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LavenderBlue

03 Mar 2021

∙

General Investing

Any platform suggestions for Stock Options trading - US market?

I’m using poems.sg for trades but they don’t offer stock options trading, only FX, etc. My TD Ameritrade SG application has been pending for almost 2 months. No email response from them, no calls answered. Horrible reviews on them. Tiger brokers also bad reviews. Saxo fees are high. Any suggestions? Sigh. :(

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Chris

03 Mar 2021

Owner and Writer at Tortoisemoney.com

Your best bet will probably be IBKR or Tastyworks. Personally, I use IBKR so I can answer your questions about IBKR better.

IBKR Pros: Low comms (USD 1), Spot FX rates, Well-established broker

IBKR Cons: Inactivity charge

Tastyworks Pros: Options focused platform, Low Comms (USD 1 to open, USD 0 to close), Free stock trades

Tastyworks Cons: Withdrawal fees

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People with options trading experience, what are the platforms a beginner can use to trade options for both Singapore and overseas stocks?

I have a US bank account but reside in SG. What platform(s) do I trade in US stocks with my cash in my US bank account?

What you be the impact to me if the China stocks that I own is delisted from US stock market? Will I still be able to continue trading the stock, and how?

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