Saxo or Interactive Brokers?

I'm currently using Saxo but only invested in one ETF so far (only about S$12K). However, I'm planning to buy a few more ETFs and stocks soon. Should I change to Interactive Brokers because it seems like everyone is recommending it? Are the fees lower than Saxo?

I once read that for account values below US$100K, Saxo is more cost efficient but once you hit more than US$100K, it's better to switch to IB. Not sure if this still applies. Any feedback is appreciated, thank you.

Saxo Markets Interactive Brokers

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09 Mar 2025

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Ellena

03 Jan 2025

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