Costs eat into our investment returns, so it is important that we pick a brokerage that helps us keep our transaction charges low. With online brokerages today like Futu, you can now get a free Apple (NASDAQ:AAPL) share + other freebies with moomoo when you open your account before 30 April 2021.
If this is your first time hearing about moomoo, they're the global version of China's Futubull (富途牛牛). Widely used in China and Hong Kong to gain access to the HK and US markets, Futu Holding Limited has over 13 million users worldwide, so it was exciting to hear that they're finally coming to Singapore!
How many of you remember our earlier years of investing, where we had limited options for brokerages in Singapore and had no choice but to pay $20 - $25 per trade?
Coupled with minimum lot sizes (which used to be 1000 shares per SGX counter back in those days) and the importance of keeping our investment costs under 1% (given that...
