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Davis Wu
Within 1 year

Is Moomoo overseen by any financial regulators, and if so, which ones?

Broker Issues
Moomoo
Regulation
06-27
United States
WikiFX
Reply

As someone who has spent considerable time evaluating brokers from a professional trader’s perspective, I always make regulatory oversight my first checkpoint for platform safety. For Moomoo, my research found that the platform is indeed regulated by relevant authorities. In particular, Moomoo is under the supervision of the Monetary Authority of Singapore (MAS), holding a formal retail forex license in that jurisdiction. This is notable, as MAS is widely respected for its rigorous standards and active oversight, which helps foster a safer environment for client funds and market integrity. Additionally, Moomoo claims regulatory coverage by the National Futures Association (NFA) in the United States, though there appear to be some questions regarding the authenticity or full verification of this status. In my experience, a broker’s relationship with well-known regulators like MAS means a certain level of operational transparency, and clients typically benefit from stronger consumer protection protocols as a result. However, I urge all traders to independently verify current regulatory details directly with the respective authorities, as status and licenses can change. While Moomoo demonstrates legitimate regulatory coverage through MAS, as a cautious trader, I would scrutinize any conflicting or unverified claims, such as the NFA connection, and avoid assuming regulatory protection without explicit confirmation.

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