Empower vs Moomoo

Empower is a free advanced tools plus hybrid advisory service for people with over $100k in investments. How does it compare to Moomoo? Read our comparison chart below.

Empower offers free financial tools and paid wealth management services. Its wealth management fees start at 0.89% of assets under management. Empower free tools include a personal dashboard, fee analyzer, and retirement planner.

While Moomoo lets you invest in US-listed stocks, options, and ETFs with $0 commission. Its award-winning investment app has no platform fees, inactivity fees, or minimum investment requirements. It provides access to Hong Kong and Chinese investments and has extended trading hours.

Compare Empower with Moomoo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Empower	Moomoo

	Visit Site	Visit Site
	SPECIAL OFFER Join Empower For Free - Learn More Read Empower Review	SPECIAL OFFER Deposit $50,000, get $1,000 in NVDA stock + 8.1% APY on uninvested cash - Learn More Read Moomoo Review
	Benefits and Features
Stock Trading		$0 commission on US stocks and ETFs
Options Trading		$0 for US Options; $0.50 per contract for Index Options
Annual Fee	Investment Account: $0; Wealth Management:0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million	None
Cryptocurrency Trading		Yes
Minimum Deposit	$100,000	$0
Mutual Fund Trading		No
Commission Free ETFs		3,030 US-listed ETFs
Phone Support	Yes	+1 888 721 0610 (Trading days: 8:30 - 16:30 ET)
Live Chat Support	No	Yes
Email Support	Yes	Yes (cs@us.moomoo.com)
Human Advisors	Yes	No
Robo Advisor		No
Assets Under Management	$1.6 Trillion	Total client assets of HK$468.1 billion as 09/30/2023
Minimum Investment	Investment Account: $0; Wealth Management: $100,000
Penny Stocks		Yes
Tax Loss Harvesting	Yes	No
Goal Tracker	Yes	No
Automatic Deposits	Yes	No
Broker Assisted Trades		Not available
Good For		Traders looking for access to Hong Kong and Chinese assets
Inactivity Fee		$0
Maintenance Fee		$0
Online Platform	Yes	Yes
iPhone App	Yes	Yes (4.6 stars, 19k ratings)
Android App	Yes	Yes (4.6 stars, 18k ratings)
Banking		No
Mobile App	iOS & Android	Yes
Desktop App		Yes
Two-Factor Authentication		SMS
Forex Trading		No
Futures Trading		No
Bond Trading		No
CFD Trading		No
Currency Trading		No
Customer Service		Live Chat (24 hours); Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST); Email: cs@us.moomoo.com
Locations		Online only
Online Community		Yes
Seminars		Yes
Trading Platform		Desktop, Mobile Apps
Virtual Trading		Yes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account
Investment Tracking
Single Stock Diversification	Yes
Fractional Shares	No	Yes
Taxable Accounts	Yes	Yes
401k Plans	Yes	No
IRA Accounts	Yes	No
Roth IRA Accounts	Yes	No
SEP IRA Accounts	Yes	No
Trust Accounts	Yes	No
529 Plans	Yes	No
	CreditDonkey® Reviews

Human Advisors
Robo Advisor
Price
Goal Tracker
Budgeting
Customer Service
Ease of Use
Investment Tracking
Retirement Planning
Stock Trading
Options Trading
Minimum Deposit
Mobile App
Commissions and Fees
Research
Pros & Cons	Pros: Retirement planner Free portfolio advice Robo plus human advisors Cons: $100,000 min for advisory service Higher fees than competitors	Pros: Commission-free trading Free paper trading Access to Hong Kong and Chinese investments Cons: May be overwhelming for beginners No forex, bonds or mutual funds
Bottom Line	Free advanced tools plus hybrid advisory service for people with over $100k in investments... Read full review	Low-cost way to trade US, HK, and Chinese assets with advanced research tools... Read full review
	Visit Site	Visit Site
	Join Empower For Free Free Money Management Tools Why Choose Empower over Quicken	Deposit $50,000, get $1,000 in NVDA stock + 8.1% APY on uninvested cash Deposit $10,000, get $300 in NVDA stock + 8.1% APY on uninvested cash Deposit $2,000, get $50 in NVDA stock + 8.1% APY on uninvested cash
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Empower: Pricing information from published website as of 04/30/2020 Moomoo: Pricing information from published website as of 05/03/2024. Empower: Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.