facebookHas anyone tried using GoTrade before? What is the experience like? - Seedly

Leong Wen Fong

Commercial Ops at Aspire

05 Jul 2021

General Investing

Has anyone tried using GoTrade before? What is the experience like?

Looking into platforms that deal with US stocks and came across GoTrade, but don't really know anyone who is using it - so would like to find out more.

Discussion (4)

What are your thoughts?

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Hello.. I've been on gotrade and do some small investing. I really like their user friendly and clean lay out. It is very easy to register and deposit your fund. I've tried to withdraw and the amount was transferred into my dbs account in no time. BUT, I am still skeptical as they are not licensed under MAS. I've recently just got very bad experience with SamTrade, where my fund got hold up - until don't know when. So at the time being I am just monitoring my gotrade and if they ever go up I may withdraw them.

Adrian Goh Jun Wei

05 Jul 2021

Product at Nodeflair

Pros

  • it's quite well designed and built - UI are modern and components aren't over cluttering

  • No transaction fee

  • Smooth top-up process (free up to a certain amount)

  • Fast and snappy

Cons

  • Not all stocks are available for trading

Others

  • Can't comment on how it will potentially change when they have to double up on their monetization effort (will it become another Robinhood?)

  • Have not withdrawn any amount so I can't comment

My 1st week using gotrade, looks fine and easy.

im not using the app to do the analys, just to do t...

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