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Empower vs Moomoo

Empower is a free advanced tools plus hybrid advisory service for people with over $100k in investments. How does it compare to Moomoo? Read our comparison chart below.

Empower offers free advanced financial tools and paid wealth management services.

While Moomoo lets you invest in US-listed stocks, options, and ETFs with $0 commission. Its award-winning investment app has no platform fees, inactivity fees, or minimum investment requirements. It provides access to Hong Kong and Chinese investments and has extended trading hours.

Compare Empower with Moomoo, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

 EmpowerMoomoo
 Visit SiteVisit Site
 

Empower

Moomoo

SPECIAL OFFER
Join Empower For Free - Learn More

Read Empower Review

SPECIAL OFFER
Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash - Learn More

Read Moomoo Review

 

Benefits and Features

Stock Trading $0 commission on US stocks and ETFs
Options Trading $0 for US Options;
$0.50 per contract for Index Options
Annual FeeInvestment Account: $0;
Wealth Management:0.89% for first $1 million, 0.79% for first $3 million, next $2 million 0.69%, next $5 million, 0.59%, and 0.49% over $10 million
None
Cryptocurrency Trading 
No
Minimum Deposit
$100,000
$0
Mutual Fund Trading 
No
Commission Free ETFs 
3,030 US-listed ETFs
Phone Support
Yes
+1 888 721 0610
(Trading days: 8:30 - 16:30 ET)
Live Chat Support
No
Yes
Email Support
Yes
Yes (cs@us.moomoo.com)
Human Advisors
Yes
No
Robo Advisor
Check
No
Assets Under Management
$1.6 Trillion
Total client assets of HK$468.1 billion as 09/30/2023
Minimum InvestmentInvestment Account: $0;
Wealth Management: $100,000
 
Penny Stocks 
Yes
Tax Loss Harvesting
Yes
No
Goal Tracker
Yes
No
Automatic Deposits
Yes
No
Broker Assisted Trades 
Not available
Good For Traders looking for access to Hong Kong and Chinese assets
Inactivity Fee 
$0
Maintenance Fee 
$0
Online Platform
Yes
Yes
iPhone App
Yes
Yes (4.6 stars, 19k ratings)
Android App
Yes
Yes (4.6 stars, 18k ratings)
Banking 
No
Mobile App
iOS & Android
Yes
Desktop App 
Yes
Two-Factor Authentication 
SMS
Forex Trading 
No
Futures Trading 
No
Bond Trading 
No
CFD Trading 
No
Currency Trading 
No
Customer Service Live Chat (24 hours);
Phone: +1-888-721-0610 (Trading day: 08:30AM - 04:30PM EST);
Email: cs@us.moomoo.com
Locations 
Online only
Online Community 
Yes
Seminars 
Yes
Trading Platform 
Desktop, Mobile Apps
Virtual Trading Yes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account
Investment Tracking
Check
 
Single Stock Diversification
Yes
 
Fractional Shares
No
Yes
Taxable Accounts
Yes
Yes
401k Plans
Yes
No
IRA Accounts
Yes
No
Roth IRA Accounts
Yes
No
SEP IRA Accounts
Yes
No
Trust Accounts
Yes
No
529 Plans
Yes
No
 

CreditDonkey® Reviews

 EmpowerMoomoo
Human AdvisorsStarStarStarStarStar
Robo AdvisorStarStarStarEmpty StarEmpty Star
PriceStarStarStarStarStar
Goal TrackerStarStarStarStarStar
BudgetingStarStarStarEmpty StarEmpty Star
Customer ServiceStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Ease of UseStarStarStarStarStarStarStarStarStarEmpty Star
Investment TrackingStarStarStarStarStar
Retirement PlanningStarStarStarStarStar
Stock TradingStarStarStarStarStar
Options TradingStarStarStarStarStar
Minimum DepositStarStarStarStarStar
Mobile AppStarStarStarStarHalf Star
Commissions and FeesStarStarStarStarStar
ResearchStarStarStarStarEmpty Star
Pros & ConsPros:
  • Retirement planner
  • Free portfolio advice
  • Robo plus human advisors
Cons:
  • $100,000 min for advisory service
  • Higher fees than competitors
Pros:
  • Commission-free trading
  • Free paper trading
  • Access to Hong Kong and Chinese investments
Cons:
  • May be overwhelming for beginners
  • No forex, bonds, mutual funds, or crypto
Bottom LineFree advanced tools plus hybrid advisory service for people with over $100k in investments... Read full reviewLow-cost way to trade US, HK, and Chinese assets with advanced research tools... Read full review
 Visit SiteVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Empower: Pricing information from published website as of 04/30/2020

Moomoo: Pricing information from published website as of 05/03/2024.

Empower: Empower Personal Wealth, LLC (“EPW”) compensates CREDITDONKEY INC for new leads. CREDITDONKEY INC is not an investment client of Personal Capital Advisors Corporation or Empower Advisory Group, LLC.

Moomoo

Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash

Enroll Cash sweep to enjoy 4.6% APY base rate plus 3.5% APY booster for the first 3 months after opening your account

Make a net deposit of $1,000 or more to receive 15 draws, each for a free stock worth $2 - $2,000 each. Maintain average assets totaling $1,000 or more for 60 days to unlock the free stocks.

This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

Expires in 7 days
Moomoo

Get $30 Bonus with Wire Deposits

Expires 3/31/2025

Receive a $30 cash coupon when you reach a net accumulated monthly wire deposits of $10,000 or more.

Moomoo

Transfer and Get 1.5% Match Bonus

Get a 1.5% match bonus on your first transfer to your MFI account. The match amount is limited to the first $1 to $20,000 transferred into the account. Eligible assets should be from the following broker-dealers: Robinhood, Webull, TD Ameritrade (including thinkorswim), Interactive Brokers, Fidelity, E*TRADE, Cash App, Charles Schwab, Ally Invest, Firstrade, or Merrill Lynch to qualify for the cash rewards. Cash rewards will depend on the value of eligible assets transferred during the offer period. This offer is available to new and existing customers who have not made a deposit nor an ACAT Transfer before May 29, 2024 04:00 ET and who will or are planning to make an ACAT Transfer during the duration of the offer. Terms and conditions apply.

Expires in 7 days

Which is Better: Empower or Moomoo?

Still need help deciding which investing is better? Read the in-depth reviews below. You may also be interested in comparing Empower or Quicken.

In short: Empower's customer service and ease of use are excellent.


Articles on Empower

Empower

Empower offers wealth management services and free financial tools. But is it legit? Find out if this robo advisory service is right for you.

Is Empower Safe

Empower offers free budgeting tools. But is it safe to link all your financial accounts? Learn just how secure Empower is.

Empower vs Quicken

Quicken is the oldest name in personal finance software, while Empower is newer and offers advanced tools for free. Read on to see if it's a good alternative to Quicken.

Empower vs Mint

Empower and Mint are popular money management apps. Read this review to find out how they compare and which one is better for you.

Articles on Moomoo

Moomoo Review

Moomoo can help you invest your money in U.S. and international markets. But will it suit the way you like to trade?

Which Do You Think is Best?





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