Moomoo Investment's Apex Clearinghouse: What You Need To Know

Moomoo Financial Inc. is a broker-dealer registered with the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). It is based in California and clears trades on behalf of its clients through clearing arrangements with one or more broker-dealers. While Moomoo does not provide investment recommendations, it assists its customers in executing trades in securities and provides them with certain information about U.S. securities markets.

Moomoo's clearing arrangements are made on an omnibus basis, meaning that the Clearing Broker will not have the individual information of its customers. The Clearing Broker will, however, maintain custody of the customer's securities and other property in a separate omnibus account for the benefit of Moomoo's customers.

Apex Clearing Holdings, a fintech company, is one of the broker-dealers that Moomoo uses for its clearing arrangements. Apex Clearing is expected to become a publicly listed company on the New York Stock Exchange under the ticker symbol APX. Moomoo customers' assets are custodied by Apex, which currently holds around $92 billion in client assets.

Moomoo Financial Inc. is a broker-dealer registered with the SEC and FINRA

Moomoo Financial Inc. is a broker-dealer registered with the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). It is also a member of the Securities Investor Protection Corporation (SIPC). Based in California, Moomoo Financial Inc. (MFI) assists its customers in executing trades in securities and provides them with certain information about U.S. securities markets.

MFI is an introducing broker that introduces trades on an omnibus basis to the Clearing Broker for execution. The Clearing Broker will not have the individual information of MFI's customers. The Clearing Broker will, however, maintain custody of the customer's securities and other property in a separate omnibus account for the benefit of MFI's customers.

MFI does not provide investment recommendations and does not provide tax, legal, accounting, or actuarial advice.

MFI is an indirect, wholly-owned subsidiary of Futu Holdings Ltd. Futu Clearing Inc., a member of FINRA/SIPC, provides clearing, settlement, and trade execution services.

Moomoo does not provide investment recommendations or tax, legal, accounting or actuarial advice

Moomoo is a mobile-oriented broker that offers free stock and option trades in an easy-to-use trading platform with low margin rates. It is not built for passive retirement investors, as it does not offer IRAs, mutual funds, or bonds. Moomoo does not provide investment recommendations or tax, legal, accounting, or actuarial advice.

Moomoo is a broker-dealer registered with and regulated by the United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). While Moomoo assists its customers in executing trades in securities and provides certain information about U.S. securities markets, it does not offer investment advice or recommendations. The company understands that clients should consult with appropriate professionals for such advice.

Moomoo provides traders with quick views of the most active stocks or biggest movers and allows them to shift between winners and losers across several markets, including the U.S., China, Hong Kong, Singapore, Japan, and Australia. It also offers free real-time Level II data from Nasdaq, helping traders make informed decisions.

Moomoo offers margin rates that are on the more attractive side, with a flat rate of 6.8% as of December 2023, which is competitive with the best in the industry. The company also offers a relatively high interest rate on cash balances, with a headline rate of 5.1% for new users as of December 2023.

While Moomoo provides powerful analysis tools with real-time data, it is important to note that the company does not provide investment recommendations or personalized investment advice. The investment information provided by Moomoo is for informational and general educational purposes only and should not be construed as investment or financial advice.

Moomoo's mission is to make investing a viable option for people to achieve their financial goals by offering a platform with the tools and data needed for users to invest smarter. The company strives to make smarter investing accessible to everyone by removing barriers and paywalls that have traditionally made investing seem like it is only for professionals or the wealthy.

In summary, Moomoo provides a user-friendly platform with competitive fees and features for active traders. However, it is important to note that Moomoo does not provide investment recommendations or tax, legal, accounting, or actuarial advice. Clients are responsible for their investment decisions and should consult with appropriate professionals for specialized advice.

Moomoo offers a premium option for options trading

Moomoo's premium option for options trading includes the following features:

• $0 commissions on all US exchange-listed ETFs
• Margin rates as low as 6.8%
• Choose from 63+ indicators and 38 advanced drawing tools
• Powerful analysis tools with real-time data
• Free 60-level bids/asks quotes
• 8.1% APY on uninvested cash and up to 15 free stocks
• 1.5% Cash Reward + 8.1% APY on idle cash
• $100 Cash Reward

In addition to these features, moomoo also provides access to educational resources and a global community of investors to help traders expand and apply their investment skills and knowledge. Moomoo has also partnered with Nasdaq and Cboe to offer an in-depth market experience for US stock trading.

With its premium option, moomoo offers traders a comprehensive suite of tools, data, and resources to support their options trading journey.

Moomoo users can trade US and international stocks from a single account

Moomoo is an online trading platform and commission-free brokerage firm that allows users to trade US and international stocks from a single account. Users can trade stocks across five stock exchanges, including the NYSE and NASDAQ, as well as over-the-counter stocks (OTCs) and ETFs.

Moomoo offers $0 commissions on all US exchange-listed ETFs and allows users to buy a portion of a single share of a stock or ETF from just $5. The platform also provides advanced charting tools, such as 60+ technical indicators and 38+ drawing tools, as well as real-time Level 2 data with up to 60 bids/asks price levels.

In addition to its trading features, Moomoo offers a variety of educational resources, including 200+ educational resources, financial news from 50+ premium sources, and access to a global community of 24 million+ Moomoo users.

Moomoo is a brand of FUTU Holdings, a Hong Kong-based global financial institution. Financial services in the Moomoo app are provided by Moomoo Financial Inc. Moomoo Financial Inc. is a US-based brokerage firm registered with and regulated by the SEC and FINRA. Moomoo Financial Inc. is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).

Moomoo is an independent brand of FUTU Holdings, a Hong Kong-based global financial institution

Moomoo is offered by Moomoo Technologies Inc. ("MTI"), which is not a broker-dealer and does not provide investment advice or recommendations. Securities products and services offered through the Moomoo app are offered by broker-dealers that are duly licensed and registered in their respective jurisdictions. In the U.S., securities products and services are offered by Moomoo Financial Inc. ("MFI"), an SEC-registered broker-dealer and member FINRA/SIPC. Futu Clearing Inc., member FINRA/SIPC, provides clearing, settlement, and trade execution services. MTI, MFI, and Futu Clearing are indirect, wholly-owned subsidiaries of Futu Holdings Limited (Nasdaq: FUTU).

Moomoo has made international trading more accessible and has become the top choice for U.S. stock trading in Japan, as well as one of the most popular trading apps for U.S. stocks in Canada. Moomoo has also helped to educate younger demographics about investment and personal finance, conducting educational seminars at Newcastle University in Australia and collaborating with Macquarie University.

Moomoo provides users with advanced charting tools, technical analytics, and in-depth data. It offers free access to investment courses, educational materials, and interactive events that any investor, at any level, can benefit from. Users can join forum discussions, trending topics, and seminars to better their investment knowledge and insights. Moomoo is not just an investment platform, it is an investment journey.

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