I FOUND The Best Brokers In Singapore 2024

Spreadsheet: ko-fi.com/s/949a4780ce
INVESTING
► Interactive Brokers kvli.link/ibkr
► Webull (free stock) kvli.link/webull
► Moomoo SG (free stock) kvli.link/moomoo
► Tiger Brokers (free stock) kvli.link/tiger
► CMC Invest kvli.link/cmcinvest
► Longbridge kvli.link/longbridge
► uSMART (free stock) kvli.link/usmart
► ProsperUs (free stock) CODE "KELVIN20" kvli.link/prosperus
► POEMS Cash Plus kvli.link/poems
► Saxo kvli.link/saxo
►‌ FSMOne CODE "P0425931" kvli.link/fsmone
► moomoo US (free stocks) kvli.link/moomoous
► Syfe kvli.link/syfe
► StocksCafe kvli.link/stockscafe
ROBOADVISORS
► Endowus (free $20) kvli.link/endowus
► Syfe kvli.link/syfe
► MoneyOwl (free $20) kvli.link/moneyowl
► StashAway (50% off fees) kvli.link/stashaway
► AutoWealth (free $20) CODE "KelvinLearnsInvesting" kvli.link/autowealth
► UOBAM Invest kvli.link/uobaminvest
CRYPTO
► KuCoin kvli.link/kucoin
► Crypto.com app (free $25) CODE "kelvinlearnsinvest" kvli.link/cryptoapp
► Crypto.com exchange CODE "kelvinlearnsinvest" kvli.link/cryptoexchange
► Coinhako (20% discount) kvli.link/coinhako
►‌ Coinbase (free $10) kvli.link/coinbase
►‌ Independent Reserve kvli.link/independentreserve
►‌ Tokenize Xchange kvli.link/tokenize
► Ledger kvli.link/ledger
► Trezor kvli.link/trezor
RESEARCH
► Seeking Alpha (offer price) kvli.link/seekingalpha
► Simply Wall St kvli.link/simplywallst
► TradingView kvli.link/tradingview
PAYMENT
► Trust Bank (free $10) CODE "R2MQBA4S" kvli.link/trust
► Instarem Amaze CODE "plTefu" kvli.link/amaze
► CardUp ($30 off) CODE "KELINVEST" kvli.link/cardup
► ipaymy kvli.link/ipaymy
► Revolut kvli.link/revolut
► YouTrip (free $5) kvli.link/youtrip
► BigPay (free $5) CODE "QBHVUHL7HU" kvli.link/bigpay
► Wise (free transfer) kvli.link/wise
► SIA Kris+ (free $5) CODE "T425139" kvli.link/krisplus
► DBS Paylah (free $5) CODE "AHVULE614"
► FavePay (free $1) CODE "FAVETANKEL" kvli.link/fave
LIFESTYLE
‌► Envato kvli.link/envato
►‌ ‌Ohmyhome kvli.link/ohmyhome
0:00 - Intro
0:52 - Fees
6:29 - Features
9:29 - Pros and cons
9:53 - Conclusion
None of this is meant to be construed as investment advice. It's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites.

[@KelvinLearnsInvesting]

Spreadsheet: ko-fi.com/s/949a4780ce INVESTING ► Interactive Brokers kvli.link/ibkr ► Webull (free stock) kvli.link/webull ► Moomoo SG (free stock) kvli.link/moomoo ► Tiger Brokers (free stock) kvli.link/tiger ► CMC Invest kvli.link/cmcinvest ► Longbridge kvli.link/longbridge ► uSMART (free stock) kvli.link/usmart ► ProsperUs (free stock) CODE "KELVIN20" kvli.link/prosperus ► POEMS Cash Plus kvli.link/poems ► Saxo kvli.link/saxo ►‌ FSMOne CODE "P0425931" kvli.link/fsmone ► moomoo US (free stocks) kvli.link/moomoous ► Syfe kvli.link/syfe ► StocksCafe kvli.link/stockscafe ROBOADVISORS ► Endowus (free $20) kvli.link/endowus ► Syfe kvli.link/syfe ► MoneyOwl (free $20) kvli.link/moneyowl ► StashAway (50% off fees) kvli.link/stashaway ► AutoWealth (free $20) CODE "KelvinLearnsInvesting" kvli.link/autowealth ► UOBAM Invest kvli.link/uobaminvest CRYPTO ► KuCoin kvli.link/kucoin ► Crypto.com app (free $25) CODE "kelvinlearnsinvest" kvli.link/cryptoapp ► Crypto.com exchange CODE "kelvinlearnsinvest" kvli.link/cryptoexchange ► Coinhako (20% discount) kvli.link/coinhako ►‌ Coinbase (free $10) kvli.link/coinbase ►‌ Independent Reserve kvli.link/independentreserve ►‌ Tokenize Xchange kvli.link/tokenize ► Ledger kvli.link/ledger ► Trezor kvli.link/trezor RESEARCH ► Seeking Alpha (offer price) kvli.link/seekingalpha ► Simply Wall St kvli.link/simplywallst ► TradingView kvli.link/tradingview PAYMENT ► Trust Bank (free $10) CODE "R2MQBA4S" kvli.link/trust ► Instarem Amaze CODE "plTefu" kvli.link/amaze ► CardUp ($30 off) CODE "KELINVEST" kvli.link/cardup ► ipaymy kvli.link/ipaymy ► Revolut kvli.link/revolut ► YouTrip (free $5) kvli.link/youtrip ► BigPay (free $5) CODE "QBHVUHL7HU" kvli.link/bigpay ► Wise (free transfer) kvli.link/wise ► SIA Kris+ (free $5) CODE "T425139" kvli.link/krisplus ► DBS Paylah (free $5) CODE "AHVULE614" ► FavePay (free $1) CODE "FAVETANKEL" kvli.link/fave LIFESTYLE ‌► Envato kvli.link/envato ►‌ ‌Ohmyhome kvli.link/ohmyhome

[@SkinnyManProduction]

IBKR link does not seem to be working, is there any signup promo?

[@MC-learns-to-retire]

Thanks Kelvin! 👍 U are the rare few providing lots of research and background and even provided spreadsheets for reference; not just talking vaguely on complex subjects.

[@littleocean93]

Thanks for the great comparison!

[@roulettec]

Thank you! Very useful!

[@hex6593]

Great work! Thanks

[@tonywee4883]

Which broker offer non custodian account? For IBKR, are the offering the same whether it is a US or Singapore account? Are there any maintenance fees for from IBKR for holding ASX stocks?

[@aikkhinheng2574]

Hi Kelvin, may I know how to download the free spreadsheet? Do we need to sign up the Ko-fi account to download it?

[@BoonTee]

Thanks Kelvin for the comparison table. May I know for right issuance, can we use Moomoo to subscribe? If we wanted to request for additional allotment, is it easy to do it using Moomoo? I mean for Singapore stocks. It is very common for REITs to have right issuance

[@KelvinLearnsInvesting]

Posting the reply from here www.moomoo.com/community/feed/110466809331717 Typically, you will get an email from moomoo ([e-mail]) asking you what you want to do: option 1: exercise the rights allotted, option 2: no action (default) You have the option to apply for excess rights on top of your allotment but this is not guaranteed - so it can be fully/partially accepted or rejected (same for CDP). You will have to reply to them by a certain cut-off date (usu. earlier than CDP), and ensure you have enough fund for deduction on this cut-off date. The default action will apply if they do not hear from you by cut-off date or your account does not have enough fund for deduction on the cut-off date.

[@taido4883]

Thanks Kevin for the very useful content! If I use a Singapore bank account, which broker would you recommend to avoid service fees for currency exchange rate?

[@KelvinLearnsInvesting]

There’s no service fee. The currency exchange rate depends on the broker, rather than the bank.

[@hillland824]

Thanks Kelvin.

[@user-bl1yh2mo3y]

HI Kelvin, if I already got USD, which are the best brokers to buy US and UK stocks besides IBKR? Am I able to fund with USD to CMC?

[@qartz85]

Hi Kelvin, would you please advise if there is $2 charges for Interactive Broker every month if I do a recurring monthly investment? I'm only starting at us$200/month, so am concern that high cost will eat into gains if any

[@limy0018]

Hi Kelvin. I am now in Malaysia, can I use any of the platform to purchase Singapore share? Tq

[@GDragon11123]

what about etoro?

[@leaptech510]

Just curious, why no mention about DBS Vickers cash upfront for sg market?

[@KelvinLearnsInvesting]

The fee is $10. Not exactly a low cost broker

[@ambengfan]

Isn't webull cheap considering the fact if one was to purchase 1000bux per mth once, its only 50c. But it gets pricey on the selling??

[@KelvinLearnsInvesting]

Can show me your calculation?

[@uangweb]

Is the recurring fees only applied to the recurring plan?

[@KelvinLearnsInvesting]

Recurring fees apply to the holdings, not recurring plan

[@mangchong]

Novice here. What is the difference between odd lot and fractional share?

[@kentan-tu3be]

Odd Lot = 11 shares. Fractional shares=0.5 shares

[@persieprince9345]

Ibkr for the win

[@singlim2327]

U didnt mention china or hk shares or etfs?

[@KelvinLearnsInvesting]

It’s probably at 3:47

[@jianyao1681]

How come when I compare between moomoo and webull for sg market, moomoo is cheaper?

[@KelvinLearnsInvesting]

In terms of commission fees, moomoo is indeed cheaper when trading large amounts, cos of their fixed fee. But you also need to take into account the currency conversion loss. Webull fx rate is better than Moomoo

[@jianyao1681]

@KelvinLearnsInvesting I understand but for SG market no conversion fee when we are investing in sgd. Can I conclude that for a Singaporean who investing in SG market, Moomoo is the cheapest as compared to webull after adding up all the fees?

[@user-uh9bi4wl6d]

i think u shld mention about the risk of custody account by these brokers

[@KelvinLearnsInvesting]

Covered here kzbin.info/www/bejne/oKewknmvba97lc0si=X0NGdztRrFbqJObs

[@ocy138]

Can i use these brokers to sell my existing shares held in CDP account?

[@KelvinLearnsInvesting]

Cannot, cos most of them no link to cdp. But i think tiger got link, u can try research that. One way is to do a transfer of shares to the new broker, some brokers have shares transfer in promo now

[@daveityt]

fund supermart can. not sure about the rest.

[@kentan-tu3be]

poems can.

[@kowwende]

Hi how about AXI broker?

[@KelvinLearnsInvesting]

That broker is more for trading eh..

[@williamlow5655]

Moo moo and tiger for sure , Ibkr if you wanna deposit the exchange is alway -$2 so u need like a certain amount that you won’t lose to the exchange fee .. as for moo moo and tiger when you put in 10 dollar also can change to usd no need deduct fee

[@ammo_conscious]

what about octa? been hearing alot about them given that they can trade fx and commodities as well

[@IshaanOctaRepresentative]

Hi! We apologise for not being able to respond to you earlier. Thank you for mentioning Octa and showing an interest in trading. We would like to inform you that Octa offers 5 currency pairs, 30 cryptocurrencies, 2 metals, 3 crude oils, and 4 indices. MT5 offers 35 currency pairs, 30 cryptocurrencies, 2 metals, 3 crude oils and 10 indexes for CFDs trading. The minimum volume starts at 0.01 lot, and you can use a leverage of 1:500. For further information please contact customer support. We’re always glad to assist our customers.

[@darylyang2209]

Best broker to buy Ireland sp500?

[@KelvinLearnsInvesting]

Look at 5:01

[@Huatgaobaydinchu]

tigerrrrr

[@M43782]

IBRK is the best. No discussion.

[@KelvinLearnsInvesting]

Got pros and cons. Yes, best in terms of pricing. But lacking in some other places

[@senthilkumar-dq1tv]

Able to one purely for options. In terms of margin loans and amount of margin allocated with fees as well for trading?

[@raymondng2699]

Not true that Poems has zero commission for Poems. There is a SGD25 for all trades I make.

[@KelvinLearnsInvesting]

Are you using their cash plus account or cash management account? The account that I’m referring to here is the cash plus account

[@raymondng2699]

@KelvinLearnsInvesting Nope, just the usual one. I have this account for decades and my lousy broker did not advise me. That is why I am looking to switch.

[@KelvinLearnsInvesting]

@@raymondng2699 If you don't need the CDP feature. It's better to switch to save on fees