The Reddit movement that propelled meme stocks to the moon in early 2021 really brought the focus on the potential of discount brokers. In Singapore, the scene has also been heating up with fintech entrants such as Tiger Brokers and Moomoo by FUTU. They come showering with generous sign-up gifts that are too good to refuse. In response, the incumbents have not sat still either. Phillip’s On-line Electronic Mart System (‘POEMS’), developed by Phillip Securities, has come up with an attractive promotion of flat fees for US and HK markets as well as no minimum commission for SG market. With all these various promotions by new entrants and incumbents crowding the sector, I have decided to review and compare brokerage fees of Tiger Brokers vs Moomoo vs POEMS in a blog article. BROKERAGE FEES For a meaningful comparison of the brokerage fees charged by the aforementioned trading platforms, I have assumed the rates applicable for Starter Tier under...