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Anonymous
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).
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Jonathan Chia Guangrong
04 Feb 2020
SOC at Local FI
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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:
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If it's just S&P500, can consider going ahead with kristal.AI
Otherwise IBKR also a good choice
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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
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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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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.