usmart.sg new broker?

[sohguanh]

Saw in other forum they say Spore usmart.sg broker like tiger moomoo syfe trade

Anyone test this before? Look at the fees section. One more discounted broker into the mix. No minimum means small transaction amount you pay less than 1 but only this year

uSmart Standard SG stocks
Commission
0.03% * Transaction Amount
*No minimum

Platform fee
0.03% * Transaction Amount
*No minimum

*No minimum promotion until 31st Dec 2022

 

[crystalnox]

usmart is from Hong Kong, vs China for moomoo and tiger, but likely same concept. Low-cost digital-only broker mainly targetting US and HK stock markets.

 

[sohguanh]

usmart is from Hong Kong, vs China for moomoo and tiger, but likely same concept. Low-cost digital-only broker mainly targetting US and HK stock markets.

For SG shares it is cheaper at the moment.

 

[haikallp]

How does it compare to Tiger and Moomoon, rate wise?

 

[reddevil0728]

How does it compare to Tiger and Moomoon, rate wise?

Rate as in commission or margin? Website no say?

 

[haikallp]

Rate as in commission or margin? Website no say?

Margin.

 

[reddevil0728]

Margin.

you couldn't find i thought i saw it

 

[revhappy]

I saw an ad on twitter about this new broker and joining promo of $100 worth tsla share if you deposit 2k. So I opened an account. It feels very similar to Webull, Tiger, Moomoo. Nothing fancy. But the joining and referral promo($88 to the referer) is very generous and you dont even need to trade just keep 2k in the account for 1 month

 

[revhappy]

How does it compare to Tiger and Moomoon, rate wise?

It is a 0.5% hit each way.