Disclosure
Disclosure
Disclosure
Disclosure
Participation Requirements
Bonus is available only to clients who are U.S. residents 18 years or older with a valid Social Security Number (SSN) and have not made a deposit or transfer before the start of this promotion. This bonus is only eligible for the first time you make to moomoo.
Each device, regardless mobile or computer, can be only entitled to one set of account opening bonus and deposit bonus. After your first account receives the reward for opening an account and deposit bonus, all other accounts on this device will no longer be able to receive the reward.
How do I receive my tickets?
Once the ticket redemption is confirmed, we'll email your tickets within 3 business days! Use your tickets from the email and enjoy the Mets suite experience!
How can I claim my Deposit Bonus-Free Stocks?
Once your deposit settles and meets the promotion criteria, we'll send you an in-app notification. Then you can go to the "Welcome Bonus" page on the moomoo app and tap the "Draw" button on the page to claim your rewards (You can go to the event page via "Me" - "Promotions" - "Welcome Bonus". If you didn't receive the in-app notification or any opportunities to draw within five business days after you met the promotion criteria, please do not hesitate to contact our customer service );
Tap "Draw" to draw a free stock. If you have multiple opportunities, you can continue to draw until you use them up, and you need to finish the "Draw" within the promotion period. Within 5 business days of a successful draw, your free stock will be added to your account as "Pending" or "Frozen". You can check it at the bottom of the "Brokerage Account" page in "Trade".
What is the Cash Sweep Program?
Cash Sweep Program is a cash management program provided by Moomoo Financial Inc. This program is only open to US securities accounts under Moomoo Financial Inc. Uninvested cash is automatically swept to the bank(s) through this program and is eligible to earn interest.
When the cash purchasing power of the securities account is negative, the uninvested cash will be automatically redeemed from the bank(s) to the securities account before the transactions are settled to avoid the payment of financing interest. When the cash is positive, it will be automatically deposited in the bank(s) at 2pm EST of each trading day to earn interest.
More information can be found in the full MFI Cash Sweep Program Terms and Conditions.
The sweep program (1) allows an investor to earn a rate of interest on free cash that is higher than the rate offered for cash held in a brokerage account and (2) banks in the program offer insurance on such cash that is higher than that available for an SIPC-covered account.
The uninvested cash swept to program banks is eligible for FDIC insurance up to $1 million. or $250,000 per program bank, inclusive of any other deposits you may already hold at the bank in the same ownership capacity, which may impact how much is covered. You are responsible for monitoring the total amount of deposits that you have with each Program Bank, in order to determine the extent of FDIC deposit insurance coverage available to you.
Please note that until funds are swept to a program bank, they are held in your brokerage account which is protected by SIPC. Once funds are swept, they are no longer held in your brokerage account and are not protected by SIPC. However, these funds are eligible for FDIC insurance through the Program Banks subject to FDIC insurance coverage limits.
When will my free stocks be available for trading?
Step 1: Meet the promotion criteria. After you successfully receive free stocks during the promotion period, you will have to maintain a minimum asset balance of $100 for 60 days to unlock your 5 free stocks, or to maintain a minimum asset balance of $2,000 for 60 days to unlock another 25 free stocks. (Note: if you withdraw assets during the bonus freezing period resulting in your account equity falling below the bonus threshold, you will not be able to claim free stocks. If you have not withdrawn any assets during the freeze period, but your assets have decreased to less than the bonus threshold due to trading or price fluctuations in the market, you can contact customer service for help.
Step 2: Within 5 trading days following the conclusion of the 60-day waiting period, your free stocks will be added to your account and available for trading.
How does moomoo calculate your average assets?
Your average daily assets will be calculated beginning the day after you draw and receive your free stocks.
For example, if you draw and receive your free stock on October 21, the average assets, for purposes of this promotion, will be calculated from October 22,
October 22: $200
October 23: $300
October 24: $500
…
December 21:$15,000
60-days average assets = $(200+300+500+……+15,000)/60
Can I receive all: account opening bonus, transfer-in bonus and deposit bonus at the same time?
Yes, you can participate in all bonuses at the same time if you meet the eligibility of being a new user who has not opened an account, not made a deposit nor made an ACAT transfer.
The system will determine which new user promotion you are participating in based on your registration channel and issues you with the rewards. If you register and make a eligible deposit, you will be receive a deposit bonus. If you choose to make another ACAT transfer, you will receive another transfer-in bonus upon your eligible transfer. Or vice versa, you maybe eligible to receive a deposit bonus first and then receive a transfer-in bonus. Each account can only be entitled to one deposit bonus and one transfer-in bonus.
Whether other types of promotions can be stacked is subject to the Terms and Conditions of the specific activity.