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Buying and selling can appear intimidating, particularly should you’ve by no means tried it earlier than.
For one, you is perhaps afraid to lose cash or don’t have any confidence because of the lack of expertise.
Right here’s some excellent news: moomoo Singapore, will probably be internet hosting a paper buying and selling competitors on it’s platform the place contributors can commerce just about with out utilizing precise cash.
This may decrease the limitations and permit the contributors to strive their hand at buying and selling and construct confidence.
For the uninitiated, Moomoo Monetary Singapore Pte. Ltd. (“moomoo Singapore”), a part of Nasdaq-listed Futu Holdings Restricted (NASDAQ: FUTU) is a next-generation on-line brokerage that gives digital brokerage and funding providers.
In Singapore, funding services on moomoo are supplied by Moomoo Monetary Singapore Pte. Ltd.
In June 2022, moomoo Singapore grew to become the primary digital brokerage to obtain all 5 memberships from the SGX Group for the securities and derivatives markets.
When you’re focused on collaborating within the paper buying and selling competitors, listed below are the small print.
Moomoo Singapore donating S$1 for each participant
The paper buying and selling competitors will run from now until Oct. 21, 2022.
Individuals will start with a beginning preliminary digital capital of US$200,000 and can commerce within the US market solely.
The winner with the best revenue wins after the competitors ends on Oct. 21, 2022.
Bonus: In celebration of FUTU’s tenth birthday, moomoo Singapore will donate S$1 to Make-A-Want Basis for each participant who registers for the competitors (capped at S$20,000).
Therefore, contributors will probably be comfortable to know that they are going to be contributing to a great trigger whereas studying easy methods to commerce.
Prizes
A complete of 100 contributors will stroll away with prizes. Right here is the listing of prizes.
Money Coupons
- First prize: S$1888 money coupon
- Second prize: S$888 money coupon
- Third prize: S$388 money coupon
Inventory coupons
- Fourth to twentieth: S$50 inventory coupon
- twenty first to fiftieth: S$20 inventory coupon
Huggs voucher
- 51st to one centesimal: S$10 Huggs café digital voucher
Small goal rewards
- Take part in competitors: 50 rewards factors
- Every day energetic (one paper commerce): 20 reward factors
- Seven days (in whole) energetic: 500 rewards factors
- Weekly chief: 8888 factors
Lunch & Be taught Occasions
Moomoo Singapore additionally hopes to construct monetary literacy amongst Singaporeans by providing a sequence of Lunch & Be taught occasions.
The data that attendees acquire can then be utilized to the paper buying and selling competitors.
The perfect half? These occasions are freed from cost.
Right here is the schedule:
Easy methods to Make investments to Struggle Inflation
Oct, 7, 2022, 12pm JustCo Marina One East Tower
Speaker: Gerald Wong, Founder & CEO, Beansprout
Is Money King in Instances of Inflation?
Oct. 14, 2022, 12pm, WeWork Collyer Quay
Speaker: Sam Ye, Vice President (Enterprise Improvement), Fullerton Fund Administration
Easy methods to construct your funding portfolio to combat inflation
Oct, 21 2022, 12pm WeWork Battery Highway
Speaker: Chew Hock Beng, Monetary Marketing consultant
Right here is the agenda for every Lunch & Be taught occasion:
- 12pm to 12.45pm – Seminar
- 12.45pm to 2pm – Lunch & Networking*
*Complimentary lunch buffet will probably be supplied.
Register for the occasions right here.
moomoo app
The moomoo app additionally gives customers with academic sources and instruments that will help you make the higher buying and selling choices for your self.
Merely head to “moomoo Be taught” inside the app and you will discover tutorials overlaying a variety of matters like shares, funds, ETFs, choices, and extra for each novices and seasoned traders.
Thus far, moomoo Be taught has helped greater than 900,000 learners acquire monetary data and unlock investing abilities.
Discover out extra in regards to the paper buying and selling competitors right here and obtain the app right here.
This sponsored article is in collaboration with moomoo Singapore. This commercial has not been reviewed by the Financial Authority of Singapore.
Prime photograph by way of Unsplash
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