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Anonymous
Which platform do you recommend to buy bank stock?
Brokerage to buy bank stocks?
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What is your time horizon? Are you planning to buy one off or DCA? Which bank stock SG/US? Giving a bit more info would help get you more relevant responses.
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Tan Choong Hwee
09 Oct 2021
Investor/Trader at Home
Assuming you are buying SG bank stocks for long term holding. The lowest cost brokers would probably...
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If u would like the dividends to be credited directly into your bank and want to own the shares legally, i believe that dbs vickers is the lowest cost brokerage for cdp accounts at $10 per trade.
If you prefer trading on a custodial account, moomoo or tiger will be the cheapest broker, around $2 per trade.
All these brokers are easy to create and use. thus i think the price is the differentiating factor. Hope this helps!