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Free Stuff

MooMoo Malaysia Review: Platform, Fees & Full Guide

By Leigh
Updated June 18, 2025 Filed Under: Dividends, Free Stuff, Investment, US Stock Investment 9

MooMoo Malaysia is finally licensed by our own Securities Commission and is finally available for trading here in Malaysia.

Table of Contents

  • What’s New – 2025
  • Key details to know before signing up
  • MooMoo Malaysia FAQ
  • Step-by-step Guide: How to Redeem from your MooMoo MY Cash Plus Account
  • Step-by-step Guide: How to Withdraw from your MooMoo MY Account
  • MooMoo Malaysia Referral Code and Latest Promotion
  • What I’ve Received as Rewards from Moomoo so far
  • My Verdict: Yes I’ve Moved to MooMoo Malaysia

What’s New – 2025

  1. Cash Plus – I’ve added the details below, but basically our idle cash can now earn interest. 3-3.5% for the MYR fund and 4.5+% for the USD fund.
  2. New, new user promo – details added below in the article.
  3. Additional RM40 for new users when you use my code – DM77
    The full steps on how to claim can be found below.

Sign up link: Moomoo Malaysia

See how MooMoo Malaysia compares to other brokers here: Stock Brokers Comparison

Key details to know before signing up

  1. Fees – one of the lowest available to us (licensed brokers), zero commission for 180 days
  2. Cash Plus – Your idle cash can now be put into MY or USD money market funds that earn at least 3-3.5%. US one earns you close to 5% as of Aug 2024.
  3. Regulation – Licensed and regulated by the Securities Commission of Malaysia
  4. Interface – Very user-friendly
  5. Account type – Nominee

MooMoo Malaysia FAQ

Some other frequently asked questions I got from readers.

  1. What is Moomoo?
    MooMoo Malaysia is an online brokerage platform that offers commission-free trading and advanced tools for investors.
  2. Is Moomoo available in Malaysia?
    Yes, Malaysian investors can access Moomoo for a localized and user-friendly trading experience.
  3. What fees does Moomoo charge?
    Malaysia Stocks:
    0 commission
    2. Platform Fees: RM 3 / Order
    Minimum: RM3
    US Stocks:
    0 commission
    Platform Fees: $0.99 / Order
    Minimum: $0.99
  4. How do I open a Moomoo account?
    Download the app or visit the website, complete the registration process, and verify your identity. These can all be done 100% online!
  5. Does Moomoo offer research tools?
    Yes, it provides real-time market data, charts, and analytics. They have a vibrant social community as well.
  6. Is customer support available for Malaysian users?
    Yes, Moomoo offers dedicated support for users in Malaysia.
  7. How secure is the platform?
    They are licensed by our highest authority in Malaysia – The Securities Commission (SC)
    Moomoo also uses industry-standard security measures ie. 2FA for logins etc.

Step-by-step Guide: How to Redeem from your MooMoo MY Cash Plus Account

It has been frustratingly hard for me every time I try to redeem/withdraw from the Cash Plus account and I assume it must be for you too. So here’s a short guide for you to refer to whenever you get stuck.

Below is the step-by-step guide.

Look for the Accounts button at the bottom of your screen.

Accounts button. Step-by-step Guide: How to Redeem from your MooMoo Cash Plus Account

Now look for Securities and Funds, and select Funds.

Funds Step-by-step Guide: How to Redeem from your MooMoo Cash Plus Account

Scroll down a little and you’ll find your Cash Plus fund – mine is United Money Market Fund-Class R.

United Money Market Fund-Class R Step-by-step Guide: How to Redeem from your MooMoo Cash Plus Account

Click on it and you’ll be brought to the fund page. At the bottom, you’ll see your Redeem button.

Redeem Step-by-step Guide: How to Redeem from your MooMoo Cash Plus Account

Step-by-step Guide: How to Withdraw from your MooMoo MY Account

If you’re looking to withdraw to your bank account after redeeming, follow the below steps:

Go back to the same Accounts tab earlier at the bottom of your screen.
Look for the All button.

All button Step-by-step Guide: How to Withdraw from your MooMoo Account

You’ll then find Withdraw under the Funds category.

Withdraw button Step-by-step Guide: How to Withdraw from your MooMoo Account

Make sure that you’re withdrawing to your own bank account as the name of the account holder has to match.

MooMoo Malaysia Referral Code and Latest Promotion

Sign-up offer and promotion for new users right now (updated December 2024):

  1. Deposit ≧RM1,000 and hold for 60 days to get RM100 reward. You can get an extra RM40 when you use my code – DM77 via Exclusive Deposit as shown in the image above
  2. Deposit ≧RM10,000 and hold for 60 days to get RM550 in rewards (including 0.3 shares of Nvidia stock)
  3. Deposit ≧RM30,000 and make 3 buy transactions and hold for 60 days to get one Nvidia stock for free

More T&Cs on Moomoo’s website.
Another noteworthy update is that Moomoo now supports FPX deposits. I get mine immediately reflected.
You can sign up via my link here: https://j.moomoo.com/00KiPh
Exclusive deposit code: DM77
Thank you in advance!

Also, from today to Jun 30th, Moomoo will reward customers who sign up with the above link with an extra RM50 reward. All you have to do is deposit RM1,000 and you will get an extra RM50 in coupons. The stock coupons will automatically arrive in your account within 5 working days.

What I’ve Received as Rewards from Moomoo so far

March 2024 – 1 Apple share (new customer promo)
March 2024 – RM50 cash voucher and RM50 cash coupons (new customer promo)
April 2024 – RM50, RM100 and RM500 cash coupons (deposit & invest)
July 2024 – 1 Apple share (transfer-in promo)

A few other fee subsidies and all but I won’t be taking those into account. One Apple share is worth about RM1K today. So that’s a total of RM2,750 in rewards I’ve gotten out of Moomoo so far. I know not everyone would’ve been able to capitalise on all their promotions but I hope you’ve gotten some at least.

I will continue to share new promos that are worthwhile so you won’t miss any. Sign up for my newsletter for these updates (subscribe via the form on the home page, right sidebar or at the very bottom of this page)

You can sign up via my link here: https://j.moomoo.com/00KiPh
Exclusive deposit code: DM77

My Verdict: Yes I’ve Moved to MooMoo Malaysia

Update: I’ve moved my Hong Leong stocks to Moomoo.

Now, personally, I’m thrilled another licensed brokerage has joined us.

Security and safety-wise, nothing beats SC licensing and regulation for us Malaysians. Their holding company – Futu Limited is also a listed company on NASDAQ. I’d say this is as safe as it gets for investors.

I will be looking to probably move my funds from eToro to MooMoo MY within the next few months. Currently checking out their paper trading functions as well.

I know most of you savvy investors will be looking to cash in on the RM100 cash coupons and Apple share to get the most bang for your buck. Make sure you are aware of the terms, ie the RM8,000 deposit will need to remain in your account for at least 30 days to qualify.

As always, you can sign up via my referral link hERE and help support the blog. Thank you!
Exclusive deposit code: DM77
See how MooMoo Malaysia compares to other brokers here: Stock Brokers Comparison

Disclaimer:
All views expressed in the above post are the independent opinions of the author, which are not necessarily shared by Futu Malaysia Sdn. Bhd. (“Moomoo MY”). No content shall be considered financial advice or recommendation. Moomoo MY links are included in this post, through which referrals are made and I may receive certain commissions. Please contact Moomoo MY for more information.

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BigPay Review – AirAsia’s e-wallet

By Leigh
Updated October 6, 2018 Filed Under: Financial Independence, Free Stuff, Other, Travel, food and the finer things in life 8

BigPay

AirAsia Tony Fernandes

Tony Fernandes was quoted, saying ‘One day, Big Pay will be worth more than AirAsia‘.

I am excited about BigPay and I’m writing this post just as I received my card. Today.

 

Why BigPay?

BigPay

AirAsia BIG Points

Big Pay is by AirAsia, Malaysia’s favourite airline. You and I both know you’ll probably be on an AirAsia flight this year.

You’ll be receiving exclusive AirAsia benefits when you use your BigPay card with AirAsia such as:

1. RM0.00 payment processing fees

2. Discounts on pre-booked check-in luggage and in-flight meals

3. Exclusive early access to AirAsia sales

4. 1 BIG point when you top up RM50 and 1 BIG point for every RM20 spent on BigPay

In my opinion, the RM0 payment processing fee is reason enough to get BigPay.

 

The End of Long Queues for Foreign Currencies

For the serious travellers and not-so-serious ones out there, BigPay is god-sent. Why? Exchange rates.

BigPay touts itself as giving the ‘best’ rates out there, but to be frank, I’d call it competitive.

Queue at Mid Valley Foreign Exchange House
The queue at Mid Valley

Forget the long queues at your favourite foreign exchange outlets. Using BigPay, you’ll receive really competitive rates with no extra fees!

The rates Big Pay uses can be found at Mastercard’s website.

 

Convenience

All it takes is for you to top up your BigPay online, in Malaysia.

Travel abroad to your destination of choice, insert your card into any ATM in that country and voila – Watch the ATM spit out your cirsp foreign currency.

Withdrawals done in Malaysia will be subjected to a fee of RM6 per transaction & overseas withdrawals will be charged at RM10 per transaction.

Besides that, BigPay also allows you to send/receive money to and from friends. Instantly. No fees!

 

Analytics

BigPay also breaks down your expenditure on the app itself. Nifty for people wanting to keep track of their spending.

How to Sign Up for your BigPay Card

Detailed below is how to sign up for your BigPay Card.

Before we continue, remember this referral code: SPUXOYWAI5

You get a free RM10 (as do I) from signing up with the above code.

 

1. How do I get the BigPay app?

You can download BigPay for free directly from the App Store or Google Play Store to get started.

2. How do I sign up for BigPay?

All it takes are 3 easy steps to sign up for BigPay:

i. Fill in your basic personal details

ii. Verify your identity with your IC/passport and a selfie

iii. Add RM20 into your account

3. How much does it cost to sign up for BigPay?

Signing up and getting your card is completely free! You will need to add a minimum of RM20 that will be stored on your card for your usage. We don’t charge any inactivity fee either, so signing up & keeping your BigPay account does not cost you anything.

Using this referral code: SPUXOYWAI5

You get a free RM10 (as do I) from signing up with the above code.

End.

I foresee myself using BigPay long into the future.

Especially every time I travel.

So. Sign up. Get the free RM10 and whip that card/app out whenever you go abroad.

Also, the card is a beaut.

bigpay-airasia

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FREE Google Drive Storage

By Leigh
Updated March 7, 2016 Filed Under: Uncategorized, Free Stuff 0

2GB Free Google Drive Storage

I stumbled across this today and feel I should share and keep everyone informed of this: FREE Google Drive storage!

Free Google Drive Storage

Photo source: techno.news

Google is giving away 2GB of their Drive space today. If you’re not using Google Drive, I suggest you give it a try, I’ve been a loyal and avid user since my university days. Its usage is similar to Dropbox.

In what has become an annual tradition, Google is again offering free Google Drive storage space to users who go through a brief account security checkup. I took less than 5 minutes to complete the check up. Once you’re done you’ll be rewarded with 2GB of PERMANENT Drive space.

Even without the free 2GB of Drive space, it is worthwhile to keep your account safe and secure. Google ran a similar promotion last year, but you’ll still get 2GB of space even if you claimed it last time.

Often times these type of promotions expire after a year, so it’s nice to see Google not place any limits on the bonus storage. The free offer coincides with Safer Internet Day 2016, which is meant to promote safe and secure usage of technology and smartphones. To claim your free 2GB of Google Drive space just visit Google’s account security checkup and step through the various checks.

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