This is a promotion offer by 2 new Singapore brokers (both approve by MAS) and they are giving away real 1 free USD share to attract new customers.
This kind of Legitimate Singapore Free Money does not come often, why reject it?
I took about 10 minutes each, using Myinfo and then doing the funding. Total 300+ SGD for around 20 minutes of work.
Recent check:
1 Apple share is around 130 USD (172 SGD)
1 Starbucks share is around 110 USD (146 SGD)
Plus 30 days of Commission Fee trading for those who wish to trade stocks in US, HK or SG.
Do Not Do Deposit Testing
Some of us like to be extra careful when transfering money to a new account and we often like to do a $1 test deposits. However, to get the free share you need to place it during the INITIAL (FIRST) funding to your new brokerage account.
Moo Moo Trading Account (is a subsidiary of Futu Holdings Limited that is listed on NASDAQ, backed by Tencent)
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