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Anonymous

12 Oct 2020

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General Investing

Most cost effective brokerage account for beginners to buy SG and US stocks in?

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Baby Steps Finance

06 Aug 2020

Seedly Student Ambassador 2020 at Seedly

More importantly, to save on transactional costs, you should go for custodian stocks, which means the company hold your stocks on your behalf (it is safe). This will save you a lot of money when trading US stocks

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Lets say I want to open a brokerage account and invest in US stocks.. Should I open a SG dollar denominated account or a US dollar denominated account?

TDA Singapore only has Margin Account, no Cash Account. If I have $50k in the Margin Account and I buy a US stock with a total cost of $20k. Is my purchase is considered as a "cash investment" without any margin, since I still have $30k balance?

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Related Posts

Lets say I want to open a brokerage account and invest in US stocks.. Should I open a SG dollar denominated account or a US dollar denominated account?

TDA Singapore only has Margin Account, no Cash Account. If I have $50k in the Margin Account and I buy a US stock with a total cost of $20k. Is my purchase is considered as a "cash investment" without any margin, since I still have $30k balance?

Funded Saxo with sgd for buying US stocks. Now is USD account. Can I still transfer SGD to buy SG shares? Will Saxo show 2 different balances ie. SGD and USD?

I am new to trading. I am thinking of opening a brokerage account to buy SG stocks. Which are the brokerage firms that offer good trading platforms?

Brokerages for recommendation? Adopting a buy-and-hold strategy for long term (>3-5 years) for SG stocks and US stocks?

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