Updated September 29, 2026 · BrokerCue Editorial Team
moomoo vs Whitebox
Where moomoo and Whitebox differ
| Compare |  moomoo |  Whitebox |
|---|---|---|
| Account fee | $0 | €0.35 to €0.95 |
| Markets | Stocks, ETFs, Options, CryptoCovers more | ETFs |
| Regulators | SIPC | Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Minimum deposit | Not confirmed | €25 |
| Stock trade fee | $0 | Not confirmed |
| Options contract fee | $0 | Not confirmed |
| Platforms | Moomoo app, Moomoo Desktop | Not confirmed |
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Key differences
- moomoo scores higher overall: 9.1 vs 8.9.
- Regulators: only moomoo offers SIPC.
- Regulators: only Whitebox offers Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin).
- Markets: only moomoo offers Stocks, Options, Crypto.
Our verdict on each
moomoo
moomoo suits retail investors who want to trade stocks, ETFs, options and crypto without paying a commission on each trade, and who are comfortable holding a US SIPC member account. Its BrokerCue score is 7.5, and the appeal rests on cost rather than on the size of the market list.
Whitebox
Whitebox is a German robo-advisor for investors who want portfolios built from ETFs and want the fee and the entry amount settled up front: a deposit of €25 and fees of 0.35% to 0.95%. It is supervised by the Bundesanstalt fuer Finanzdienstleistungsaufsicht (BaFin) with deposits covered by EU ICS up to EUR 20,000.
Score breakdown
| Area | moomoo | Whitebox |
|---|---|---|
| Cost | 9.5HigherEvery listed charge sits at $0 for stocks, $0 for options and $0 for the account. | 9.1 |
| Offer | 9.1 | 9.2Higher |
| Trust | 8.6 | 8.7Higher |
Licences and countries
| Country | moomoo | Whitebox |
|---|---|---|
| Germany | Not confirmed | |
| United States | SIPC SIPC member 69739 | Not confirmed |
How they place
| Ranking | moomoo | Whitebox |
|---|---|---|
| Stock and ETF brokers | 17 of 471 | 170 of 471 |
Side by side, item by item
| Markets | moomoo | Whitebox |
|---|---|---|
| Stocks | Yes | No |
| ETFs | Yes | Yes |
| Options | Yes | No |
| Crypto | Yes | No |
Where these facts come from
moomoo
- moomoo.com: 8 facts, checked September 26, 2026
- sipc.org: 3 facts, checked September 26, 2026
Whitebox
- whitebox.eu: 6 facts, checked September 26, 2026
- robo-advisorfinder.com: 3 facts, checked September 26, 2026
Every fact side by side
| Fact | moomoo | Whitebox |
|---|---|---|
| Features | Crypto, Demo account, Fractional shares, Options, Mobile app | Not confirmed |
| Pricing model | Commission free | Not confirmed |
| Legal entity | MOOMOO FINANCIAL INC | Whitebox GmbH |
| Headquarters | Not confirmed | Germany |
| Founded | Not confirmed | 2016 |
| Support channels | Email, Phone, Help centre | Email, Phone, Help centre |
Where each stands against the rest
| Fact | moomoo | Whitebox | Median |
|---|---|---|---|
| Minimum deposit | Not confirmed | €25above the median | €1 |
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Options contract fee | $0lowest quarter | Not confirmed | $0.625 |
Median across 91 listed brokers.
Pros and cons
moomoo
Pros
- A stock trade costs $0 and an options contract costs $0, and the pricing model is commission-free.
- The account fee is $0, so an account left open costs nothing to hold.
- crypto, demo account and fractional shares covers fractional shares, a demo account, options, crypto and a mobile app, which suits smaller sums and practice trades.
Cons
- The market list is narrower than eToro's, which covers stocks, etfs and forex, while moomoo's own list is stocks, etfs and options.
- Support runs on email, phone and help centre only, so there is no live chat listed for questions raised during a trading session.
- Protection rests on a single scheme, SIPC up to USD 500,000, and SIPC names a single body, so there is no second cover behind it.
Whitebox
Pros
- Fees of 0.35% to 0.95% sit below the robo-advisor median, which is 0.35%.
- The account opens at €25, so a small starting sum is enough to be invested.
- Portfolio types of etf, esg and cash give a standard, ESG and cash route through the same account.
Cons
- Only etfs are covered, so there are no individual shares or wider markets to trade.
- The charge is quoted as a range, 0.35% to 0.95%, so the top of that range costs more than the bottom for the same service.
- Support runs on email, phone and help centre, with no live chat among the channels.
Who each suits
moomoo
Who it suits
- Investors who want shares, ETFs, options and crypto on one commission-free account, since stocks, etfs and options covers all four.
- Smaller-sum investors who want fractional shares and a demo account, both named in crypto, demo account and fractional shares.
- Readers comfortable with a US SIPC member arrangement, given SIPC up to USD 500,000 and SIPC member 69739.
Who should look elsewhere
- Anyone who wants forex, contracts for difference, metals or futures in the same account: eToro covers stocks, etfs and forex.
- Readers who want metals alongside shares, ETFs and crypto: Vantage covers forex, cfds and stocks, while moomoo's list is stocks, etfs and options.
Whitebox
Who it suits
- Euro-area investors who want a locally regulated firm choosing and rebalancing the portfolio for them.
- First-time investors who would rather hold a set ETF strategy than choose funds themselves.
- Investors who want ESG and cash options alongside a standard ETF plan, covered by etf, esg and cash.
Who should look elsewhere
- eToro, for a management fee of 0% and a wider choice of markets to trade.
- Axos Invest, for readers who would rather hold their money under SIPC.
- Vivid Standard, for business plans where fees run 0.5% to 1.5%, above 0.35% to 0.95%.
Current offers
moomoo
Current offer
Bonus
Welcome Bonus
Source, checked September 26, 2026
Country by country
| Country | moomoo | Whitebox |
|---|---|---|
| Germany | No | Yes |
Questions about each
moomoo
What does moomoo charge to trade stocks and options?+
On the commission-free account, the stock trade fee is $0 and the options contract fee is $0. The account fee is $0, so nothing is charged to keep the account open. Those figures are the whole cost side of the offer, and they apply to the same account rather than to a paid tier.
What does a commission-free account mean for the cost of a trade?+
The pricing model is commission-free, so a stock trade is charged at $0 rather than a percentage of the order, and an options contract at $0. Removing commission does not change the price at which an order is filled, so the buy and sell prices still matter as much as the fee line.
Whitebox
What does Whitebox charge to manage my money?+
The fee is 0.35% to 0.95%, charged as the management fee, and the same figure is listed as the account fee of €0.35 to €0.95. Because it is a range, the plan you pick sets where you land inside it. It is the ongoing cost of the managed portfolio, not a one-off charge.
How much money do I need to open an account?+
The minimum deposit is €25, a small entry point for a managed portfolio. The robo-advisor median for a minimum investment is €60.06, so the bar sits toward the lower end of the category. Starting small is realistic.