Buying and selling can appear daunting, particularly when you’ve by no means tried it earlier than.
On the one hand, you is perhaps afraid of dropping cash or lack self-confidence on account of lack of expertise.
Here is some excellent news: moomoo Singaporewill maintain a paper buying and selling competitors on its platform the place individuals can commerce nearly with out utilizing actual cash.
It will cut back the obstacles and permit individuals to attempt their hand at buying and selling and achieve confidence.
For the uninitiated, Moomoo Monetary Singapore Pte. (“moomoo Singapore”), a part of Nasdaq-listed Futu Holdings Restricted (NASDAQ: FUTU), is a next-generation on-line brokerage agency that gives digital brokerage and funding providers.
In Singapore, funding services and products on moomoo are provided by Moomoo Monetary Singapore Pte. ltd.
In June 2022, moomoo Singapore grew to become the primary digital brokerage agency to obtain all 5 SGX Group memberships for securities and derivatives markets.
If you want to enter the Paper Swap Contest, listed below are the small print.
Moumooo Singapore donates 1 Singapore greenback for every participant
The paper buying and selling competitors will run from now till October 21, 2022.
Audio system will begin with an preliminary digital capital of US$200,000 and can commerce solely within the US market.
The winner with the best revenue wins after the competition ends on October 21, 2022.
Prime: To have fun the tenth anniversary of FUTU, moomoo Singapore will donate S$1 to Make-A-Want Basis for every participant who enters the competition (capped at S$20,000).
Due to this fact, individuals will probably be comfortable understanding that they are going to be contributing to a very good trigger whereas studying the way to commerce.
A complete of 100 individuals will stroll away with prizes. Right here is the value record.
- First prize: money coupon of S$1,888
- Second prize: money coupon of S$888
- Third prize: money coupon of S$388
- Fourth on the twentieth: USD 50 coupon in shares
- From 21 to 50: 20 USD coupon in shares
- 51st to one hundredth: S$10 Huggs espresso digital Properly
Small goal rewards
- Take part within the contest: 50 reward factors
- Every day energetic (one paper commerce): 20 reward factors
- Seven days (complete) energetic: 500 loyalty factors
- Weekly chief: 8888 factors
Moumooo Singapore additionally hopes to spice up the monetary literacy of Singaporeans by providing a sequence of Lunch & Study occasions.
The information gained by the individuals can then be utilized to the paper buying and selling competitors.
The perfect half? These occasions are free.
Right here is this system :
Easy methods to make investments to battle inflation
October 7, 2022, 12 p.m. JustCo Marina One East Tower
Speaker: Gerald Wong, Founder and CEO, Beansprout
Is Money King in a interval of inflation?
October 14, 2022, 12 p.m., WeWork Collyer Quay
Speaker: Sam Ye, Vice President (Enterprise Growth), Fullerton Fund Administration
Easy methods to construct your funding portfolio to battle inflation
October 21, 2022, 12 p.m. WeWork Battery Street
Speaker: Chew Hock Beng, Monetary Advisor
Right here is the schedule for every Lunch & Study occasion:
- 12 p.m. to 12:45 p.m. – Seminar
- 12:45 p.m. to 2 p.m. – Lunch & Networking*
* Complimentary buffet lunch will probably be offered.
Register for occasions right here.
The moomoo app additionally offers customers with academic assets and instruments that can assist you make one of the best buying and selling choices for your self.
Merely head over to “moomoo Study” within the app and you will find tutorials masking a variety of matters resembling shares, funds, ETFs, choices, and extra. for brand spanking new and seasoned traders.
Thus far, moomoo Study has helped over 900,000 learners achieve monetary information and unlock funding expertise.
Study extra in regards to the Paper Buying and selling Competitors right here and obtain the app right here.
This sponsored submit is in collaboration with moomoo Singapore. This commercial has not been reviewed by the Financial Authority of Singapore.
Prime photograph by way of Unsplash