Anonymous
What's the most favourable brokerage account to use for SG stocks?
DBS cash upfront account offers the most favourable rate when buying shares. How about the brokerage when selling, without needing to satisfy any conditions or criteria?
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Elijah Lee
10 Mar 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
Pang Zhe Liang
10 Mar 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
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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from my experience POEMS is v...
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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.