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Investments

Online Brokerages

ETF

The common brokers brandished here are Td Ameritrade and interactive brokers. Both will allow you to access the US market. I'm using TD Ameritrade personally and I find it very user friendly, with a great charting tool. There are no inactivity, custodian or data feed fees as well.

Investments

Online Brokerages

ETF

Similar to Kenneth, I use FSM One as well and the main reason is the tranferring of money. I noticed that other brokerages either utilises Wire transfer or cheque but FSM One allows bank transfers using FAST which allows same day transfer, saves the hassle of having to write a cheque etc.

Investments

Stocks

Online Brokerages

I am not sure where your US stocks are held in currently but it is likely in your current broker custodian account. If you do switch broker for the cheaper commission, you need to also transfer the shares over to a new broker. This incurs another cost for transferring shares. For exchange rates on brokers, I cannot comment much, they all fluctuate differently. For cheapest commissions, thinkorswim charges a flat $10.65 USD per trade of unlimited shares. Standard chartered if you are a priority banking customer, charges 0.2% commission.

Investments

Online Brokerages

FSM One

It is not something new. Other brokers like Philips have done something similar. Good for parking for investment funds and always be ready to deploy them quickly and earn some interest while waiting. Do note that this type of accounts are not covered under SDIC unlike our local banks where deposit and savings account are covered by SDIC. So, I guess don't park everything inside just to be safe.

Investments

Regular Shares Savings Plans (RSS)

UOB

DBS

Online Brokerages

James Yeo
James Yeo, Founder at SmallCapAsia.com
Level 4. Prodigy
Updated 3w ago
https://www.uob.com.sg/personal/invest/unit-trusts/regular-investment.page https://blog.moneysmart.sg/this-vs-that/posb-ocbc-poems-maybank-kim-eng-regular-savings-plans/ no min. $1000 for DBS. yes, generally can pause and stop investing without penalties. https://blog.seedly.sg/regular-shares-savings-rss-plan-faq/ In general i feel UOB's RISP not as strong as DBS and OCBC

Online Brokerages

Brokerages

PhillipCapital (POEMS)

I have the custodian based one. Works the same way in my opinion.

REITs

Online Brokerages

Stocks

Investments

Jansen Ng
Jansen Ng, Business Student at Ntu
Level 4. Prodigy
Answered 4w ago
Based on this article which neatly summarises the RSPs for you, go for DBS Invest Saver for <$500. https://blog.seedly.sg/which-regular-savings-plan-is-the-cheapes?utmsource=app&utmmedium=share

Investments

Stocks

Online Brokerages

Ericsson Ting
Ericsson Ting,
Level 3. Wonderkid
Answered 4w ago
Fsmone is the cheapeat brokerage from what i know,you could use standard chartered brokerage if you like to your money to be held in a physical bank that you can go to

Investments

ETF

Brokerages

Online Brokerages

Robo-Advisors

I've been using TD Ameritrade for a number of years and really like the straightforward platform and robust charting tool. No hidden fees as far as I know. Can't comment about saxo as I've not used it in any capacity. And yes robo advisories are an alternative to invest into Etfs, US domiciled or otherwise. Only thing is you cannot choose which are the etfs you want to buy into. The portfolio will be constructed based on your risk profile that is determined when you open the account and answer their cka questions.

Investments

Stocks

Online Brokerages

ETF

Jonathan Ng
Jonathan Ng,
Level 5. Genius
Answered on 16 May 2019
Hello! TD Ameritrade is an online brokerage which you can use to trade stocks, bonds, mutual funds, ETFs, options, futures, forex, foreign ADRs & IPOs. This large investment selection also comes with free indepedent research, their high-quality trading platform thinkorswim, good customer support, as well as, no account minimum. However, in exchange, they charge a higher trade commission than other brokers at $6.95/stock trade & $7.70/contract for options. So you can weigh whether the brokerage platform and services they offer matches the high cost they charge! With that said, you are able to purchase the index and stocks you have mentioned with TD Ameritrade. Alternatively, you can also refer to this stock brokerage comparision that Seedly did: https://blog.seedly.sg/the-ultimate-cheatsheet-cheapest-stock-brokerage-in-singapore/ Hope it helps!
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