How to Use Moomoo Referral Link in Malaysia (2026)
Takes ~20 minutes · KYC required · Reward: up to RM2,000 free portfolio · Verified Apr 2026
Moomoo Referral — Quick Answer
No code needed — use the referral link
Reward: Up to RM2,000 free portfolio credit · SC-approved broker · Malaysian stocks + US stocks
Download Moomoo via Referral Link →Step-by-Step: How to Use Moomoo Referral Link
- 1
Download Moomoo via the referral link
Click the referral link from ReferralCodeMY to download the Moomoo app (App Store or Google Play). Using the referral link is essential — Moomoo does not use a referral code field. The link automatically tracks your referral so you qualify for the reward.
Tip: Moomoo is operated by Moomoo Financial Malaysia Sdn. Bhd., a Capital Markets Services Licence (CMSL) holder regulated by the Securities Commission Malaysia. It is the same global platform used by over 20 million users.
- 2
Register with your Malaysian mobile number
Open the app and tap 'Sign Up'. Enter your Malaysian mobile number (+60). You will receive a 6-digit OTP via SMS — enter it to verify. Set a secure password for your account.
Tip: You can also register with your email address, but using your mobile number speeds up the KYC process as Moomoo can cross-reference it during verification.
- 3
Complete KYC verification
Moomoo requires identity verification to open a brokerage account. Submit your MyKad (front and back), provide a selfie, and fill in your personal and financial information. Moomoo also requires a signature and tax residency declaration. KYC approval typically takes 1–3 business days.
Tip: Moomoo's KYC is more detailed than e-wallet apps because it is a regulated brokerage, not just a payment app. Have your bank account details ready (for withdrawal purposes).
- 4
Make your first deposit
Once your account is approved, go to 'Assets' → 'Deposit'. Transfer funds via FPX online banking or bank transfer in MYR. The minimum deposit to unlock rewards varies by campaign — check the current reward tiers in the Moomoo app under 'Rewards'. Higher deposits unlock higher reward tiers up to RM2,000.
Tip: The RM2,000 reward is in free portfolio credit (stocks or ETFs), not cash. Check the current campaign tiers in-app before depositing — you may only need RM1,000–RM5,000 to unlock the top tier.
- 5
Start trading to unlock and use rewards
After depositing, complete any required trading activity specified in the reward campaign (e.g., execute one trade). Your free portfolio credit will be credited to your account. You can then use the credit to buy stocks or ETFs on Moomoo — US stocks, Malaysian stocks (Bursa), and ETFs are all supported.
Tip: US stock trading on Moomoo is commission-free. Malaysian stock trades (Bursa) have a low 0.03% commission. The free portfolio credit is real stock value that you can sell — it's not a locked voucher.
Common Mistakes to Avoid
- ✗Don't sign up directly from the App Store — use the referral link so the reward is tracked
- ✗Don't submit blurry MyKad photos — KYC rejection means restarting the process
- ✗Don't deposit before checking the current reward tiers — amounts change with each campaign
- ✗Don't expect a referral code field — Moomoo tracks via link, not a code
How the Moomoo Reward Tiers Work
Moomoo runs tiered reward campaigns — the more you deposit, the higher your free portfolio credit. Campaigns change, but the structure is typically:
- • Small deposit → RM100–RM300 in free stocks
- • Medium deposit → RM300–RM800 in free stocks
- • Large deposit → up to RM2,000 in free stocks
Exact amounts vary by campaign. Always check current tiers in the Moomoo app under Rewards before depositing.
FAQ
Does Moomoo have a referral code?
Moomoo Malaysia does not use a referral code field during sign-up. Instead, you must sign up using the Moomoo referral link — the link automatically registers you under the referral programme. Click the referral link on ReferralCodeMY to get started.
How much can I get from the Moomoo referral programme?
New Moomoo Malaysia users can get up to RM2,000 in free portfolio credit (stocks/ETFs) when signing up via referral link and making a qualifying first deposit. The exact reward depends on your deposit amount — higher deposits unlock higher reward tiers. Check the current tiers in the Moomoo app under Rewards.
Is Moomoo safe and legal in Malaysia?
Yes. Moomoo is operated by Moomoo Financial Malaysia Sdn. Bhd., regulated by the Securities Commission Malaysia (SC) under a Capital Markets Services Licence (CMSL). It is part of the global Moomoo group (owned by Futu Holdings, listed on NASDAQ). Your cash holdings are held in a trust account separate from company funds.
What stocks can I buy on Moomoo Malaysia?
Moomoo Malaysia supports: US stocks and ETFs (NYSE, NASDAQ), Malaysian stocks (Bursa Malaysia), and Hong Kong stocks. US stock trading is commission-free. Moomoo also provides real-time Level 2 quotes, advanced charting, and market news — features usually only available to professional traders.
How long does Moomoo KYC take?
Moomoo KYC typically takes 1–3 business days. Unlike e-wallet apps, Moomoo is a regulated broker so the verification is more thorough — you'll need to provide MyKad, a selfie, financial information, and a signature. Some accounts are approved within hours during business days.
Can I withdraw my Moomoo referral reward?
The referral reward is in the form of free portfolio credit (actual stocks/ETFs), not withdrawable cash. However, you can sell the stocks credited to you and withdraw the proceeds to your Malaysian bank account. Terms on lock-up periods vary by campaign — check the current T&Cs in the Moomoo app.