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Anonymous

15 Jul 2020

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General Investing

How does IBKR compare to FSMone on fees mainly? 21yo with around $10-15k to invest. Any advice?

Since i'm below 25yo, ibkr monthly acc fee is just USD$3 - commission fees, and fees usd$1 per trade. Whereas fsmone is min usd8.80 per trade excl processing fee and charges dividend handling too. Not sure which actually is cheaper if i'm calculating a lump-sum of $5k at first? Will continue investing every month at least $1k. Starting small first.

Interactive Brokers FSMOne Fundsupermart

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Tan Wei Ming

15 Jul 2020

Founder and Writer at Frugal Youth Invests

If you are mainly looking at trading in US, I would really recommend Tiger Brokers. It's custodian for US is IBKR so really can give Tiger Brokers a try.

Seedly has a review article on Tiger Brokers.

https://blog.seedly.sg/tiger-brokers-review/?amp=1

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