Moomoo Malaysia is thrilled to announce that Malaysian investors can now trade stocks, ETFs, REITs, Structured Warrants, and DLCs from the Singapore Exchange (SGX) directly through the moomoo app. This strategic expansion represents a significant milestone in Moomoo Malaysia’s mission to provide seamless access to global markets, opening a diverse range of opportunities on one of Asia’s premier stock exchanges for Malaysian investors.
Empowering Investors with Global Reach
Moomoo Malaysia’s venture into the SGX highlights its dedication to empowering Malaysian investors with comprehensive global market access. The integration of SGX trading services is bolstered by extensive educational resources designed to help investors grasp international market dynamics and make well-informed decisions. This initiative aims to foster a more inclusive investment environment, enabling users to diversify their portfolios with high-potential stocks from Singapore’s vibrant market.
Ivan Mok, CEO of Moomoo Malaysia, emphasized the broader vision behind this expansion:
“Our goal has always been to democratize investment opportunities for Malaysians. By integrating SGX offerings into our platform, along with our market insights, tools, and educational resources, we are enabling our users to tap into a diverse and robust market, thereby fostering more informed and strategic investment decisions. This is a significant milestone in our journey to enhance financial inclusivity and literacy among Malaysian investors.”
Connecting Markets: Tapping into Moomoo’s Growing Regional Investor Base
This expansion not only benefits investors but also offers substantial advantages to listed companies. More SGX-listed companies are leveraging Moomoo to reach an extensive regional base of investors. Moomoo’s Investor Relations (IR) solutions for SGX-listed companies are gaining traction, providing these companies with unparalleled access to a broader investor base in the region.
Ivan Mok added:
“For instance, a leading telecommunications company will be hosting webinars with Moomoo for their upcoming earnings release, leveraging our strong client base across the region. This partnership, among many others, highlights the growing interest and engagement among investors, driven by Moomoo’s comprehensive platform and expansive reach.”
Seamless Integration, Lowering Barriers, Intuitive Tools
Moomoo Malaysia’s platform is designed to enhance the entire investment journey, not just provide access. Advanced analytics, real-time data, and intuitive screening tools empower investors to make informed decisions. Whether you’re a seasoned trader or a beginner, Moomoo Malaysia’s technology simplifies complex concepts and guides you towards building a portfolio aligned with your financial goals.
The expansion to SGX also features a competitive pricing structure on trades, including 0% commission*, significantly lowering cost barriers for investors. This initiative aligns with moomoo’s mission to make investing more accessible, encouraging a broader demographic of Malaysians to participate in the equity markets.
Ivan Mok continued:
“Our competitive pricing on SGX trades is a strategic move to support investors in building diversified portfolios with reduced cost barriers. We are committed to continually enhancing the investment experience on Moomoo, ensuring that our users have the best tools and opportunities at their disposal.”
Rapid Growth and Recognition
Since its inception, Moomoo Malaysia has been dedicated to fostering financial literacy and empowering investors with the necessary knowledge and tools for success in the financial markets. With over 300,000 users since its launch in February 2024, Moomoo Malaysia has quickly become the No. 1 downloaded financial app in Malaysia as of April 2024. Recently awarded the ‘Best Up and Coming Digital Investment Platform’ in Malaysia at the PC.com 2024 Readers Choice Awards, Moomoo Malaysia’s rapid growth underscores its success in transforming the investment landscape by providing unparalleled access and resources to investors.
For more information on the new Singapore Exchange (SGX) trading services on Moomoo Malaysia, please visit www.moomoo.com/my.