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Is moomoo app legit or scam?


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On 9/1/2022 at 7:36 AM, Greenliv said:

My question on Moomoo. If I buy ST shares (SG shares e.g. DBS shares), do the shares get credited into my CDP account, or into a Moomoo account?

 
hi Greenliv!

 

All your transactions will be managed by Moomoo. Thus, your stocks purchased will remain within the portfolio in Moomoo.

 

Hope this helps.

 

Cheers!

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On 9/1/2022 at 8:20 AM, Guest Passer said:

 
hi Greenliv!

 

All your transactions will be managed by Moomoo. Thus, your stocks purchased will remain within the portfolio in Moomoo.

 

Hope this helps.

 

Cheers!

Thanks. I suppose the trading fee is cheaper than the normal stockbroking fee in such a case.

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