzinga Chairman's Award for Canada's Best U.S. Stock Trading Platform, highlighting its leadership in low-cost, AI-powered investing tools and real-time market access for Canadian investors [1][2][3] Company Overview - Moomoo Financial Canada Inc. is recognized for redefining access to U.S. equity and options trading for Canadians, offering professional-grade investing through AI-driven tools, zero currency exchange fees, and real-time market data [4][6] - The platform aims to eliminate barriers for retail investors, providing $0 currency exchange fees, real-time U.S. market data, and advanced analytics at no additional cost [4][6] Market Position - Moomoo is backed by 27 million users across seven global markets, leveraging international expertise to provide secure, data-driven investing experiences [5] - The company has experienced strong momentum in Canada, positioning itself as one of the fastest-growing fintech platforms tailored for active stock and options traders [6] Future Developments - Moomoo plans to introduce major product enhancements and is set to open its first Canadian Moomoo Store in Toronto's Yorkville neighborhood [6]