Moomoo Malaysia enhances market access with SGX integration

Moomoo Securities Malaysia Sdn. Bhd. (Moomoo Malaysia) has announced a significant milestone for Malaysian investors, offering the ability to trade stocks, ETFs, REITs, Structured Warrants, and DLCs directly on the Singapore Exchange (SGX) through the moomoo app. This strategic expansion underscores Moomoo Malaysia’s dedication to providing comprehensive global market access to Malaysian investors, opening up a diverse array of investment opportunities on one of Asia’s leading stock exchanges.

The integration of SGX trading services on the moomoo app is a testament to Moomoo Malaysia’s commitment to enhancing the investment journey for Malaysian investors. Complemented by robust educational resources, this initiative is designed to help users understand the complexities of international markets and make well-informed investment decisions.

Ivan Mok, CEO of Moomoo Malaysia, emphasized the company’s broader vision: “Our goal has always been to democratize 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.”

Enhancing investor relations for SGX-listed companies

The expansion also presents considerable benefits to SGX-listed companies, enabling them to leverage Moomoo’s extensive regional investor base. Moomoo’s Investor Relations (IR) solutions have been gaining traction among these companies, providing them with unparalleled access to a broader investor base.

Highlighting this trend, Mok noted, “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.”

Innovative features and competitive pricing

Moomoo Malaysia’s platform is not only about providing access but also about enriching the entire investment experience. With advanced analytics, real-time data, and intuitive screening tools, investors are empowered to make informed decisions. Whether a seasoned trader or a novice, Moomoo Malaysia’s technology simplifies complex investment concepts, guiding users toward building portfolios aligned with their financial goals.

Additionally, the platform offers a competitive pricing structure, including 0% commission* on trades, significantly reducing cost barriers and encouraging a wider 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,” added Mok.

Since its launch in February 2024, Moomoo Malaysia has rapidly garnered over 300,000 users and was recognized as the No. 1 downloaded financial app in Malaysia by April 2024. The platform’s success is further evidenced by its recent accolade as the ‘Best Up and Coming Digital Investment Platform’ at the PC.com 2024 Readers Choice Award. This growth reflects Moomoo Malaysia’s success in transforming the investment landscape by offering 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.