How To Choose The Best Singapore Stock Broker

There are so many brokers in Singapore. If you choose the wrong broker, you will end up paying a high commission fee. In this video, I’ll show you what brokers are available and how to choose the best Singapore stock broker, enjoy!

INVESTING
► Interactive Brokers https://kvli.link/ibkr
► Webull (free stock) https://kvli.link/webull
► moomoo Futu SG (free stock) https://kvli.link/moomoo
► Tiger Brokers (free stock) https://kvli.link/tiger
► uSMART (free stock) https://kvli.link/usmart
► POEMS Cash Plus https://kvli.link/poems
► Saxo https://kvli.link/saxo
► moomoo US (free stocks) https://kvli.link/moomoous
► Syfe https://kvli.link/syfe
► Seeking Alpha (offer price) https://kvli.link/seekingalpha

ROBOADVISORS
► Endowus (free $20) https://kvli.link/endowus
► Syfe https://kvli.link/syfe
► MoneyOwl (free $20) https://kvli.link/moneyowl
► StashAway (50% off fees) https://kvli.link/stashaway
► AutoWealth (free $20) CODE "Tan Kel Vin" https://kvli.link/autowealth

CRYPTO
►‌ Gemini (free $10) https://kvli.link/gemini
► KuCoin https://kvli.link/kucoin
► Crypto.com app (free $25) CODE "kelvinlearnsinvest" https://kvli.link/cryptoapp
► Crypto.com exchange CODE "kelvinlearnsinvest" https://kvli.link/cryptoexchange
► Coinhako (20% discount) https://kvli.link/coinhako
►‌ Luno (free $5) https://kvli.link/luno
►‌ Coinbase (free $10) https://kvli.link/coinbase
►‌ Independent Reserve https://kvli.link/independentreserve
►‌ Tokenize Xchange https://kvli.link/tokenize
► Ledger https://kvli.link/ledger

PAYMENT
► Trust Bank (free $10) CODE "R2MQBA4S" https://kvli.link/trust
► Instarem Amaze CODE "plTefu" https://kvli.link/amaze
► CardUp ($30 off) CODE "KELINVEST" https://kvli.link/cardup
► ipaymy https://kvli.link/ipaymy
► GooglePay (free $3) CODE "eo13e2v" https://kvli.link/googlepay
► Revolut https://kvli.link/revolut
► YouTrip (free $5) https://kvli.link/youtrip
► BigPay (free $5) CODE "QBHVUHL7HU" https://kvli.link/bigpay
► Wise (free transfer) https://kvli.link/wise
► SIA Kris+ (free $5) CODE "T425139" https://kvli.link/krisplus
► DBS Paylah (free $5) CODE "AHVULE614"
► FavePay (free $1) CODE "FAVETANKEL" https://kvli.link/fave

LIFESTYLE
‌► EverDesk Table (up to $145 off) CODE "22+KLI" https://kvli.link/everdesk
► ErgoTune Chairs (up to $30 off) CODE "22+KLI" https://kvli.link/ergotune
► Bokksu ($15 off) CODE "KELVINLEARNSINVESTING" https://kvli.link/bokksu
► Qoo10 https://kvli.link/qoo10
► Shopback (free $5) https://kvli.link/shopback
► Klook (free $5) https://kvli.link/klook
► Planner Bee https://kvli.link/plannerbee
► Envato https://kvli.link/envato
►‌ ‌ExpressVPN https://kvli.link/expressvpn

SOCIALS
► Instagram https://kvli.link/instagram
► Telegram https://kvli.link/telegram
► Twitter https://kvli.link/twitter

0:00 - Intro

0:47 - Types of Brokers Available
Brokers with CDP account allow you to buy/sell through different brokers. But their trading fees are super expensive.

Brokers with custodian account holds your stocks for you. You can only use the same brokers to buy/sell. But their trading fees are very cheap.

1:43 - Stock Broker Comparison
https://blog.seedly.sg/the-ultimate-c...

02:52 - CDP Broker
If you don’t mind paying a high fee, and really need the convenience of buying/selling stocks through different brokers, use CDP broker.
https://seedly.sg/reviews/online-brok...

Personally I feel that convenience is unneeded as you can easily transfer the stocks over if needed. You would also need to get used to the new broker if you decide to transfer over.

5:05 - Custodian Broker
You can use Tiger Broker
   • Tiger Brokers Review | Best Singapore...  

or Moomoo.

Another option is Interactive Broker. However Interactive Broker charges $10 monthly maintenance fee if your total asset is lesser than $100k. A trick is to use Tiger Broker or Moomoo at the start, then transfer over to Interactive Brokers when you reach $100k.

6:55 - Summary