Moomoo Review 2026: Is It Legit?
Futu subsidiary, Moomoo US, recently announced that it has obtained the necessary clearance to offer prediction markets on its existing trading site. At the time of writing there are no event contracts available, but they are coming.
Although we can’t bring you exact details of the prediction markets Moomoo will offer, we can tell you where things stand right now, and provide an outline of what we expect to find following the official launch. We’ll be keeping this guide updated with the latest info as it comes out.
- Well-established trading platform
- Retail traders welcomed
- Strong social community
- No official launch date yet
What Moomoo offers now and what will change
Moomoo is a trading platform which is owned by the fintech giant Futu Holdings. It has been in operation since 2018 offering stocks, options and ETFs. In its current form, Moomoo is registered with the SEC (Securities and Exchange Commission) and is a member of FINRA (Financial Industry Regulatory Authority).
The brand already has appeal for retail investors thanks to its accessible trading simulator and the Moo Community, which is effectively Moomoo’s private social network. Given that overview, it makes perfect sense for Moomoo to branch out into prediction markets.
As things stand, Moomoo has already gained approval from the CTFC to operate as a Future Commissions Merchant (FCM) which means that it will begin including event contracts on its site anytime soon.
Will Moomoo offer a sign up bonus for prediction markets?
If you check out Moomoo’s existing trading platform, you will see that it does offer a bonus to new traders already. But the current trading opportunities on the site are a lot different from prediction markets.
As things stand, although it’s possible there will be a Moomoo bonus, or some sort of incentive for those interested in trading event contracts, it’s unlikely. We say this because most other prediction trading platforms have chosen not to offer welcome bonuses during their launch.
How Moomoo is likely to present prediction markets
We took a good look around Moomoo’s website, and it is beautifully presented. It has a logical top menu, with links taking you to individual features or relevant parts of the site.
The remainder of the homepage is dedicated to snapshots of the trading opportunities you’ll find currently, and it finishes up with some blog-style articles potential traders may find useful.
It’s clear that Moomoo pays attention to detail and keeps everything neat and logical. Based on that we’d imagine Moomoo will simply blend prediction markets into the site with its own menu tab and links, plus a brief overview added to the existing content lower down.
Will prediction markets be available on the Moomoo app?
We would be very surprised if Moomoo doesn’t add event contracts on its existing iOS and Android apps, although that could potentially happen a bit later. But if there is a delay on that side of things, you would still be able to use the mobile-optimized version of the brand’s website instead.
What about individual event contracts?
Although we can’t provide you with a full prediction market review right now, there are two things that stand out at Moomoo, which we expect to see in use. Firstly, Moomoo is very data-driven, so we’d expect to see that level of detail transferred to each event contract.
We’re thinking along the lines of a live customizable graph, context for each prediction market, plus links to resolution sources and an extended Rules document. However, the thing we are most excited to find out about is whether prediction markets will be included in the Moo Community, which could mean a live chat for every event contract.
The burning question
We are all on tenterhooks waiting for Moomoo to announce a firm launch date for its prediction markets, and most importantly, to find out what event contracts will be available to trade.
However, based on the trading products Moomoo already offers, the hints the brand dropped in its press announcement earlier in this month, and the prediction market categories offered by similar sites, we’ll go with an educated guess.
Moomoo specifically mentioned these three examples, which between them account for Economics, Sport, and Politics:
- “Macronomic Insights”
- “Sports Expectations”
- “Geopolitical Analysis”
We already know that Moomoo offers crypto trading so there’s a fair chance that it will include crypto events contracts in its line up. Possibly even 5 or 15 minute markets, due to their increasing popularity.
Another thing to consider is that Moomoo already has a huge following of retail traders, and provides a good deal of social features on its site, like the Task Centre and the Moo Community. Again it follows that the brand might be keen to offer event contracts like Climate and Culture, which tend to attract the retail crowd.
Where will Moomoo’s prediction markets be available?
At the time of writing, prediction markets are available in all 50 US states and anyone who is at least 18 years old is permitted to trade event contracts. Based on this we expect Moomoo to follow suit. However, regulations are shifting, and Moomoo may choose not to offer its services in some US states. Other reputable brands in the industry have already started adding state restrictions, so this wouldn’t be unprecedented.
Customer support at Moomoo
One thing we can tell you about is Moomoo’s customer support options, which are superb.
- Email - technically 24/7, but replies can take up to two business days
- Customer Service Hotline - the phone line is manned from 08.30 to 16.30 EST every day
- Live chat - Available 24/7
We can’t see anything changing in terms of accessibility or availability when prediction markets go live on the site.
Self-help options
When you click on the ‘Support’ tab, you’ll go to Moomoo’s Help Center page. From there you can use the search bar if you have a topic in mind, or you can explore the FAQs.
The latter is divided into 11 categories covering every aspect of trading on the site and how each product works. We fully expect that event contracts will soon be added to make it a round 12.
Below those you will see a resource called the Moomoo Manual, with the byline “An intuitive quick start guide”. Click on the book icon and you’ll soon see that it provides clear guidelines that even complete beginners will understand.
There are multiple parts to each of the eight sections that provide precise instructions for everything from signing up, to using the trading simulator. Again, these are all designed for regular trading on the site, but Moomoo may expand these with prediction markets resources when they launch the new service.
Will Moomoo add new payment options?
Moomoo only offers ACH bank transfer or bank wire for deposits and withdrawals. Not only that, unless you download the brand’s app, you’re restricted to wire transfer only, meaning that transactions can take up to five business days. You should expect to find the same payment methods available when Moomoo launches its prediction market, though seeing additional options added would be nice.
We hope event contracts will be added to a loyalty scheme
It’s possible that the ‘Moomoo Membership Program’ will be extended to include prediction markets in due course. The current version ranks traders as V1, V2, or V3 based on their trading achievements and assets held. Rewards include access to advanced tools and data, instant deposits, and enhanced APY percentages.
The other alternative Moomoo might consider is to extend its ‘Moo Points’ system. As it stands now, this part of the site is far less robust than the membership ranks we just discussed. Currently, traders can access an area called the ‘Task Center’ where they are presented with a list of daily tasks.
The tasks you are set depends on whether you are new or established, but the principle remains the same, when you complete a task, you are awarded Moo Points. When you’ve collected enough you can exchange them for merchandise, stocks, or on-site trading vouchers in the Rewards Store. We think this option could work perfectly for event contracts.
We can’t wait for prediction markets to arrive at Moomoo
If you were hoping to start trading predictions on Moomoo today, having to wait is disappointing. However, there is every indication that the brand will be offering event contracts in the very near future. And we’re looking forward to seeing what they’ll offer.
Moomoo mentioned a few possibilities in a press release earlier this month, so it’s highly likely we’ll see prediction market categories for politics, economics and sports based on that.
As the brand already offers traditional crypto trading, logic suggests that crypto event contracts would fit in nicely too. But for now, all we can do is wait, and hope that it won’t be too long. If you’re curious, you can use the links on this page to visit Moomoo today. It gives you a chance to get familiar with the brand while you wait for the site to start offering predictions markets.