Online brokerage

moomoo

A self-directed brokerage for Canadian and U.S. stocks, ETFs and U.S. options, with per-share trading fees.

Canadian stocksTiered buy / Tiered sell
U.S. stocksTiered buy / Tiered sell
Institution
moomoo
Official website
https://www.moomoo.com/ca ↗

Overview

moomoo Canada offers individual cash, margin, TFSA, RRSP and spousal RRSP accounts. Its Canadian and U.S. stock and ETF pricing combines a per-share commission with a separate platform fee, subject to per-order minimums. Exchange, ECN, specialist and U.S. regulatory charges can also apply.

The platform includes mobile and desktop applications, advanced order types, screeners, charts, research data, AutoBuy and paper trading. Margin borrowing and short selling are available for eligible securities, with rates that depend on the currency and debit balance.

Moomoo's exhaustive available-account list does not include an FHSA, so the product does not meet the guide baseline. The foreign-exchange fee is currently waived, but the conversion rate includes a variable spread and the waiver can end.

Regular pricing and account fees

These are the regular online rates, excluding temporary promotions. Other account fees, currency conversion costs, service charges, trading fees and paid plans are covered below.

Account availability and recurring fees

Non-registered cash
Available · $0 account feeIndividual non-registered cash accounts are available without borrowing or short selling. Moomoo states $0 account fees.
TFSA
Available · $0 account feeIndividual TFSAs are available. Moomoo states $0 account fees.
RRSP
Available · $0 account feeIndividual and spousal RRSPs are available. Moomoo states $0 account fees.
FHSA
Unavailable · Not Applicable account feeMoomoo Canada's official available-account list excludes FHSAs. Moomoo Canada's exhaustive available-account list does not include an FHSA.

Regular online commissions

Canadian Stock
Buy Tiered · sell TieredCanadian-listed stocks cost CA$0.0049 plus CA$0.01 per share at prices of at least $1, with CA$0.49 and CA$1 minimums; lower per-share rates apply below $1. Buy: Per-share commission plus platform fee; minimum total is generally CA$1.49 per order. Sell: Per-share commission plus platform fee; minimum total is generally CA$1.49 per order.
Canadian Etf
Buy Tiered · sell TieredCanadian-listed ETFs use the same per-share commission and platform fee as Canadian stocks. Buy: The Canadian stock and ETF schedule applies. Sell: The Canadian stock and ETF schedule applies.
Us Stock
Buy Tiered · sell TieredU.S.-listed stocks cost US$0.0049 plus US$0.005 per share at prices of at least $1, with US$0.99 and US$1 minimums; lower per-share rates apply below $1. Buy: Per-share commission plus platform fee; minimum total is generally US$1.99 per order. Sell: Per-share commission plus platform fee; minimum total is generally US$1.99 per order, plus the SEC fee.
Us Etf
Buy Tiered · sell TieredU.S.-listed ETFs use the same per-share commission and platform fee as U.S. stocks. Buy: The U.S. stock and ETF schedule applies. Sell: The U.S. stock and ETF schedule applies, plus the SEC fee.

Other fees and features

Accounts and tiers

Available accounts
Individual cash, margin, TFSA, RRSP and spousal RRSP
FHSA
Not applicable; unavailable under Moomoo Canada's exhaustive account list

Minimums and recurring fees

Account fee
$0
Minimum account balance
No minimum account balance disclosed

Service and transfer fees

Incoming transfer fee reimbursement
UnknownA standing public reimbursement policy was not established from the reviewed official sources.
EFT withdrawals
Free for cash, margin and TFSA accounts
Wire withdrawals
CA$50 or US$50; receiving-bank fees may apply
RRSP deregistration
CA$50 partial; CA$75 full, plus applicable tax
Institutional transfer out
CA$50 or US$50 partial; CA$75 or US$75 full, charged per asset currency plus tax

Investments and trading costs

Canadian stocks and ETFs
Per-share commission plus platform fee; CA$1.49 combined minimum for most securities
U.S. stocks and ETFs
Per-share commission plus platform fee; US$1.99 combined minimum for most securities
U.S. options
US$0.65 per contract; US$1 minimum per order; exercise and assignment free
Pass-through charges
Exchange, ECN or specialist charges may apply; SEC fee applies to U.S. sales

Foreign exchange and currency

Currency conversion
A 0% conversion fee is waived until further notice; the Moomoo Preferred Rate includes a variable spread
Account currencies
CAD and USD handling is supported

Markets

Listed markets
Canadian and U.S. listed stocks and ETFs
Options market
U.S.-listed options

Trading features

Recurring investment
AutoBuy for supported Canadian and U.S. stocks
Short selling
Available in margin accounts for eligible securities
Paper trading
Supported

Platforms and market data

Platforms
Mobile and desktop applications
U.S. Level 2 data
30-day trial; remains free after 3 trades or CA$20,000 average assets in the prior 30 days
Research data
Morningstar ETF and analyst ratings, screeners, charts and financial data

Orders and research

Canadian order types
Market, limit, stop, stop-limit, touched, trailing and conditional orders
U.S. order types
Market, limit, stop, stop-limit, touched, trailing and conditional orders
Order fills
Day-order fees charged once; GTC fills on different days are charged as separate orders

Margin

Margin account
Available with borrowing and short selling
Debit interest
CAD or USD prime for balances below $100,000; prime minus 0.6% at $100,000 or more
Short borrow cost
Varies by security and is shown in the app

Custody and protection

Dealer
Moomoo Financial Canada Inc., a CIRO-regulated order-execution-only dealer
Carrying broker
Canaccord Genuity Corp. collects disclosed U.S. third-party fees
CIPF
Member; coverage is subject to CIPF limits and policy