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Anonymous

18 Dec 2021

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General Investing

I want to buy US ETFs (eg. S&P 500 ETF) while working and earning SGD in Singapore. Considering (i) commissions and (2) conversion rates from SGD to USD, which online broker is the cheapest?

S&P 500 ETF

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Elbert

Edited 18 Dec 2021

For best FX conversion, choose IBKR

For commissions, TDA don't charge for US stocks and cheaper for US options. If you wanna trade OTC stocks. IBKR's commission will be cheaper.

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Tan Choong Hwee

Edited 18 Dec 2021

Solutions Specialist at Providend

IBKR would be a good choice. Their commissions are low and their FX conversion rates are competitive. Plus they support a wide range of markets, specifically LSE where many Ireland domiciled S&P 500 ETFs are listed.

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