![]() Margin trading involves interest charges and heightened risks, including the potential to lose more than invested funds or the need to deposit additional collateral. Past performance should not be viewed as an indicator of future results. The value of investments may fluctuate and as a result, clients may lose the value of their investment. Investments in stocks, options, ETFs and other instruments are subject to risks, including possible loss of the amount invested. For further information about SIPC insurance coverage for accounts with Moomoo Financial Inc., see or request an explanatory brochure from Moomoo Financial Inc. SIPC does not protect against market risk, which is the risk inherent in a fluctuating market. It is important to understand that SIPC protects customer accounts against losses caused by the financial failure of the broker-dealer, but not against an increase or decrease in the market value of securities in customers' accounts. ![]() ![]() is a member of Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). are protected by the Securities Investor Protection Corporation (SIPC). Brokerage accounts with Moomoo Financial Inc. regulated by the Monetary Authority of Singapore (MAS), Futu Securities International (Hong Kong) Limited regulated by the Securities and Futures Commission of Hong Kong (SFC) and Futu Securities (Australia) Ltd regulated by the Australian Securities and Investments Commission (ASIC).įor further information about Moomoo Financial Inc., please visit Financial Industry Regulatory Authority (FINRA)’s BrokerCheck. Securities and Exchange Commission (SEC), Moomoo Financial Pte. Securities, brokerage products and related services available through the moomoo app are offered by including but not limited to the following brokerage firms: Moomoo Financial Inc. The moomoo app is an online trading platform offered by Moomoo Technologies Inc. For more information on the cash sweep program, click here Additionally, any fees Moomoo Financial receives may vary and is subject to change. The Annual Percentage Yield (APY) might change at any time at the program banks' or Moomoo Financial's discretion. Program banks then pay interest on your swept cash, minus any fees paid to MFI. Interest is earned on the uninvested cash swept from your MFI brokerage account to program banks. (MFI) Cash Sweep Program is a feature of your brokerage account. If available cash to be invested in Deposit Accounts exceeds the aggregate maximum coverage limit of $1,000,000 ($2,000,000 for joint accounts), any additional funds will be invested in a Deposit Bank but will not be FDIC insured. You are responsible for monitoring the total amount of deposits that you have with each Deposit Bank, in order to determine the extent of FDIC deposit insurance coverage available to you. or another broker-dealer, will be aggregated with deposits in your Deposit Accounts at the Deposit Bank for purposes of determining the Maximum Applicable Deposit Insurance Amount. or another broker-dealer), including multiple accounts held at Moomoo Financial Inc. Through the Program, joint accounts are eligible for FDIC insurance up to $500,000 per Deposit Bank.Īny deposits (including certificates of deposit issued by a particular Deposit Bank) that you maintain in the same capacity directly with a Deposit Bank, or through an intermediary (such as Moomoo Financial Inc. The Deposit Accounts held at any Deposit Bank participating in the Program will be eligible for FDIC insurance up to the maximum applicable deposit insurance amount ("Maximum Applicable Deposit Insurance Amount"), which currently is $250,000 in the aggregate at each Deposit Bank, as described in detail below. ![]() For a current list of Deposit Banks at any point in time, please refer to our website or contact Moomoo Financial Inc. The Deposit Bank List may change over time. Available cash balances will be swept through the Program into interest-bearing deposit accounts ("Deposit Accounts") at one or more participating banks (each a "Deposit Bank") set forth on the Deposit Bank List, which can be accessed on our website at or by contacting Moomoo Financial Inc.
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