Anonymous

21 Nov 2021

∙

General Investing

Hi Seedly Community, may I know if anyone reviewed Tiger Brokers versus Standard Chartered Priority versus IBKR before? I am looking at buying singapore and US shares + etf.

Which would be better in terms of fees?

Thanks!

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Dream, believe, achieve

29 Dec 2021

Yes I agree with one of the commenters. Ibkr for US and tiger for SG (NO min charge now extended to 12 January 2022)

If anyone needs a referral link, feel free to use mine for one free apple share and commission free trades.

https://www.tigerbrokers.com.sg/activity/forapp...

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Nicholas Beh

Edited 24 Nov 2021

Student Ambassador 2020/21 at Seedly

As a SC Priority customer you get no minimum commission fees on your trades. Commission is 0.18% for SGX and 0.20% for all other markets. However the foreign currency spread is quite horrible at 0.6-0.8%.

Tiger is currently the cheapest (percentage wise) for SGX at 0.08% with a no minimum commission promotion that lasts till the end of the year. Foreign currency spreads range from 0.2-0.4%. Alternatively, FSMOne offers a flat rate commission of $8.80.

TDA is the cheapest for US markets as they charge 0 commissions. However, they do not have access to any other markets.

IBKR is cheaper than SC and Tiger in most cases with generally low fees. If you're trading fairly large amounts, you'll save more by using IBKR, especially on foreign currency conversions where they provide you with access to live spot prices.

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Not a financial advisor

21 Nov 2021

IBKR for US, tiger for SG (currently at $0 fee till end of 2021)...

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Related Posts

Hi! Is anyone using both IBKR and SCB priority banking trading platforms? If yes, why did u decide to keep 2 platforms and how would you decide which acct to use to buy SGX and US shares ?

Hi! May I check if it will cost me less miles if I buy a roundtrip business class (to US) ticket now VERSUS buying 1 way now first, then look out for flying-back 1 way ticket later?

Hi Seedly, there is a fake user who created many fake accounts to give IBKR 5 stars and Tiger Brokers 1 star. How to trust that Seedly reviews are by REAL users? Ridiculous.?

Hi! I’m interested to buy some shares for the Manulife US reit. May i know if it is possible to purchase it through DBS Vickers? If yes, will it be purchased using SGD or USD? Thank you!?

Has anyone heard of Tiger Brokers? Saw their advert and seems that their cost of US shares is pretty low, would like to hear what thoughts the community might have?