Head to head
moomoo vs Tiger Brokers — which broker is better?
moomoo or Tiger Brokers? Fees, regulation, platform and product range compared side by side — with a verdict drawn from the data.
Risk warning: CFDs and leveraged products are complex instruments and come with a high risk of losing money rapidly. Investments can fall in value. Past performance is not an indicator of future results.
moomoo
One of the most data-rich free trading platforms on the market — if you happen to live in one of the seven countries it serves.
- Stocks (per order)
- Free
- Minimum deposit
- None
- 5,000 order
- €0
Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
Tiger Brokers
A Nasdaq-listed multi-market app broker licensed in Singapore, Hong Kong and Australia, with a long product list and a regulatory record in mainland China that belongs in the decision.
- Stocks (per order)
- 0.06 %
- Minimum deposit
- None
- 5,000 order
- €3
Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
The verdict in numbers
Four decision axes, each derived from the recorded data.
Overall moomoo takes it, 4.3 against 4.1 out of 5. moomoo is the cheaper of the two: a reference EUR 5,000 stock order costs €0.00 there against €3.00. moomoo scores 86 against 78 out of 100 on the group index. Your account's protection depends on its legal entity. Tiger Brokers covers more ground with 10 of 14 asset classes against 7. On platform and app moomoo is ahead, 4.6 against 4.4 out of 5. Which one is right depends on which of these axes matters for your trading profile.
- moomoo
- 4.3 — Better
- Tiger Brokers
- 4.1
- moomoo
- €0.00 — Better
- Tiger Brokers
- €3.00
- moomoo
- 86 of 100
- Tiger Brokers
- 78 of 100
- moomoo
- 7/14
- Tiger Brokers
- 10/14 — Better
- moomoo
- 4.6 — Better
- Tiger Brokers
- 4.4
Compare brokers side by side
Up to four brokers at once — every row a decision point.
Data as of: 02 Nov 2026
| Criterion | moomoo 4.3 Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. | Visit broker Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money. |
|---|---|---|
| Overall score | 4.3 — Better | 4.1 |
| Group index | 86 of 100 | 78 of 100 |
| Best for | Data-driven active tradersUS options tradersAsia-Pacific investorsLevel 2 depth usersMulti-market stock pickers | Singapore investors using CDP, CPF or SRSMulti-market stock and options traders in Asia-PacificHong Kong residents who want stocks and crypto in one appFutures traders on CME, HKEX and SGX |
| Regulation | FINRAMASASICCIROSC | MASSFCASIC |
| Top-tier licences | 4 — Better | 3 |
| Investor protection | CA$1,000,000 — Better | US$500,000 |
| Listed group | Yes | Yes |
| Banking licence | No | No |
| Segregated client accounts | Yes | Yes |
| Negative balance protection | No | No |
| Audited financials | Yes | Yes |
| Disclosed regulatory actions | 1 | 2 |
| Founded | 2012 | 2014 |
| Headquarters | Jersey City, New Jersey, US | Singapore, SG |
| Fees | 4.5 — Better | 4.0 |
| Safety & regulation | 4.3 — Better | 3.9 |
| Trading platform | 4.6 — Better | 4.3 |
| Product range | 3.8 | 4.3 — Better |
| Mobile app | 4.5 — Better | 4.4 |
| Research | 4.4 — Better | 4.0 |
| Customer support | 3.2 | 3.6 — Better |
| Deposit & withdrawal | 3.9 | 4.0 — Better |
| Account opening | 4.5 — Better | 4.3 |
| Education | 4.0 — Better | 3.6 |
| Reference order EUR 5,000 | €0.00 — Better | €3.00 |
| Minimum deposit | None | None |
| Stocks (per order) | Free | 0.06 % |
| US stocks | Free | US$0.01/share |
| ETFs | Free | 0.06 % |
| Options | Free — Better | US$0.65 |
| Futures | US$2.99 | US$2.99 |
| Crypto | 0.49 % | 0.05 % — Better |
| Bonds (order) | n/a | 0.12 % |
| Funds (order) | n/a | Free |
| EUR/USD spread | n/a | n/a |
| Index CFD spread | n/a | n/a |
| FX conversion | n/a | n/a |
| Inactivity fee | None | n/a |
| Custody fee | n/a | None |
| Withdrawal fee | free | free |
| Deposit fee | free | free |
| Overnight financing | n/a | n/a |
| Other fees |
|
|
| Asset classes (of 14) | 7 | 10 — Better |
| Exchanges | n/a | n/a |
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Options | Yes | Yes |
| Futures | Yes | Yes |
| Forex | No | No |
| CFDs | No | No |
| Crypto | Yes | Yes |
| Bonds | No | Yes |
| Funds | Yes | Yes |
| Commodities | No | Yes |
| Indices | Yes | Yes |
| Warrants | No | Yes |
| Spread betting | No | No |
| Social trading | No | No |
| Crypto access | Broker, real coins; coins to your own wallet: only for certain coins | Broker, real coins; coins to your own wallet: only for certain coins |
| Platforms | moomoo Desktopmoomoo mobile appmoomoo Webmoomoo OpenAPITradingView integration | Tiger Trade appTiger Trade desktopTiger Open Platform (API) |
| Demo account | Yes | Yes |
| Fractional shares | Yes | Yes |
| Maximum leverage | 1:4 | 1:4 |
| Account opening | Fully digital application; most accounts are approved within one business day | Fully online in the Tiger Trade app or on the website; Singpass in Singapore (accounts opened within 1–3 business days); in Hong Kong the initial deposit must come from a Hong Kong licensed bank account for verification |
| Account types | Individual cash accountIndividual margin accountLegal entity / corporate account | Cash account (Singapore)Margin account (Singapore)Cash Boost Account (Singapore)Demo accountVirtual asset account (Hong Kong) |
| Payment methods | Bank transfer | Bank transferWise |
| Account currencies | USDSGDHKDAUD | SGDUSDHKDAUDEUR |
| Deposit time | ACH typically 1–3 business days; wires same or next business day | Singapore: SGD by DDA from DBS/POSB in about 5 minutes; SGD by FAST from 15 minutes during business hours; other currencies 1–2 business days; from banks outside Singapore 1–3 business days |
| Withdrawal time | 1–3 business days by ACH; same day by wire | Singapore: review of 1–2 business days, then 1–3 business days by FAST, MEPS, FPS or telegraphic transfer |
| Free withdrawals | n/a | n/a |
| Languages | EnglishChinese | EnglishChinese |
| Channels | PhoneEmailLive chat | PhoneEmailLive chatWhatsApp |
| Availability | US phone Mon–Fri 08:30–16:30 ET; online enquiries handled 24/7 | Singapore: phone weekdays 08:30–18:30 SGT, online chat and WhatsApp weekdays 08:30 to 05:00 the next day. Hong Kong: phone weekdays 09:30–18:30 HKT, online chat weekdays 09:30 to 05:00 the next day |
Strengths and weaknesses side by side
Editorial assessment based on the recorded data.
moomoo
One of the most data-rich free trading platforms on the market — if you happen to live in one of the seven countries it serves.
Pros
- Free Nasdaq TotalView Level 2 depth on the US platform — Webull charges USD 3.99 per month for comparable data
- USD 0 commission and USD 0 contract fee on US stocks, ETFs and equity options for US residents
- A desktop terminal with institutional-holdings tracking, heat maps, an options strategy builder and 100+ indicators, plus the newer moomoo NX shell
- Parent Futu Holdings is Nasdaq-listed (FUTU) and clearing runs through an in-house FINRA/SIPC member, Futu Clearing Inc., rather than a third party
- Five regulated entities across the US, Singapore, Australia, Canada and Malaysia, including CIPF cover of CAD 1,000,000 for Canadian clients
- No inactivity fee, no maintenance fee, no minimum deposit, and free ACH in and out
- Multi-market equity access — US, Hong Kong and China A-shares appear on the same platform, which most zero-commission apps cannot do
Cons
- Available to residents of only seven countries — the United States, Canada, Singapore, Australia, Japan, Malaysia and New Zealand — with no EU, UK or DACH entity
- Parent company Futu was publicly named by China's CSRC in 2022 over unlicensed cross-border brokerage; mainland onboarding stopped and the apps were removed from mainland stores in 2023
- Trustpilot sentiment is mixed at roughly 2.4–3.4 out of 5 depending on locale, with slow support responses the most common complaint
- No futures, no bonds and no traditional mutual fund supermarket for US retail clients — futures exist only via the Singapore and Australia entities
- Non-US residents pay a materially worse schedule on the same US market: USD 0.0049 per share commission (minimum USD 0.99) plus a USD 0.005 per share platform fee (minimum USD 1.00) per order
- Only ACH moves money for free: an outgoing wire costs USD 20 domestic or USD 25 international, and an outgoing ACATS stock transfer costs USD 100
Best for
Tiger Brokers
A Nasdaq-listed multi-market app broker licensed in Singapore, Hong Kong and Australia, with a long product list and a regulatory record in mainland China that belongs in the decision.
Pros
- At Tiger Brokers Singapore, one Tiger Trade account reaches US, Hong Kong, Singapore, China A-share (Stock Connect) and Australian stocks, plus US and HK options, futures, US Treasuries and over 1,500 funds
- Low SGX pricing at Tiger Brokers Singapore: 0.03% commission plus a 0.03% platform fee (minimums SGD 0.99 and SGD 1), and the SGD 2 quarterly SGX custody fee is waived until further notice
- Licensed group companies in Singapore (MAS), Hong Kong (SFC, CE BMU940) and Australia (ASIC, AFSL 300767) under a Nasdaq-listed parent (TIGR)
- Singapore-specific features: the Cash Boost Account with CDP, CPF and SRS linkage, Singpass onboarding and no minimum deposit
- Free US Level 2 data (NYSE ArcaBook) and a free demo account with USD 1 million in virtual funds
- Auto-invest from USD 2 in US stocks and ETFs, HKD 500 in HK stocks and SGD 100 in SGX stocks, daily to monthly (SGX plans on the 1st and 15th of each month)
- Hong Kong clients can trade BTC, ETH, SOL, AVAX and LINK as retail investors under the SFC licence, with on-chain deposits and withdrawals for BTC and ETH (USDT for professional investors only)
Cons
- China's CSRC Beijing Bureau imposed penalties and confiscations of about RMB 411 million (about USD 59.7 million) on group subsidiaries on 22 May 2026, after an earlier CSRC finding of unlicensed cross-border business reported in January 2023
- US shares are not commission-free in Singapore: USD 0.005 per share commission plus USD 0.005 per share platform fee (minimums USD 0.99 and USD 1 per order) plus a USD 0.003 per share settlement fee
- The New Zealand company is registered as a client money and property service provider but states that it is not licensed by a New Zealand regulator
- Prices, products and protection differ by entity, and some advertised prices (the HK commissions for targeted participants, the US option coupon plan) are time-limited promotions or need activation
- Moving holdings out of Tiger Brokers (HK) costs USD 150 per US stock and HKD 500 per Hong Kong stock, and neither the Singapore nor the Hong Kong pages we read state what currency conversion costs
Best for
Open an account with either
A demo account costs nothing and answers the platform question in ten minutes.
Risk warning: CFDs and other leveraged products are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.
Advertising disclosure: where a partnership is active, we may earn a commission through broker links. The provider’s terms apply. Commissions do not influence our ratings; paid placements are separately labelled as sponsored.
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