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Moomoo's Super App Hits Malaysia with First Capital Market License
Abstract：Moomoo's recent launch of its super app in Malaysia, coupled with its pioneering Capital Market Services License, signifies a significant stride in reshaping the nation's investment landscape, offering a comprehensive suite of tools and resources to democratize investing and enhance financial inclusion.
Moomoo has launched its super app in Malaysia, securing the Capital Market Services License from the Securities Commission Malaysia, making it one of the initial global digital brokerages to offer securities and derivatives trading services.
The inauguration event in Kuala Lumpur drew attention from top executives and industry leaders, signaling the app's potential impact on Malaysia's investment landscape.
Moomoo's expansion into Malaysia aligns with its commitment to technological innovation and financial inclusion. The company aims to democratize investing by providing advanced analytical tools, resources, and a broad product range, including free access to over 1,000 Malaysian and 9,000 US stocks, ETFs, and educational tools.
To promote financial literacy, Moomoo offers over 600 complimentary investment courses and fosters an online community for collaborative learning among investors.
To mark its launch, Moomoo is offering exclusive promotions for Malaysian investors, including free Apple shares and cash rewards for eligible new users.
Robin Xu, Senior Partner and Senior Vice President of Southeast Asia and Oceania at Futu Holdings Limited, emphasized Moomoo's dedication to empowering financial markets through technology and expressed a vision of collaboration with regulatory bodies and partners.
Ivan Mok, CEO of Moomoo Malaysia, underscored the platform's commitment to providing unrestricted access to professional-grade tools and resources.
Dennis Jee, COO of Moomoo Malaysia, highlighted the platform's blend of accessibility and a comprehensive suite of tools to transform the investment experience for Malaysian investors.
Datuk Muhamad Umar Swift, CEO of Bursa Malaysia Berhad, commended Moomoo MY for launching its innovative investment app, emphasizing the importance of leveraging data and digital tools for efficient investing.
Moomoo's product offering in Malaysia includes access to various investments, pro-level analytical tools, real-time data, educational resources, an online community, zero-commission trading for a limited time, complimentary market data, and exclusive launch promotions for new users.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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