Share Trading App Moomoo and Sister Brand Surpass 20 Million Global Users

SILICON VALLEY, Calif., May 31, 2023 /PRNewswire/ -- Fintech-driven investment and wealth management platform, moomoo, and sister platform have collectively amassed more than 20 million global users. This milestone makes the AI-powered technology platform one of the most well-established for connecting like-minded investors and helping traders best manage their risk and uncover opportunities.

Moomoo is an all-in-one platform where investors can access investment-related information, ranging from market sentiment derived from 20 million retail investors worldwide with different backgrounds, investment goals and strategies, to company news, investment research, market views, earnings and financial estimates.

Advanced Technology and Security

As a tech-empowered platform, moomoo is committed to innovating the investment landscape. To maintain data and information integrity, the moomoo platform uses a range of robust security features including two-factor authentication and encryption. Technical issues or downtime impacting online trading platforms can stop investors accessing their accounts or making trades. Investors can trade with moomoo rest assured its technology capabilities can support its community of more than 20 million people.

Financial Inclusion

The moo community also promotes financial and investment literacy by aggregating experts, educators and stakeholders. Today, more than 1,000 financial educators have joined the community, where they help to provide users of all levels with knowledge to achieve their financial goals and build up their confidence in making informed financial decisions. More than 900 listed companies, institutions and key opinion leaders have leveraged the platform to secure their digital presence through community activities, such as webinars and earnings calls, which has enabled users to interact with industry experts and corporate executives in a real-time manner.

The habits of moomoo users evolve with the market and users often share their personal trading experiences with other users within the moo community. Currently, the moo community's most used features are Profit/Loss and Positions and Trade Records functions. These two features provide a clear record of past transactions and portfolio performance, affording users insight into the market and their trading strategy. Moomoo users can easily share their trade records, positions and profit and loss to peers within the moo community.

The moomoo team regularly organises discussions on hot topics, encouraging investors to share their thoughts and trade records with one another. The most recent discussion initiated by Team moomoo focused on how to plan trades for optimal outcome. In response to the post, many investors commented their P/L screenshots and long-term investing strategies. Additionally, more than 1,200 investors responded to a survey in which the moomoo team asked, 'Have you ever created a trading plan?', with 27% responding 'yes' and 73% responding 'no'.

The survey is still open to new participants, here: https://www.moomoo.com/community/discussion/957875793

"Moomoo is committed to empowering Australian investors with the necessary tools, knowledge and access to a diverse range of investible products that can help them to navigate market cycles. We firmly believe in making financial literacy inclusive, creative and flexible, ensuring that every Australian can benefit from well-informed investment decisions," said moomoo Australia CEO, Toby Wong.

"Our thriving community is driven by a supportive and informative environment, bolstered by a diverse investor base, cutting-edge technology, real transactions and collaborative partnerships. We are eagerly looking forward to welcoming more Australian investors into our community."

About moomoo

Moomoo is a next-generation one-stop digitalised financial services platform powered by Moomoo Technologies Inc., a fintech company based in Palo Alto, California.

Moomoo integrates trading, market data, and social networking with advanced features, such as AI-powered analytics and anomaly detection functions. It supports free online account-opening and provides access to trade stocks and ETFs in multiple global markets such as the United States, Hong Kong SAR, Singapore, and Australia. Moomoo and its brand affiliates also offer rich investor education content and an interactive online community with over 20 million users in more than 200 countries and regions globally.

For more information, please visit moomoo's official website at www.moomoo.com or contact moomoo's public relation team via [email protected].

SOURCE moomoo