Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) is excited 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 marks a pivotal step in Moomoo Malaysia’s mission to empower Malaysian investors with seamless access to global markets, opening up a diverse range of opportunities for Malaysian investors on one of Asia’s premier stock exchanges.
Empowering Investors with Global Reach
Moomoo Malaysia’s foray into the SGX is a testament to its unwavering commitment to empowering Malaysian investors with comprehensive access to global markets. The integration of SGX trading services is complemented by robust educational resources aimed at helping investors understand the nuances of international markets and make informed decisions.
This initiative is designed to facilitate a more inclusive investment environment, allowing users to diversify their portfolios with high-potential stocks from Singapore’s dynamic market.
Ivan Mok, CEO of Moomoo Malaysia, articulated the broader vision driving this expansion: “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. 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 significant advantages to listed companies. More and more SGX-listed companies are turning to Moomoo to reach our extensive regional base of investors. Moomoo’s Investor Relations (IR) solutions for SGX-listed companies have been gaining traction, providing these companies with unparalleled access to a broader investor base in the region.
“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.” said Ivan.
Seamless Integration, Lowering Barriers, Intuitive Tools
Moomoo Malaysia’s platform isn’t just about access; it’s about enhancing the entire investment journey. Advanced analytics, real-time data, and intuitive screening tools empower investors to make informed decisions. Whether you’re a seasoned trader or just starting, Moomoo Malaysia’s technology simplifies complex concepts and guides you towards building a portfolio that aligns with your financial aspirations.
Moomoo Malaysia’s expansion to the SGX also features a competitive pricing structure on trades, including 0% commission*, significantly lowering the cost barriers for investors. This initiative is aligned with moomoo’s mission to make investing more accessible, thereby encouraging a broader demographic of Malaysians to participate in the equity markets.
“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.” Ivan continued.
Since its inception, Moomoo Malaysia has been dedicated to fostering financial literacy and empowering investors with the knowledge and tools necessary to succeed in the financial markets. With over 300,000 users since its launch in February 2024, Moomoo Malaysia has rapidly become the No. 1 downloaded financial app in Malaysia as of April 2024.
The platform was recently awarded the ‘Best Up and Coming Digital Investment Platform’ in Malaysia at the recent PC.com 2024 Readers Choice Award. This growth, in a short span of 5 months, is a clear indicator of the platform’s 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
