I really want to invest in US S&P 500. I see so many people giving different recommendations. Can you please recommend which brokerages or organisations I can use to invest small amounts monthly?

Hi guys. Try the app - my wall st on android or iOS . they are US based and have their own brokerage based in the US - they allow fractional share investing and the commission is like 0.99 per trade. Foreigners are eligible and setting up the account is easy and just 5 dollars.

Based on what i know, you can't invest on S&P 500 ETF on a monthly basic.

The alternative is to invest in a Unit Trust fund that invest directly into S&P 500 index.

The unit trust name is Infinity U.S. 500 Stock Index Fund.

You can invest this on POEMS platform from $100 per month and there are no sales charges, switching fee and platform form.

However, do noted that you have to first invest $1,000 into this fund as that is the minimum investment amount required before you can commence your monthly investment.

Hope that help.