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 CGS/CIMB Prosperus - new broker for US UK stocks, Flat 0.1% for UK stocks and UCITS

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Gwynbleidd
post Jun 10 2021, 09:36 PM

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The no minimum fee structure seems really attractive.

QUOTE(honsiong @ Jun 10 2021, 08:52 PM)
DUDE. It can trade LSE?? (Tiger and moomoo cant)

Meaning I can buy VWRA cheaply with this and avoid US estate taxes and 30% div tax?

Referral code mari!!
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Why not IBKR (TSG)?

This post has been edited by Gwynbleidd: Jun 10 2021, 09:50 PM
Gwynbleidd
post Jun 24 2021, 12:32 PM

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Only some exchanges have minimum fees. Forex is free too. Hong Kong Exchange does not seem to have a minimum fee according to the website. That article could be accurate at that point of time only.

This post has been edited by Gwynbleidd: Jun 24 2021, 05:07 PM
Gwynbleidd
post Jun 28 2021, 11:28 AM

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QUOTE(honsiong @ Jun 26 2021, 02:32 AM)
Yeah. That's why I dont mind slightly higher commission from prosperus, I get to use a local known bank CIMB, Singapore licensed, easy for Singapore bank account holder.
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Can you explain the higher commission part? I don't seem to know any better pricing structure especially for those with small amounts of money to invest.

This post has been edited by Gwynbleidd: Jun 28 2021, 11:29 AM
Gwynbleidd
post Jun 29 2021, 02:59 PM

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My major issue with Prosperus for now is the terrible search bar. But that's not the worst part, I found many instruments that are not available! For example VWRA's GBP/EUR version, VWRP/VWCE are not available. So goodbye Prosperus, maybe, for now. Even IBKR is not perfect, it doesn't have all the listings of one product but at least one is available.

This post has been edited by Gwynbleidd: Jun 30 2021, 06:55 PM
Gwynbleidd
post Jun 30 2021, 06:44 PM

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QUOTE(honsiong @ Jun 29 2021, 03:59 PM)
According to seedly Q&A, there will be minimum GBP 9 commission to be charged after 2021.
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Went through the Q&A. It seems that there will be no minimum commission for all exchanges until end of 2021. Hmm.

This post has been edited by Gwynbleidd: Jun 30 2021, 06:50 PM

 

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