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Anonymous
What are the best brokerages for Singaporean Stocks?
Hi all, any recommendations for brokers to buy SG stocks? I read a book on investing in SG and it recommended Maybank(but that was in 2016, I think there are better and cheaper options) I am still a beginner and would like to buy ETFs and bonds at low commission fees.
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Elijah Lee
10 Mar 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Pang Zhe Liang
10 Mar 2020
Lead of Research & Solutions at Havend Pte Ltd
It depends on whether you prefer CDP or custodian.
You may see the reviews by Seedly and make an evaluation: https://seedly.sg/reviews/online-brokerages
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Hi anon,
I'm from Phillip, but I recommend that you try out multiple platforms, after all, opening an account is free. Custodian based accounts tend to be cheaper in terms of brokerage.
Eventually, even the platform's interface is a moot point since you will get used to it with experience. At that point, you will be looking at finding a good broker whom you can work with in your investing journey.