facebookFor a beginner investor who only wants to buy VWRA, DCA every month / quarter, which broker would be most cost-effective? Also wondering if I should use Endowus instead for their 100% equities? - Seedly

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Anonymous

21 May 2021

General Investing

For a beginner investor who only wants to buy VWRA, DCA every month / quarter, which broker would be most cost-effective? Also wondering if I should use Endowus instead for their 100% equities?

Consideration for endowus is due to the diversification within the advised portfolio. Also because using them for OA investment since last year.
My intention is to buy and hold long term. I am 30 years old and intend to semi retire by 55.
Please share your thoughts, thank you.

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Saxo Markets

21 May 2021

Saxo is currently waiving commission charges on all US stocks and ETFs, including VWRA, for new clients, until 3 September this year. Click here for details.Clients can open, close and monitor positions in real-time across Saxo’s platforms and apps, all of which are free to use. Click here to view VWRA on the SaxoInvestor platform.

With Saxo Markets’ Regular Savings Plan, you can have access to expertly managed portfolios inspired by BlackRock and Lion Global via regular contributions from as little as SGD 100 per month, to take advantage of dollar cost averaging (DCA). Note that a SGD 2,000 initial investment is required. Saxo also helpsto keep your costs down with no platform fee, entry, exit or custody fee. Please click here for details on Saxo’s RSPs.

POEMS

14 May 2021

Dear,

POEMS offers a recurring investment plan which allows you to opt for your desired investment frequency (Daily, Weekly, Monthly or quarterly). Normal brokerage fee will be charged for each trade. With a Cash Plus Trading account, you only need to pay 0.08%, no minimum commission for SG trades and from USD 1.88 flat for US trades. There is no platform fee and we have also waived the US & HK custody fee for the year.​​​

Tan Choong Hwee

14 May 2021

Solutions Specialist at Providend

You may want to read this blog post on buying LSE stocks:

[The Ultimate Guide To Buying LSE Stocks ...

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