Update 8/7/25: Extended through 8/31/25
Contents
The Offer
- Moomoo brokerage is offering a brokerage bonus to existing customers who register and transfer over assets to their Moomoo account from May 27 – July 31, 2025:
- $10k gets $200
- $25k gets $300
- $100k gets $600
- $250k get $1,200
- $500k gets $2,000
- $1M gets $4,000
- You must register for the offer first and thus confirm eligibility for the offer.
Our Verdict
It’s nice to see a deal for existing users. These tiers are pretty good, especially given that you only need to hold the assets there for a few months. (The requirement is to hold until 10 business days after the end of the promo period, and then 90 days after that.)
If I were an existing Moomoo user I’d likely get in on this offer. A few things to keep in mind:
- The Moomoo bonus runs in a unique way whereby you’re given a number of ‘Cash Rewards’ which are then used to buy investments. These rewards need to be used within 6 months. (You can buy SGOV if you want to keep it in a cash-like instrument.)
- Note that you need to transfer into Moomoo in one of two ways: 1) ACH or wire, 2) Stocks, certain options, ETFs, and cash from an account at one of the following broker-dealers: Robinhood, Webull, TD Ameritrade (including ThinkorSwim), Interactive Brokers, Fidelity, E Trade, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch (“Eligible Assets”). Transfers from other broker-dealers are not eligible for this Promotion.
- You need to register first. I imagine that’s done in the app or on the Moomoo website.
- You can only receive one set of reward for this Promotion, with no more than one account enrolled per person. Each device, regardless mobile or computer, can be only entitled to one set of reward of this Promotion.
- Moomoo often messes up the cost basis for ACAT transfers and you may have to ask Moomoo to correct and reissue a 1099 form in the following year. If you are just doing the $10K tier, it may be better to transfer in cash and buy assets on Moomoo than to directly ACAT $10K assets to Moomoo.
There’s a separate bonus offer for new Moomoo customers which we discussed here.
Hat tip to readers Zigzag and Erik
