I Now Recommend Moomoo

Published on March 24, 2021

Moomoo has confirm their fees for Singapore market, and surprisingly they are the lowest.

I have updated my Google Spreadsheet to compare with Standard Chartered Bank (SCB) and Interactive Brokers (IB).

For legacy reason, I have been using SCB to buy Singapore stocks. In the last few years, I have been pondering to switch to IB which is cheaper, but it is very inconvenient because:

  • I have to open ANOTHER separate IB account for Singapore
  • I have to maintain another $100,000 to avoid the hefty platform fee $10/mth

With moomoo, I will now buy Singapore and Hong Kong stocks with them, whenever I rebalance.

If you’re interested, do sign up with my referral link.