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Moomoo, an investmentand trading platform with over 20 million global users (Users of
Moomoo is currently offering a 5.1% annual percentage yield (APY)* on all uninvested cash for new and qualified users and will kick off these new-user promotions for 2024.
Get A Limited time APY Boost To Moomoo’s Cash Program: 8.1% APY (5.1% Base APY + 3% Extra Boost For 3 Months)
As mentioned, Moomoo’sCash Sweep program, tailored for U.S. investors, offers an impressive 5.1% APY – which it reports is eleven times the national average savings account rate. The company shares that this compares favorably against competitors, such as
Moomoo’s cash sweep program further stands out for its lack of sign-up fees, account fees or deposit caps – making it an attractive option for earning passive income on idle cash set aside for investing purposes.
The Cash Sweep program is also very flexible, allowing users to withdraw or invest funds at any time without lock-up periods. This allows investors to quickly capitalize on market opportunities if needed while earning a return that doesn't compromise their liquidity. Moomoo's partner banks also provide
Importantly, this program aligns with Moomoo's commitment to transparency, innovation and support of the investment community with all the tools and services necessary to succeed in the long term.
New-User Promotions: Potentially Earn 8.1% APY Using A 3-month APY Boost, Plus Up To 15 Free Stocks
For a limited time, Moomoo is offering a promotion for new users that encompassesmultiple rewards, including a coupon offering to boost the base APY even higher for three months on uninvested cash in its Cash Sweep Program and free stock incentives for qualified deposits.
Specifically, new users who open an account enroll in the Cash Sweep and activate the APY booster coupon. They will earn a 5.1% APY plus an additional 3% APY temporary booster (a total of 8.1% APY) for three months in Moomoo's Cash Sweep Program.
Additionally, new users will receive up to 15 free stocks with a qualified deposit, potentially valued at up to
This 8.1% APY promotion is valid from
The offer is restricted to
Terms and conditions apply to all offers. The Free Stocks offer is only available to clients who have never made a deposit and the free stocks received will vary. For more info, visitmoomoo.com/us/support/topic4_410.
Navigating Opportunities And Risks With Moomoo
While Moomoo offers a range of features and promotions that may be appealing to both new and experienced investors, it’s important to approach these opportunities with a clear understanding of the associated risks inherent to trading and investing to make informed decisions based on individual financial goals and risk tolerance.
That said, Moomoo provides free education and a community to help set users up for potential success. Couple that with Moomoo's low fees, comprehensive market information, user-friendly interface and latest promotions, and it proves to be an incredibly competitive choice in the online trading platform market.
Click here to visit Moomoo’s website and take advantage of the offer!
Featured photo courtesy of Moomoo.
This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice.
*Cash Sweep 5.1% APY is only for new and users that meet either qualifying deposit, transfer, or referral requirements. If conditions are not met, the rate is 0.03%. Rate as of
*8.1% APY breakdown: Base rate as of
Additionally, any fees Moomoo Financial receives may vary and is subject to change. Neither
How
Please note that until funds are swept to a program bank, they are held in your brokerage account which is protected by
Investing is risky. Moomoo is a financial information andtrading app offered by
Benzinga was commissioned for this article and is not affiliated with the Moomoo app or its affiliated companies. This includes
Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. We believe investing is a transformative and long-term journey. That's why moomoo empowers investors with the tools and data they need to help unlock their financial potential today and in the future. Whether you're a beginner or a pro, moomoo is here to power your investment journey. With access to a wide range of both user-friendly and advanced features, including real-time market data, technical analysis tools, and in-depth order book data moomoo users can potentially enhance their trading strategies to pursue their goals. Our mission is built on three core values: transparency, innovation, and community. By using these values to guide us, we deliver a comprehensive investment experience for individuals across all trading levels.
This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.
Contact Details
kyeeloy@us.moomoo.com
Company Website
http://www.moomoo.com
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