TD Ameritrade Singapore removes commissions on online stock, ETF and option trades (Link below) Anyone read that? Do they impose other charges? - Seedly
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Anonymous

Asked 3w ago

TD Ameritrade Singapore removes commissions on online stock, ETF and option trades (Link below) Anyone read that? Do they impose other charges?

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Hannah G.
Hannah G.
Level 3. Wonderkid
Updated 2w ago

Some items you may want to consider:

  • Exchange rate is not spot FX.

  • Withdrawal fee of 25 USD when using wire transfer.

  • There is still a fee of 0.70USD per options contract.

  • Only US-domiciled securities are available for TDA.

Other than that, I would say that their rates are very competitive given that they have no custodian fees and their previous commission fee was 10.65USD/trade.

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Frankie Rappaport
Frankie Rappaport

2w ago

Thank you, dear Hannah, for detailing. TransferWise could be a valid cheap option to switch currencies into your TD A account
jw
jw

3d ago

How to avoid wire transfer fee?
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Updated 2w ago

This is really good news and the prelude to the due lowering of trading commissions to 0.00 SGD also for SGX listed equity.​​​

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