Investing
Best Online Brokerages and Trading Platforms in 2024. Apply Via ValueChampion Now!
New and existing users- Get up to US$450 transfer fee subsidy and US$10,000 NVDA shares when you transfer in shares.
Webull Online Brokerage
Webull has some of the lowest trading fees currently available, making it suitable for those who are just getting started with investing or those with a small investment budget.
Pros
- Supports fractional trading for US stocks
- Allows you to earn interest on your idle cash
- Allows you to automate your investing
Cons
- Trading of US stocks during overnight hours has slightly higher commission fees than during regular and extended hours
- Limited investment features
Moomoo
moomoo by FUTU is a great brokerage for investors who are looking for a platform that allows them to get the most bang for their buck.
Pros
- Lowest commission fees in Singapore
- Lifetime $0 commission for US stocks
- No minimum income requirement
Cons
- Commission free trades only apply to US stocks, does not apply to SG or HK stocks
- High margin rates
Tiger Brokers
Tiger Brokers is one of the cheapest online brokers on the market.
Pros
- Low cost trading fees
- Cheap trades on the HKSE
- Easy to use platform
Cons
- Limited market access
SAXO Capital Markets
An excellent, low-cost platform that offers great market access.
Pros
- Low-fee brokerage with great user interface
- Access to international markets
- Fees for higher-tier monthly plans can be waived with points
- Earn interest on uninvested cash without any lock-in period for higher-tiered accounts
Cons
- Interest on cash balance not available for the Bronze account plan
uSMART
With its innovative SMART features, extensive learning affordances, and some of the cheapest commission fee rates for the SG and HK markets, uSMART is the perfect option for new and fresh investors.
Pros
- Lowest commision fees for SG and HK markets
- SMART features for convenient trading process
- Educational features to guide new investors
Cons
- Does not support mutual funds or bonds trading
City Index
City Index is the perfect choice for experienced traders that want to trade CFDs exclusively.
Pros
- Great for experienced CFD trader
- International CFDs available
Cons
- Not the best for inexperienced traders
IG Online Brokers
IG is an online trading platform, offering traders access to over 13,000+ financial markets in CFDs for indices, forex, shares, commodities and more.
Pros
- Broad range of CFD products
- Competitive Forex trades
Cons
- Not the lowest costs to trade
