moomoo New CDP Feature Explained: Fees, Setup, and Hidden Tips

moomoo CDP Trading: How to Buy and Sell SGX Stocks Through Your CDP Account

moomoo has just launched one of the highly requested features in Singapore — the ability to buy and sell SGX stocks directly through your CDP account.

This means your shares can now be held safely under your own name in CDP, instead of sitting inside a custodian account. For many Singaporean investors, this is a very big deal.

This guide covers everything you need to know:

- What the CDP feature is and how it works

- What the fees are and how they compare with other brokers

- How to link your CDP account to moomoo

- How to buy and sell through CDP

- Useful tips along the way

What Is moomoo's CDP Trading Feature?

The Old Way (Custodian Account)

In the past, whenever you bought Singapore stocks on moomoo, the shares were held under moomoo's name on your behalf. While that allowed you to enjoy low fees, the downsides were obvious:

- You do not get your voting rights directly

- You cannot view all your SGX holdings in one place across all brokers

- You cannot easily attend company AGMs to enjoy the free meal

For many Singaporean investors, these CDP privileges aren't just an administrative detail — they're part of the overall investing experience.

The New Way (CDP Account)

With this new update, moomoo finally solves that problem. You can now buy and sell SGX stocks directly through your CDP account, with shares deposited under your own name — just like how it works with traditional bank brokers.

Benefits of CDP Trading on moomoo

- Full legal title — Shares held under your own name

- Direct corporate action notifications — Receive dividends and rights issues directly

- Consolidated portfolio visibility — Manage all your CDP shares under one account

- AGM access — Attend shareholder meetings and enjoy perks

Plus, you still get everything that makes moomoo attractive:

- Clean interface

- Fast execution

- Powerful charting tools

- Research features that outperform most legacy brokers

moomoo CDP Trading Fees

For SGX trades executed through CDP, moomoo charges:

- Commission: 0.22% of trade value

- Minimum fee: S$9.98 per trade

- Plus standard SGX clearing and trading fees

How moomoo Compares to Other Brokers

moomoo CDP pricing is:

- Roughly in line with other low-cost brokers offering CDP access

- Significantly cheaper than traditional bank brokers (which charge S$25 to S$40 minimum per trade)

That difference in minimum fees alone can easily eat into your returns, especially if you invest in smaller amounts each time.

CDP Feature Comparison

- Tiger Brokers — Currently only supports selling from CDP

- moomoo — Supports both buying and selling directly through CDP

- FSMOne — Does not allow direct CDP buying, but lets you transfer shares to CDP at no cost

FSMOne Fee Advantage

FSMOne still offers some of the lowest fees in the market:

- CDP stock trades: Flat S$8.80

- ETF trades: S$3.80

- Regular Savings Plan for ETFs: Free

FSMOne is one of the most cost-efficient platforms for those who prioritise low fees above everything else.

Why Choose moomoo?

Where moomoo stands out is the overall trading experience:

- Real-time market depth — See live order book data

- Company research tools — Financials, earnings reports, valuation metrics, analyst ratings

- moomoo AI assistant — Summarises market movements and highlights opportunities

- Community section — Insights and commentary from other investors

- Welcome rewards and promotions — Generous seasonal events and bonuses

Choosing a broker isn't just about chasing the lowest minimum fee — it's also about the tools and experience you get along with it.

How to Deposit and Transfer Funds

Depositing Funds

1. Go to the Accounts tab

2. Tap Deposit

3. Select the Securities account

4. Choose SGD

5. Follow the steps to complete the deposit

Pro Tip: Maximise Welcome Rewards

Before depositing, check how much you need to deposit to qualify for welcome rewards. Promotions change from time to time, so always check for the latest details.

Example at time of recording: Depositing at least SGD5,000 through a referral link gets you free Nvidia shares and trading cash coupons.

Transferring Funds to CDP Account

After depositing, wait a few minutes for funds to appear. Then:

1. Go to the Accounts tab

2. Tap Transfers

3. Tap Cash Transfer

4. Choose SGD

5. For Transfer Out — Select either Cash balance or Cash Plus balance under Securities

6. For Transfer In — Choose CDP Account

7. Enter the amount to transfer

8. Tap Submit

To confirm, tap on your Account at the top — your CDP Account should now show the funded amount.

How to Buy SGX Stocks Through CDP

Step-by-Step Instructions

1. Open the SGX stock you want to buy

2. Tap Trade

3. Tap Buy

4. Make sure CDP account is selected at the top

5. Enter your order type, quantity, and price

6. Submit your order

Buying Odd Lots (Fewer Than 100 Shares)

SGX stocks typically trade in board lots of 100 shares, which can be limiting if you prefer smaller investments.

To buy fewer than 100 shares:

1. Switch your order type to Odd Lot Order

2. Enter your desired quantity

Important: Odd lot trades usually have:

- Lower liquidity

- Wider bid-ask spread

- Orders may take longer to fill

Checking Your Orders

- View filled orders in the History tab

- Or go to Accounts tab → CDP Account → Orders section

Viewing Your CDP Holdings

Important: You will not be able to see your actual CDP holdings inside moomoo.

To view your full CDP portfolio:

1. Log in to the SGX Investor Portal

2. Open the Portfolio tab

3. All your SGX positions are displayed there

How to Sell SGX Stocks Through CDP

Important: Settlement Rules

Before placing a sell order, make sure your shares are already settled in your CDP account.

- CDP trades require full settlement

- When you buy or sell a stock, settlement happens two business days later (T+2)

Penalties for Failed Delivery

If you sell before your shares have settled, or sell more than you own, SGX treats this as a failed delivery and you will face:

- Penalty: S$1,000 or 5% of trade value (whichever is higher)

- Fee: S$75 per failed contract

- Additional charge: 0.75% brokerage on top of usual fees

Always make sure the shares are already in CDP before selling!

Step-by-Step Instructions

1. Open the stock you want to sell

2. Tap Trade

3. Switch to Sell

4. Select the CDP account

5. Enter your order details

6. Double-check you're on the Sell button (not Buy!)

7. Submit your order

Pro tip: Don't accidentally tap Buy and end up buying more shares!

Summary

What's New

- moomoo now supports buying and selling SGX stocks directly through your CDP account

- Shares are held under your own name with full legal title

- You get voting rights, AGM access, and consolidated portfolio visibility

Fees

- Commission: 0.22% of trade value

- Minimum: S$9.98 per trade

- Significantly cheaper than traditional bank brokers (S$25-S$40 minimum)

How to Get Started

1. Link CDP — Accounts → All → Open Account → Link CDP Account

2. Find CDP number — SGX Investor Portal (7-digit number starting with 1681)

3. Deposit funds — Accounts → Deposit → Securities → SGD

4. Transfer to CDP — Accounts → Transfers → Cash Transfer → CDP Account

5. Buy/Sell — Select CDP account when placing orders

Key Tips

- Use Odd Lot Order to buy fewer than 100 shares

- Wait for T+2 settlement before selling

- View CDP holdings on SGX Investor Portal (not in moomoo app)

- Check welcome rewards before your first deposit

Broker Comparison

- moomoo — Buy and sell through CDP, great tools and interface

- Tiger Brokers — Sell from CDP only

- FSMOne — Lowest fees (S$8.80 stocks, S$3.80 ETFs), free transfer to CDP

Information accurate as of recording date. Fees and promotions may change.