facebookProsperUs Reviews and Comparison - Seedly
4.6
90 reviews
claimed

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This product is managed by CGS-CIMB.

Summary

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  • Claimed in May 2021
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ProsperUs Online Brokerage Review 2021

ProsperUs is a digital investment service by CGS-CIMB that allows you to gain access to multiple asset classes across global markets. With just one account, you can invest anywhere around the globe and the clock.

  • Markets Available: Over 20 exchanges across 11 markets such as SGX, Bursa, TSE, Amex, NYSE, NASDAQ and LSE.
  • Products: Stocks, bonds, funds, options, FX, and futures etc
...see more

ProsperUs

$0

MINIMUM FEE

0.06% to 0.15%

TRADING FEES

Custodian

STOCK HOLDING TYPE

ProsperUs

$0

MINIMUM FEE

0.06% to 0.15%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Reviews (90)

4.6

90 Reviews

5
68
4
16
3
2
2
2
1
2

Service Rating

Customer Support

4.8

User Experience

4.5
    pinned

    Pinned by CGS-CIMB

      Posted 20 Jul 2022

      Purchased

      ProsperUs

      Overall good and innovative. The one holistic platform to invest globally. It is also among the cheapest platform to invest in Singapore SGX. [Market Access] Great coverage including major exchanges worldwide that allow users to truly invest in stocks & ETFs globally. All stocks & instruments in the exchange are available to trade and is not like some other platform that implements a "tradable list" that only allows trading certain stocks. [Commission Rates] The commission rate in SGX is really amazing(0.1%) without minimum brokerage and other charges. The commission rates for other regions' exchange such as Europe, London, are still acceptable as there is not much cheaper alternative platforms. However, the US stock trading commissions still need to improve as there are many cheaper alternative platforms. [Stock trading size] The platform cannot support fractional trading. Need to improve on this. [User Interface] The trading website is the best that I've used before. The functions and user interface are very complete and intuitive and stable. I can easily get all the information I want. It can suit all kinds of users such as casual users who want straight forward dashboard/report or advanced users who need all sorts of technical data and advanced configurations. All important details such as transaction details and analysis will be displayed neatly and elegantly on the platform without having the user dig it out from the complex interface. [Forex rate] The foreign currency conversion rate in the platforms is competitive and cheap and is comparable with FinTech forex platform. The platform provides multi-currency account where users can directly deposit the foreign currency into it. [Customer Service] The customer service is really helpful and try to accomodate the request. Tried to request to add some stocks & ETFs to the platform and they can do it in a day. Usually customer service will reply to an email enquiry in about half a day. [Sign-up] The sign-up is easy. It is also friendly to foreign traders as only local gov ID is needed.

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      25d ago

      Hey there! Thank you for your awesome review. We are glad that you had a good experience with our team! Do check out our current Friends with Benefits campaign to earn more rewards :)
      https://www.prosperus.asia/promotion/friends-wi...

      Posted 6d ago

      Purchased

      ProsperUs

      User friendly. Easy to execute trades and platform is clear for new users. Rates and charges are displayed clearly to ensure that user are well informed of what they are in for before the trade is executed. [User Interface]

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      2d ago

      Hey Wei Hao! Thank you for the awesome review! Check out our ongoing promotions to score more rewards :) https://www.prosperus.asia/category/promotion/

      Posted 22d ago

      Purchased

      ProsperUs

      User-friendly interface and easy to use, with a relatively wide access to international markets. Huge improvement from CGS' iTrade platform.

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      21d ago

      Hey Jake! Thank you for the awesome review! :)

      Posted 25d ago

      Purchased

      ProsperUs

      Just signed up. sign up was very fast and smooth. UI is easy to use, and easy to place order. Attractive signup bonus too. Recommended!

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      23d ago

      Hey there! thank you for the awesome review. Check out our current promos to score more rewards :)
      https://www.prosperus.asia/category/promotion/

      Posted 25d ago

      Purchased

      ProsperUs

      [Commission Rates] Not the lowest of all platforms, but still pretty decent. They also do not charge withholding fees. That said, it would be wise to invest slightly larger amounts such that the commission does not take a chunk out of the profits made. [Customer Service] There are three ways to get customer service: contacting the person assigned to you after you first sign up (they will message/whatsapp you), contacting general customer support through the phone, and sending your queries via a short form. In all cases customer service answered promptly. [Market Access] Prosperus allows access to a wide variety of markets globally, and is one of the reasons why I highly recommend the service. [Products Offered] The products offered to you will be limited by your responses to a survey when you first sign up. The information collected allows them to prevent amateur investors from investing in more complex mechanics such as Mutual Funds or ETFs, which is why I recommend it strongly for new investors.

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      23d ago

      Hey Joushua! Thank you for the awesome review.
      We are glad that you had a good experience with ProsperUs. Do check out our current promotion to score more rewards and happy investing :)
      https://www.prosperus.asia/category/promotion/

      Posted 25d ago

      Purchased

      ProsperUs

      The ProsperUs app is clean and simple to understand. Looking forward to low cost trading for the US market.

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      23d ago

      Hey BK! Thanks for the awesome review.
      Do check out our current promotions to score more rewards :)
      https://www.prosperus.asia/category/promotion/

      Posted 17 Jul 2022

      Purchased

      ProsperUs

      User interface is okay but the customer service is prompt and fast in getting issues resolved! Reliable in getting commitments honored (eg deposit, withdrawals, bonuses and rewards etc)

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      18 Jul 2022

      Hey Mark! thank you for the awesome review. Do check out our ongoing promotions to earn more rewards! :)
      https://www.prosperus.asia/category/promotion/

      Posted 15 Jul 2022

      Purchased

      ProsperUs

      [User Interface] Simple and easy to use [Customer Service] Fast and accurate response to my enquires [Market Access] Great to see access to multiple markets

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      18 Jul 2022

      Hey there! thank you for the awesome review. Happy investing :)

      Posted 15 Jul 2022

      Purchased

      ProsperUs

      Have used other platforms before deciding to give Prosperus a try. Would recommend Prosperus for trades in the SG market, particularly when transactions are not in large amounts as their commission rates are one of the lowest with no minimum charge. Their customer service could however be improved. It took awhile for them to get back to my query on the sign up bonus, causing me to miss the deadline.

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      18 Jul 2022

      Hey there! thank you for the review. We are pleased to hear that product service has matched your expectations and thank you for taking the time to provide your feedback to us to help us do better. :)

      Posted 14 Jul 2022

      Purchased

      ProsperUs

      [Others] Just Signed up with prosperus and the sign up process was very fast and smooth. They offer attractive sign up rewards too UI is very easy to understand too thank you.

      1

      What are your thoughts?

      ProsperUs

      ProsperUs

      14 Jul 2022

      Hi Fabian! thank you for the awesome review! Do check out our ongoing promotions to earn more rewards! https://www.prosperus.asia/category/promotion/
      Happy Investing :)

    Discussions (0)

      No Posts Found.

      Features and Benefits of ProsperUs      

      1. Education
        If you’re new to investing or still on your journey to learn more, ProsperUs has educational insights to guide you on the tips and tricks needed to succeed over the long term.
      2. Market Insights
        Looking for investing ideas? ProsperUs' Inspiration pieces provide seasoned and beginner investors alike with potential investment ideas from the US, Hong Kong and Singapore stock markets.
      3. Multi-Asset
        Being truly diversified means owning different asset classes. ProsperUs' comprehensive platform allows you instant access to stocks, bonds, funds, options, FX and futures, as well as many more.
      4. Multi-Market
        Access to over 30 exchanges across 11 markets such as SGX, Bursa, TSE, Amex, NYSE, NASDAQ and LSE.
      5. Funding
        Fund your account quickly and seamlessly with your personalised PayNow QR code to see instant deposits reflected in your account.
      6. Dashboard
        Long-term investor or short-term trader? Whatever your style, ProsperUs' customised investing dashboards provide you with an easy-to-use interface and everything you need to know about your portfolio.           

      Types of Platforms available with ProsperUs

      BUILD

      Features:

      • The Build account is the place to start for clients who prefer a longer-term approach to investing.
      • Portfolio views by asset class, industry sector and currency exposure.
      • Historical portfolio performance and earnings.
      • Thematic portfolios selected by our Research Analysts.
      • Build-your-own portfolio guides.
      • Tools to help you screen, filter and select the right investments.

      BOOST

      Features:

      • The Boost account is ideal for clients who prefer trading in real-time and tracking price movements and market volatility.
      • Configurable trading dashboard, customizable watchlists and alerts.
      • Price, order and technical trading data and charts.
      • Selection of trade order types to easily manage your trades.
      • Live newsfeed, technical calls and trade signals.

      ProsperUs Brokerage Fees and Charges

      Exchange

      Rookie
      S$19,999 and below

      All-Star
      S$20,000 – S$50,000

      Hall of Fame
      S$50,001 and above

      Australia Securities Exchange

      0.10% (min. AUD 8)

      0.09% (min. AUD 7)

      0.08% (min. AUD 6)

      American Stock Exchange

      Flat – USD 5

      Flat – USD 5

      Flat – USD 5

      Bursa Malaysia

      0.15% (min. MYR 30)

      0.12% (min. MYR 25)

      0.09% (min. MYR 20)

      Hong Kong Exchange

      0.15% (min. HKD 40)

      0.12% (min. HKD 30)

      0.08% (min. HKD 20)

      London Stock Exchange

      0.10% (min. GBP 7)

      0.09% (min. GBP 6)

      0.08% (min. GBP 5)

      New York Stock Exchange
      (Including ACRA)

      Flat – USD 5

      Flat – USD 5

      Flat – USD 5

      NASDAQ
      (Including NSC)

      Flat – USD 5

      Flat – USD 5

      Flat – USD 5

      Shanghai Stock Exchange

      0.12% (min. CNH 40)

      0.11% (min. CNH 30)

      0.10% (min. CNH 20)

      Shenzhen Stock Exchange

      0.12% (min. CNH 40)

      0.11% (min. CNH 30)

      0.10% (min. CNH 20)

      Singapore Exchange

      0.10%

      0.08%

      0.06%

      Tokyo Stock Exchange

      0.15% (min. JPY 1,500)

      0.12% (min. JPY 1,200)

      0.10% (min. JPY 1,000)

      Toronto Stock Exchange

      CAD 0.03/Share (min. CAD 15)

      CAD 0.02/Share (min. CAD 12)

      CAD 0.015/Share (min. CAD 10)

      Trading Fees for ProsperUs

      Visit https://www.prosperus.asia/pricing/ for the full pricing list

      Still need some help? Check out Seedly's Ultimate Online Brokerage Cheatsheet to get a second opinion!

      ProsperUs Club

      Join and be a part of the ProsperUs Club, a place where all their members can experience unique lifestyle-related perks.

      These can include specially-curated stock picks to grow your portfolio, regular lifestyle rewards and account benefits such as commission-free trades.

      Be part of a like-minded community that shares investment knowledge, from promising long-term stock ideas to how we can build a balanced portfolio.

      Finally, stay-up-to-date with the investment world via our monthly newsletter and receive extra goodies on your birthday month.

      Contact ProsperUs

      • Email: [email protected]
      • Drop them a DM on Instagram @prosperusasia
      • Visit ProsperUS by CGS CIMB on their official website

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.