Moomoo Promotion
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Moomoo Promo Code for 2025
If you’ve been thinking about opening a new brokerage account, you may want to consider moomoo. The
broker-dealer has multiple promotions right now. Here are the details on two of them:
Moomoo Bonus for New Customers
Open a new account and earn 8.1% APY on uninvested cash for three months. The normal yield is
4.1%, which itself is quite nice. In addition to the really attractive interest rate, new clients are
eligible for up to fifteen free stocks.
Not surprisingly, there is some fine print on this deal. First, only the first $20,000 in idle cash is
eligible for the interest-rate boost. Second, new customers must be new to moomoo.
Obviously, to actually earn the interest rate, a deposit of some amount must be made. And for the
special APY to kick in, the new customer must activate a Booster Coupon, which appears on the moomoo app.
To earn 5 free stocks, moomoo requires a deposit of $100. For 15 stocks, there is a $1,000 requirement.
The deadline for actually being a new customer (May 29) noted above for the APY boost applies here, too. Each stock earned will be worth somewhere between $2 and $2,000. To actually hold onto these stocks, moomoo requires a $100 or a $1,000 account balance for 60 days (depending on how many stocks are awarded).
As with the special interest rate, the new customer must go into the app and click on a button to actually earn the free stocks. In this case, the button is the Draw button.
For either special, only a cash deposit is eligible. Securities moved in via an ACAT transfer do not count towards minimum funding levels to earn free equities.
This special of free stocks and a high APY expires on March 31, 2025.
Refer a Friend
Moomoo really, really wants new customers, which is why it has another special going right now. This one is for referring friends to the brokerage firm. After opening your new account and scoring the interest-rate boost and free stocks, you can refer other traders to moomoo and earn some free cash. This special expires on the same date as the first one.
The way this promo works is really simple: refer friends to moomoo and get $100 in purchasing power for each new account funded with $100 or more. As with the first deal, this one has some fine print that you need to be aware of.
First, the new customer must sign up through a special link. This URL can be copied from the mobile app.
Second, the new account must be funded through a cash deposit or an ACAT transfer (yes, moomoo will accept an ACAT on this one).
Third, the cash bonus is limited to five new accounts for a total of $500 (an unlimited number of new clients can be invited through the link).
Fourth, the $100 is paid out in two deposits of $50 each. These deposits are cash rewards that can be applied to purchases of securities through the moomoo app. They cannot be withdrawn and have no cash value outside of moomoo.
Getting the Referral Link and Claiming the Bonuses
To actually claim a bonus, you have to go into the app and find the list of specials the account is eligible for. If this step is skipped, nothing will be earned, so it’s kind of important.
To find the list of bonuses eligible to be claimed, log into the app and tap on the Me icon that appears on the right-hand side of the bottom menu. On the Me page, you’ll see a Coupons button. Tap on this. If you don’t find the necessary links there, tap on the Promotions link on the Me page instead. On the next page, tap on the My Rewards button that shows up in the upper right. This section will show the rewards to be claimed.
To get the referral link for the second promotion, go back to the Me page on the app. On this page, look for the link to invite friends. Tap on this and you’ll get details on the special. Look for the button to copy the link. There is also an orange button to Refer Now. Tap on this to send a text message with your referral link.
Eligibility to Open an Account
To open a moomoo account with or without a promotion, applicants must be U.S. residents. There is a minimum age of 18, and the brokerage firm only accepts Social Security Numbers. No other tax ID numbers can be used.
Moomoo Promotion
Updated on 1/1/2025.
I work in investment analytics and have been investing in the market since I was in high school. I enjoy anything that involves lots of strategy (i.e. a good game of chess), which is why I was naturally drawn to investing and researching companies. Outside of investing, I’m a big fan of the outdoors. In summer, you’re most likely to find me kayaking, camping, and hiking in the mountains.
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