facebookWhat is the cheapest way to buy IWDA in Sg using DCA method? Is Vanguard total world stock index ETF (FSMOne) equivalent to IWDA? - Seedly

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Anonymous

09 Mar 2020

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General Investing

What is the cheapest way to buy IWDA in Sg using DCA method? Is Vanguard total world stock index ETF (FSMOne) equivalent to IWDA?

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At this moment, there's no easy way to automatically purchase IWDA every month through a brokerage account. Most investors are doing it manually through low-cost platforms like SCB Online Trading, Interactive Brokers, SAXO, etc.

The cheapest way would be to create an Interactive Broker account because it has 0 monthly charges when you have at least $100,000 in it. If you do not have that amount, standard chartered would work fine as well.

Kelly Trinh

20 Nov 2019

Backoffice technical at financial services firm

The cheapest method covered before (Saxo/IB are common mentions).

The FSMOne ETF you mention is ba...

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