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When will Singapore get commission-free trading platforms?
By We Are Avant  •  September 27, 2019

Nowadays, it is common to find companies such as Robinhood, Revolut, M1 Finance and others which offers unlimited commission-free trades on US exchange-listed stocks and Exchange Traded Funds. These companies are able to offer such services due to their unique business models and large scale of current users.

The titans of the hedge fund industry such as Vanguard and iShares by BlackRock also offers extremely low expense ratios on their ETFs, and Funds. These Expense ratios can go as low as 0.03%.

InteractiveBrokers recently announced a new product "IBKR lite" on their website, which offers a simplified trading experience with unlimited, commission-free trading on US exchange-listed stocks and ETFs without any account minimums or inactivity fees.

Rejoice for us retail investors! Well not exactly, since IBKR lite appears to be available only for US citizens.

Key IBKR Lite features as highlighted from Business Wire

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By We Are Avant
At Avant co, we write articles because we want to make smarter and better financial decisions and we want to help you make those decisions. We’re not chartered accountants, we’re not investment bankers, we’re not financial advisors, we’re like you – students. Students who are clueless on how to start investing, clueless on how to start saving up to pay for a BTO down payment, clueless on how to start paying off student loans.
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