What States Is Moomoo Available In?

If you've been asking if Moomoo is legal in the US, we’ve confirmed the site's availability in 0 US states. But market availability may depend on your location. For instance, elections and sports event contracts aren't available in all states.

The site didn't mention the states where sports and election markets are restricted, which is a real downer. But you’ll know when you register and don't see the event contracts. Moomoo offers a welcome bonus to trade event contracts, but terms and conditions apply. The tons of markets on the site make it suitable for prediction traders looking for variety.

Quick Facts About States Where Moomoo Is Available

• Moomoo is available in 0 US states.
• Event contract availability varies by state.
• Kalshi powers the event contracts on Moomoo.
• The site offers markets like economics, politics, crypto, climate and weather, elections, sports, financial, science and technology, and more.

Is Moomoo Available in the US?

Yes. Moomoo is available in 0 US states. But we noticed that its event contract availability varies by location. For instance, the sports and elections markets may not be accessible in some states.

Moomoo didn't mention the specific states where these event contracts are unavailable. But its customer support assured that when you sign up in those states, you won't find the event contracts. That's a bummer, as it'd have been better to see the list of states where sports and politics markets are restricted. This way, you'll know what to expect.

Simply put, prediction trading is available in 0 US states at Moomoo. But before you can start, you need to have a margin account. Cash accounts don't support trading event contracts at Moomoo.

Moomoo’s CFTC-Regulated Kalshi-Powered Event Markets

Moomoo is a prediction site that partnered with Kalshi to offer event contracts to US traders. It's regulated by the Commodity Futures Trading Commission (CFTC).

During our Moomoo prediction market review, we discovered that the site features 18 markets, including politics, economics, crypto, sports, elections, and entertainment.

Contract prices range from $0.01 to $0.99, and they indicate the event probability. For example, if a No contract is priced at $0.65, it means there's a 65% probability of the event not happening. Note that bid-ask spread, liquidity, and ongoing live orders may affect the displayed price.

If your prediction is correct, your contract will pay out $1. But if your forecast is wrong, you won't get any return ($0). Note that you can buy multiple shares or positions per contract, and each will pay out $1 if the market resolves in your favor. Like many similar prediction market sites, you can sell your contract at Moomoo before the market resolves.

Pros and Cons of Trading Event Contracts at Moomoo

We noticed some benefits and drawbacks while trading event contracts on the site. Here are a few of them:

Pros and Cons

• 18 markets to try
• Accessible in most US states
• Bonuses and promos are available

• Sports and election markets aren't available in some states

Bonuses You Can Claim After Signing Up

The prediction market brand offers the following bonuses and promos to eligible traders:

Welcome Bonus

When we signed up at the site, we received $100 in Trading Coupons (TC). But before getting this offer, we had to deposit up to $100.

We didn't receive the $100 TC at once. The prediction site offered us ten $10 TC installments. Each $10 Trading Coupon is valid for 180 days from the day it was issued.

You can only use it for one buy-to-open order of more than $100. Note that the TC is credited to your brokerage account and is only redeemable on the brand's native app. The welcome bonus is subject to change at the site’s discretion.

Referral Bonus

We also found a refer-a-friend bonus at the site. Instead of a Moomoo referral code, the prediction brand offers a link you can use to invite interested traders.

When your invitee signs up with your unique link and deposits up to $100, you get $100 TC. But if your referral deposits $2,000 or more and maintains average assets of $2,000 or more for 60 days, you'll receive $100 TC and $100 NVDA stock.

The $100 Trading Coupons are awarded in ten $10 TC installments, like the welcome bonus. Other terms and conditions apply.

Transfer Bonus

If you transfer your account from a previous brokerage, Moomoo will offer you a cash coupon. We found a 3% Match Cash Coupon offering up to $600.

The cash coupon can only be used through the Moomoo app, and cash rewards will be credited to your securities account. You can then withdraw it and use it for prediction trading, if you prefer.

Benefit with a low-cost trading fee structure

The platform is accessible on mobile and desktop

Conclusion – Moomoo Is Available in the US

Moomoo is one of the prediction sites with widespread availability. The site is currently accessible in 0 US states. But some markets may be unavailable in some states.

Moomoo didn't specify the states where you can't trade event contracts on sports and politics, which really sucks. But once you sign up in any of those states, you'll discover those markets are missing.

If you're always looking for prediction market brands with bonuses, you'll feel right at home at Moomoo. But note that these promos come with terms and conditions. Click the banners on this page to sign up and start trading available event contracts.

Moomoo Availability FAQs