How to Score an ACATS Fee Refund at Moomoo
Key Points:
• Moomoo is offering a cash bonus for transferring a brokerage account from another firm.
• The ACATS-fee refund can be up to $300.
• The refund amount depends on the value of the transferred account, so smaller accounts get less.
Are you thinking about switching to moomoo? Now might be the right time. Moomoo is offering a cash prize for moving your account from another brokerage firm. However, there are some conditions.
Moomoo Promotion
Moomoo’s ACATS Bonus
Moomoo wants new customers and is offering attractive bonuses to attract traders. One offer is a cash prize worth 1.5% of the transferred account. The maximum cash bonus is $300, meaning moomoo stops counting at $20,000 in assets. You can move accounts larger than $20,000 to moomoo, but the cash prize won’t exceed $300. This amount should cover any outgoing ACATS fees from your current broker.
The main condition is the list of eligible brokerage firms. Moomoo is only offering the cash prize for accounts transferred from these firms:
- Robinhood
- Webull
- Schwab
- Interactive Brokers
- Fidelity
- E*Trade
- Cash App
- Merrill
- Ally Invest
Transferring an account from any other investment firm does not qualify for this offer.
Another condition is the percentage-based refund. Small accounts won’t get enough to cover the typical transfer cost, which is around $75 at most firms. To receive a $75 cash bonus, your incoming account needs to be worth $5,000. A small account transfer can help reduce the transfer cost but may not cover it fully.
Additionally, the funds you transfer must stay in your moomoo account for at least 90 days. If you withdraw them before that, moomoo can take back the cash prize. You can remove assets above $20,000 at any time.
Getting the Prize
To qualify for the bonus, go to the Promotion Center in the moomoo app. Tap the Me icon in the bottom-right corner and scroll down to the Promotions link. Tap on Promotions to see the current offers at moomoo. Find the one with the 1.5% cash reward and tap the button to learn more about the transfer details. On this page, click the button to join moomoo and start the ACATS transfer. You’ll need your account number from your current brokerage firm, so have it ready.
Moomoo won’t accept assets that can’t be traded on their platform. This includes mutual funds and bonds. While you can trade options, any contracts that expire in less than 7 days can’t be moved. OTC stocks are also not allowed in transfers. It’s important to check eligible securities as it affects the transfer amount.
Redeeming the Cash Bonus
After your old account arrives at moomoo, the brokerage will award your account the cash prize. You need to redeem this prize; otherwise, it won’t appear in your moomoo account. To redeem the prize, go back to the Promotions page in the app. Tap the My Rewards button at the top of the page. On the Rewards page, you’ll see the cash prize and any other promotions you’ve earned. Tap on the promotions you want to redeem and follow the instructions on the screen.
Updated on 2/14/2026.
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