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Moomoo vs Fidelity

Moomoo is a low-cost way to trade US, HK, and Chinese assets with advanced research tools. How does it compare to Fidelity? Read our comparison chart below.

 Moomoo
 Visit SiteLearn More
 

Moomoo

Fidelity

SPECIAL OFFER
Transfer and Get 1.5% Match Bonus - Learn More

Read Moomoo Review

SPECIAL OFFER
Commission-Free Trading - Online Stock, ETF and Option Trades - Learn More

Read Fidelity Review

 

Benefits and Features

Stock Trading$0 commission on US stocks and ETFs
$0
Options Trading$0 for US Options;
$0.50 per contract for Index Options
$0.65 per contract
Annual Fee
None
None
Cryptocurrency Trading
No
$0
Minimum Deposit
$0
 
Mutual Fund Trading
No
Yes
Commission Free ETFs
3,030 US-listed ETFs
 
Phone Support+1 888 721 0610
(Trading days: 8:30 - 16:30 ET)
 
Live Chat Support
Yes
 
Email Support
Yes (cs@us.moomoo.com)
 
Human Advisors
No
 
Robo Advisor
No
 
Assets Under ManagementTotal client assets of HK$468.1 billion as 09/30/2023 
Penny Stocks
Yes
 
Tax Loss Harvesting
No
 
Goal Tracker
No
 
Automatic Deposits
No
 
Broker Assisted Trades
Not available
 
Good ForTraders looking for access to Hong Kong and Chinese assets 
Inactivity Fee
$0
$0
Maintenance Fee
$0
$0
Online Platform
Yes
 
iPhone App
Yes (4.6 stars, 19k ratings)
 
Android App
Yes (4.6 stars, 18k ratings)
 
Banking
No
No
Mobile App
Yes
Yes
Desktop App
Yes
 
Two-Factor Authentication
SMS
 
Forex Trading
No
 
Futures Trading
No
 
Bond Trading
No
 
CFD Trading
No
 
Currency Trading
No
 
Customer ServiceLive 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 TradingYes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account 
Fractional Shares
Yes
 
Taxable Accounts
Yes
 
401k Plans
No
 
IRA Accounts
No
 
Roth IRA Accounts
No
 
SEP IRA Accounts
No
 
Trust Accounts
No
 
529 Plans
No
 
 

CreditDonkey® Reviews

 Moomoo
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarHalf StarStarStarStarStarEmpty Star
Commissions and FeesStarStarStarStarStar
Customer ServiceStarStarStarEmpty StarEmpty StarStarStarStarStarEmpty Star
Ease of UseStarStarStarStarEmpty Star
ResearchStarStarStarStarEmpty Star
SavingsStarStarStarEmpty StarEmpty Star
FeesStarStarStarStarStar
Pros & ConsPros:
  • Commission-free trading
  • Free paper trading
  • Access to Hong Kong and Chinese investments
Cons:
  • May be overwhelming for beginners
  • No forex, bonds, mutual funds, or crypto
Pros:
  • $0 monthly service fee
  • No minimum balance
  • Free debit card
Cons:
  • Relatively low APY
  • Few physical branches
Bottom LineLow-cost way to trade US, HK, and Chinese assets with advanced research tools... Read full reviewCash management account with a decent APY... Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Moomoo: Pricing information from published website as of 05/03/2024.

Fidelity: Pricing information from published website as of 05/02/2024.

Moomoo

Transfer and Get 1.5% Match Bonus

Get a 1.5% match bonus on your first transfer to your MFI account. The match amount is limited to the first $1 to $20,000 transferred into the account. Eligible assets should be from the following broker-dealers: Robinhood, Webull, TD Ameritrade (including thinkorswim), Interactive Brokers, Fidelity, E*TRADE, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch to qualify for the cash rewards. Cash rewards will depend on the value of eligible assets transferred during the offer period. This offer is available to customers who have existing brokerage accounts, but have not made a transfer yet. Terms and conditions apply.

Expires 5/28/2024
Moomoo

Deposit and Get 7 Fractional Shares of Stocks

Make a net deposit of $100 or more to receive 7 fractional shares of stocks worth $5 each. This offer is available to new and existing customers who have not made a deposit before April 1, 2024, 04:00 AM ET. Terms and conditions apply.

Expires 5/28/2024

Which is Better: Moomoo or Fidelity?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Moomoo or Robinhood.

In short: Fidelity's customer service is notable.


Articles on Moomoo

Moomoo Review

Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?

Articles on Fidelity

Fidelity High Yield Savings

Fidelity boasts an all-around account with no fees and a decent APY. But there's even more to discover. Keep reading.

Fidelity

Thinking of opening a brokerage account with Fidelity? There are many reasons to love Fidelity and a few reasons to think about going elsewhere.

Which Do You Think is Best?





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