Moomoo is now Australia's most downloaded trading app, surpassing competitors since its 2022 launch, with plans for further growth.
Quiver AI Summary
Moomoo has announced that it is now the most downloaded trading app in Australia for 2025, surpassing other platforms including long-established banks and operators. This achievement comes less than three and a half years after its launch in the local market. CEO Michael McCarthy expressed pride in this rapid success, highlighting Moomoo's unique offerings, such as advanced AI, professional trading tools, and access to a wide range of financial instruments with low fees. The platform's growth is reflected not only in downloads but also in its expanding client base and trading volume. Moomoo aims to continue its momentum and strengthen its presence in Australia and New Zealand, following similar successes in Singapore and Hong Kong.
Potential Positives
- Moomoo is now the most downloaded trading app in Australia for 2025, surpassing established competitors and marking a significant milestone for the company.
- This accomplishment underscores the rapid growth and successful market penetration of Moomoo since its launch in Australia just over three years ago.
- The platform's focus on advanced AI, professional trading tools, and low fees has contributed to an exponential increase in downloads, client numbers, and trading volume.
- Moomoo has achieved number one status not only in Australia but also in Singapore and Hong Kong, demonstrating its successful international expansion strategy.
Potential Negatives
- While achieving the most downloaded trading app status is notable, this metric does not necessarily indicate strong user retention or high engagement, which are critical for long-term success.
- The press release does not disclose any financial performance metrics or profitability, raising concerns about the sustainability of the company’s growth despite high download numbers.
- The statement about plans to "increase our activity, standing and presence" may imply that the company currently lacks sufficient market penetration or user engagement, necessitating further efforts to bolster its position.
FAQ
What is moomoo's recent achievement in Australia?
Moomoo is now the most downloaded trading app in Australia for 2025, surpassing other platforms.
How long has moomoo been available in the Australian market?
Moomoo launched in Australia just over three years ago, in 2022.
What features make moomoo different from other trading platforms?
Moomoo offers advanced AI, professional trading tools, access to 26,000 shares, low fees, and extensive customer support.
In which regions is moomoo currently ranked number one?
Moomoo holds the number one position in Australia, Singapore, and Hong Kong as the most downloaded trading platform.
What are moomoo's future plans for the Australian market?
Moomoo plans to maintain and increase its presence and activity in the Australian and New Zealand markets into 2026 and beyond.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$FUTU Hedge Fund Activity
We have seen 196 institutional investors add shares of $FUTU stock to their portfolio, and 147 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 864,905 shares (-87.4%) from their portfolio in Q2 2025, for an estimated $106,893,608
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- CAPITAL INTERNATIONAL INVESTORS added 684,271 shares (+inf%) to their portfolio in Q2 2025, for an estimated $84,569,052
- TRIVEST ADVISORS LTD removed 643,863 shares (-66.8%) from their portfolio in Q2 2025, for an estimated $79,575,028
- GOLDMAN SACHS GROUP INC added 597,712 shares (+130.2%) to their portfolio in Q2 2025, for an estimated $73,871,226
- ASPEX MANAGEMENT (HK) LTD added 591,082 shares (+21.1%) to their portfolio in Q2 2025, for an estimated $73,051,824
- RENAISSANCE TECHNOLOGIES LLC added 513,100 shares (+423.6%) to their portfolio in Q2 2025, for an estimated $63,414,029
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$FUTU Analyst Ratings
Wall Street analysts have issued reports on $FUTU in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Overweight" rating on 08/28/2025
- B of A Securities issued a "Buy" rating on 08/21/2025
- Barclays issued a "Overweight" rating on 07/17/2025
To track analyst ratings and price targets for $FUTU, check out Quiver Quantitative's $FUTU forecast page.
$FUTU Price Targets
Multiple analysts have issued price targets for $FUTU recently. We have seen 4 analysts offer price targets for $FUTU in the last 6 months, with a median target of $216.0.
Here are some recent targets:
- Katherine Lei from JP Morgan set a target price of $270.0 on 08/28/2025
- Jiong Shao from Barclays set a target price of $232.0 on 08/22/2025
- Emma Xu from B of A Securities set a target price of $200.0 on 08/21/2025
- Judy Zhang from Citigroup set a target price of $190.0 on 08/21/2025
Full Release
SYDNEY, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Moomoo now ranks as the most downloaded trading app in Australia, counting accumulated downloads for 2025.
Surpassing all other available share-trading platforms in Australia, from dedicated online operators, to established banks, is a milestone achievement for moomoo, a global trading platform that launched in the local market just over three years ago.
“To become the most downloaded trading app in Australia in a short time, against strong competitors that have operated for decades in this market, is an achievement of which we are fiercely proud,” said Moomoo Australia and New Zealand chief executive officer Michael McCarthy.
Since its launch in 2022, moomoo has focused on what makes it a different trading platform for Australians, including advanced AI and professional-level trading tools, access to more than 26,000 shares and ETFs across three world markets, low fees and extensive customer support.
That effort has seen not only downloads of the moomoo app increase exponentially in three and a half years, but the number of clients and trading volume on the platform also.
“We’re not stopping here. We not only plan to maintain our leading role, but increase our activity, standing and presence in the Australian and New Zealand markets into 2026 and beyond,” said Mr McCarthy.
Australia is the latest market where moomoo has achieved number one status as the most-downloaded trading platform, already holding that position in Singapore and Hong Kong. This year, moomoo launched in New Zealand – its eighth international market.
| App | Downloads |
| Moomoo | 193,000 |
| CommSec Mobile | 188,000 |
| Stake | 131,000 |
| Raiz | 122,000 |
| eToro | 94,700 |
About the result
‘2025 most downloaded trading app in Australia’ is determined based on total accumulated downloads from January 1, 2025 to September 30, 2025, as recorded by data.ai. Rankings may change over time and do not reflect investment performance or suitability.
About moomoo
Moomoo Australia and New Zealand is an AI-powered investment platform integrating global trading, up-to-date news, real-time market data, and an active trading community. It offers investors access to securities across the Australian, United States and Hong Kong markets. Moomoo is owned by Futu Holdings, a global fintech operation listed on the Nasdaq. It operates in eight world markets.
