Anonymous

20 Aug 2019

∙

General Investing

Am having a hard time choosing between IBKR and IG Markets for investing (DCA) into ETFs. Has anyone tried both and what are the pros and cons of each?

IG Markets seemed easier to set up as they just take info from SIngpass, IBKR seemed a bit longer in terms of onboarding. Haven't gotten around to funding either account yet though!

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Harvey Tan

20 Aug 2019

Full disclosure: I'm using IBKR and have no intimate knowledge behind IG platform

Back when I was researching on which broker to go with as my main broker to invest. IG, Saxo, FSM etc did come into my consideration.

However, after much consideration, I settled on IB based on the following factors :

Cheap (For US stocks, we are talking about 30cents for every 100 shares)
Accessibility to almost every capital market
Recommended by a lot of DIY investors in Singapore. If you are aware of the Shiny Things thread in hardwarezone, you will know what I am talking about

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