Fundsupermart Stock Broker, Lower brokerage fee 0.05%
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 Oct 11 2021, 07:34 PM
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#1
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All Stars
24,433 posts Joined: Feb 2011  
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QUOTE(infested_ysy @ Aug 5 2021, 11:00 PM) I'm interested to buy NYSE stocks through fsmone, but why la the fees so high. $8.8... Cause they are sg brokerage and lots of Singaporean prefer the safety of a physical office.  Avoid FSM for us stock at all cost. Go with Moomoo, TD or interactive broker. |
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Oct 20 2021, 12:19 PM
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#2
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All Stars
24,433 posts Joined: Feb 2011
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QUOTE(mois @ Oct 15 2021, 07:54 PM) For investor, it is very convenient can use FSM to buy US stocks. Like one app to rule them all. Can instantly change RM to USD at reasonable rate as well. For trader maybe not suitable due to usd8/trade Still expensive. Paying USD8.80 Vs USD0.35/transaction or even USD0.00. Big differences. |
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Oct 21 2021, 11:24 PM
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#3
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All Stars
24,433 posts Joined: Feb 2011
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QUOTE(xander83 @ Oct 20 2021, 01:50 PM) Let him be as he likes to make banks and brokers richer I can only share how share how to keep more money for one ownself. Up to that person if he wants to make banks and brokerage richer or make himself richer. |
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Oct 26 2021, 07:21 PM
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#4
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All Stars
24,433 posts Joined: Feb 2011
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QUOTE(TOS @ Oct 26 2021, 06:21 PM) There is a reason I am an iFAST shareholder Watch out. With moomoo and tiger, it's only a matter of time before iFast also burns cash to compete with them. I am rooting for Moomoo as they are backed by tencent. |
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Oct 26 2021, 09:21 PM
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#5
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All Stars
24,433 posts Joined: Feb 2011
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QUOTE(TOS @ Oct 26 2021, 07:28 PM) I foresee that day to come. In HK, moomoo ads appear everywhere, on public buses, in almost all MTR stations. I don't have stakes in futu but I have tencent HK version. No way ifast can compete if they don't burn money or else guarantee to lose market share.You should beware of regulatory risk too. Anyway, I didn't know you have stakes in Futu. You write options on Futu stocks listed in NASDAQ? I heard it's a good platform. This is coming from sg investors who don't bother about sg stocks at all (same boat as them who love to buy when market is red). They are mainly using IBKR and TD. They said they are impress with moomoo. I only have tiger and so far so so. I didn't open Moomoo yet so can't comment if it's better than tiger. TOS liked this post
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