Is SAXO or FSMone a better platform to buy US stocks? - Seedly
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Anonymous

Asked on 08 Sep 2019

Is SAXO or FSMone a better platform to buy US stocks?

Looking into investing in US stocks, and considering between using SAXO or FSMone. Any reasons why one of them is better?

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Jonathan Ang
Jonathan Ang
Level 7. Grand Master
Answered on 06 Dec 2019

FSM.

Saxo doesnt have some counters.

But end of the day, aim for IB. Cheapest in the world.

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Wallace Chai
Wallace Chai
Level 9. God of Wisdom
Answered on 06 Dec 2019

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!

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Bjorn Ng
Bjorn Ng
Level 9. God of Wisdom
Answered on 05 Dec 2019

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!

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Bibiana
Bibiana
Level 7. Grand Master
Answered on 07 Dec 2019

SAXO is cheaper for trading commissions. and you can do options.

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Cedric Jamie Soh
Cedric Jamie Soh, Director at Seniorcare.com.sg
Level 9. God of Wisdom
Updated on 11 Sep 2019

I use interactive brokers.

Love them. Cheapest fee, best forex, widest choice of stocks to buy worthwhile.

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Cedric Jamie Soh
Cedric Jamie Soh

11 Sep 2019

I am using the platform interactive brokers.
Question Poster

11 Sep 2019

I see. Thank you.
Junus Eu
Junus Eu
Level 9. God of Wisdom
Answered on 05 Dec 2019

Interactive Brokers!

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JC
Jon Chua
Level 4. Prodigy
Answered on 07 Dec 2019

Consider Interactive Brokers!! Lowest fees with very versatile interface...!

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Choon Yuan Chan
Choon Yuan Chan
Level 9. God of Wisdom
Answered on 07 Dec 2019

Saxo. But there are better options such as interactive broker and AMDtrade, based on comission rates

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Ming Sheng
Ming Sheng
Level 3. Wonderkid
Answered on 06 Dec 2019

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. (:

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Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 06 Dec 2019

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.

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