facebookInteractive brokers, tiger brokers or TD ameritrade for buying US stocks (long term)? I’m currently using FSMone, intending to transfer over. Which is better in terms of fees and user experience? - Seedly

Anonymous

15 Dec 2020

General Investing

Interactive brokers, tiger brokers or TD ameritrade for buying US stocks (long term)? I’m currently using FSMone, intending to transfer over. Which is better in terms of fees and user experience?

Discussion (2)

What are your thoughts?

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Hello,

Personally I use both FSMone and Tiger platform. TD ameritrade I just sign up in early november but until now still waiting for the account opening.

Hence, I can only compare FSMone and Tiger broker.

1) In term of trading fee, I trade on both SG and US market. Tiger is the obvious lower fee broker. The execution of order is also relative straight forward and the price shown are LIVE price whereas FSMone price on US market is delay by 15-20 mins.

2) Tiger broker is able to provide informative chart which is essential and helpful for investment compare to FSMone.

*the transfer of US stocks from FSMone out is waived, transfer of US stocks into Tiger Broker is free.

I've opened an account for all 3 but still prefer TD as it's the first I've ever opened and to be fair, just got really used to the user experience etc. Even better is that it has $0 commission for stocks now so I would reckon it's the best of the bunch for US stocks.

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