This means you could, in theory, lose more than you deposit. The only point to keep in mind is that you will not be covered by negative balance protection. As a US trader, you will also be further insured for as much as $500,000 under the Securities Investor Protection Corporation (SIPC). They are also regulated in Singapore by MAS who is another of the most respected bodies in the financial regulatory world.Įverything in this regard points to this being a very safe and secure trading environment. This kind of regulation is reserved for the most trusted of companies and is something that requires a high degree of compliance from Moomoo. The first of these is that they are a subsidiary of Futu Holdings Limited which is a NASDAQ listed company in the United States.ĭirectly related to trading, they are regulated in the US by the SEC and FINRA. This is due to a number of factors beyond them only being in existence since 2018. This website does not contain any content which might present a conflict of interest.ĭespite the fact that the company itself is relatively new, Moomoo has quickly gained a reputation as a very trustworthy place to trade. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question. The views and opinions expressed on this website are purely the author. Even though the owner(s) of this website receives compensation for our posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. The owner(s) of this website may be compensated to provide opinions on products, services, websites and various other topics.
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Regardless, the owner of this website only recommends products or services that will add value to their readers. This means if you click on the link and purchase the item, the owner of this website will receive an affiliate commission. Some of the links in this website either through images, text, audio or video are affiliate links. When in doubt, you should consult a qualified financial advisor before making any investment decisions. Do not trade with money that you cannot afford to lose. Please be aware of the risks involved with any trading done in any financial market. We do not accept any liability for any loss or damage whatsoever caused in reliance upon such information or services. Securities.io is not a registered broker, analyst, or investment advisor.Īll information contained herein should be independently verified and confirmed. You should be aware that you may lose a significant portion of your portfolio. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk. There is a very high degree of risk involved in trading securities.