How To Invest In Malaysia And US Stocks With Moomoo

[@MillennialFinanceMalaysia]

Invest with moomoo: themillennialfinance.com/moomoo

[@kshananair9324]

Thanks for guiding from scratch👌🏽

[@MillennialFinanceMalaysia]

No problem, hope it was helpful!

[@jakegill7796]

Hi tq for the info.. Can we trade futures like metals Gold/silver or Nasdaq&sp500?

[@MillennialFinanceMalaysia]

Not atm

[@tharmzfretz]

Great video man! I see you've put in quite a few orders for US ETFs, quick question, how do you navigate Withholding Tax etc since no Irish Domiciled ETFs on Moomoo? Or is there another way you use to go around

[@MillennialFinanceMalaysia]

Appreciate the support! I don’t rly mind paying withholding tax bcs I’m not investing for dividends, they’re a small part of profits

[@MRDURANKAR]

Hello mentor! How would moo moo compare to using tiger trade in Malaysia. Fairly new to trading and unfamiliar with how commissions and such work

[@MillennialFinanceMalaysia]

You mean tiger broker? I’ve never used that haha but seems similar to moomoo. Would rather go for moomoo then since it’s regulated

[@shadydnaz]

I wonder that if we invest in US stocks do we have to declare ourselves our taxes for being a foreign trader

[@MillennialFinanceMalaysia]

As far as I’m aware there’s no such thing. Even if we were an active trader We derived the income outside of the US and we’re not us citizens

[@muniandi8589]

Sir,is all the stocks in the klse are also on the moomoo MY platform? Thanks

[@MillennialFinanceMalaysia]

Yep!

[@iskylar95]

Is moomoo app works for dividend shares to direct transfer the dividend to our personal account?

[@MillennialFinanceMalaysia]

It goes to your moomoo account, not bank account

[@user-ku4nm7vp3q]

I”ve created the account and accumulated the 8k in my account but there’s no indication for the apple stock in my notification/rewards. Can I check if there will be a notification in my profile that indicates the apple stock info?

[@MillennialFinanceMalaysia]

Go to me > promotions > one app to trade > scroll down and claim Apple share. Make sure to do it quick!

[@starking1187]

Just wanna ask whether moomoo has made some changes after this video. I don't seem to have the option to set a stop loss like you do. Hope you would be able to help.

[@MillennialFinanceMalaysia]

What’re you trading? Worse case scenario place a separate order and change order type to stop

[@starking1187]

@@MillennialFinanceMalaysia A normal stock called KTI. I'm not sure is it related to experience level, or if the stop loss option is a premium feature of MooMoo, or they just completely removed it from the platform. I'm already in and what I can do now is just manually monitor and exit whenever the stock hits a certain price. Unless I solve the issue.

[@starking1187]

@@MillennialFinanceMalaysia a normal stock called KTI. I'm not sure where the feature is disabled because of my investing experience, or whether the stop loss is a premium Moomoo feature or they have completely removed this function completely. At the moment, I can only manually monitor the stock and exit whenever the price drop to a certain price until this issue is resolved.

[@ghrbaa6727]

Stop loss on the order page is only available on interface for US stocks, not Malaysian stocks

[@starking1187]

@@ghrbaa6727 Ah I see. Thanks a lot!

[@Hottogo1995]

Hi, if i plan to buy stock and hold it for the long run to gain dividend yield, is moomoo a good platform?

[@MillennialFinanceMalaysia]

I’d say so, it’s safe and there aren’t any fees for holdjng

[@amit.chippa]

very stupid question - the rate shown for each stock is in its local currency? Eg. Apple stock is in US Dollars, Maybank is in MYR, and so on? How about the currency for Gold? Can you make a video on withdrawing the money after selling the shares, please?

[@MillennialFinanceMalaysia]

That’s right! For gold it depends on how you buy it. If via a us etf it’s in usd, if my etf it’s in rm I’ve withdrawn a few times already haha, will make a short I guess

[@jacyeo3594]

Can MooMoo also allow to trade Singapore shares?

[@MillennialFinanceMalaysia]

Not at the moment unfortunately with moomoo MY

[@fatinsuhana938]

As of now only available for Malaysian and US stocks. They don't have Singapore shares available yet. But who knows, they might add more options later on.

[@graceyeo8099]

Are there any hidden fees or inactivity charges?

[@MillennialFinanceMalaysia]

Nope!

[@issasara2631]

Moomoo is pretty upfront about their fees. They've got a straightforward fee structure with competitive rates for trading stocks and ETFs. Plus, newbies usually get sweet deals like zero commission trading for a while.

[@muhammadsyafiqmuhammadsyaf3610]

Moomoo ni sesuai ke bro untuk trade us stock secara intraday

[@MillennialFinanceMalaysia]

Yep, takda pattern day trader rule

[@hauntedjewelry1364]

Just checking if I can buy Malaysia stocks from overseas. I m currently staying in Australia. I migrated here more than 17 years ago from Malaysia. I m interested to own some Malaysia stocks. Can you guide?

[@MillennialFinanceMalaysia]

If you can open a moomoo Malaysia account there should be no issues buying Malaysian stocks

[@yasufumithebest]

Which is better to invest in moomoo for mid term (like 2 to 3 years) S&P 500 or Maybank with stable dividend.

[@MillennialFinanceMalaysia]

Personal preference, hard to say 😅 Maybank is lower volatility so it might be the safer option for that timeframe

[@glories2276]

Does Malaysian stock have short sale in Moomoo

[@MillennialFinanceMalaysia]

Nope. Very limited stocks can be shorted anyway

[@RowenBoon]

Is there any charge for money withdrawal?

[@MillennialFinanceMalaysia]

Nope!

[@siewgioktan4]

Can u do a video on etf…

[@MillennialFinanceMalaysia]

coming very soon!

[@BALZAR88]

Hi. Are you on tiktok? Coz i saw one account with your video

[@MillennialFinanceMalaysia]

I am but there are a lot of impostor accounts. If someone dms you first trying to sell you something, it’s not me!

[@SaadonAksah]

Looks like rakuten is still the cheapest for smaller amount but moomoo is quite cheap for larger amount 🤔. Wow it has more info 👍

[@MillennialFinanceMalaysia]

Yep smaller amount Rakuten is cheaper bcs of low min fee, but I think any reasonable size (>RM800) moomoo gets cheaper already

[@drbenirusani]

Moomoo is cheaper only USD0.99 platform + 0.03% trading value vs. Rakuten minimum USD1.88

[@AkshayMukhiya-hz6eq]

Bro you Guiding a good bat i tread and i profile 20 to 30 USD and i cancel this tread bat cancel batan is not hiya Please you guiding a cancel batan bro

[@pijoe-Oripadi]

Transfer 1k dapat stock US ka

[@MillennialFinanceMalaysia]

Tak dapat skrg ni. Dapat cash voucher je

[@joanechin4796]

@@MillennialFinanceMalaysia first come first serve la kan.. promos like that better grab early while still got chance.. emm so guess have to wait after the promo end tmr la on 31mar right

[@DonkeyBirdNoob]

I bought MBB but my name is not showing as well HAHAHA

[@MillennialFinanceMalaysia]

Guess we’re just small fish 🥲

[@syednabil8958]

how is moomoo compared to ibkr?

[@MillennialFinanceMalaysia]

Moomoo better UI imo, ibkr slightly cheaper. Also moomoo is regulated here haha, ibkr isn’t

[@freakymeltdown1]

Bro, the nose scratching 😂😂😂😂

[@MillennialFinanceMalaysia]

I knowww, bad allergy reaction to my cat right before I filmed 😂