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Anonymous
Thinking of putting in 2-3k
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Chris
15 Apr 2021
Owner and Writer at Tortoisemoney.com
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Any low cost broker with access to the US market is good. This will include:
TD Ameritrade
Tiger Brokers (Referral: https://www.tigersecurities.com/accounts?invite...)
Moomoo (Referral: https://j.moomoo.com/0052ie)
I've used all 3 of them and they're all pretty decent, each with their own pros and cons. But all 3 boast low trading comms and access to the US market, which will allow purchase of any ARK ETF at a pretty low cost.
TDA Cons:
Withdrawal fees (USD25)
Long account approval
Only have US market access
Tiger Cons:
Relatively new broker
High position transfer cost (USD100 per counter)
Moomoo Cons:
Relatively new broker
Starts as a margin account (US side) which may be accidentally result in beginners going on margin without realising itโโโ