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Tiger broker account (free apple share and buy stocks) or should I use syfe (equity 100 & Reits+)
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Chris
20 Jul 2021
Owner and Writer at Tortoisemoney.com
Actually, what I'd advise is a mix.
Get the Tiger Brokers free share and cash it out. With AAPL at around USD140 (SGD190), that's almost a 10% return on your money in about a week or so? If you don't have a moomoo account, you can use that to farm another SGD200 or so too (although you will need 2.7k SGD for that).
Then move into Syfe Equity 100 with your 2.2k. If you're just starting out Syfe is honestly good enough since at low capital, their management fee is still alright. But once you hit a higher amount of capital, you might wanna move over to a proper broker like Interactive Brokers and continue there through index investing.
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Do both! Open a tiger brokers account first to get the freebies. Then once they're in, withdraw the cash and put into syfe.
Can use my referral link for tigers!
https://www.tigerbrokers.com.sg/activity/forapp...