Moomoo Malaysia, an investment platform and subsidiary of Hong Kong’s Futu Holdings, announced that local investors can now trade stocks, ETFs, REITs, Structured Warrants, and DLCs from the Singapore Exchange (SGX) directly through its app.
This move is part of Moomoo Malaysia‘s effort to provide access to global markets, offering Malaysian investors a broader range of investment opportunities on one of Asia’s key stock exchanges.
The platform also provides educational resources to help users understand international markets and make informed investment decisions.
This initiative aims to enable users to diversify their portfolios with stocks from Singapore’s market.
Additionally, this expansion benefits SGX-listed companies by allowing them to reach a larger regional investor base through Moomoo’s Investor Relations solutions.
The platform’s advanced analytics, real-time data, and screening tools help investors, both experienced and new, to make informed decisions and build portfolios that align with their financial goals.
Moomoo Malaysia features a competitive pricing structure on trades, including 0% commission to lower cost barriers for investors.
Since its launch in February 2024, Moomoo Malaysia has signed up over 300,000 users.
Ivan Mok, CEO of Moomoo Malaysia said,
“Our goal has always been to democratise 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.”
Featured image credit: Edited from Freepik
