Moomoo Celebrates Its Successful Global Trading Competition with Record-Breaking Returns
Moomoo has successfully wrapped up its Second Global Paper Trading Competition, which lasted six weeks and attracted more than 350,000 investors from eight different markets around the world. This competition was distinguished by its integration of Nasdaq TotalView® depth-of-market data and sophisticated AI-driven investing tools, providing participants with a risk-free trading environment. The impressive performance results from the competition highlight the growing interest in and capabilities of individual investors on this robust platform.
Among the participants, a trader from Hong Kong emerged as the outstanding global champion, boasting a staggering cumulative return rate of 7,528.1%. Following closely, a competitor from Singapore secured the second position with returns of 4,957.8%, while another Hong Kong-based trader claimed third place with an impressive return of 4,907.6%. The average return rate of the top 100 traders reached 909.88%, demonstrating the strategic mastery within Moomoo’s community.
To celebrate these remarkable achievements, Moomoo organized a series of offline award ceremonies spanning from December 6 through Christmas Eve across several countries including the United States, Singapore, Malaysia, Australia, Canada, Japan, New Zealand, and Hong Kong. These events not only aim to recognize high achievers but also to foster deeper connections within the investment community. The competitions' prize pool included a generous $200,000 in stock cash coupons, awarded to participants who completed various interactive tasks geared towards community engagement and education.
Additionally, nine standout participants were selected based on their exceptional performances and contributions to the community. Their milestones will be showcased on a dedicated sizzle reel that will be aired on the renowned Nasdaq Tower in Times Square, New York, marking a proud moment in their trading journey.
As part of their efforts to gather insights from participants, Moomoo conducted a survey involving nearly 1,700 traders. The results revealed a balanced spectrum of experience, with the majority comprising investors with 3-5 years of experience (24%), closely followed by those having over 10 years (23%). A notable 86% of respondents expressed a keen interest in U.S. stocks and options, while U.S. ETFs gained traction as a popular choice for asset diversification. In terms of analytical tools, the survey highlighted that 64% of traders relied on basic analysis tools like charts and news updates. However, there is a notable trend towards advanced AI tools, as 39% of those surveyed reported utilizing Moomoo AI for richer market insights.
Neil McDonald, CEO of Moomoo US, expressed immense gratitude towards the participants, stating, "The overwhelming response to our Second Global Paper Trading Competition exceeded our expectations. It showcases the talent and enthusiasm of our global investor community, which reinforces our mission to make investing more accessible and engaging. We strive to empower investors of all experience levels to practice trading and refine their strategies within our enriched platform."
Brandon Tepper, Senior Vice President of Global Data Business at Nasdaq, remarked, "We take pride in supporting the competition with Nasdaq TotalView® data, which brings institutional-quality insights to retail investors worldwide. Congratulations to all participants for their impressive achievements. We encourage everyone to participate in future competitions to experience how quality data can inform smarter investment decisions."
Moomoo is a premier investment and trading platform designed to empower global investors with essential tools, insights, and user-friendly data to facilitate informed investment decisions. Since its inception in the U.S., Moomoo has significantly expanded its reach and is now trusted by over 27 million investors worldwide, recognized for its innovative approach and operational excellence. To discover more, visit Moomoo's official website at www.moomoo.com. Note: The Paper Trading feature is intended for educational purposes and simulates trading with virtual funds based on live market data, making it clear that virtual performance does not guarantee success in real trading environments.
Among the participants, a trader from Hong Kong emerged as the outstanding global champion, boasting a staggering cumulative return rate of 7,528.1%. Following closely, a competitor from Singapore secured the second position with returns of 4,957.8%, while another Hong Kong-based trader claimed third place with an impressive return of 4,907.6%. The average return rate of the top 100 traders reached 909.88%, demonstrating the strategic mastery within Moomoo’s community.
To celebrate these remarkable achievements, Moomoo organized a series of offline award ceremonies spanning from December 6 through Christmas Eve across several countries including the United States, Singapore, Malaysia, Australia, Canada, Japan, New Zealand, and Hong Kong. These events not only aim to recognize high achievers but also to foster deeper connections within the investment community. The competitions' prize pool included a generous $200,000 in stock cash coupons, awarded to participants who completed various interactive tasks geared towards community engagement and education.
Additionally, nine standout participants were selected based on their exceptional performances and contributions to the community. Their milestones will be showcased on a dedicated sizzle reel that will be aired on the renowned Nasdaq Tower in Times Square, New York, marking a proud moment in their trading journey.
As part of their efforts to gather insights from participants, Moomoo conducted a survey involving nearly 1,700 traders. The results revealed a balanced spectrum of experience, with the majority comprising investors with 3-5 years of experience (24%), closely followed by those having over 10 years (23%). A notable 86% of respondents expressed a keen interest in U.S. stocks and options, while U.S. ETFs gained traction as a popular choice for asset diversification. In terms of analytical tools, the survey highlighted that 64% of traders relied on basic analysis tools like charts and news updates. However, there is a notable trend towards advanced AI tools, as 39% of those surveyed reported utilizing Moomoo AI for richer market insights.
Neil McDonald, CEO of Moomoo US, expressed immense gratitude towards the participants, stating, "The overwhelming response to our Second Global Paper Trading Competition exceeded our expectations. It showcases the talent and enthusiasm of our global investor community, which reinforces our mission to make investing more accessible and engaging. We strive to empower investors of all experience levels to practice trading and refine their strategies within our enriched platform."
Brandon Tepper, Senior Vice President of Global Data Business at Nasdaq, remarked, "We take pride in supporting the competition with Nasdaq TotalView® data, which brings institutional-quality insights to retail investors worldwide. Congratulations to all participants for their impressive achievements. We encourage everyone to participate in future competitions to experience how quality data can inform smarter investment decisions."
Moomoo is a premier investment and trading platform designed to empower global investors with essential tools, insights, and user-friendly data to facilitate informed investment decisions. Since its inception in the U.S., Moomoo has significantly expanded its reach and is now trusted by over 27 million investors worldwide, recognized for its innovative approach and operational excellence. To discover more, visit Moomoo's official website at www.moomoo.com. Note: The Paper Trading feature is intended for educational purposes and simulates trading with virtual funds based on live market data, making it clear that virtual performance does not guarantee success in real trading environments.
Topics Financial Services & Investing）
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