Before you can invest, you’ll need to have a trading account.
Currently, Standard Chartered is the only option that offers no minimum commission, which is great for investing small amount of money every month. Every other bank or brokerage is not acceptable due to the high expense incurred e.g. minimum $25.
Standard Chartered Brokerage Fee : 0.2%
Example of a Trade on Nikko AM Singapore STI ETF (G3B)
Nikko AM Singapore STI ETF Order Price : $3.20
Order Quantity : 100 share(s)
Trade Consideration : $320.00 [$3.20 x 100]
Client Commission : $0.64 [$320.00 x 0.2%]
SG Clearing Fee : $0.13
Total Transaction Amount : $320.77
More Than Index Investing
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