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Anonymous

08 Oct 2021

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General Investing

Which platform do you recommend to buy bank stock?

Brokerage to buy bank stocks?

Discussion (4)

What are your thoughts?

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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!

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

Solutions Specialist at Providend

Assuming you are buying SG bank stocks for long term holding. The lowest cost brokers would probably...

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