Jan 12 2022, 04:35 PM
QUOTE(KingArthurVI @ Jan 12 2022, 01:27 PM)
What's the real long-term cost difference between say buying an ETF on something SC-approved like FSMOne vs. something like IBKR? Is it significant if for every trade I execute they're above RM10k? I view ETFs as a long-term investment vehicle so I tend to save up and then lump sump a couple times a year. In that case, would IBKR still provide a significant cost advantage over the "safety" of local SC-approved options?
IBKR has its own certification from the US. And it's been there for so long already. Well known to be the cheapest broker to buy US or Europe stocks or elsewhere.
For local brokers they charge insane fees a trade.
So really don't see why not just stick with Interactive Brokers. IB also removed their inactivity fee hence why they so popular now.
Remember to sign up with a referral link so that will get bonus IBKR shares for every 100usd deposited. PMed you my link.
This post has been edited by Davidtcf: Jan 12 2022, 04:37 PM
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