How to Get a Moomoo Welcome Bonus – Claim your $2,200

How to Get a Moomoo Welcome Bonus – Claim your $2,200

**Limited-time welcome offer: Get up to $2,200 in welcome rewards for new members who fund their account. Get $2,000 when you sign up, plus $200 and a 6% rebate when you deposit $2,000.**

Are you looking to get started with Moomoo, the popular trading platform? One of the best ways to kickstart your trading journey is by claiming the Moomoo welcome bonus.

Moomoo is a trading platform that has gained huge popularity among traders and investors worldwide. One of the most exciting aspects of the platform is its generous welcome bonus, which provides new users with a good opportunity to kickstart their trading journey.

Whether you’re an experienced trader or you are just getting started, the Moomoo welcome bonus is a significant boost to your investment portfolio.

This guide will explain how to get your Moomoo welcome bonus. We will be detailing the different bonus choices and advantages and highlighting the benefits, terms and conditions associated with this enticing offer.

Who is eligible for the Moomoo welcome bonus?

Only new users who have never made a deposit or made any transfer into a Moomoo account are eligible for a Moomoo welcome bonus. Below are the requirements that make you eligible for a Moomoo welcome bonus:

  • You must be a U.S. resident aged 18 or older
  • You must have a valid Social Security Number (SSN)
  • Have not opened a Moomoo brokerage account before the start of the promotion period
  • Plan to make your first eligible deposit or transfer during the promotion period

It is worthy of note that the welcome bonus is limited to one reward per device, ensuring fairness and preventing abuse of the promotion.

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July 2024 promo terms and conditions

Requirements to receive the Moomoo welcome bonus

To claim your Moomoo welcome bonus, you’ll need to meet specific requirements depending on the bonus type you choose. Generally, you’ll need to either transfer assets from another broker or make a qualifying deposit into your newly opened Moomoo account. The platform offers two distinct welcome bonus options:

  • Transfer-In Bonus: Receive a 1.5% cash reward when you transfer eligible assets from another broker to your Moomoo account. This bonus is capped at $300, which means you’ll receive the maximum cash reward for transferring $20,000 or more.
  • Deposit Bonus: If you prefer to start fresh, you can opt for the deposit bonus, which entitles you to receive seven fractional shares of the “Magnificent 7 Stocks” when you make a deposit of $100 or more. Initially worth $35, the value of these fractional shares may vary based on market conditions.

How to get a Moomoo welcome bonus

Claiming your Moomoo welcome bonus is a straightforward process, but it’s essential to follow the steps carefully to ensure you meet all the requirements.

Moomoo free stock: How to get a free stock bonus

To receive the Moomoo free stock bonus, you’ll need to complete the following steps:

  • Download the Moomoo app and register for a new account.
  • Make a qualifying deposit of $100 or more into your new account.
  • Once your deposit is processed, you’ll receive seven “pending” fractional shares of the “Magnificent 7 Stocks” in your account.
  • Maintain an average asset balance of $100 or more for 60 days to “unlock” your free stock bonus.
  • After successfully unlocking your bonus, Moomoo will add the fractional shares to your account within five business days.

Remember, you can start trading your free stock once it’s added to your account.

moomoo july 2024 promo - comparewise

Moomoo cash bonus: How to get a cash bonus

If you prefer a cash bonus, you can take advantage of the Moomoo transfer-in bonus by following these steps:

  • Open a new Moomoo account if you haven’t already.
  • Initiate a transfer of eligible assets (stocks, ETFs, cash, and certain options) from another broker to your Moomoo account.
  • Once the transfer settles, Moomoo will credit your account with a 1.5% cash reward based on the value of the assets transferred, up to a maximum of $300 (for transfers of $20,000 or more).

It’s important to note that the Moomoo cash bonus rewards can only be used for eligible equity purchases within your Moomoo account and hold no other value.

Moomoo cash coupons: How to get cash coupons

In addition to the free stock and cash bonuses, Moomoo also offers cash coupons as part of its welcome bonus program. To receive these coupons, you’ll need to transfer a specific amount of assets to your Moomoo account:

  • Transfer between $10,000 and $49,999 to receive a $200 cash coupon or a $200 Apple gift card.
  • Transfer between $50,000 and $99,999 to receive an $800 cash coupon or an $800 Apple gift card.
  • Transfer $100,000 or more to receive a $1,200 cash coupon or a $1,200 Apple gift card.

These cash coupons and gift cards can be used for various purposes, providing you with additional value and flexibility.

Benefits of getting a Moomoo welcome bonus

The Moomoo welcome bonus offers several advantages that make it an attractive proposition for both new and experienced traders:

  • Boost Your Portfolio: Whether you choose the free stock bonus or the cash bonus, the welcome bonus can provide a valuable addition to your investment portfolio, giving you more capital to work with from the start.
  • Explore New Opportunities: With the extra funds or fractional shares, you can diversify your portfolio by exploring new investment opportunities and experimenting with different strategies.
  • Lower Entry Costs: The welcome bonus effectively reduces the initial costs associated with starting a new trading account, making it more accessible for those with limited capital.
  • Incentive for Loyalty: By offering generous rewards, Moomoo encourages users to remain loyal to the platform, fostering a long-term relationship with their customers.

Tips to maximize your welcome bonus

To make the most of your Moomoo welcome bonus, consider the following tips:

  • Evaluate Your Investment Goals: Carefully assess your investment objectives and risk tolerance to determine which bonus option (free stock or cash) aligns best with your strategy.
  • Transfer Eligible Assets: If you choose the transfer-in bonus, make sure to transfer only eligible assets, such as stocks, ETFs, cash, and certain options, to avoid any complications or disqualifications.
  • Monitor Your Asset Balance: For the deposit bonus, keep a close eye on your average asset balance to ensure you meet the 60-day requirement for unlocking your free stock.
  • Diversify Your Portfolio: Use the bonus funds or fractional shares to diversify your portfolio by investing in different sectors or asset classes, reducing your overall risk.
  • Stay Informed: Regularly check Moomoo’s website or app for updates on the welcome bonus program, as terms and conditions may change over time.

Moomoo welcome bonus terms and conditions

While the Moomoo welcome bonus offers incredible value, it’s essential to understand and comply with the terms and conditions associated with the promotion. Here are some key points to keep in mind:

  • Exclusivity: The welcome bonus is available only to new Moomoo users who have not made a deposit or transfer before the start of the promotion.
  • Residency Requirement: You must be a U.S. resident aged 18 or older with a valid Social Security Number to be eligible for the bonus.
  • Asset Eligibility: Certain asset types, such as bonds, mutual funds, pink sheet stocks, fractional shares, or OTC stocks, may not be eligible for the transfer-in bonus.
  • Maintenance Period: For the deposit bonus, you must maintain the required average asset balance for 60 days to unlock your free stock.
  • Bonus Crediting: Cash rewards and free stocks will be credited to your account within a specified timeframe (typically 5-15 business days) after meeting the requirements.
  • Promotional Period: The welcome bonus promotion may have a limited validity period, so it’s essential to check the current offer details.

It is advisable that you carefully review the complete terms and conditions on the Moomoo website or app before participating in the welcome bonus promotion.

Start trading with a bonus

The Moomoo welcome bonus presents an exciting opportunity for new users to kickstart their trading journey with a valuable head start.

Whether you prefer the free stock bonus, cash bonus, or cash coupons, this promotion can provide you with additional capital, diversification opportunities, and a lower entry cost.

By following the step-by-step guide that we have outlined in this article and adhering to the terms and conditions, you can easily claim your welcome bonus and start trading with a competitive advantage.

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FAQs about how to get a moomoo welcome bonus

What is the welcome bonus for Moomoo trading?

Moomoo offers a 6% cash rebate + $2,200 in rewards for transferring assets from another broker.

How do I claim free stock on Moomoo?

Open a new account, and get a $2,000 commission card, 6% rebate on deposits and a $200 bonus.

How to claim rewards on Moomoo?

Sign up for a $2,000 commission card, make a deposit and get a 6% rebate and deposit $2,000 for a $200 bonus.

What is the Moomoo 6.8 promo?

Details about a specific "Moomoo 6.8 promo" were not provided. Check Moomoo's website/app for the latest promotional offers.

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July 2, 2024
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