Fund Awards 2023 | Wealth & Finance 13. Aug23097 Best Global Investments App 2023: Moomoo In 2022, Singapore achieved its highest fintech funding in three years which means we have seen a magnificent increase in pivotal moments for investors around the world. Now, in 2023, we celebrate Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) as it continues to alter and enhance our experience with financial services such as market data, news, and analytical tools for the future of investments. Changing the scenery within the world of financial technology, Moomoo Singapore has adapted its services to aid anyone wishing to invest. Hosting products which, at one time, were only available to high net worth, and ultra-high net worth, individuals and institutional investors, Moomoo Singapore has solutions for everyone. The team behind Moomoo Singapore are on a mission to make investing easy, manageable, and, most importantly, inclusive. By connecting investors, companies, and institutions, no matter who and where they are, moomoo’s innovative technology creates a world where everyone can feel confident and empowered. It is perhaps unsurprising that moomoo is the number one downloaded app in Singapore. “Tech is at the core of everything we do. We firmly believe in the power of financial technology in transforming the investment landscape, and we invest heavily in our tech capabilities to ensure that we are able to provide our clients with the best tools to help them succeed in their investment journeys,” Gavin Chia, CEO of Moomoo Singapore, said. Moomoo’s proprietary application has a number of useful features which enable it to shape the world we live in today – transforming the fintech space entirely. “Moomoo’s industrial chain feature helps investors gain an intuitive and comprehensive understanding of the upstream and downstream industries by mapping the industrial chains of HK stocks, US stocks, and A-shares with our knowledge mapping algorithm. “This feature now covers 16 popular industries, including new energy vehicles, semiconductors, pharmaceuticals, photovoltaics, and more. Users can identify specific stock opportunities within their chosen area of investment; for example, to invest along the ChatGPT theme, users can select it in the app to receive a list of related stocks like Apple, Nvidia, TSMC, and ASML.” Tech disruption Moomoo’s ability to disrupt what we consider to be the ‘norm’ ensures investors, institutions, and companies each experience the best outcome. Of course, with the rise in AI technology throughout many industries, fintech is no different. Impressively, the moomoo app contains more than 100 advanced stock screening indicators, which makes it the most comprehensive stock screener on the market with low latency and real-time calculations. This function generates accurate and real-time results after overlaying multiple complex conditions, whereas traditional software can require up to two minutes to download a data package and achieve local computing. It’s time to harness the power of AI in all its glory. Using moomoo’s app, users can create automated trading strategies by setting a predefined series of parameters. This means that, when their price target is hit, the application will automatically notify them. As well as this, they can track the stocks held by their favourite institutions, like Berkshire, Soros, or Ark Investment, and mimic the movements of the trading strategies they employ. In the same vein, with moomoo’s AI-powered market monitor, users can be sure that they can monitor all of their stocks, in three major markets, efficiently and with clarity. This way, investors need not do anything manually – all they need to do is sit back and relax as moomoo’s technology does it for them. This is the ultimate tool for the greatest peace of mind. Its many patented charting tools ensure that investments may be monitored and tracked easily using over 38 drawing tools and more than 60 technical indicators, which translate movement of value and investment opportunities, and, with real-time data refreshing every 0.03 seconds, moomoo’s tools are second to none. Achieving financial resilience The firm is set on its mission to empower people and stays true to this throughout all of its endeavours. Moomoo would like everyone to have the chance to “achieve financial resilience.” It recently commissioned a survey by the Singapore Institute of Technology to find out if Singaporean investors are financially resilient. The results were sobering – just 8.3% of retail investors polled said they used advanced financial technology as an essential part of their investment process. That is despite the majority finding the use of technology useful in their investment process. “Technology is a game changer for investors, as it levels the playing ground regardless of one’s experience level. Our platform offers a wide variety of analytical tools, such as stock screener, technical analysis and more, and we will continue to empower our clients through highlighting the benefits of utilizing these tech-driven features in their investment journey,” Chia said. Moomoo’s tireless work pushes the boundaries of what we know with regards to investment tools around the world. Moving with the times, moomoo’s easy, convenient, and intelligent solutions help investors to make the right decisions. By utilising AI-powered technology and Big Data, moomoo has established itself as a leader in the industry. It is steering a movement across the financial sector, all stemming from its pioneering platform. As a result of its outstanding features, the moomoo app has been named Best Global Investments App 2023 as part of this year’s prestigious Global Business Awards. We are delighted to congratulate Moomoo Singapore on this exceptional achievement and look forward to seeing what it goes on to accomplish in the years to come. Contact: [email protected] Company: Moomoo Financial Singapore Pte. Ltd. Web Address: www.moomoo.com “Moomoo Singapore’s flagship event MooFest 2023 attracted more than 1,000 investors, and 20 industry partners who touched on diverse topics such as market outlook, investment strategies and opportunities in Asia.”
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