Which brokerage do you guys use or recommend? Please share your experience?

I'm using FSMone and TD Ameritrade (also known as thinkorswim)

FSMone (use this if you don't buy often, like once a month)

(+) easy to use, very simple interface and the app is well-designed; signup is super fast and easy

(+) comes with Regular Savings Plan (RSP), helps you dca easily once you setup the banking instructions to transfer money monthly/quarterly (this is why i got started with fsmone)

(+) access to many markets around the world beyond the US

(-) takes commission, one trade is $9+ for me, cheap for RSP as commission will around $1ish each time

(-) delayed data for prices (gotta pay to get instant prices, which is stupid)

(-) can't do options/futures (they have sth called CFDs, which i dont uds and wont touch)

TD Ameritrade (use this if you want to buy options or trade often)

(+) zero commissions to buy and sell stocks/etfs (they earn from clearing your orders)

(+) real-time price movements, and allows pre-market trading (important for traders)

(+) can buy options/futures

(+) allows margin trading if you have more than USD$2500 in account

(-) only access the US market

(-) not so beginner-friendly, you will need to watch some tutorials to get started with the interface and understand the nuances

doesn't hurt to get a few brokerages, especially those which are giving out money like Tiger Broker and Moomoo. they are just tools to get invested anw, the focus should be on what to buy and when to buy

The proliferation of online brokerage has left many new investors spoilt with choices. If you are facing this dilemma, below are some factors to consider before signing up.

Commission fees, Exchange Rate, availiabilty of robust analytical tools and most importantly the credibility of the brokerage (MAS regulated).

My primary investment account is with Tiger Brokers.

However, the recent inaugration of Moomoo caught my attention. The incentives, low commission fees and holistic user interface were irresitible and I made it my secondary account ever since.

Click the link to find out more about Moomoo's new-user benefits and a step by step guide to opening an online brokerage account!

https://www.theastuteparent.com/2021/03/how-to-...