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The Best Stock Trading Platform NOW: Interactive Brokers
By Learn To Invest  •  April 27, 2022
Interactive Brokers (IBKR), which has been listed on the NASDAQ since 2007, is a low-cost online brokerage service that allows you to invest worldwide in a range of asset classes. This includes stocks, options, futures, currencies, bonds and funds. Why is IBKR the most comprehensive platform out there NOW? Product summary (based on IBKR Pro):
  • What you can invest in: StocksOptionsFuturesCurrenciesBonds and Funds
  • Minimum balance required: US$0
  • Maintenance fee: None — IBKR has recently removed this fee, which was previously up to US$10 per month, less commission paid that month.
  • Fees for Singapore stocks:
    • (Fixed Pricing): 0.08% of trade value (min. S$2.50 per order)
    • (Tiered Pricing): 0.08% of trade value (min. S$2.50 per order)
  • Fees for US stocks:
    • (Fixed Pricing): US$0.005 per order (min. US$1 per order, max. 1.0% of trade value)
    • (Tiered Pricing): US$0.0035 per order 
  • Fees for HK stocks:
    • (Fixed Pricing): 0.08% of trade value (min. HK$18 per order)
    • (Tiered Pricing): 0.05% of trade value (min. HK$18 per order)
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By Learn To Invest
Not an investment genius, but someone who is learning and sharing my findings on personal finance and investing. I have amassed my knowledge through internships, amazing mentors and books. I developed this blog to document my investment path and demonstrate to the general public that anyone can learn to manage and increase their own money with the right framework of investing and thinking. In that spirit, I intend to share my thoughts and opinions as open as possible in this blog. Because of familiarity and my knowledge with the SG companies, I began my investing in SG markets in 2019. I eventually expanded to invest in the Hong Kong and the United States markets.
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