I Compared ALL Stock Brokers with Zero Commission in 2022

STOCK BROKERS & INVESTING

CREDIT CARDS & PAYMENT APPS

E-COMMERCE & SHOPPING
🏬 Lendlease Plus $5 referral code NsHQKY
🐠 Marina Square $5 referral code EoQjdG

ROBO-ADVISORS

If you sign up for any of these services using my link, I will earn a small commission which helps support my channel at NO additional cost to you. And you will definitely get some referral benefits as listed here!

Disclaimer: Information provided in the video are not meant to be taken as professional financial advice and are strictly for entertainment purposes only. The content shared is based on the creator’s personal experience and results may vary from each individual’s personal finance situation i.e. DYOR

_________________________________________________

This video is not sponsored by any stock brokerage.
Therefore I can finally make an unbiased review of all the zero commission brokers that I have used

Comparing Commission & Platform fees only
Excluding regulatory fees from Securities & Exchange Council (SEC), Trading Activity and Settlement, and clearing & custody fees for SGX since all will be the same

Syfe Trade (Code: HONEYMONEY)

US Market
Commission fees
First 3 months: 5 free trades / month, then US$0.99 / trade
Use code “HONEYMONEY” for $70 when you deposit at least SGD 2000
After 3 months: 2 free trades / month, then US$1.49 / trade
No Platform fees

SG Market
Commission fees
0.06% x traded value (min. S$1.98)

Tiger Brokers Singapore

Account Opening offer
- Unlimited Commission-Free Trades for HK & SG & China A Stocks in 365 Days
- Unlimited Commission-Free Trades for U.S. Stocks in 180 Days
- 1 GRAB Share
- Receive SGD 88 with First Deposit ≥ SGD 1,000 with 5 New BUY Trades

US Market
Commission fees (first 180 days free)
USD 0.005 / Share, Min. USD 0.99 / Order
Platform fees
USD 0.005 / Share, Min. USD 1 / Order

SG Market
Commission fees (first 365 days free)
0.03% * Trade Value, Min. SGD 0.99 / Order

Platform fees
0.03% * Trade Value, Min. SGD 1 / Order

moomoo Singapore
Account Opening offer:
- Lifetime commission-free in the U.S. stock market*
- 10x $2 Cash Coupon for investing S$100 in moomoo cash plus
- 1 chance to spin the stock wheel & get up to 1 AAPL share

US Market
Platform fees $0.99 per order (Free for 1 year)

SG Market
Commission 0.03% * Transaction amount, min 0.99 / Order
Platform fees 0.03% * Transaction amount, min 0.99 / Order

uSMART Singapore Code nn8gx7
Open uSMART Standard Account
- 0.02 TSLA Shares
- 6x USD 30 Cash voucher if you deposit & maintain USD 1500 / SGD 2160, with 3 trades

US Market
No Commission till 31 Dec 2022
Platform fees USD 0.005 Per Share, Minimum USD 1.00 Per Order

SG Market
No Commission till 31 Dec 2022
Platform fees 0.03% * Transaction Amount, no minimum

Webull Singapore
Zero commission and platform fees (valid until updated)
USD 150 Cash voucher when you
- Deposit at least $2000 and hold for 30 days
- Make 1 US Stock/ETF order min USD 100
- Buy 1 call/put option (as low as $1)
No SG market access for Webull yet

[HoneyMoneySG]

STOCK BROKERS & INVESTING

CREDIT CARDS & PAYMENT APPS

E-COMMERCE & SHOPPING
🏬 Lendlease Plus $5 referral code NsHQKY
🐠 Marina Square $5 referral code EoQjdG

ROBO-ADVISORS

If you sign up for any of these services using my link, I will earn a small commission which helps support my channel at NO additional cost to you. And you will definitely get some referral benefits as listed here!

Disclaimer: Information provided in the video are not meant to be taken as professional financial advice and are strictly for entertainment purposes only. The content shared is based on the creator’s personal experience and results may vary from each individual’s personal finance situation i.e. DYOR

[poorinvestor]

What about the conversion rates from sgd to usd? Maybe an overall comparison with the conversion fees would be more helpful

[dehonglim]

Please do a new unbiased brokerage review for SRS investments too, including POEMS, DBS Vickers, OCBC and FSMOne. I’m only DCA once a year through SRS for the max of $15300 before end of every year. Thanks

[terence]

If you trade mainly US equities, TD Ameritrade is one of the best

[desmondpoh]

What about TD Ameritrade? Another important factor I would consider is US pre/post market trading times. MooMoo, Tiger both allows US pre/post market trading. TD allows US pre/post market trading but TD's pre market only starts at US 7am instead of 4am. Despite the shorter US pre-market trading, TD is my favorite brokerage. I like their ThinkandSwim platform and also monthly statement is clear and detailed.

[benk]

Novice here... can shed some light over all these zero or low commission online brokerages on how they make their money, and why are they able to charge such low fees against the traditional brokerages like kim eng, uob kay hian etc. Any catch?

And why do some still prefer the traditional brokerages?

Still deciding but I think the main attraction for traditional brokerages is that the stocks are deposited with CDP. Is this the main reason why they are more costly?

[SenkodanT]

Could you pls include fx conversion spread unless you have found a way of transferring USD directly into one or more of these brokerage accounts?

[czr]

Hi Thoughts on Roboadvisors vs Buying ETF yourself through brokers?

[CowboyCodes]

I'm interesting Options trade in HK market ? Which is best brokerage @Chris

[melonmusk]

webull has this options bp which is really annoying if u are buying options

[Mastermohil]

Hi bro, the moo moo broker is good for long-term investment?

[FAHEEMRAZA]

Any good broker wo working in Pakistan zero free commission kindly guide for beginners

[Brandon_FFN]

What options strategies can you do on Webull?

[engjoo]

Good summary. What about thinkorswim (tdameritrade) ? One question I have in mine is where do these brokers make their money then ? Some friends are suggesting that these "zero commission" brokers make money from the larger spreads. Do you think this it true ?