moomoo Review 2026

Last updated: February 2026 · General Trading

4.4

★★★★☆

out of 5

⚡ Quick Verdict

moomoo wins on data depth. If you're a fundamentals-driven trader who wants institutional-quality research tools without the institutional price tag, moomoo delivers more raw data than any competitor at zero cost.

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CommissionsCommission-free stocks and ETFs

Min. Deposit$0

Account TypesIndividual, IRA

Regulated ByFINRA / SIPC

Best ForResearch-focused traders, fundamental analysis, institutional-grade data for free

Who Is moomoo For?

Research-driven traders and investors who want deep fundamental data, earnings analysis, and institutional-level market information without paying for Bloomberg or Refinitiv.

Pros and Cons

✅ Pros

+ Institutional-level Level 2 data free for all users

+ Detailed earnings call transcripts and financials

+ Strong paper trading and backtesting

+ Active community with trade ideas

+ Free advanced charting tools

+ Competitive sign-up bonuses

⚠️ Cons

− Options commissions ($0.65/contract) trail Webull

− Owned by Futu Holdings (Chinese company) — some users cautious

− Smaller track record than established US brokers

− Limited retirement account options

− Customer support quality varies

Commissions & Fees

Commission-free stocks and ETFs

Zero commissions on US stocks and ETFs. Options from $0.65/contract.

moomoo in Depth

moomoo's differentiation is data depth. Level 2 order book data is free for all users — normally a $30-50/month add-on at other brokers. The platform provides institutional-grade earnings analysis including call transcripts, consensus estimates vs. actuals, and earnings history charts. Short interest data, options flow, and sector rotation analysis are all included without upgrade fees. The paper trading functionality is robust enough for serious strategy testing. moomoo is backed by Futu Holdings, which has a strong track record operating Futu Bull in Hong Kong and Singapore. US operations are regulated by FINRA and assets are SIPC-insured up to $500,000.

Ready to open a moomoo account?

Takes about 5 minutes. No minimum deposit required on most accounts.

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See How moomoo Compares

moomooVSWebull

Two feature-rich free trading platforms battle for the active trader's account. ...