Asked on 08 Sep 2019
Looking into investing in US stocks, and considering between using SAXO or FSMone. Any reasons why one of them is better?
For US stocks, it is better to use Interactive broker or Tdameritrade.
Interactive broker - cheapest commission out there.
Tdameritrade - best investing platform so far i have come across. Their platform is beautiful, if you are a chartist person, you can do your charting there. Can do alot of fancy stuff like thinkback, and many things else.
I am using both!
Honestly, just go for Interactive Brokers. Real time exchange rate, super low commission structure (1 USD). Alternatively, I started with ThinkOrSwim (but they are merging with Charles Shwab now so not sure how will it change), it's 5 USD comms. But I transferred all to IB already!
I use interactive brokers.
Love them. Cheapest fee, best forex, widest choice of stocks to buy worthwhile.
I've used zero commission brokers like firstrade and robinhood - and i say for a value investor its quite a great proposition! its really free. Just that is a bit laggy. and maybe there aren't charts. and aren't some functions like anaylst reviews. But once again, zero commission is great. (:
Personally I use Td Ameritrade, mainly for options but I use it for stock on the occasion. Its robust and straightforward to use. No hidden fees, no need to pay minimum comm every month, no inactivity or other fees involved. I'm getting a comm rate of 5 USD minimum due to my community.