QUOTE(encikbuta @ May 16 2020, 09:52 AM)
so i've been invested into StashAway for a year now and thinking of making the switch to picking/choosing ETFs on my own to save on management fees. Currently, StashAway is charging 0.8% p.a. management fee since i'm holding less than RM50k in their account.
i've been glancing thru this thread and there really isn't a clear cut answer on which broker is most suited for my purpose so maybe I could ask your help to clue me in? Basically looking for a StashAway 'replacement' with lower fees and allows me to conduct DCA of RM500/month to purchase USA-based ETFs. Plan to hold long term and not intending to day trade.
I see so many fees in these alternative brokers like inactivity fees, withdrawal fees, min deposits, etc that i'm confused.
heck, maybe just sticking to StashAway is the way to go for sum1 like me? maybe taking everything into account, 0.8% p.a. fee charged by StashAway isn't that high at all?
u can try etoro no fee per trade
https://www.etoro.com/trading/market-hours-.../?category=etfseToro fees – General information
eToro does not charge a deposit or clearing fees.
eToro charges a flat $5 fee on all withdrawals. The minimum withdrawal amount is $30.
Long (BUY), non-leveraged stock and ETF positions are not executed as CFDs and do not incur commission (they incur conversion and withdrawal fees).