Sign up with my exclusive Moomoo referral bonus link and get up to 15 free shares of stock and 8.1% APY on your uninvested cash.
For Canadian, Singapore, or Australian residents, please use your specific country’s promotional link found in this post.
Full details of the Moomoo free stock offer promotion below!
This post may contain affiliate links, meaning I get a commission at no cost to you if you decide to make a purchase through my links. Visit this page for more information. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
Moomoo Sign-up Offer – 15 Free Stocks + 8.1% APY
Join Moomoo and get a bonus of up to 15 free stocks and earn 8.1% APY on your uninvested cash thanks to The Money Ninja’s partnership with Moomoo:
For Canadian residents, please use this link. For Singapore residents, please use this link. For Australian residents, please use this link.
Sign-up Bonus Details
1. Up to 15 Free Stocks Deposit Bonus:
Get 5 free stocks for depositing a total of at least $100. Get an additional 10 free stocks for depositing a total of at least $1,000:
- Complete a net deposit of $100 and you’ll get 5 opportunities to draw for a free stock worth between $2 – $2,000 each.
- Complete a net deposit of $1,000 during the promotion period. Then, you will get 10 additional opportunities to draw for free stock worth between $2 – $2,000 each.
After drawing your free stocks, you need to maintain an average asset balance of $100 or more for 60 days to unlock the stocks (“Assets” includes cash and securities positions).
To deposit money into your account, click the “Trade” icon at the bottom menu of the Moomoo app, tap the “Deposit” button, and follow the bank ACH or WIRE on-screen directions:
Moomoo uses Plaid to connect to your bank account securely. Plaid is a technology platform that many companies use to securely connect to customer bank accounts. You can read more about Plaid here.
2. Earn 8.1% APY on Uninvested Cash
New users who have not made a deposit before May 29, 2024 are eligible to earn 5.1% APY rate on uninvested cash and one additional 3% APY Booster Coupon after opening the account. The 3% APY Booster Rate effective period of 3 months begins as soon as it is manually activated by the user.
Enrollment in the Cash Sweep Program is required to earn interest on any uninvested cash. The APY Booster Coupon must be activated before your eligible cash in the Cash Sweep Account starts to the earn the APY Booster Rate.
You must activate the APY Booster Coupon before the expiration of the APY Booster Rate Period (see chart above) indicated on the APY Booster coupon. Unactivated APY Booster Coupons will expire automatically at the end of the APY Booster Rate Period.
Brokerage | Promotion | Link |
---|---|---|
20-75 Free Stocks | Link | |
7 Free Stocks | Link | |
1 Free Stock ($25) | Link | |
$20 Bonus | Link | |
$150 Cash Bonus | Link | |
Up to $500 | Link | |
$60 Bonus | Link | |
1 Free Stock (Up To $200) | Link | |
$5,000 Bonus | Link | |
$20 Cash Bonus | Link |
About Moomoo
Doesn’t it feel like just yesterday when Robinhood was the only game in town? They disrupted the traditional business model of trading stocks with their zero commission fee structure.
Back then well-known brokerages were charging $10-$50 to buy and sell stocks. The high trading fees discouraged the middle-class from investing. Now, commissions for the most part are a thing of the past thanks to commission-free brokerage apps like Robinhood, Webull, and Moomoo.
Moomoo sets itself apart from its competitors because not only does it offer commission-free trading like other stock apps, they also provide users the ability to see real-time data such as live buying and selling of stocks. This Level 2 data is rare to get for free.
Moomoo Referral Program
Once you have your own Moomoo stock account, you can take part in their referral program and earn even more free stocks!
Become a Moomoo Ambassador and light up the Ambassador Badge by sharing your referral link with friends. If they open a Moomoo brokerage account using your link and deposit $100, the Ambassador Badge will light up and you’ll become a Moomoo Ambassador.
You’ll get free stocks for every person you successfully refer. If you refer enough people, you’ll be upgraded to a higher Ambassador level where you’ll get more free stocks per referred person.
A successful referral means a new Moomoo user who uses your referral code or link, opens an account, and deposits $100 or more.
To count towards the free stock rewards under this referral program, the people you invite must use your referral code or referral link.
How To Refer Friends:
- Tap the “Me” icon at the bottom right-hand corner of the Moomoo app.
- Tap “Invite Friends” to find your referral code or generate a new code.
- Share your referral code or referral link to friends and family.
- Receive free stocks once your friend joins Moomoo and deposits $100 within 90 days of account opening.
Here’s a screenshot of the ‘Me‘ page showing the location of the ‘Invite Friends‘ button. Click this to transfer to the section where you can get your unique referral code and links:
How To Redeem Free Reward Stocks
After you make a successful referral, it’s time to find out what your free stocks are!
Go back to the ‘Me‘ section mentioned in the previous section and click on ‘Promotions‘. Here, you can claim free stocks you received from the welcome bonus or referral bonuses.
On the following screen, click ‘Claim‘ to bring up the gumball machine where you’ll draw your free stocks:
Now, simply tap the gumball machine and it will randomly give you a free stock from its inventory. Remember that you’re 100% guaranteed to win free stocks. What stocks you’ll get are randomly selected through a lottery drawing with the following odds:
- 1 in 250 chance to win Tesla (TLSA), Netflix (NTLX), Apple (APPL), Facebook (FB), or Adobe (ADBE)
- 1 in 100 chance to win Disney (DIS), Microsoft (MSFT), Starbucks (SBUX), IBM (IBM), or Coca-Cola (KO)
- 1 in 1.04 chance to win stocks valued between $4-$15
A notification will pop up and let you know what you’ve won. For example, I received a free stock worth over $30:
The Bottom Line
I love competition because companies fight to get our business. Most of these stock apps like Moomoo are referral bonuses that offer free stocks with relatively easy requirements.
Since these apps aren’t credit card products, it doesn’t really matter how many stock accounts you open. They won’t affect your credit score. You don’t even have to keep all of them active if you’re doing this solely for the free stocks.
The lottery draw for the Moomoo free stocks is more likely to give you a stock value on the lower end of the range, but you could get lucky and receive a big one. I recently opened an account and received a share of SunPower (SPWR), two shares of General Electric (GE), and a share of Ford (F). All together, the stocks are worth $72!
The current Moomoo promotion is arguably more lucrative for new customers. Want to get more free shares of stock? Here are other stock apps that give you free shares of stock.
Disclosures: Moomoo is a financial information and trading app offered by Moomoo Techonologies Inc. Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. The creator or third-party publisher is a paid influencer and is not affiliated with Moomoo Financial Inc. (MFI), Moomoo Technologies Inc. (MTI) or any other affiliate of them. The experiences of the influencer/publisher may not be representative of the experiences of other moomoo users. Any comments or opinions provided by the influencer/publisher are their own and not necessarily the views of MFI, MTI or moomoo. Moomoo and its affiliates do not endorse any trading strategies that may be discussed or promoted herein and are not responsible for any services provided by the influencer/publisher. This advertisement is for informational and educational purposes only and is not investment advice or a recommendation to engage in any investment or financial strategy. Investing involves risk and the potential to lose principal. Investment and financial decisions should always be made based on your specific financial needs, objectives, goals, time horizon and risk tolerance. Any images shown are strictly for illustrative purposes. Past performance does not guarantee future results.