facebookI plan to invest 1k SGD every month(10-20years) in S&P500 ETFs, which brokerage should I go with? - Seedly

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Anonymous

15 Apr 2020

General Investing

I plan to invest 1k SGD every month(10-20years) in S&P500 ETFs, which brokerage should I go with?

Im deciding between Interactive Broker(low comms but 10USD inactivity fee) and Saxo (cheaper than average comms).

Discussion (23)

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I'll suggest Td Ameritrade. Robust platform with powerful charting tool if you need. Simple to use and the mobile is great as well. I use my phone to trade if I'm lazy to fire up the desktop application.

If you have sufficient volume, consider giving them a call to discuss if commission can be lowered.

Lim Chun Long Jimmy

04 Feb 2020

Co-founder at PolicyWoke (Traded Endowment Policies)

There are many others to choose from, including but not limited to:

View 1 replies

If it's just S&P500, can consider going ahead with kristal.AI

Otherwise IBKR also a good choice

Rishi Ramchandani

29 Jan 2020

Financial coach / Founder at Cafe cash flow

IBKR or TDameritrade for the low fees. 12 trades a year X 20 years - the fees can add up!

By the way I like what you are doing! I've been doing something similar since I started earning. Goodluck

View 1 replies

Randall Tan

29 Jan 2020

Coffee boy at Century Piano

Hi, I would recommend you to go with ibkr, with their low commission fees between $1-$3 usd per trad...

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