Asked by Anonymous
Asked 1w ago
Hi there. I would like to start investing in shares/ REITs etc, on top of some of my current savings in fixed deposit plans. Was wondering if I should follow the traditional route of going to a bank, and doing so via a broker, or are there online platforms that are very safe with minimal brokerage charges? What are some of your recommendations?
Bank brokerage or online brokerage are very similar. It is just a broker platform to place orders. Cheapest brokerage for SG stocks is $10 for those cash upfront accounts. And normal rates are about $25.
You can just open all the accounts, see which one you like. Opening is free of charge.