What is Moomoo?
Moomoo is a global online share trading platform that was founded in California in 2018 by Futu, a Hong Kong-based finance company.
The majority shareholder in Futu is Tencent, a Chinese technology multinational.
Moomoo was Australia’s most downloaded trading app in 2025, and launched in New Zealand in early 2026.
What can people invest in through Moomoo?
Moomoo provides access to international markets in Australia, Hong Kong and the US.
Through MooMoo, you can invest in:
- Shares: When you buy shares, you invest in a particular company, like Tesla or Facebook. Shares can be bought or sold between people on an exchange, which is a market where people can trade shares.
- Exchange traded funds: ETFs are a group of different assets rather than one particular company, but they trade like shares on an exchange. Think of it in terms of a bakery. Buying individual doughnuts is like buying shares. You pay the price for each different kind of doughnut. An ETF is like buying a box of doughnuts, you get all the different types, which can be grouped by a theme.
- US Options
- Futures
Some key features of MooMoo include:
- Competitive transaction fees and currency exchange fees
- Free market data
- 24-hour US trading
- 24/7 access to analytical tools and financial news and videos
Tiger also offers welcome promotions, including zero transaction fees for four US and ASX shares trades each month, for the life of your account.
How much does it cost to invest with MooMoo?
Because MooMoo provides access to multiple worldwide stock exchanges, pricing is market dependent.
To celebrate its launch in New Zealand, MooMoo is offering new clients:
- Up to 38 free shares*
- 30 days of $0 brokerage*
Australian stocks and EFTs
- A$4.99 per trade, or 0.05% of transaction value, whichever value is greater
US stocks and EFTs
- US$0.99 per trade
- Pass-through fees also apply
Hong Kong stocks and EFTs
- HK$3 per trade or 0.03% transaction value, whichever value is greater
- HK$15 platform fee per trade
- Pass-through fees also apply
Note that FX fees apply. More information surrounding MooMoo’s pricing can be found here.
*Ts&Cs apply, for more details see the MooMoo website, here.
How do I sign up to MooMoo?
You can join MooMoo via its website or by downloading the MooMoo app.
You will need to provide:
- Your ID details
- Personal information and residential address
- Employment details
- Investment experience
- Nature and purpose
- Tax residence
After the application process is complete, Tiger Brokers will start assessing the information you provided instantly and update you on the progress of your application through SMS and email.
You must be 18 years or older, and living in New Zealand to set up this account.
Compare Share Trading Platforms with Canstar here!
About the author of this page
Bruce Pitchers is Canstar NZ’s Content Manager. An experienced finance reporter, he has three decades’ experience as a journalist and has worked for major media companies in Australia, the UK and NZ, including ACP, Are Media, Bauer Media Group, Fairfax, Pacific Magazines, News Corp and TVNZ. As a freelancer, he has +worked for The Australian Financial Review, the NZ Financial Markets Authority and major banks and investment companies on both sides of the Tasman.
In his role at Canstar, he has been a regular commentator in the NZ media, including on the Driven, Stuff and One Roof websites, the NZ Herald, Radio NZ, and Newstalk ZB.
Away from Canstar, Bruce creates puzzles for magazines and newspapers, including Woman’s Day and New Idea. He is also the co-author of the murder-mystery book 5 Minute Murder.
Share this article