IBKR or TD AMERITRADE or FIRSTRADE or TIGER BROKER for US market??

Hi, I am considering to trade in the US market but still thinking of which broker platform should I trade through. Any suggestion or recommendation??

Interactive Brokers Tiger Brokers TD Ameritrade

Discussion (9)

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Investorean

15 Dec 2020

Hello,

In my opinion, I feel that Tiger broker is the ideal for trading in both SG and US market.
For SG market wise, they charge a low 0.08%fee for stocks. For US market wise, they charge a minimum of 2usd for stocks unless you are buying in a very large volume. They are also regilated by MAS so there is a safety level when trading.

Other brokers:
I feel that other brokers like Saxo and Fsmone charge a higher amount of commission which will eat into your profit.

TD Ameritrade and Firstrade - these brokers are commission free but they charge a withdrawal amount. For TDA, they charge a withdrawal of 25 usd and for Firstrade(not regulated by MAS), they charge a withdrawal of 50 usd. So in the long run if you are doing frequent trading, these are more ideal .

In conclusion, I find that Tiger is relatively easy to use and their fees wise are significantly low compared to other competitors.

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Lin Yun Heng

06 Dec 2020

Senior Analyst at Delphi

I have been an advocate of Firstrade for the entire year now. Can attest that it has the following:

Wire transfer via Stan Chart/DBS/POSB have $0 remittance fee charges, and will be in the Firstrade account in 1 day (or less)
FREE Morningstar Premium for ALL US Stocks/ETFs
Free Options Trading/Stocks Trading with no commissions fee
Sleek UI on their phone and tablet app, I was mindblown when I used it. Need to use them yourself you will be amazed.
Trade execution is almost 0 seconds. Again a mindblowing feature (makes SG brokers look like a joke/dinosaur)
Got option for you to opt for Margin account, which is where they earn their revenue. Use CASH ACCOUNT if you want to use everything for free.
Customer Service reply speed is extremely quick. Been using their service since March 2020.

I wrote an article here about Firstrade and you may want to find out more** [here.**](https://investingbeanstalk.wordpress.com/2020/0...)

There is no other broker that even comes close. I can attest this myself because I personally tried all 3 brokers you mentioned and found Firstrade to be the best for US stocks.

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