Moomoo Financial supports users in finding success in the stock markets by providing them with advanced tools and comprehensive data that are essential for becoming seasoned investors. Previously, such technology was limited, complex, and costly, but now, Moomoo Financial offers them at no cost to the user.
While it only launched in Canada in 2023, Moomoo Financial is a well-known online broker around the globe with a whopping 23 million plus users.
Moomoo Financial is also regulated by the Canadian Investment Regulatory Organization and is a member of the Canadian Investor Protection Fund. Plus, it’s registered with securities regulators in all provinces (excluding the territories).
In other words, Canadians should get excited about this secure and proven tool to up their investing game.
Moomoo Financial features
Here's an overview of the many tools and features that Moomoo Financial has to offer:
Why You Want It
$65 GeniusCash + Get up to $2,200 in trading perks + Extended trading hours.Special Features
- Low-commission stock and ETF trading
- Excellent analytical and educational tools
- No account minimum
- Extended trading hours
- Nasdaq TotalView free trial
- Free level 2 market data
Eligibility
- Have a Canadian SIN
- Be a Canadian resident
- Have a valid mobile phone number and email address
- Be the age of majority in your province or territory
Provinces
AB, BC, MB, NB, NL, NS, ON, PE, QC, SK
Features
Types Of Accounts
- TFSA
- RRSP
- Cash, Margin
Types Of Investments
- Stocks
- ETFs
- REITs
- IPO Subscriptions
- Stock Options
Minimum Investment
$0
Email Support
Live Chat Support
Phone Support
Minimum Stock Fee
$1.49
Maximum Stock Fee
N/A
Minimum ETF Fee
$1.49
Maximum ETF Fee
N/A
Active Trader Stock Fee Per Trade
N/A
Cover Transfer Fees?
Minimum Deposit To Cover Transfer Fee
$0
Maximum Covered Transfer Fee
N/A
Withdrawal Fees?
Account Maintence Fees
$0
Inactivity Fee Amount
$0
Promotion Description
$2,000 rebate commission stock cash coupon card and up to $200
Promotion Max Value
$2,200
Promotion Requirements For Max Value
$2,000
Promotion End Dates
N/A
Moomoo Financial product rating: 4.4 stars
Moomoo Financial has arrived on the Canadian investment scene with quite a flourish, showcasing its competitive fees, no account minimums, freebies, and access to excellent research and educational tools.
Those tools, coupled with Moomoo Financial's extended trading hours, are excellent signs that this company cares about its users.
Still, we would like to see more account types available – Moomoo Financial only offers 4 while other online brokers offer as many as 17.
Rating methodology
To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.
Learn more about our rating methodology.
Moomoo Financial alternatives
There are many other online brokers out there, and here's a look at how Moomoo Financial measures up:
 |  |  |  | |
|---|---|---|---|---|
| Account | Moomoo Financial | Questrade | Qtrade | CIBC Investor's Edge |
| Genius Rating | ||||
| Why You Want It | $65 GeniusCash + Get up to $2,200 in trading perks + Extended trading hours. | $25 GeniusCash + $50 bonus for funding a new account, and $0 commissions on stocks & ETFs | $80 GeniusCash + Earn up to 5% cash back on deposits + 140+ ETFs with no trade fees
| Lowest commission rate from a Big 5 Bank online broker + Free trading under 25. |
| Types Of Accounts |
|
|
|
|
| Types Of Investments |
|
|
|
|
| Minimum Investment | $0 | $0 | $0 | $0 |
| Email Support | | | | |
| Live Chat Support | | | | |
Show More | ||||
| I Want This Deal See more Moomoo Financial products Compare | I Want This Deal See more Questrade products Compare | I Want This Deal See more Qtrade products Compare | Open an account See more CIBC products Compare |
Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.
Hot Money Deals This Month
- Get even more cash back with exclusive offers only available on the GeniusCash app
- Explore bigger GeniusCash offers that you won't find anywhere else.
- Connect your credit cards and unlock bonus cash.
- Explore customized recommendations to level up your rewards.
- Refer your friends and family to earn bonus levels and extra cash back.
- Take control of your money with a full-featured chequing account + $50 GeniusCash
- Get up to $500 in cash when you open a new account, complete specified actions, and open 2 registered investment accounts.
- Unlimited free transactions – including debit and Interac e-Transfers®.
- Earn Scene+ points on every debit transaction.
- $50 GeniusCash on approval – ends Oct 31, 2025.*.
- Unlimited transactions + Free identity theft protection + $125 GeniusCash
- Unlimited transactions and Interac e-Transfers.
- Free identity theft protection and access to Coursera online learning.
- $125 GeniusCash on approval – ends Oct 31, 2025.*.
- Trade over 200 cryptocurrencies with the best crypto exchange in Canada + $75 GeniusCash
- Trader fee discounts for active traders.
- No fees to fund your account with Interac e-Transfers.
- Access to plenty of educational resources for free.
- $75 GeniusCash on approval – ends Oct 31, 2025.*.
- Bonus: Get one of the lowest brokerage rates from an online broker from a Big 5 Bank →
