Moomoo Account Types in Malaysia
The Universal Account, the CDS account for IPOs, and free paper trading.
Open Moomoo Account →Moomoo Malaysia opens a Universal Account for US, Malaysian, Singapore, Hong Kong and China A markets, plus a separate CDS account for Malaysian IPO subscriptions.
The accounts Moomoo Malaysia opens
- The Universal Account is the main account: it trades US, Malaysian, Singapore and Hong Kong shares and China A shares through Stock Connect from one login.
- A separate CDS Account is opened for subscribing to Malaysian IPO shares; Moomoo advertises RM0 MY IPO subscription and CDS account fees.
- Margin financing and short selling are available on eligible holdings at Moomoo's published margin rate.
- Paper trading accounts are free, open automatically in the app and need no deposit or brokerage account.
- There is no ECN, raw-spread or swap-free forex account here, because Moomoo Malaysia does not offer forex or CFDs.
Who you are dealing with
| Detail | Moomoo Malaysia |
|---|---|
| Legal entity | Moomoo Securities Malaysia Sdn. Bhd. (202101039212 (1439512-V)) |
| Regulator | Securities Commission Malaysia |
| Licence | Capital Markets Services Licence eCMSL/A0397/2024 |
| Markets | Bursa Malaysia, US, Singapore, Hong Kong, China A |
| Products | Shares, ETFs, REITs, options, futures, IPO subscriptions |
| Platforms | moomoo app, moomoo desktop, TradingView integration |
| Funding | Ringgit via FPX, bank transfer or GXBank Express Deposit |
| Commission | RM0 (Bursa) and US$0 (US) for 180 days for new users |
| Not offered | Forex, CFDs, MetaTrader 4 and MetaTrader 5 |
One detail worth knowing before you open: Bursa Malaysia shares bought through Moomoo are held under a nominee arrangement rather than in a direct CDS account in your own name. That is normal for this type of broker, but it is different from opening a direct CDS account through a Malaysian bank-backed broker, and it affects how corporate actions and dividends reach you.
Frequently asked questions
What account types does Moomoo Malaysia offer?
A Universal Account that trades across the US, Malaysia, Singapore, Hong Kong and China A markets, and a CDS account for subscribing to Malaysian IPOs. Free paper trading accounts are separate.