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Anonymous

05 Jul 2020

General Investing

What is the most recommended brokerage platform for US/UK ETFs with monthly buy in?

I am thinking to invest in ARKK and ARKF ETFs, and is thinking to buy in at least once every month. I know that FSMOne does not have that in RSP, and I am using Saxo at the moment (but in SGD currency - should have been USD but my mistake in the beginning!).

I am finding out the most cost effective platform that can allow me to do so, given the currency conversion rate, management fee, expense ratio, trading fee etc. Any recommendations?

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Tan Wei Ming

05 Jul 2020

Founder and Writer at Frugal Youth Invests

Interactive Brokers will be the recommended brokerage for US/UK ETF since ARKK and ARKF is not available on FSMOne's ETF RSP. Interactive Brokers is by far the most reputable brokerage for overseas market.

If you are adventurous, you might want to consider buying in using Tiger Brokers (US) or Trading212 (US/UK).

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