Moomoo is quickly becoming one of the hottest new trading apps, offering commission-free trades, extended hours, global assets, and much more to users in the US. However, Moomoo takes its offerings a step further by providing one of the most lucrative referral programs in the industry.
What is Moomoo and Why Should You Join?
For those unfamiliar, Moomoo is a feature-rich trading platform backed by Futu Holdings, one of the largest investment companies in Asia. With strong financial backing and an intuitive, easy-to-use interface, Moomoo aims to disrupt old-school brokerages.
Key reasons to create a Moomoo account include:
- Commission-free trading – No fees to buy or sell US stocks & ETFs
- Powerful analytical tools – Over 100 AI-powered tools for research & analysis
- Global asset access – Trade securities from multiple international markets
- Generous rewards – Get free stocks & cash bonuses for joining & funding your account
With so many benefits packed into one platform, it‘s no wonder over 20 million global users trust Moomoo for their trading needs.
How Do Referral Programs Work?
Referral programs allow existing users to invite friends, family, and followers to join a service. In exchange, the referrer receives a reward once the referee completes a specified action, such as opening an account or making a purchase.
For trading apps like Moomoo, common referral perks include:
- Cash bonuses
- Free stock gift cards
- Reduced commission fees
- Account upgrades
These rewards benefit referrers by allowing them to earn free money and assets. Meanwhile, referees can sign up and access exclusive promotions only available through referral links.
Moomoo Referral Codes & Rewards
Moomoo currently offers an exceptionally generous welcome package for new users referred through a friend‘s link.
Let‘s take a look at what‘s available:
Up to $218 Welcome Bonus
After opening your Moomoo account via a referral link or code, you‘ll receive the following rewards based on your initial deposit amount:
- Deposit $100 – $1,000 → Get 1 free stock between $10 – $50 + $10 bonus
- Deposit $1,001 – $5,000 → Get 1 – 2 free stocks between $10 – $200 + $25 bonus
- Deposit $5,001 – $50,000 → Get 2 – 6 free stocks between $10 – $1,200 + $75 bonus
- Deposit >$50,000 → Get 6 – 12 free stocks between $10 – $1,200 + $218 bonus
$88 Stock Gift Card
In addition to the tiered welcome package, all referred users receive a $88 stock card after depositing $10,000 or more into their new account.
Ongoing Referral Perks
The deals won‘t stop after signing up. Moomoo says it will continue rewarding referrers with free stock cards based on their friends‘ trading volumes over time.
Step-by-Step Instructions to Start Earning
If this sounds enticing, here‘s exactly how to start claiming Moomoo perks:
To use a referral code/link:
- Click one of the links or enter one of the codes from this article
- Provide your phone number to receive a verification code
- Open your account with at least $100 initial deposit
- Wait for your pending rewards to appear and become available
To share your own link:
- Tap on "Me" in the Moomoo app
- Select "View Now" under the Referral Rewards section
- Tap "Copy" to copy your unique referral link
- Share your link with friends interested in signing up
Be sure to check the app periodically to see if you‘ve earned any new rewards from referees.
Why Does Moomoo Offer Such Generous Referrals?
You may be wondering why Moomoo offers referral perks well above its competitors. There are a few strategic reasons this makes sense:
- Accelerate user growth – Referrals are a proven way for apps to gain market share quickly
- Reduce marketing costs – More cost-effective than paid ads to acquire each customer
- Encourage trading volume – Stock gifts incentives users to fund accounts and make trades
- Build loyalty – Referral perks make existing users stickier
While the long-term plan may be to reduce rewards later, early adopters can take full advantage right now!
Don‘t Miss This Opportunity to Earn
As you can see, Moomoo sets the gold standard for referral programs among trading platforms. With multiple free stocks, cash perks in the hundreds of dollars, andrecurring rewards, it‘s tough to beat these offers.
Be sure to take advantage using the Moomoo referral codes listed above before they potentially scale back this promotion. And once you join, generate your own link to pay it forward!
