facebookAnyone using TD Ameritrade? Just saw an article from The Edge "TD Ameritrade Singapore announces zero commissions for US market trades from Singapore". How is their FX rates and platform? - Seedly

Anyone using TD Ameritrade? Just saw an article from The Edge "TD Ameritrade Singapore announces zero commissions for US market trades from Singapore". How is their FX rates and platform?

https://www.theedgesingapore.com/news/update/td...

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Edit on 19 Oct 2020: referral seems to have ended early oct 2020, from my phonecall with them. In fact, you dont see it on their website anymore

Anw...

Their free comms, no custodian fees, excellent charting tools, 24/5 support in sg/US, ease of SGD transfer in (via DBS/POSB) + good forex rates (0.1-0.2pips) , make it a desirable brokerage. DYODD!​​​

Short answer - I use them over 10 years. No fuss, very good tools - portal and app. Recommended - and if need a referral I can provide and split (unsure if still exists)

Longer answer - if you are currently using any local platform, my belief is that it will be a upgrade. But as I was a TD US customer before being forced to move to the TD SG account, my experience was mixed. The set-up in SG is a handicapped one, versus rest of world e.g. where you can deposit/withdraw USD direct from the app. Its common that once a brokerage has a presence in Singapore, the experience just drops and we go back a few decades. Unsure if its because of special regulatory compliances or we have obscure rules to avoid competition with local banks. Someone can help shed some light appreciated.

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U.S. platform superb...

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