If you are an active trader, you’d know that choosing the right broker is half the battle won. Not only do high commission fees eat into any potential profits, having a trading platform that is not user-friendly can also cause lots of frustration or trading mistakes. Here’s a look at some factors you should consider when choosing a stock brokerage in Singapore.
Trading fees
Trading fees are part of the cost paid to your broker when you trade. These fees can differ with regards to the type of products you trade, the trading size, as well as the market access. The amount of fees paid is important because they should be included as the cost of investment and will affect the total returns you make. Do bear in mind that these fees are typically charged on both the purchase and sale of your stocks. Other than brokerage fees, other additional ......