Moomoo Canada Referral Code 2026: Coupons and Share Draws

The requirements listed above are taken from Moomoo Canada’s official offer terms, checked on Oct 11, 2026. Offers can change, so confirm the terms there before you apply.

A Moomoo Canada referral code is, in Moomoo’s own terms, an invitation link from an existing client, and until October 31, 2026 it adds trading coupons and extra free-share draws to a new account. YieldMaple read Moomoo’s Referral Campaign terms, its Welcome Rewards terms and its welcome page on October 8, 2026. What follows is what each deposit tier unlocks, how long the money has to sit there, what a draw is likely to be worth, and what the account costs once the promotion is over.

Moomoo Canada referral offer at a glance

Source: Moomoo Canada’s Referral Campaign terms for September 2026, as published on October 8, 2026.

What does a Moomoo Canada referral code give a new client?

A referred client gets ten $10 trading coupons ($100 in total) at a $100 net deposit, 13 free-share draws at $1,000 and 33 free-share draws in total at $8,000.

Moomoo’s wording on stacking is that tiers stack on cumulative net deposits, and each tier can be claimed once. Net deposit means total deposits minus total withdrawals during the promotion period, so a withdrawal during the campaign pulls the total back down. The thresholds are measured on the combined net deposit across your eligible accounts, which means money split between a TFSA, an RRSP and a cash account is added together.

Signing up alone, with no deposit, brings a 30-day commission rebate card and a 30-day 6% APY Cash Sweep promotional rate. Two caveats sit in the terms. On the rebate card, regulatory, exchange and other third-party fees may still apply. On the cash rate, Moomoo spells out that it is an annualized rate, so 30 days does not earn 6% of the balance.

None of it applies unless the new client goes through the right door: the terms require the referee to register and deposit through the referrer's invitation link.

Does a referral link beat Moomoo’s public welcome page?

Yes, by 3 extra draws: the first draw tier gives 13 free-share draws through an invitation link, against 10 free-stock draws on the welcome page.

Moomoo’s Welcome Rewards terms, which cover June 1 to October 31, 2026, top out at 30 free-stock draws in total for the same $8,000 net deposit. The coupons are the same on both routes. A third document, the Limited Exclusive Welcome Rewards terms dated September 1 to October 31, 2026, gives a $100 trading coupon pack (ten $10 coupons) for a deposit of $100 or more, and the same again for inviting a friend who deposits $100 or more. The welcome page’s own headline reads: deposit $100, get $200 back, plus up to 30 free stocks. Moomoo says those coupon rewards are usable together with the Welcome Bonus.

The welcome route has its own door, too: it needs registration through the promotion's own landing page. YieldMaple does not publish a personal Moomoo invitation code, so the extra draws depend on a link from someone who already holds a Moomoo Canada account.

How do the free-share draws work, and what are they worth?

Each draw hands out one randomly chosen share, and Moomoo’s own prize table puts about 92.8% of the odds on three shares it values at under CA$5 each.

Those three are Richtech Robotics (44.896% of draws, indicative value CA$2.70), Recursion Pharmaceuticals (27.863%, CA$4.76) and BigBear.ai (20.073%, CA$4.42). At the other end, one Microsoft share at CA$699.51 carries a 0.001% chance per draw.

Weighting all ten shares in the table by their probabilities gives about CA$4.77 per draw. On that basis the first tier’s 13 draws average about CA$62 and the full 33 average about CA$157. Those are averages at reference prices from August 27, 2026, not a promise: Moomoo calls the results random, with no promise about the type, number or value of shares.

The shares cannot be sold at first. A referred client’s shares land frozen, meaning not counted in the account's portfolio market value and cannot be sold, and stay frozen until average daily assets hold at the deposit tier for 30 calendar days. A dip of up to 10% is tolerated, which puts the floor at $900 for the first tier and $7,200 for the top one. Meet the test and the freeze lifts within 5 business days after the 30-day period; miss it and the shares are removed within 7 calendar days after the period ends. Unused draw chances expire 30 calendar days after they are awarded.

What are the ten trading coupons really worth?

The coupons add up to $100 of cashback only when ten separate buy orders of $100 or more are filled within 90 days.

That works out to at least $1,000 of share purchases to collect everything, because the rule is one coupon per order and coupons cover buy-to-open stock orders only. The payout is cashback equal to the coupon's face value, credited on the third trading day after the order settles. Unlike the shares, the coupons come with no lock-up and no minimum asset hold, and they need a cash or margin account.

Trading costs eat into them on any order the 30-day rebate card does not cover. The terms leave the eligible markets to the coupon’s own conditions. Moomoo’s standard fee on Canadian stocks is CA$0.0149 a share, with a CA$1.49 minimum per order, so a coupon applied to a Canadian order charged the minimum fee nets $8.51.

Who does not qualify for the Moomoo referral rewards?

Anyone who registered a moomoo account before September 1, 2026, or who signs up without an invitation link, falls outside the referee rewards.

The remaining exclusions in the terms:

• Residency and age. Referees must be new moomoo users who are Canadian residents above the age of majority.
• Insiders. Moomoo excludes employees and contractors of Moomoo Financial Canada Inc. or its affiliates, members of their household, and employees of a securities regulator or exchange.
• Repeat sign-ups. The limit is one set of referee rewards per new account, with one account per person, and separately one set of rewards per device, phone or computer.
• Self-referral. Where an account shows multiple accounts or self-referral, Moomoo may forfeit the rewards and limit future promotions.

One unusual clause: the terms include a no-deposit mail-in entry, limited to one mail-in request per person, worth 10 draw chances, with no 30-day lock-up on shares won.

When are the Moomoo referral rewards paid?

Coupons are issued generally within 2 business days of a qualifying deposit, drawn shares reach the account in 5–7 business days, and Moomoo allows up to 15 business days overall.

Before any of that, the account has to exist. Moomoo asks for a Canadian residential address, a phone number and a Social Insurance Number (SIN), and says a trading account is opened typically within 2 business days when nothing further is needed. Deposits are processed within one to three working days, per Moomoo’s welcome page, and the campaign closes at 11:59 p.m. ET on October 31, 2026, so the last few days of October leave little margin.

Tax is the client’s job: on Moomoo’s terms, responsibility for any taxes rests with the client, including on coupon cashback and free shares.

What a Moomoo Canada account costs after the promotion

Moomoo lists $0 account fees, so the ongoing cost is per trade rather than per month. Canadian stocks and ETFs cost CA$0.0149 a share, with a CA$1.49 minimum per order, and US stocks and ETFs cost US$0.0099 a share, with a US$1.99 minimum per order. Currency conversion carries a 0% fee, plus an unpublished spread.

The promotional cash rate does not last. Moomoo’s standing Cash Sweep terms pay 6% a year on the first $10,000 of uninvested cash, for Moomoo Engine members only (0% for non-members), and Engine membership is priced at $49.90 a month or $499 a year, plus tax.

Leaving has a price as well. Withdrawals are free by EFT (usually 5 business days); $50 by wire (usually 4 business days), and moving the account to another broker costs $75 for a full transfer out and $50 for a partial one, charged per currency, plus sales tax. Accounts on offer are individual margin, individual cash, TFSA, RRSP and spousal RRSP accounts. The full fee breakdown is in the Moomoo Canada review, and regulation and CIPF coverage are covered in whether Moomoo is safe in Canada.

Moomoo referral offer vs the Wealthsimple referral bonus

The two offers are built differently. Wealthsimple’s personal referral pays $25 in cash on a deposit of $100 made within 30 days. It is paid within 24 hours of the qualifying deposit being processed, into a Wealthsimple Chequing account (you need one to receive it), and has to stay for 180 days.

Moomoo pays no fixed cash at the same $100 deposit: the coupons there turn into money only through trades. Its share draws start at $1,000, ten times the Wealthsimple minimum, but the hold is 30 calendar days rather than 180 days.

Costs after the bonus pull the other way for some investors. Wealthsimple charges $0 commission on listed stocks and ETFs but 1.5% on US trades from a Canadian-dollar account, while Moomoo charges a per-order fee and a 0% fee, plus an unpublished spread on conversion. The current Wealthsimple bonus and promo terms and the Wealthsimple vs Moomoo comparison go through both sides, and our complete Wealthsimple guide covers the rest of that platform.

Who the Moomoo referral offer fits

• A fit: someone already planning to place at least ten stock purchases of $100 or more in the next 90 days, since that is what turns the coupons into cashback.
• A fit: someone with $1,000 or $8,000 that can stay put for 30 calendar days and who treats the drawn shares as a small extra.
• Less of a fit: someone looking for a fixed cash amount on a small deposit, which is how the Wealthsimple referral works.
• Less of a fit: someone likely to withdraw during the hold, because a balance under the tier’s floor costs the shares.

Other brokers and their fees are compared in the online brokerage comparison for Canada. This page is general education, not financial advice.