A new trading app has just landed in New Zealand, promising to open up global markets to local investors—without the usual high costs.

The platform, moomoo, originally founded in Silicon Valley in 2018, now boasts over 25 million users worldwide.

Its New Zealand launch follows major success in Australia, where it quickly became the most downloaded online broker app.

For Kiwi investors, it means access to over 22,000 shares and ETFs across the US, Australia, and Hong Kong.

Of those, more than 15,000 US stocks and ETFs are available for just US$0.99 (about NZ$1.66) per trade.

What makes moomoo different is its built-in learning tools and global online community, where users—from complete beginners to seasoned traders—can share strategies, insights, and market tips.

It also offers around-the-clock access to US markets, making it easier for New Zealanders to trade in real time without worrying about time zone differences.

Michael McCarthy, CEO for Australia and New Zealand, says the app is designed to break down barriers and help investors gain confidence in navigating international markets.

From AI-powered tools to real-time data and expert news feeds, moomoo aims to make complex investing feel approachable.

New users can enjoy 30 days of zero-commission trading on US and Australian shares and even earn free stocks with qualifying deposits.

The app also supports options trading and dividend reinvestment plans for US stocks, offering greater flexibility for building long-term portfolios.

Many Coasties are looking for smarter ways to grow their savings—especially as traditional investments feel out of reach.

With moomoo’s low entry costs and built-in education, it could be a great stepping stone for locals keen to dip their toes into the world of global investing.

For anyone curious about US markets but unsure where to start, this might just be the simplest way in.

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