Asked by Anonymous
Asked on 16 Jun 2019
Hi everyone, I'm looking to buy the irish-domiciled IWDA at some point. Which brokerage would you recommend for foreign equities? If I'm not mistaken, most local banks charge quite a high fee for it
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.
I personally use FSM ONE for my overseas trades: https://seedly.sg/reviews/online-brokerages/fsm-one
Mainly for the interface also the convinience of setting up the account.
I know the fees per trade are a little higher but it is marginally more than others like Interactive Brokers (also highly recommended by the community)