Let me caveat this article by saying that, I believe that FSMOne is the best broker for Regular Savings Plan (RSP), which has the same principle as Dollar Cost Averaging (DCA). This is mainly due to its security as well as its user-friendliness for beginners. Personally, I use FSMOne for their RSP so I can DCA into Exchange Traded Funds monthly. This article will be reviewing my thoughts about their service after using it for a few months.

Features of RSP

• 1290 Unit Trusts
• 49 ETFs
• 10 Managed Portfolios
• Low Cost (0.08%)
• Low Starting Amount ($50)

Competitors – Why pick FSMOne instead of the more established competitors?

It is mainly due to its low fees. FSMOne offers really competitive fees and a wide variety of ETFs (ideal for beginners). Many investors drool at the sound of DCA because they do not need to worry about timing the market. Moreover, investing a fixed amount every month sounds logical as well....