Leveraging on Tiger Brokers platform
I have talked about using the Tiger Brokers platform in this comprehensive review of the up-and-coming fintech brokerage player that is looking to “revolutionize” low-cost trading here in Singapore.
Maybe revolutionize is too big of a word to be used in the current context but more of playing catch up and putting pressure on existing brokerage incumbents to follow up. This will only benefit retail investors like us, who for the longest of time have been paying a rather substantial amount in minimum commission fees that reduces our portfolio returns.
Since Tiger Brokers introduced their zero minimum brokerage fee structure, POEMS has also followed suit with such a structure while other foreign brokerage such as SAXO has also introduced “zero-commission trades” for Singapore stocks for a limited period. This is only for new sign-ups....