Moomoo
Zero-commission stock trading backed by tier-1 regulation from the SEC, ASIC, and MAS.
- Min deposit
- $0
- Max leverage
- 1:4
- Spread from
- 0 pips
- Regulators
- SEC, ASIC, MAS
Moomoo and ActivTrades take very different approaches to online trading — one focused on low-cost stock investing, the other on multi-asset leverage. Here's how they stack up on fees, regulation, platforms, and more.
Zero-commission stock trading backed by tier-1 regulation from the SEC, ASIC, and MAS.
A veteran multi-asset broker offering high leverage and deep market access across forex, crypto, and commodities.
Core features compared head-to-head.
| Feature | M Moomoo | A ActivTrades |
|---|---|---|
| Overview | ||
| Rating | 3.7 / 5 | 3.6 / 5 |
| Founded | 2018 | 2001 |
| Headquarters | Palo Alto, USA | London, UK |
| Regulation | SEC, ASIC, MAS | FCA, CySEC |
| Fees & Limits | ||
| Min Deposit | $0 | $0 |
| Spreads From | 0 pips | 0.5 pips |
| Commission | None | None |
| Max Leverage | 1:4 | 1:400 |
| Platforms & Markets | ||
| Trading Platforms | Proprietary Web, Proprietary Mobile | MT4, MT5, Proprietary Web |
| Markets Offered | Stocks, Indices | Forex, Cfd, Stocks, Indices, Commodities, Crypto |
Moomoo
$0
ActivTrades
$0
Moomoo
0 pips
ActivTrades
0.5 pips
Moomoo
None
ActivTrades
None
Moomoo
None
ActivTrades
None
Moomoo
None
ActivTrades
None
Moomoo edges out ActivTrades overall, scoring 3.7/5 versus 3.6/5 on our independent rating system, thanks to tighter spreads, a $0 minimum deposit, and stronger tier-1 regulatory coverage from the SEC, ASIC, and MAS. ActivTrades still holds a strong appeal for experienced multi-asset traders who want higher leverage, MT4/MT5 support, and access to forex, crypto, and commodities markets.
Moomoo holds licences from three tier-1 regulators: the SEC, ASIC, and MAS, giving it broad oversight across the US, Australian, and Singaporean markets. This multi-jurisdictional coverage gives traders added confidence that client funds and trading practices are held to strict standards.
ActivTrades, by comparison, is regulated by the FCA and CySEC — both well-respected regulators, but fewer in total number. For traders who prioritize maximum regulatory redundancy, Moomoo currently has the stronger position, though ActivTrades' FCA licence remains one of the most rigorous in the industry.
Cost is one of the clearest differentiators in this matchup. Moomoo advertises spreads from 0 pips with no commission on supported trades, while ActivTrades starts from 0.5 pips. Neither broker charges deposit or withdrawal fees, so ongoing account maintenance costs are effectively equal.
For high-frequency or cost-sensitive traders, Moomoo's tighter spread structure could translate into meaningful savings over time, particularly for those trading larger volumes or holding frequent short-term positions.
Moomoo relies exclusively on its own proprietary web and mobile platforms, designed with a clean, beginner-friendly interface tailored to stock and index trading. It's a streamlined experience, but it lacks the flexibility of industry-standard third-party platforms.
ActivTrades takes a more traditional route, offering MT4, MT5, and its own proprietary web platform. This gives traders access to advanced charting, automated expert advisors, and a platform ecosystem widely trusted by forex and CFD traders worldwide.
ActivTrades offers considerably more market breadth, covering forex, CFDs, stocks, indices, commodities, and crypto — six categories in total. Moomoo, in contrast, focuses narrowly on stocks and indices, making it less suited to traders wanting diversified multi-asset exposure.
Leverage also favors ActivTrades significantly, with a maximum of 1:400 compared to Moomoo's conservative 1:4 cap. This makes ActivTrades the go-to option for experienced traders looking to amplify exposure, while Moomoo suits those preferring a lower-risk, equity-focused approach.
ActivTrades was founded in 2001 and is headquartered in London, giving it over two decades of operating history and a long-established reputation in the forex and CFD space. Moomoo, founded in 2018 and based in Palo Alto, is a newer entrant but has quickly built credibility through its tier-1 regulatory backing.
Track record matters for some traders, and ActivTrades' longevity may appeal to those who prefer brokers with a proven multi-cycle history through varying market conditions.
Moomoo is our recommended pick overall, scoring 3.7/5 versus ActivTrades's 3.6/5 on our independent rating system. Its combination of tighter spreads, zero minimum deposit, and three tier-1 regulatory licences makes it a compelling choice for cost-conscious and safety-focused investors.
That said, ActivTrades remains a strong contender for traders who need higher leverage, broader market access, or MT4/MT5 compatibility. Ultimately, the right choice comes down to whether you prioritize low-cost stock investing or multi-asset flexibility with higher leverage.
The bottom line — category winners and our final pick based on ratings.
Moomoo edges out ActivTrades overall based on our expert rating score.
Highest Rated
Moomoo
3.7 / 5 / 5
Category winners
Overall winner
Based on overall expert rating (3.7/5).
Better for beginners
Stronger onboarding and educational resources.
Lower trading costs
More competitive spreads and baseline commissions.
Stronger regulation
Higher trust based on tier-1 regulatory oversight.
Risk warning: Trading CFDs and forex involves significant risk of loss and is not suitable for all investors. Please consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.