Advertisement
Hey guys, I have some spare cash (~$50k SGD) that I’m planning to invest, and I’m thinking of putting about 7/10 of it into Tiger and the other 3 into IBKR (or maybe another platform if you guys have any recommendations). I’m mainly looking at a mix of short-term opportunities with a focus on something that offers decent growth and low fees.
Anyone here invested in a similar way? Any recommendations on how I should split it, or if there’s a better platform to consider for either part of the investment? I heard some good things about tiger for its low fees and decent features for active traders. But for the portion I am putting into IBKR, I am still not sure if the fixed plan or tiered plan makes more sense.
Also, if anyone has any thoughts on ETFs or specific stocks that have done well in the short term recently, please share. Appreciate any advice on managing fees and reducing FX costs too!
5
Discussion (5)
Learn how to style your text
Reply
Save
If you want to split $50k SGD, put 70% into Tiger for active trading (low fees, good for short-term) and 30% into IBKR for long-term investing (better FX rates, global access). Use IBKR for FX conversions—cheaper and bulk convert SGD to USD to save money.
Reply
Save
Read 2 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Tiger is great for low fees and active trading, while IBKR offers strong global access and flexibility. Your 70/30 split seems reasonable, but consider IBKR’s tiered plan if you trade frequently. For ETFs, short-term movers depend on market trends, so researching recent sector performance can help. Managing FX costs wisely is key—good luck! Writing an essay requires research, proper structuring, and time. Since I was struggling with my essay, I decided to check out Academized which is available https://academized.com/professional-essay-writers here. Their professional essay writers provide experienced writers who focus on delivering well-researched, plagiarism-free essays. They also ensure that the formatting meets academic standards. Their positive customer feedback made me trust their service. If you’re looking for expert essay help, this website looks promising.