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.
Visit Site | Visit Site | |
Empower | Moomoo | |
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Join Empower For Free - | Deposit and Get 15 Free Stocks plus 8.1% APY on uninvested cash - | |
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 Fee | Investment 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 | |
Cryptocurrency Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | ||
Commission Free ETFs | ||
Phone Support | +1 888 721 0610 (Trading days: 8:30 - 16:30 ET) | |
Live Chat Support | ||
Email Support | ||
Human Advisors | ||
Robo Advisor | ||
Assets Under Management | Total client assets of HK$468.1 billion as 09/30/2023 | |
Minimum Investment | Investment Account: $0; Wealth Management: $100,000 | |
Penny Stocks | ||
Tax Loss Harvesting | ||
Goal Tracker | ||
Automatic Deposits | ||
Broker Assisted Trades | ||
Good For | Traders looking for access to Hong Kong and Chinese assets | |
Inactivity Fee | ||
Maintenance Fee | ||
Online Platform | ||
iPhone App | ||
Android App | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Two-Factor Authentication | ||
Forex Trading | ||
Futures Trading | ||
Bond Trading | ||
CFD Trading | ||
Currency Trading | ||
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 Community | ||
Seminars | ||
Trading Platform | ||
Virtual Trading | Yes. Virtual account for each market with 1 million (USD/HKD/CNY/SGD/CAD) in each account | |
Investment Tracking | ||
Single Stock Diversification | ||
Fractional Shares | ||
Taxable Accounts | ||
401k Plans | ||
IRA Accounts | ||
Roth IRA Accounts | ||
SEP IRA Accounts | ||
Trust Accounts | ||
529 Plans | ||
CreditDonkey® Reviews | ||
Human Advisors | ||
Robo Advisor | ||
Price | ||
Goal Tracker | ||
Budgeting | ||
Customer Service | ||
Ease of Use | ||
Investment Tracking | ||
Retirement Planning | ||
Stock Trading | ||
Options Trading | ||
Minimum Deposit | ||
Mobile App | ||
Commissions and Fees | ||
Research | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Free advanced tools plus hybrid advisory service for people with over $100k in investments... | Low-cost way to trade US, HK, and Chinese assets with advanced research tools... |
Visit Site | Visit 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. |
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.
Get $30 Bonus with Wire Deposits
Receive a $30 cash coupon when you reach a net accumulated monthly wire deposits of $10,000 or more.
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.
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.