Moomoo Malaysia, a leading investment super app, has made an impressive entrance into the Malaysian market, amassing over 120,000 users and securing more than 10,000 clients within just three days of its launch. This swift growth is a testament to Moomoo’s expanding global presence and the trust it has garnered from investors worldwide, now counting over 21 million users globally.
Ivan Mok, CEO of Moomoo Malaysia, expressed excitement over this achievement, highlighting the company’s commitment to leveraging technology to elevate Malaysia’s brokerage sector and its competitiveness in the global financial arena. Drawing on its successful track records in Singapore and Hong Kong, Moomoo aims to replicate its fintech innovation success in Malaysia. Mok emphasized the goal of setting industry standards and serving as a model for financial technology advancement in the country.
The rapid adoption of Moomoo by Malaysian investors aligns with the broader goals of Bursa Malaysia and local authorities to stimulate the investment ecosystem, aiming to increase market liquidity and national economic growth. With less than 10% of local investors compared to 30-40% in more developed markets, there’s a significant opportunity for Moomoo to play a crucial role in enhancing investment awareness and financial literacy in Malaysia.
Moomoo’s platform offers a rich array of features, including real-time market data, advanced charting tools, AI-powered analytics, and zero commission trading, designed to democratize access to investment tools for all investors, regardless of their experience level. By making investing more accessible and engaging, Moomoo is not just attracting users but is also contributing to a more informed and active investor base in Malaysia.
This achievement marks an important milestone in Moomoo’s mission to revolutionize the investment landscape through technological innovation. The platform’s focus on providing comprehensive, easy-to-use investment tools and prioritizing financial education aims to enhance engagement and participation among Malaysian investors, fostering a more vibrant and inclusive financial ecosystem.