Online brokerage
Moomoo Canada Review: CIRO-Registered, Fees & Platforms
By ForexCanada Editorial Team · Updated
Canada check
- Canadian status
- CIRO-registered
- Canadian entity
- Moomoo Financial Canada Inc.
- CIPF coverage
- Yes (eligible accounts, within CIPF limits)
- OBSI complaints
- Yes — free, independent dispute resolution
- Accepts Canadians
- Accepts Canadian residents
- Licences abroad
- —
- Founded
- 2018
- Headquarters
- Toronto, ON (Canadian entity)
- Ownership
- Futu Holdings Ltd. (NASDAQ: FUTU)
Our take on Moomoo Canada
Moomoo Canada is the Canadian arm of NASDAQ-listed Futu Holdings. Its app is aimed at active retail traders, with detailed charts, Level 2 data, options chains and a busy social feed. It offers TFSA and RRSP accounts and USD accounts. Pricing is low but check the current schedule and the fine print on promotions.
Moomoo's app is built for people who want data: Level 2 quotes, institutional-flow indicators, options analytics and a social community inside one interface. Its parent, Futu, is a large NASDAQ-listed broker in Asia. Newer Canadian investors should resist the busy interface's pull towards frequent trading — and remember that frequent trading in a TFSA can create tax problems.
Verdict
Feature-rich app for active stock and options traders; less suited to hands-off investors.
What we like
- +Advanced charting and data in a mobile app
- +TFSA and RRSP available
- +USD accounts
Watch out for
- −Busy interface
- −Promotional pricing can change
- −No forex or CFDs
How Moomoo Canada scores
Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.
Accounts, markets & platforms
- Platforms
- Mobile app, Proprietary desktop
- Markets
- Stocks · ETFs · Options
- Pricing
- Low commissions on Canadian and U.S. stocks; check current promo pricing
- CAD / USD accounts
- ✓ CAD | ✓ USD
- Registered accounts
- TFSA, RRSP
- Demo account
- Not advertised
Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.
Verify Moomoo Canada yourself
- Look for the firm on CIRO's list of dealers it regulates.
- Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
- Confirm CIPF membership in the CIPF member directory.
- Search the CSA investor alerts for the brand name and any look-alike websites.
- Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.
Moomoo Canada: frequently asked questions
Is Moomoo Canada regulated in Canada?
Yes. Canadian clients are served by Moomoo Financial Canada Inc., a registered investment dealer and member of the Canadian Investment Regulatory Organization (CIRO). You can confirm this on CIRO's list of dealers it regulates and in the CSA National Registration Search.
Is my money protected with Moomoo Canada?
Eligible accounts at CIRO dealer members are covered by the Canadian Investor Protection Fund (CIPF) if the firm becomes insolvent — generally up to $1 million per account category. CIPF does not cover trading losses.
Can I open a TFSA or RRSP with Moomoo Canada?
Yes. Moomoo Canada offers TFSA, RRSP accounts. Note that leveraged forex and CFDs can't be held in registered accounts.
Canadian trader reviews
Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.
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