Advertisement

Anonymous

23 Nov 2021

∙

General Investing

What is the most cost effective trading platform for US market such as etf which plan to hold long term?

Current shortlisted IBKR and poems. Please share with me if there is any other better option.

2

Discussion (2)

What are your thoughts?

Learn how to style your text

Jovan Lai

24 Nov 2021

TD Ameritrade. Literally free. 0 Comissions for US listed ETFs. fantastic spreads and competitive FX rates. No custodian fees.

No monthly fee for live data unlike others like IBKR

Reply

Save

Tan Choong Hwee

Edited 23 Nov 2021

Solutions Specialist at Providend

IBKR would be more cost effective for US stocks/ETFs. Their tiered pricing is USD0.0035 per share, min USD0.35.

POEMS currrent promo rate is USD3.88 flat. Could be lower cost if you purchase more than 1108 shares.

TD Ameritrade would be cheapest with their zero commission for US stocks.

Other low cost US stock brokers are Tiger Brokers and Futu Moomoo.

Reply

Save

Write your thoughts

Related Posts

DCA which platform to use? I plan to invest 100 USD into total world etf (VWRA- London market) monthly. May I know which platform to use to be cost-effective? or should i DCA into VT- US market ?

Hi I'm planning to buy and hold VOO ETF in the long run, is it advisable to do so? Will be my first time diversifying into the US market. Any other recommended ETFs/stocks for long term growth?

If I buy and hold ETF for long term till retirement, and the market happens to crash around the point I am retiring and plan to sell, does it mean that the long term gains are all gone?

Planning to RSP into US based ETFs over a long term horizon, should i wait till the US market crashes further?

If i would like to buy and hold investments in stock market for 5-10 years, should i go with SaxotraderGO? Does the platform allows me to have long term holding or only for day trading?

Related Posts

DCA which platform to use? I plan to invest 100 USD into total world etf (VWRA- London market) monthly. May I know which platform to use to be cost-effective? or should i DCA into VT- US market ?

Hi I'm planning to buy and hold VOO ETF in the long run, is it advisable to do so? Will be my first time diversifying into the US market. Any other recommended ETFs/stocks for long term growth?

If I buy and hold ETF for long term till retirement, and the market happens to crash around the point I am retiring and plan to sell, does it mean that the long term gains are all gone?

Planning to RSP into US based ETFs over a long term horizon, should i wait till the US market crashes further?

If i would like to buy and hold investments in stock market for 5-10 years, should i go with SaxotraderGO? Does the platform allows me to have long term holding or only for day trading?

Advertisement