Halo Technologies vs moomoo
The biggest practical difference between Halo Technologies and moomoo is the fee structure. Halo charges a hefty $159/month platform fee ($2,508/year) plus $15 minimum ASX brokerage, while moomoo has zero platform fees and just $3 minimum ASX brokerage. That monthly fee alone makes Halo a non-starter for most everyday investors — it's really built for high-net-worth portfolios where the flat fee becomes negligible relative to assets.
- ›You manage a portfolio large enough that the $159/month platform fee is a rounding error (think $500k+)
- ›You want access to 30+ global exchanges including UK, Europe, Japan and Asia Pacific — not just AU, US and HK
- ›You need trust, company or SMSF account structures alongside individual and joint accounts
- ›You want managed fund investing alongside direct shares and ETFs on one platform
- ›You want to keep costs low — zero monthly fees and ASX brokerage from just $3 per trade
- ›You trade US stocks actively and want US brokerage from $0.99/trade with tight FX spreads
- ›You want CHESS-sponsored ownership with your own HIN, not a custodian arrangement
- ›You value research tools, real-time market data and video education — all included for free
- ›You want to trade options or use conditional orders and after-hours trading
Where they differ
| Fact | Halo Technologies | moomoo |
|---|---|---|
| Monthly platform fee | $159/month | $0/month |
| ASX minimum brokerage | $15 | $3 |
| CHESS sponsorship | Custodian (no individual HIN) | CHESS-sponsored (individual HIN) |
| Global markets | 30+ exchanges (US, UK, Europe, Japan, Asia Pacific) | AU, US and Hong Kong only |
| Free real-time data & research | Not free ($19/month market data fee) | Included free |
Choose Halo only if you have a very large portfolio and need global exchange access; otherwise moomoo wins on cost, CHESS ownership and features.
Common questions
How do Halo Technologies and moomoo compare on monthly platform fee?
Halo Technologies: $159/month. moomoo: $0/month. Halo's fee is a dealbreaker for smaller portfolios; moomoo charges nothing.
How do Halo Technologies and moomoo compare on asx minimum brokerage?
Halo Technologies: $15. moomoo: $3. Moomoo is 5x cheaper on small ASX trades.
How do Halo Technologies and moomoo compare on chess sponsorship?
Halo Technologies: Custodian (no individual HIN). moomoo: CHESS-sponsored (individual HIN). Moomoo gives you direct ASX ownership; Halo holds shares on your behalf.
When is Halo Technologies the better choice over moomoo?
Pick Halo Technologies if you manage a portfolio large enough that the $159/month platform fee is a rounding error (think $500k+); you want access to 30+ global exchanges including UK, Europe, Japan and Asia Pacific — not just AU, US and HK; you need trust, company or SMSF account structures alongside individual and joint accounts; or you want managed fund investing alongside direct shares and ETFs on one platform.
When is moomoo the better choice over Halo Technologies?
Pick moomoo if you want to keep costs low — zero monthly fees and ASX brokerage from just $3 per trade; you trade US stocks actively and want US brokerage from $0.99/trade with tight FX spreads; you want CHESS-sponsored ownership with your own HIN, not a custodian arrangement; or you value research tools, real-time market data and video education — all included for free.
Halo Technologies or moomoo — what's the verdict?
Choose Halo only if you have a very large portfolio and need global exchange access; otherwise moomoo wins on cost, CHESS ownership and features.
Punch in your trade size and frequency. We'll do the full brokerage + FX + fees maths.
All data points side-by-side
Every verified fact for both platforms. Differences are highlighted.
| Field | Halo Technologies | moomoo |
|---|---|---|
| account structure | ||
| CHESS sponsorship model | custodian | chess |
| Individual HIN | No | Yes |
| Individual account | Yes | Yes |
| Joint account | Yes | No |
| Company account | Yes | Yes |
| Trust account | Yes | Yes |
| SMSF account | Yes | Yes |
| asset coverage | ||
| ASX shares supported | Yes | Yes |
| ASX ETFs supported | Yes | Yes |
| US shares supported | Yes | Yes |
| US ETFs supported | Yes | Yes |
| Other markets supported | US (NASDAQ, NYSE), UK, Europe, Japan (NIKKEI), Asia Pacific, 30 exchanges total | Hong Kong |
| Fractional shares (ASX) | No | No |
| Fractional shares (US) | Yes | Yes |
| Options trading | — | Yes |
| CFDs supported | No | No |
| Managed funds | Yes | No |
| Bonds supported | — | No |
| IPO access | — | No |
| costs hidden | ||
| FX spread (AUD/USD) | 0.5% | 0.3% |
| FX spread (other currencies) | 0.5% | 0.3% |
| Holds USD account | — | Yes |
| FX currency switch trick | — | No |
| Market data fees | $19/month | $0/month |
| Conditional order fees | — | $0 |
| costs visible | ||
| ASX brokerage minimum | $15 | $3 |
| ASX brokerage percentage | 0.12% | 0.03% |
| ASX brokerage threshold | $12,500 | $10,000 |
| ASX free trade conditions | Promotional offer: $0 brokerage on trades up to $250,000 (per landing page /0-brokerage-on-trades-up-to-250000); standard FSG schedule remains $15/0.12%. Conditions not fully disclosed publicly. | No standard free trade conditions on ASX. Promotional sign-up rewards have offered free brokerage for limited periods to new clients. |
| US brokerage minimum | US$15 | US$0.99 |
| US brokerage percentage | 0.12% | 0% |
| Monthly platform fee | $159/month | $0/month |
| Annual platform fee | $2,508/year | $0/year |
| Inactivity fee | — | $0 |
| Withdrawal fee (AUD) | — | $0 |
| Off-market transfer fee | — | $55 |
| identity and trust | ||
| Legal entity name | HALO Technologies Pty Ltd (ABN 54 623 830 866); ultimately wholly owned by HALO Technologies Holdings Limited ABN 73 645 531 219 | Futu Securities (Australia) Ltd |
| AFSL number | 484,264 | 224,663 |
| Year founded | 2,017 | 2,022 |
| Parent / ownership | HALO Technologies Holdings Limited (ASX:HAL) — ultimate parent; publicly listed | Futu Holdings Ltd (NASDAQ: FUTU) |
| Country of incorporation | AU | AU |
| Public company status | public | public |
| money movement | ||
| Minimum initial deposit | — | $500 |
| Minimum subsequent purchase | — | $0 |
| Deposit methods | AUD bank transfer / direct credit (to HALO trust account) | PayID, Bank transfer (OSKO/NPP) |
| Settlement period | — | T+2 ASX; T+1 US |
| Withdrawal time | — | 1-3 business days |
| platform ux | ||
| iOS app | Yes | Yes |
| Android app | Yes | Yes |
| Desktop platform | — | Yes |
| Demo account | — | Yes |
| Free real-time market data | No | Yes |
| Free research reports | No | Yes |
| 2FA support | — | sms |
| Customer support channels | phone, email, live chat | Phone, Live chat, Email, In-app |
| Support hours (AU time) | — | 24/5 during US trading days; 9:30am-9:30pm AET weekends and holidays |
| Education content | basic articles | video + courses |
| tax and reporting | ||
| Australian tax statement | Yes | Yes |
| CGT calculator / report | — | Yes |
| Sharesight / Navexa integration | — | Yes |
| trading mechanics | ||
| Market orders | Yes | Yes |
| Limit orders | Yes | Yes |
| Stop loss orders | Yes | Yes |
| Conditional orders | — | Yes |
| Auto-invest / DCA | — | Yes |
| Auto-invest sophistication | multiple | multiple |
| DRP (dividend reinvestment) | Yes | Yes |
| After-hours / overnight trading | — | Yes |