Moomoo is currently offering new users two generous promotions.
- Five free stocks for depositing $100. Get 25 additional free stocks for depositing $2,000. Each free stock is worth between $2 and $2,000.
- Earn 8.10% (base rate is 4.1% APY plus a 4% temporary boost) on uninvested cash for 90 days after enrolling in Moomoo’s cash sweep program. You’ll earn 4.1% after.
You can combine both offers.
For the free shares, here’s what you need to know:
- Your free shares will be “Frozen” for 60 days after you claim them. During this time, you need to keep your average account balance at or above $100/$2,000 to unlock the shares for trading. If you take money out of your account and your balance goes below $100/$2000, you won’t be able to claim the stocks once the holding period is up.
- After you claim the bonus and keep your average balance at the right level for 60 days, your free fractional shares will appear in your account within five trading days. Once they’re in your account, you can trade or cash out.
- There is approximately a 99.559% chance of getting a share of stock worth $2-$9.99, a 0.4% chance of getting a share of stock worth $10-$99.99, and a 0.041% chance of getting a share of stock worth $100 or more
Moomoo is a commission-free brokerage with no account fees or minimums. It’s a good fit for active stock traders seeking advanced research and analysis tools. You can learn more about it in our Moomoo review.
Moomoo vs. Webull Free Stock Offer
Webull, a commission-free online trading platform, offers up to 20 free shares valued between $3 and $3,000 to US residents.
- Deposit between $100 and $499. Earn 3 fractional shares of stock, each worth up to $3,000.
- Deposit $500 or more. Earn 20 fractional shares of stock, each worth up to $3,000.
While the odds of receiving a stock valued at $1,000+ are slim (0.0001%), all free shares are available five business days after deposit clearance. So, while the potential isn’t as high, you can cash out much faster with Webull than Moomoo.
Learn more about the platform in our Webull review.
Other current promotions include:
| Company | Free Stock Offer |
| Robinhood | Up to $200 in free shares with no deposit required. |
| Stash | $30 in free stock for a 1 cent deposit. |
| TradeUP | Up to $3,600 in free stock with a minimum $100 deposit. |
Final Thoughts on the Moomoo Free Stock Offer
Moomoo consistently offers one of the best free stock offers available. If you’re looking for a brokerage app with similar features to advanced desktop trading apps, Moomoo is a solid choice.
