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Anonymous
FSMOne as preferred brokerage?
Hi all, recently I’ve been reading up on the cost of FSMOne brokerage and I thought it’s one of the better brokerages as it only charges for buy/sell orders with no inactivity or annual fees. But here’s the question, why does it seem like there’s very little talk about FSMOne and it also seems like nobody is recommending It on major forums? It’s always TD, Saxo, IB etc. Am I missing something?
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Marcus
15 Aug 2020
Founder at manualmode
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Nicholas Beh
15 Aug 2020
Student Ambassador 2020/21 at Seedly
FSMOne has very competitive pricing, especially for a local broker. However, they charge some pretty high fees for dividend handling and corporate action.
The thing is, there are plenty of brokers out there that have even more features or better pricing than FSMOne. For example, FSMOne loses out on market access to IBKR, SCB, Tiger and Saxo, and can't possibly beat TD Ameritrade's $0 commissions for US stocks. Pick a broker that suits your needs best!
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In my opinion,
I love FSMone for cheaper FXrates than banks, easy to use interace, cheap $10 min br...
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