Hi, May I know is Interactive Broker a good option than TD as a beginner investing US equity as i have no knowledge with US market?

May I suggest you go with robo-advisors instead, since seems like you may be close to retirement age and the sum is small? The robo-advisors invest in US ETFs. If you want Irish-domiciled ETFs, you will need to use IB.

If you still want to own stocks instead, I'd suggest you go with TD Ameritrade. $0 commision. However, the account approval waiting is a pain. It will take 1.5-2 months for them to approve. How I know? Because I waited that long until I went with IB instead 🤣

Another reason you may want to consider IB is they allow you to buy fractional shares. I'm not sure about TD Ameritrade. But yeah, they have the USD 10 per month inactivity fee.

Or u can try saxo. Just that the fx xconversion two ways is about 1.5%

Excellent advice from Zachary here

If you are a beginner to US stocks, you may wish to consider using a robo advisory instead.

But if you are comfortable with going on your own, I would suggest TD Ameritrade. There are no hidden fees involved, no minimum monthly / live data feed fees involved. Quite straightforward with robust tools and charting.

I believe the minimum amount for account opening would be in the range of 2k USD if I recall. They do accept deposits in SGD via POSB / DBS FAST transfer and you can check with them on the FX conversion rate. Normally I would convert via DBS multi-currency account (not ideal, I know) before wiring to my account in the US.