Moomoo Review (2026) — Honest, Data-Driven
Best for: Active traders wanting Level II data and advanced charting on the free tier
Founded: 2018
TL;DR
Moomoo (operated by Futu Inc.) offers an unusually feature-rich free tier: free Level II data, advanced charting, fundamental data, and options tools. The trade-off is the youth of the brand and the connection to Futu, a Hong Kong broker. For active US-stock traders, the price-to-feature ratio is exceptional.
Pricing and fees
| Brokerage account | Free, no minimum |
| Stock/ETF trades | $0 commission |
| Options | $0 per contract (true zero, unusual) |
| Margin rates | Aggressive starter promotions, then 6.8%-9.6% |
Pros and cons
Pros
- Free Level II data on the free tier (rare)
- Advanced charting with many indicators included
- Options trading with $0 per-contract fees
- Fundamental data and analyst estimates included
- Strong mobile app
- Free fractional shares
Cons
- Newer brand with less track record
- Owned by Futu Inc. (Hong Kong) — some users wary of parent company
- Customer service is mostly app-based
- Limited products beyond US stocks/options
- PFOF on order execution
- Some restricted features depending on jurisdiction
How Moomoo compares
vs Webull
Moomoo has free Level II; Webull has it as a paid feature.
vs Robinhood
Moomoo has dramatically more features at the same $0 price.
vs SultraxAI
Moomoo is execution + free data; SultraxAI is the scanner layer with published win rates.
Verdict
Best free Level II option for active traders willing to use a newer brand.
Pair with SultraxAI
The scanner that publishes its signal win rates. Use Moomoo for execution, SultraxAI for finding what to trade.