Asked on 07 Dec 2019
I want to trade on overseas exchange, which brokerage firm offer such products?
Just open up interactive broker or Tdameritrade account will do!
Most brokers have access to US markets.
some of the local brokerage include: SCB, DBS, KGI, POEMS, CIMB And FSM.
Overseas Brokers are abit cheaper but I only used Interactive Brokers and Think or Swim.
IB is cheaper but the user interface pretty laggy.
TOS is my choice to trade options and stocks as it's seamless. But you pay abit more per trade.
You'll need to open a brokerage account with a broker that has access to the US market. Plenty of brokers in Singapore can offer that, e.g. DBS Vickers, POEMS, etc.
Hey there! For local firms, you can consider Stand Chart, POEMs, or FSMOne.
If you will be consistently trading on overseas exchange, I would recommend using IB though. It covers almost all exchanges in the world including SG (but we can't buy SG stocks through there), at just 1USD comms!
You can consider IB or TD ameritrade. I prefer TD because their UI UX is better
FSMOne! It is the cheapest!
Or IB / TOS!
Just start a brokerage Account with the US Brokers like TD Ameritrade or IB
OPen a local brokerage, sign the paperworks and trade
However, i would recommend opening those foreign ones such as Td ameritrade or IB, sign the paper work and trade. Its cheaper
You'd just have to open a brokerage account that has access to the US markets and you're ready to go! Just remember to put the fees and commissions into consideration. Some platforms are better for traders whereas some would suit investors more
I am a big bank of Saxo. Their app is pretty nifty and gives very good data.
Sign up for an account with TD or IB.
Sign up for live news feed so you can watch their news live
Td Ameritrade and interactive brokers will allow you access to the US market. Personally I use Td Ameritrade which has a robust and straightforward platform with powerful charting tools. No hidden fees, no minimum monthly comm and no need to subscribe for live data. Avoid the local brokers as they charge an arm and leg in commissions to access the US market.
Td has an office here at Millenia Tower so you have access to local support if needed.