Moomoo announced on January 6, 2025, the launch of an Options Paper Trading Challenge in the U.S., scheduled to run from January 13, 2025, to February 7, 2025. This challenge offers U.S. investors an opportunity to develop and refine their trading strategies in a simulated market environment.
Participants will compete using Moomoo's in-app paper trading feature, aiming for the highest virtual returns with $200,000 in virtual money. The challenge allows trading in stock options, ETFs stock options, ETF options, and index options listed on U.S. exchanges, mirroring real market conditions.
Promoted jointly with Nasdaq, the challenge offers cash rewards totaling $15,000, along with additional prizes for top winners. This collaboration aims to advance financial literacy and enhance trading skills through practical, hands-on market education.
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