Singaporeans are spoilt for choice when it comes to choosing the best online broker for their trading needs. With so many brokerage firms out there, choosing the best trading platform can be a tedious and daunting process.
Red real user reviews to help narrow down your search and understand some of the main factors that users look out for when choosing the best brokerage.
An online brokerage is a company that helps an investor execute his buy and sell orders. The role of the company is to act as a trading platform and in return, charges a fee or commission for the orders it executed.
Before you head over to get started on opening a brokerage account, here what one will need:
To note: One can deal with numerous brokerages and trading platforms, but ultimately, all the stocks will be held in one CDP securities account.
Currently there are a few major Online Brokerages in Singapore.
They are mainly:
To help Singaporeans make smarter personal finance decision, here are some tools to help you:
One can read up our comparison article on all these trading platforms here: