For most investors, it's impossible to not hear about the newest online trading platforms, Tiger Brokers and moomoo (Futu Singapore) with their aggressive user acquisition marketing campaigns.
After signing up on both platforms and playing around with the apps for a few weeks, I can see strong reasons to move away from the traditional online brokerages and performing my investment trades on one of these two platforms.
Word of advice, this post is very long so if you just want to check out the free shares and benefits that you'll get for opening an account with Tiger Brokers and moomoo, click here to skip ahead.
The problems with traditional online brokerages
I must first declare that my experience with traditional online brokerages are limited to DBS Vickers and Standard Chartered Online Trading so readers who have more investment experience may think differently....