Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) has taken a significant step in its mission to broaden access to global markets for Malaysian investors. The company announced that its users can now trade stocks, ETFs, REITs, Structured Warrants, and Daily Leverage Certificates (DLCs) from the Singapore Exchange (SGX) directly through the Moomoo app. This move represents a pivotal expansion for Moomoo Malaysia, providing Malaysian investors with new opportunities on one of Asia’s most prominent stock exchanges.
This strategic integration of SGX trading services is part of Moomoo Malaysia’s broader effort to empower local investors by offering comprehensive access to international markets. Alongside the new trading capabilities, Moomoo Malaysia has enhanced its platform with educational resources designed to help investors understand the intricacies of international markets. These resources aim to support informed decision-making and foster a more inclusive investment environment, allowing users to diversify their portfolios with high-potential stocks from Singapore’s dynamic market.
The expansion is not only beneficial for investors but also presents significant advantages for SGX-listed companies. Many of these companies are increasingly turning to Moomoo for its Investor Relations (IR) solutions, seeking to tap into the extensive regional base of investors that Moomoo commands. This partnership offers these companies unparalleled access to a broader investor base, reflecting the growing interest and engagement among investors that Moomoo’s comprehensive platform facilitates.
Moomoo Malaysia’s platform aims to enhance the entire investment journey. It offers advanced analytics, real-time data, and intuitive screening tools that empower investors to make informed decisions. The platform is designed to cater to both seasoned traders and beginners, simplifying complex investment concepts and guiding users toward building portfolios that align with their financial goals.
In addition to the technological advancements, Moomoo Malaysia’s expansion to the SGX features a competitive pricing structure on trades, including 0% commission. This significant reduction in cost barriers is intended to make investing more accessible, encouraging a broader demographic of Malaysians to participate in the equity markets.
Since its launch in February 2024, Moomoo Malaysia has been committed to fostering financial literacy and empowering investors with the knowledge and tools necessary for success in the financial markets. The platform has rapidly gained popularity, amassing over 300,000 users and becoming the number one downloaded financial app in Malaysia by April 2024.
