Moomoo Cash Plus vs Webull Moneybull: Which Cash Fund Wins in Malaysia?

TL;DR: Moneybull is better if you want the highest promo rate on larger balances and a default Shariah‑compliant setup, while Moomoo Cash Plus is better if you value fund choice, multi‑currency flexibility, and long‑term versatility. The right pick depends on whether you see this as a 45 days promo play or a permanent cash‑parking tool.

1. What are Moomoo Cash Plus & Moneybull?

Moomoo Cash Plus: cash in money market funds

Moomoo Cash Plus in Malaysia lets you move idle cash into underlying money market and fixed‑income funds so you earn a fund‑like yield instead of 0% in your brokerage account. You can pick from several MYR funds (including Islamic options) and a USD fund, and your Cash Plus balance can usually be used as trading power without waiting days to redeem.

Webull Moneybull: one Shariah fund, fully auto‑swept

Moneybull on Webull Malaysia is positioned as a "cash fund" that auto‑sweeps your idle MYR into the AHAM Aiiman Enhanced i‑Profit Fund‑Class B, then back out instantly when you trade. The key pitch is "up to 6% p.a. for 45 days" on balances up to RM50,000, on top of the fund's normal ~3.29% p.a. return.

2. Rates, promos & limits

Promo strength

Moomoo has run campaigns around 5–6% p.a. for about 30 days (for new users only) on a capped amount (often RM10k–30k), after which returns fall back to the underlying fund's yield. In contrast, Webull's Moneybull promo is up to 6% p.a. for 45 days, applicable on balances up to RM50k per account (for new and existing users too), combining fund yield plus a Webull top‑up.

For a Malaysian investor who can park RM50k, Moneybull's promo is simply more powerful: higher cap and great promo period.

Ongoing yield after promos

Moomoo's MYR Cash Plus funds have delivered in the ~3–3.5% p.a. range, with some variation depending on fund and market rates. Moneybull's underlying Aiiman fund targets "stable" returns around 3.29% p.a., so post‑promo both look broadly similar in expected yield.

3. Liquidity, usability & experience

How easy is it to get money in and out?

Both are effectively T+0 from a trading perspective. Cash Plus lets you redeem and use the amount as MY shares buying power in the app, so your cash doesn't get "stuck" when markets move. Moneybull auto‑sweeps idle cash and instantly restores your MY shares buying power whenever you place an order, which feels invisible once set up.

On fees, neither charges extra subscription or redemption fees at the platform level; fund expenses are embedded in the NAV, and trading fees apply separately (with Webull also pushing zero‑commission promos on US Market at the moment).

Choice & flexibility

Moomoo Cash Plus stands out by offering multiple MYR funds and a USD option, so you can tilt between conventional vs Islamic, plus MYR vs USD exposure. Moneybull takes the opposite view: one Shariah MYR fund only; if you like simple defaults, this is a feature, not a bug.

4. Safety, Shariah & regulatory

Both platforms are licensed brokers under the Securities Commission Malaysia, and both route funds into regulated money market or income funds, not into opaque high‑risk products. They are not capital‑guaranteed like fixed deposits, but risk is relatively low compared to equities since the underlying assets are short‑term instruments.

The Shariah angle: Moneybull's default fund (Aiiman Enhanced i‑Profit) is Shariah‑compliant, which simplifies things if you want your idle brokerage cash aligned with Islamic principles without extra configuration. Moomoo Cash Plus offers both conventional and Islamic choices, so Muslim investors must explicitly pick the Islamic fund; non‑Muslim users might appreciate the ability to mix and match.

5. Quick comparison table

6. Who should use which?

Pick Webull Moneybull if:

• You can park RM50k and want to maximise the current 6% p.a. promo over 45 days
• You prefer a Shariah‑compliant default without having to pick funds manually
• You already use Webull for Bursa trading and like the idea of auto‑swept idle cash plus low or zero trading commissions for US market

Pick Moomoo Cash Plus if:

• You want a permanent cash‑parking layer, not just a promo play, and you like being able to switch between different MYR funds
• You want USD exposure and a way to earn on USD cash inside your brokerage account
• You're comfortable optimising which fund you're in as rates and your needs change

Duitwise Rating

The bottom line: From a pure short‑term numbers perspective, Moneybull edges ahead on value right now, especially for higher balances and Shariah‑minded investors. But for long‑term cash management with currency and fund choice, Moomoo Cash Plus remains a strong contender with its flexibility and multi‑currency options.