• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Go to Expat Living Hong Kong
Get our Newsletter

Lifestyle Guide To Moving To & Living in Singapore - Expat Living HomepageLifestyle Guide To Moving To & Living in Singapore - Expat Living

Moving to Singapore and not sure where to start? Expat Living is the essential lifestyle guide to living in Singapore.

Menu
  • Living in Singapore
      • Living here
      • Neighbourhood Guides
      • Schools
      • Property
      • Work And Business
      • Finance
      • For Guys
      • Environment
        • Forbidden Hill fathers day gifts15 Fabulous Father’s Day Gifts and Things to Do
        • weddingTop 20 wedding venues in Singapore, for all sorts of couples
        • family portraits photographers in Singapore_Looking for a family photographer in Singapore?
        • finfluencer financial scammersScammers and finfluencers!
      • View all
    Close
  • Things To Do
      • Things to do
      • EL Events
      • Calendar
      • Competitions
      • Noticeboard
        • Muswell Hill comedy Pangdemonium dinner partyPangdemonium brings Muswell Hill to Singapore
        • looking for clues treasure hunt time heistWin big in the Civic District treasure hunt
        • As You Were ArtworksWhat’s on this week and beyond
        • The National Stadium - Sports Hub Best venues for concertsTheatres in Singapore plus venues for events & concerts!
      • View all
    Close
  • Kids
      • Enrichment
      • Kids Things To Do
      • Mums & Babies
      • Schools
      • Tots & Toddlers
      • Tweens & Teens
        • Forbidden Hill fathers day gifts15 Fabulous Father’s Day Gifts and Things to Do
        • fishing 3aHoliday fun and outdoor activities at this Adventure Camp
        • family portraits photographers in Singapore_Looking for a family photographer in Singapore?
        • enlarged adenoids ENT surgeonENT specialists discuss hearing loss & enlarged adenoids!
      • View all
    Close
  • Homes
      • Home Decor
      • Readers’ Homes
      • Furniture
        • European bedding best mattressBest mattresses for the best sleep!
        • antique furniture singaporeAntique furniture shops – plus vintage and reproduction furniture!
        • Where to buy lamps in SingaporeWhere to buy lamps in Singapore – lights galore!
        • RedhillLiving in historical Alexandra Park, Redhill
      • View all
    Close
  • Travel
      • Asia
      • Australia & New Zealand
      • Rest Of World
      • News
      • Travel Offers
        • ideas for a long weekend awayPlan ahead for that long weekend away!
        • international health insuranceProtecting your health overseas in 2022
        • Krabi Thailand beachfront villas for beach holiday in ThailandBeachfront villas in Krabi Thailand – perfect for your next beach holiday!
        • New ZealandYour mini guide to New Zealand
      • View all
    Close
  • Wine & Dine
      • Asian Cuisine
      • Western Cuisine
      • Bars & Clubs
      • Groceries & Speciality Services
      • Recipes & Classes
        • Pizza12 great places to get the best pizza in Singapore
        • Farmers market - butcher - meat shopTop butchers for good-quality meat
        • Sugarhall DaquriLatest bars in Singapore: New drinking spots!
        • M&S Meat Free NuggetsPlant-based nuggets – here’s what we think!
      • View all
    Close
  • Style & Beauty
      • Fashion
      • Hair & Beauty
      • Beauty Offers
        • hydrating products skinTried and tested: Hydrating Products for Dry Skin
        • ARIANE ZAGURY 2A Curated Fashion House for All
        • Frizz TreatmentIn need of a quick fix for frizzy hair?
        • Spray tan singaporeGet a golden glow quickly with a spray tan!
      • View all
    Close
  • Health & Fitness
      • Dental
      • Fitness
      • Medical
      • Wellness
        • overweightWeight gain and your health – How a GP can help
        • PainWhat is pain and how do you treat it?
        • Pilates fitnutFancy doing a fitness & Pilates instructor course in Singapore?
        • enlarged adenoids ENT surgeonENT specialists discuss hearing loss & enlarged adenoids!
      • View all
    Close
  • Shop
    • PRINT MAGAZINE
    • DIGITAL MAGAZINE
    • BOOKS
    • Close

Start investing with only S$100

31st March 2022 by Patricea Chow 4 Min Read

https://expatliving.sg/fintech-app-for-wealth-management-financial-investment/

My first financial investment product 20 years ago was an insurance policy. This was before the advent of fintech, which has made financial investment accessible to more and more people. Today, financial investment apps enable anyone to easily start, track and grow their investments, all through an app.

If you’re a beginner investor and would like to start small, read on to see how you can begin investing with as little as S$100 on moomoo. Plus, there are special promotional rewards for all users available until 31 May 2022.

open an account with moomoo fintech wealth management app

Investment app for all levels of investors

Moomoo is an investment platform by Singapore-based Futu Holdings. Since entering the Singapore market, it has proven a hot favourite among the investing community; the user base has grown to 220,000, of which 100,000 are paying clients.

The fintech platform offers a whole range of products for trading or investment:

  • Trading of US, Hong Kong and Singapore stocks without commission (only during the promotion period)
  • China A-shares
  • Margin trading
  • US stock options
  • American Depositary Receipts (ADRs)
  • IPOs, Exchange Traded Funds (ETFs)
  • Real Estate Investment Trusts (REITSs)
  • Futures
  • Mutual funds

If you’re above the age of 18 and have a bank account based in Singapore, you can open an account with Futu Singapore.

If you’re a new or beginner investor who is undecided on what to invest in, Managing Director of Futu Singapore, Gavin Chua, suggests looking into mutual funds. He says, “As a beginner with a limited investment budget, purchasing mutual funds in smaller denominations enables participation in investments. Mutual funds also provide the easiest way to achieve diversification while ensuring liquidity.”

He adds that funds are equipped with managers who can actively manage the funds (coupled with information disclosure due to strict regulations by the Monetary Authority of Singapore).

moomoo investment apps makes wealth management easy

Fintech investment app with educational resources

Moomoo’s aim, says Gavin, is to make investing smarter, easier and more accessible to both new and seasoned investors; “The wealth management platform champions inclusivity and financial literacy.”

The company also understands that newbie investors require resources to aid their financial investment decisions. So, there are more than 300 videos on investing as well as infographic courses, guides and webinars on the fintech app. The topics cover stocks, options, funds and other financial instruments while catering to diversified learning objectives.

There’s also an in-app social community allowing investors to connect and exchange market views and investment insights.

“Seasoned investors can share their portfolios, experiences and insights with other investors from around the world,” says Gavin. “New investors are then able to decide on their investments and allows them to attain a rounded experience that’s a balance between studying about investment and engaging in the process of investing.”

According to Gavin, to help investors “level up”, the fintech app has tech-driven features including an AI-powered market monitor to track volatile stocks, advanced charts with technical indicators and drawing tools, custom alerts and indicator movements.

Fintech wealth management platform

As an investor grows in their financial investment journey, they may wish to manage their trading and investments all in one place. Moomoo enables users to do so via Money Plus, its online wealth management service.

“Money Plus provides one-stop access to a diverse array of over 60 fund products ranging from equity, bond, dividend or balanced funds from global fund houses with 20 asset managers. Some of these include BlackRock’s BGF ESG Multi-Asset, Franklin’s Franklin MENA Fund and Lion Global Investors’ Lion Global Vietnam Fund, all of which have shown high annual returns year-on-year,” says Gavin.

funds available on moomoo Money Plus fintech Investment app

Get rewarded when you begin your investment journey

Currently, there are zero fees on all funds with moomoo – the management fee is deducted from fund assets. And, as long as you’re above the age of 18 years and have a bank account in Singapore, you can open an account.

Promo 1

From now until the end of 13 April 2022, new sign-ups who make a deposit on the app and complete the necessary steps will receive one Sea Limited share and a S$30 stock cash voucher.

moomoo fintech app platforms for financial investment

Promo 2

From now until the end of 31 May 2022, a moomoo user can look forward to earning the following reward points when they complete fund-related tasks in the app:

#1 On your profile tab, go to Task Center and complete the tasks to get a 15% fund coupon that generates additional returns for three days and 800 reward points.

#2 Set up an automatic investment plan and get a 15% fund coupon that generates additional returns for three days and a S$8.80 cashback coupon.

#3 Subscribe to a non-money market fund with more than S$100 and get a 15% fund coupon that generates additional returns for three days and S$5.80 stock cash coupon.

#4 New users who complete the above three tasks can unlock an exclusive gift package that includes three 15% fund coupons that generates additional returns for three days, 1,500 rewards points and a S$18 fund cashback coupon.

Reward points can be used to exchange for coupons and brand merchandise in the Rewards Club in-app.

moomoo.com/sg

 

Read this if your wondering where to live in Singapore or looking for the best restaurants in Singapore to eat at.

Patricea Chow

Having lived 10 years abroad, Patricea has been rediscovering Singapore through fun events, street photography, and museum tours. She’s also partial to reading, education, spending time with family and kids, and armchair travelling.

Get the latest events, stories and special offers
sent to your inbox.

By signing up, you'll receive our weekly newsletters and offers, which you can unsubscribe to anytime.

Categories: Finance Living in Singapore Tags: Finance financial investment Investments Personal Finance wealth management

You May Also Like

finfluencer financial scammers

Scammers and finfluencers!

sports schools in singapore students jumping sack sports activities

Discover the sports programme at this international school

home internet singapore

Get your IT sorted – especially if you’re renovating

Primary Sidebar

  • Competitions
  • Noticeboard
  • Subscribe
  • About
  • advertise
  • Contact
  • Privacy

© 2022 Expat Living Singapore, All Rights Reserved.