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Anonymous
Planning to invest into ETF and just hold. Not going to trade actively.
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Chris
30 Mar 2021
Owner and Writer at Tortoisemoney.com
Tiger Broker is a good choice if you're starting out with small capital. They have:
Good comms (USD1.99 per trade min)
Can trade pre/post
Free live data (not sure if it's still around)
Great promos for new users (to compete with Moomoo ofc)
Super fast account approval
Interface is quite nice
No platform fees
Cons:
Relatively new broker
Some people don't trust Tiger Brokers because they're China-based: This may or may not be a concern for you.
Transfer out cost of USD100 per counter (if you ever change broker and wish to transfer your positions).
Alternatively, you can also check out broker comparison here to take a look at some other brokers too!
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Agee with Chris' comment! Personally I use Tiger Brokers as the fees are low and I am looking into long-term investment too. https://plannerbee.co/learn-personal-finance/we... - I talked about my experience using Tiger Brokers here if you're interested!