Avenue vs moomoo
Prices, payments, fees and registration, side by side.
The short answer
S&P 500 · Market orders · all sizes under $200,000
Per $10,000 of market orders in S&P 500 stocks, moomoo customers pay about $0.26 less than Avenue customers: $1.34 above the fair price against $1.60 above the fair price. On identical trades, though, Avenue comes out ahead: part of the gap is what each broker's customers trade.
Avenue files no payment report of its own (another firm routes its orders); moomoo is paid about $0.04 per $10,000 order. Avenue's stock commission is not confirmed yet. Options: moomoo charges less ($0.00 vs $1.00 per contract).
Not a verdict on which broker is better overall; for your own habits, use the yearly cost calculator.
Side by side
Tap a name for its report
| Measure | Avenue | moomoo |
|---|---|---|
| Prices you getSeptember 2026 · S&P 500 · Market orders | ||
| Extra cost per $10,000 traded Dollars paid above the fair price (midpoint of the best buy and sell quotes) per $10,000 of market orders, all sizes under $200,000 averaged (largest orders weigh most); lower is better. | $1.60 | better: $1.34 |
| Customer pays, as a share of the spread 0% = you got the fair price, 100% = you paid the full gap between buy and sell quotes; lower is better. | 52.5% | better: 52.4% |
| Same-trade gap vs other brokers Points of the spread on identical stocks and order sizes; below zero = better than other brokers. | better: +42.1 pt | +44.4 pt |
| Average execution speed Average time from receiving a market order to completing it; faster is not better here, as brokers whose orders took longer got better prices. | 10 ms | 61 ms |
| Broker is paid, per $10,000 order What trading firms pay the broker for a $10,000 order (payment for order flow). | not reported | $0.04 |
| Orders that beat the quoted price Share of orders filled at least slightly better than quoted; it says little about how much you save, so it is context, not a score. | 91% | 87% |
| Typical order size Average dollars per order; brokers whose customers place bigger orders tend to get better prices. | $2,276 | $8,649 |
| Feeschecked Nov 2, 2026 | ||
| Commission per stock trade Dollars per online stock or ETF trade; nearly every broker charges $0, so the real cost is in the price you get. | not confirmed | $0.00 |
| Options fee per contract Dollars per options contract to open a trade, on top of any per-trade commission. | $1.00 | better: $0.00 |
| Margin interest rate Yearly interest on a $25,000 margin loan. | varies | 6.80% |
| Interest on idle cash Yearly interest (APY) on uninvested cash in a standard account. | not confirmed | 0.03% |
| Transfer-out fee For moving your whole account to another broker. Lower is better. | better: $75.00 | $100.00 |
| Is it registered?regulator records, not an endorsement | ||
| FINRA record BrokerCheck: the broker's licences, history and any disciplinary actions. | BrokerCheckBrokerCheck record | BrokerCheckBrokerCheck record |
| SIPC member Returns your securities and cash (up to $500,000) if the broker fails; not investment losses. | Yes | Yes |
| Reports what it is paid for orders Rule 606: where a broker sends orders and what it is paid. A broker whose orders go through another firm files none. | No | Yes |
Cost by order size
S&P 500 · Market orders
Show as a table
| Order size | Avenue | moomoo |
|---|---|---|
| <$250 | $1.37 | $1.23 |
| $250 | $1.41 | $1.39 |
| $1k | $1.55 | $1.24 |
| $5k | $1.32 | $1.41 |
| $10k | $1.35 | $1.02 |
| $20k | $1.78 | $1.40 |
| $50k | $1.88 | $1.48 |
| $200k+ | $3.17 | $2.24 |