If you’re thinking about opening a Moomoo trading account, it’s definitely worth checking for any Moomoo Canada promotions or sign-up offers first. The good news is that Moomoo Canada frequently offers incentives to sign up to its platform—like cash rebates, cashback or commission-free trading.
We’ve compiled a list of the latest Moomoo promotions, sign-up offers and referral bonus details available now, so you can easily see what’s available and decide if opening a Moomoo account is right for you. Plus, keep reading to compare Moomoo’s offers with other competitor platform offerings on now.
Moomoo promotions and offer codes available now
Moomoo
Get up to $4,600+ in trading perks: Get a 6% cashback reward offer, commission fees refunded up to $2,000 in the first 30 days, $300 in stock coupons and $2,300 in transfer-in rewards.T&Cs apply.
Trade US stocks for up to 90% less and access free real time stock quotes and Level 2 market data.
Is there a Moomoo referral bonus?
Yes, Moomoo offers a referral bonus when you refer a friend to the platform. Moomoo customers who refer a friend can get $100 when the friend they refer opens a Moomoo account in Canada and deposits a minimum of $1,000 into the account. Then the referrer would get an additional $30 when their friend makes their first trade.
That means you could get a bonus worth up to $130 for every friend you refer to Moomoo’s platform.
Is Moomoo worth switching to?
Yes, Moomoo can definitely be worth switching to if you’re a self-directed investor who wants a low-fee trading platform with access to a high-performance trading experience.
Besides offering a comparatively low commission fee of only $1.49/stock, Moomoo also offers free access to Level 2 market data, fast execution speeds and high-performance charting tools.
Moomoo doesn’t charge a monthly or annual account fee and offers free withdrawals for both EFTs and wire transfers. It is registered with the CIRO and CIPF.
Check out our list of the best stock trading platforms in Canada to learn more about how Moomoo stacks up compared to other trading platforms in Canada.
Compare Moomoo promotions to other trading platform promotions
Like Moomoo, it’s common for online brokerages in Canada to offer promotions for opening an account. Here’s a summary of current investment account promotions available so you can easily compare Moomoo promotions with what other platforms are offering. You can also see our full guide to trading promotions here.
Qtrade Direct Investing
Earn up to $2,000 cashback when you open and fund a new Qtrade account. Valid until July 31, 2026.
Frequently asked questions about Moomoo promotions
Is it worth having trading accounts with Moomoo and a different trading platform?
It can be worth opening a Moomoo account alongside another brokerage account on a different platform if you want to benefit from access to features across both platforms or if one single platform doesn't satisfy your entire wish list. It's also a great way to take advantage of multiple investment account bonuses.
Do I have to pay taxes when transferring funds to Moomoo from other financial institutions?
It's possible that funds transferred to Moomoo may be subject to certain tax laws. For example, transfers from cash accounts at other financial institutions to your Moomoo account may be subject to capital gains tax or provide capital losses upon liquidation. On the other hand, registered accounts, like TFSAs and RRSPs, aren't taxable when transferred in kind between institutions. For more information about how taxes work when stock trading, visit our full guide to the topic here.
What are the disadvantages of Moomoo?
While Moomoo has made a name for itself with low-fee trading and free access to Level 2 data, you won't be able to trade more complex securities like mutual funds, bonds and cryptocurrencies.
Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.
Chelsey Hurst is a publisher at Finder, specializing in banking and investments. She loves empowering people to avoid financial pitfalls and make better decisions with their money. Chelsey has a Bachelor of Science from Redeemer University, a Master of Science from McMaster University, and has won multiple awards for research communication. In her spare time, Chelsey enjoys cooking and taking long walks in nature.
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