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How I chose my Stock Broker and Why I switched from SAXO to Interactive Brokers
By Dollar Triumph  •  August 23, 2020
Having had the experience of opening accounts in both brokerage firms, thought I should share my thoughts on the positives and things to be improved on with both sides. Over the course of the Circuit Breaker, I started my monthly DCA journey into the Vanguard ETFs (VWRA) as a means to diversify my investments outside of the STI. Through this time period, I have done plenty of research and picked the ideal brokerage firm for my investment habits. Let me start off by listing down my requirements:
  • Able to trade US, HK, AU, UK and SG stocks (not too particular about SG stocks because I am using DBS Vickers for that)
  • Am not a trader so will only be executing <5 trades a month
  • Either Custodian or CDP was alright
I first crawled through the trove of information readily available on the internet on the top brokerages to go with why they...
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By Dollar Triumph
DollarTriumph is the brainchild of a mid 20s, Singaporean male who decided that documenting his adulting experience would be a good idea as he embarks on the journey to become financially free before 45 and have the financial freedom to pursue experiences outside of the corporate world.
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