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Anonymous
May I know which platform, Kristal.AI or Tiger brokers to purchase and hold ETFs? I can't decide nor do I know how to compare these 2 platforms. Can someone enlighten me please! ๐
I'm considering some Invesco/Blackrock Asia/ ARKW ETFs, but I don't know which platform to pick and purchase from. Please help me!!! Thank You!!
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thefrugalstudent
22 Feb 2021
Founder at thefrugalstudent.com
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Hi Anon,
From your question, it sounds like you already have an idea of which ETFs you wish to buy. Based on that, I would recommend Tiger over Kristal. Kristal charges a management fee while Tiger charges no custodian fees. Thus, over the long run, using Tiger will result in paying less in fees because you only need to pay the commission fees for when you purchase the ETFs while for Kristal, you will be paying the management fee for as long as you hold your ETFs in them (once you exceed $10k USD).
Hope this helps and all the best!
Regards,
thefrugalstudent