Anonymous

09 Jul 2021

∙

General Investing

What is the absolute values of total stock cost for choosing fixed tier or floating tier to achieve lowest effective fees for IBKR SG account?

Fixed tier or floating tier to achieve lowest effective fees for IBKR SG account

Interactive Brokers

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Mika Alphonse Low Yc

29 Jul 2021

Floating will definitely be cheaper in the short term. fixed if you dont want to ever have to worry about it.

Reply

Save

Write your thoughts

Related Posts

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

How to switch from POEMS to TD Ameritrade at lowest cost when I have over 10 counters of US Stocks at total value of USD500k?

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?

Saxo commission fees are low but conversion costs are high. This caused total costs to be at least 1.6% to buy US stocks. Anyone encounter that or am I doing something wrong?

Correct me if I'm wrong but this feels like a ETF with total expense ratio being the annual fee depending on your tier, and effective sales fee of zero? Could their product be interpreted in this way?

Related Products

Interactive Brokers

4.1

37 Reviews

$0

MINIMUM FEE

Market Spread

TRADING FEES

Custodian

STOCK HOLDING TYPE

Moomoo Singapore

4.7

476 Reviews

Saxo Markets

4.5

956 Reviews

Related Posts

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

How to switch from POEMS to TD Ameritrade at lowest cost when I have over 10 counters of US Stocks at total value of USD500k?

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?

Saxo commission fees are low but conversion costs are high. This caused total costs to be at least 1.6% to buy US stocks. Anyone encounter that or am I doing something wrong?

Correct me if I'm wrong but this feels like a ETF with total expense ratio being the annual fee depending on your tier, and effective sales fee of zero? Could their product be interpreted in this way?