Canadian investors to benefit from moomoo being the best US stock trading platform
TORONTO, CANADA 18 April 2024 – Moomoo, one of the world’s leading investment and trading platforms, and Nasdaq celebrate their six-year collaboration and announce a new Global Strategic Partnership to continue promoting investor education and market access. The signing ceremony of the Global Strategic Partnership was held in Singapore on April 18.
Officially launched in Canada since September 2023, moomoo aims to empower Canadians to make sophisticated investment decisions by providing them with advanced tools and comprehensive data essentials at a low trading cost. The moomoo app has rapidly gained popularity among Canadian users, ranking #1 among finance app downloads in Canada on Android.
“We hold Nasdaq’s dedication to creating equitable opportunities in high regard, as it mirrors our commitment to fostering financial inclusivity and helping retail investors from diverse backgrounds realize their full potential,” said Mr. Robin Xu, Senior Vice President of moomoo’s parent company, Futu Holdings. “Since moomoo’s inception, our alliance with Nasdaq has been pivotal in our mission, which is to grant retail investors access to highly-valued data and instill confidence and control in their investing journey. The feedback about moomoo’s data offering we’ve heard from our users, who are from various countries and regions, reinforce the value of our work and our belief in the path we’ve chosen.”
“We’re continuing to hear from global investors about the need for transparency and their interest in gaining access to the U.S. markets,” said Brandon Tepper, Senior Vice President and Global Head of Data at Nasdaq. “We’re excited to continue growing our partnership with moomoo to support retail investors through educational content to help make more informed investment decisions as they navigate the financial ecosystem.”
Partnering with Nasdaq allows moomoo to offer unparalleled features for Canadian investors
Moomoo is currently the ONLY online brokerage that offers free in-depth level 2 premium real-time US stock quotes and market intelligence for Canadian investors. With self-directed moomoo accounts, Canadian investors can trade in U.S. and Canadian markets through one single moomoo account, with fees up to 92% lower than competitors.
Moomoo pioneered “extended trading hours” feature, allowing users to trade US stocks and ETFs from 4am to 8pm, providing more flexibility and trading opportunities. Sophisticated technology behind moomoo also enables faster order execution. Adding on the 3-month free access to Nasdaq TotalView® starting May 1, 2024, investors can sign up now to make well-informed decisions at ease and with confidence, on the next-gen all-in-one investment super-app, moomoo.
Derek Brodie, Vice President of Strategy, Moomoo Canada stated, “We are seeing a trend of increased online trading activities, especially among the younger generation. Moomoo Canada is committed of being the best US stock trading platform in Canada. With our user-friendly platform, comprehensive tools and resources, and technological integration, we aim to empower individuals with the knowledge and resources needed to confidently navigate the financial markets.”
Working together, the enhanced partnership between moomoo and Nasdaq is set to introduce more innovative educational initiatives in the future and unlock more opportunities that help empower investors across the globe.
