I've heard a lot about investing in the US S&P 500 indexes, and I'm interested in doing so. How do I go about it? Or is the local indexes a better option? How do I start?

Hey Anonymous, it is generally cheaper to be investing via an overseas brokerage account compared to some of the local ones such as those by the local banks.

I'd recommend checking out Interactive Brokers, or IBKR as some may call it. They charge around USD$1 per trade, and they use spot rates for their FX. Hence both could help you save quite a bit.

That said, one reason Jorden switched from IB to TigerBrokers could be due to the monthly US$10 inactivity fee imposed for your account holdings that are less than US$100k. This is outstanding of any trading fees for the transations you make for the month. For example, for 3 trades it'll be $3 in trading fees. Hence you'll be charged an additional $10-$3=$7 for that month.

So you may look them up and see which suits your trading style better. All the best!

I was using Interactive Brokers, but swapped over to TigerBrokers for the reason that TigerBrokers are licensed and registered with MAS.

Fees wise, TigerBrokers are US$1 more expensive in terms of min. fees.

Overall, the platform is pretty good, it gives analysis, charts and also company profile all in one app.

If you are looking to get an account, here's my referral link: https://www.tigersecurities.com/accounts?invite...

You'll get 50% off trading commission and also a free stock! :D