The part of Moomoo's sign-up offer that caught my eye this round isn't the S$1,100 headline. It's the S$30 in Anthropic shares new users can get, which you can't really buy anywhere yet. I went through Moomoo SG's referral, Welcome Rewards, Anthropic and transfer-in terms properly, because the headline numbers hide a lot of conditions.
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π Referral code: LWJ2S9EM π Referral link: https://j.moomoo.com/0ME0oT (opening this before you register applies the code for you)
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Full disclosure, the code and link are mine. I keep the full tier tables, steps and FAQs on DLCuration's Moomoo referral page: https://dlcuration.com/moomoo-referral-code.html
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What a new user actually gets
- S$30 in Anthropic fractional shares. Moomoo calls this the Exclusive Deposit Reward for referred new users. Make a cumulative net deposit of S$3,000 and keep at least S$3,000 in the account for 60 days.
- Account opening perks. An 8% Fund Yield Coupon (worth up to S$30), lifetime 0 commission on US stocks and ETFs, 1 year of 0 commission on SG stocks, ETFs and REITs, and free Level 2 US market data. Platform fees and other fees still apply.
- Welcome Rewards by deposit tier (net deposit reached within 30 days of your first deposit):S$3,000, held 30 days: S$20 of NVIDIA shares + S$40 in trading coupons (S$20 Γ 2)
S$10,000, held 90 days: S$120 of NVIDIA shares + S$80 in coupons
S$100,000, held 90 days: S$370 of NVIDIA shares + S$410 in coupons
S$500,000, held 90 days: S$470 of NVIDIA shares + S$570 in coupons - S$30 in trading coupons for making two buy orders of any amount.
The S$1,100 figure is the S$500,000 tier plus the fund coupon and the trading reward. Most people will be looking at the S$3,000 tier, which works out to the S$30 Anthropic shares, S$20 of NVIDIA shares, S$40 in coupons, S$30 in trade coupons and the fund yield coupon.
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If you're moving shares in from another broker or CDP
Moomoo pays one transfer-in tier based on your first successful transfer-in, and you keep the value for 90 days from when you claim:
- S$10,000 β S$100 in trading coupons
- S$100,000 β S$800 in coupons
- S$300,000 β S$1,500 in coupons
- S$500,000 β S$1,800 in coupons
- S$1,000,000 β S$2,500 in coupons, or an iPhone 18 Pro Max (512GB)
A first CDP share transfer of S$10,000 or more also gets a 365-day SG stock commission-free card and an S$88 trading coupon (S$880 minimum buy). Moomoo also subsidises your old broker's transfer fees, up to S$200, if you email them the statement.
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How I'd do it, step by step
- Open https://j.moomoo.com/0ME0oT first, or download the moomoo app and enter LWJ2S9EM in the referral / invitation code field when you register.
- Open your Moomoo SG universal account and finish the identity checks.
- Deposit S$3,000 from your own bank account. Try to hit your tier within 30 days of the first deposit.
- Go to the campaign page in the app and press Claim on each reward. Rewards show up under My Rewards.
- Leave the money in: 30 days for the starter NVIDIA shares, 60 days for the Anthropic shares, 90 days for the bigger tiers. Make two buy orders for the extra S$30 in coupons.
Things that can cost you the reward β οΈ
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Set up the referral before your first deposit or transfer. It can't be added after you've funded. If you've registered but not deposited, check with Moomoo support before you fund.
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The Anthropic shares only arrive after Anthropic lists. Until then you hold an eligibility entitlement. Moomoo says the shares are issued within 10 trading days of the listing, then stay frozen until your 60 days are done. If the listing is cancelled, delayed or impracticable, Moomoo can swap in a reward of similar value (another US share, a cash equivalent or a trading coupon). It gives no IPO allocation.
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Moomoo's separate Anthropic new-user promotion closes a few days before the referral programme, so don't leave the S$3,000 deposit to the last week.
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Money from a CDP-linked account doesn't count towards the deposit, and moving cash out to a CDP-linked account can drop you below the threshold.
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Every withdrawal reduces your net deposit, whatever the source. Dip below the tier during a holding period and the frozen shares are forfeited.
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Claim your rewards. Unclaimed rewards are forfeited, and trading coupons expire (60 days for Welcome Reward coupons, 90 days for transfer-in coupons).
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You can only be referred once. Moomoo says the referral campaign isn't stackable with any other referral activity.
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Prices move. The NVIDIA and Anthropic rewards are fractional shares, so their value goes up and down.
Who can use it
- You've never registered a moomoo ID, or you registered more than 30 days ago and have never deposited or transferred anything into a Moomoo SG universal account.
- Singapore resident, individual account (no corporate accounts).
- One reward set per person, device and phone number. Moomoo SG staff and their families are excluded.
- The deposit task has to be done within 30 days of the referral being set up.
The honest caveat
Moomoo Financial Singapore holds a MAS Capital Markets Services licence, and its parent Futu is NASDAQ-listed, but it's a broker, not a bank, so your cash isn't SDIC-insured. Promotions also change often, so read Moomoo's current terms (the Current Promotions page in Moomoo SG's help centre) before you deposit. If something here no longer matches, the DLCuration page linked above is where I update the numbers.
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Not financial advice. Just sharing how I'd go about it if I were opening an account now.