Which platform is the best for investing about 50k with minimum handling fees / holding fees / transaction fees? - Seedly
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Anonymous

Asked on 06 Jun 2020

Which platform is the best for investing about 50k with minimum handling fees / holding fees / transaction fees?

Looking to buy US stocks at about 5-6k per transaction (non-ETF)

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T
Tan
Level 2. Rookie
Answered on 10 Jun 2020

Tiger Broker can trade US ,SG, HK, LON, CN stock, is one of cheapest now...with no minimum charge in some countries.....having promotion now with free signup commission and gift.

https://www.tigerbrokers.com.sg/market/sg-invitflow?account_display=standard&isInvitee=true&lang=en_US&skin=1&edition=fundamental&invite=PCU41J

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Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 07 Jun 2020

SCB fixed USD 10.70 per transaction.

No dividend handling fee + No custodian fee

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Frankie Rappaport
Frankie Rappaport

07 Jun 2020

Yes, that one surely one top choice
Yh.lens
Yh.lens
Top Contributor

Top Contributor (Jul)

Level 6. Master
Answered on 10 Jun 2020

Kristal.ai if you are into ETFs. First 50k will be commission free. Hope this helps

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Royalchem
Royalchem
Level 5. Genius
Answered on 07 Jun 2020

Ibkr

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Hi there!

you may refer to the answers that I've posted in the 2 links below. Hope it will help u:)

https://seedly.sg/questions/cheap-brokerage-to-buy-and-hold-us-stocks

https://seedly.sg/questions/is-it-more-worth-it-to-use-td-ameritrade-or-saxo-to-buy-us-stocks

Wishing you a bountiful investing journey!

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Question Poster

08 Jun 2020

Thank You!
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered on 06 Jun 2020

POEMS would still be ok

TD Ameritrade would do the job,

alternative = Charles Schwab

And single stock investing is much riskier than mainstream ETFs

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