Before you start investing, one of the first things that you definitely have to do is to choose a brokerage!
Given the sheer abundance of brokerages in Singapore, many of my friends are very much confused as to which one to choose. Now, let me help you out here by giving you some tips to consider before applying your first brokerage account.
Firstly, let’s understand what a brokerage is – Think of your brokerage account as a shopkeeper who you look for when you want to buy stocks. This shopkeeper will help you buy stocks in the stock market, at the same time earning some profit through the various fees charged. The more you buy, the more they earn. Simple as that.
Now before you look into what account you want to get, always remember the 9 RULES OF SELECTING A BROKERAGE ACCOUNT.
