I m using CS.

Buy is a free commission. Sell is charge at 0.06.

any reason not to use FSM? high charges?

thought of using it because i already have funds inside there .

High commission, exchange rate not so good, dividend fees,
They are good for sg stocks and hk stocks only.

This post has been edited by Ramjade: Jul 4 2020, 02:00 PM

Thanks!

Thanks!

I'm very new in US trading. So in conclusion which is the best trading broker for US stocks and why? Please enlighten tq

Depends on what you want.
I use interactive broker white labels (Tradestation global)
It's interface is complicated but it gives me access to majority of the world's market which I need.

One alternative is trading212. Only issue you need to think is how to put in money and withdraw money. If you banks you going to get charged a lot.

I'm looking for us stocks only. I prefer a broker which has no deposit or withdrawal issues, should be cakewalk. And yeah with low fees of course.

The fe s is by Malaysian bank sides. Cannot avoid regardless if you use IB or trading212.

For IB can be bypass by using sg bank account.

Mau safe, mau cheap, mau no fees...I can tell u hard to find man. Luckily got trading 212

What are you guys favourite ETFs? I have VOO and QQQ, looking to add another tech heavy one. Any thoughts on XLK vs VGT? Both quite similar.

Hi Ozak, the 0.6% is charged by the bourse? That means if we use local broker, we have to pay local brokerage when sell plus the 0.6%? Thanks.

What is bourse?

Local broker? CS is US brokerage.

0.06 cent per trade sell . Not 0.6%.

I invested in Vanguard Extended Duration Treasury ETF (EDV) as it perform better during downturn

This is the info from an Ireland etf.

May I know why the reported 3 month return is higher than the 1 year return? Does it mean that we should invest less or about 3 months then sell this ETF? Same thing goes to 3 years vs 5 years.

How to know whether this ETF is liquid or not to prevent no buyer when selling it?

Which website can know whether they have distribute any dividend or not? By looking at the info, it does not report.

Returns calculated are based "point in time" which may be misleading.

Let's say the ETF price today is $110. Price 1 year ago is $100.
However, the price 3 months ago was $105 because people panic sell but it recovered almost immediately.

The returns will be:
1 year: 10% (110/100)-1
3 month: 19.05% [(110/105)-1] x 12/3

Thank you for your reply.

We should not rely on those point in time based return, however, I notice that it is commonly use in mutual fund, mmf,... etc.

In this case, what are the indicators that we should look for to determine whether the ETF is performing well? Is it a wise ethod to check the performance of the majority stocks underlying this ETF?

Regarding liquidity, what is your advise?

I am thinking, if we are buying foreign ETF by ourself, since all dividend generated from it will incur withholding tax then we shuld invest in Ireland issued ETF since it is the lowest tax to foreigner. Do you agree?

10 or 5 year average should be a good estimate.
Alternatively, you can take the data and calculate the return you would get had you invest a small amount everyday.
Popular index like S&P500 is known to generate around 4.8% p.a. consistently for 40 years.

You shouldn't be too worried if you invest less than 10000 units.

Irish domiciled ETFs are preferred but do check whether if there are any hidden taxes in future.

We are proud to announce the launch of 2 new ETFs, the TradePlus DWA Malaysia Momentum Tracker (0836EA) and the TradePlus MSCI Asia ex Japan REITs Tracker (0837EA)!

Thanks for your reply Ozak.
I mean the US bursa. Oh when I called CS, they told me there is a 0.6% charge on sell which is charged by the exchange. 0.06 cents per sell is charged by the exchange? then I guess CS would be a much better choice than maybank. In comparison, maybank will charge 0.4% per transaction but for CS only sell there’a a charge of 0.06 cents. Is this a correct conclusion?