Brokers Invest

9 Ways You Can Buy Google Stocks In Singapore

trial again again

Last updated on June 16th, 2021

Google is one of the largest tech companies in the world.

If you are keen on buying a share of this company from Singapore, you’ll need to buy stocks of Alphabet Inc.

Here are some brokerages you can consider if you want to buy this stock:

How to buy Google stock in Singapore

Here are 9 brokers you can buy Google stocks in Singapore:

  1. Tiger Brokers
  2. moomoo (powered by FUTU SG)
  3. Saxo
  4. Interactive Brokers
  5. Standard Chartered Online Trading
  6. FSMOne
  7. POEMS
  8. TD Ameritrade
  9. Firstrade

This is a summary of each broker,

PlatformMinimum Fee
Per Order
Additional
Fees?
Tiger Brokers1.99 USDNo
moomoo1.99 USDNo
Saxo4 USDYes
Interactive
Brokers
0.35 USDYes
Standard
Chartered
10 USDNo
FSMOne8.80 USDNo
POEMS3.88 – 20 USDYes
TD AmeritradeNoneNo
FirstradeNoneYes

and here is each broker explained in-depth:

Tiger Brokers

Tiger Brokers was launched in 2020, and they introduced low trading commissions for exchanges in 5 countries.

They provide one of the cheaper fees when you are looking to buy Google stocks.

Funding of account

When you want to fund your Tiger Brokers account, you can deposit 3 different currencies:

  1. SGD
  2. USD
  3. HKD

You’ll need to indicate if you want to deposit your funds from a Singaporean bank account or overseas bank account.

Tiger Brokers Deposit Funds 2

If you have a DBS or POSB bank account, you can deposit SGD into Tiger Brokers via Direct Debit.

Tiger Brokers Direct Debit

You’ll be able to deposit your funds much quicker this way!

Conversion of SGD to USD

The currency conversion from SGD to USD is pretty straightforward.

You will be shown the rates before you convert your funds to USD.

Tiger Brokers Exchange SGD to USD

Buying Google stock on Tiger Brokers

When you are looking to buy Google stocks, you can search for the stock using the search bar.

Tiger Brokers Search For Google Stock

You’ll be brought to the Google stock page (GOOGL or GOOG), where you can tap on ‘Trade‘.

Tiger Brokers Google Stock Page

This brings you to the order page. You’ll need to enter the details of the order, such as:

  1. The price that you want to buy the stock at
  2. The number of units of the stock you’d like to buy
Tiger Brokers Buy Google Stock

Once a seller has been found for your order, the stock will be credited to your account.

Fees

Here are the fees that Tiger Brokers charges for trading in the US markets:

FeeAmount
Trading Fee0.01 USD / Share
Min 1.99 USD / Order
Currency Conversion FeesNone
Dividend Handling FeesNone
Custodian FeesNone
Inactivity FeesNone

The fees for Tiger Brokers is pretty reasonable at a minimum of USD $1.99 per every order that you make.

Furthermore, they do not charge you any extra fees, which helps to reduce your costs.

Verdict

Tiger Brokers provides a very affordable way for you to start trading in the US markets.

If you are a beginner investor with only a small sum of money, you can consider using this broker for its low fees.

However, I personally feel that the platform makes it fun and easy to trade. This may make investing seem like a game, rather than something that you are investing for the long term.

I would like to caution you to do your own research, and only invest in stocks or ETFs that you are familiar with!

moomoo (powered by FUTU SG)

moomoo (powered by FUTU SG) is another low cost broker that entered the Singapore market in 2021.

Here is a look into their features:

Funding of account

Similar to Tiger Brokers, you can fund your account using 2 methods:

  1. FAST transfer
  2. Direct debit with DBS / POSB bank accounts (SGD only)
Moomoo Deposit Options DDA and FAST

You are able to deposit SGD, USD or HKD if you are sending funds over via bank transfer.

Conversion of SGD to USD

You are able to easily convert your SGD to USD to start trading in the US markets.

Moomoo USD to SGD Rate vs Saxo

You will be able to see the exchange rate before you convert your SGD to USD.

Buying Google stock

You can look for Google stock by typing on the search bar,

Moomoo Search For Google Stock

and then selecting ‘Trade‘ on the Google stock page.

Moomoo Google Stock Page 2

From there, you’ll need to enter some details, such as:

  1. The price (in USD) that you’d like to buy the stock or ETF at
  2. The number of units that you’d like to buy
Moomoo Google Stock Enter Trade Details

Fees

Here are the fees that moomoo (powered by FUTU SG) charges:

FeeAmount
Trade
Commission
USD 0.0049 / share
Min. USD 0.99 / order
Platform
Fee
USD 0.005 / share
Min. USD 1 / order
Custodian FeeNone
Currency
Conversion Fee
None
Dividend
Handling Fee
None
Withdrawal FeeNone

Whenever you’re making a trade, you’ll need to consider both the trade commission and the platform fee.

For each trade you make, the minimum that you’ll need to pay is USD 1.99 (when you factor in both fees).

Verdict

moomoo (powered by FUTU SG) is another low cost broker that makes it accessible for you to purchase Google stocks.

You can consider their attractive sign-up bonus which provides you with commission-free trades for 180 days.

Saxo

Saxo Markets is a subsidiary of Saxo Bank, and has been operating in Singapore ever since 2006.

Here is a summary of this brokerage account:

Funding of account

For Saxo, you can transfer your funds in a variety of ways. This includes:

  1. FAST
  2. PayNow
  3. MEPS
  4. Wire transfer
Saxo Deposit Instructions

The easiest way to deposit your funds will be either via FAST or PayNow.

Conversion of SGD to USD

The conversion of SGD to USD can be done via 2 ways:

  1. Converting SGD to USD when you are making the trade
  2. Transferring SGD to your USD sub-account and then using that USD to trade
Saxo Create Sub Account

You may want to use the sub-account method, as you will pay lower currency conversion fees.

The fees that you pay depend on how you exchange your currency:

Type of ExchangeFees
Cash Products0.75%
Account Transfer0.30%

You will pay a lower currency conversion fee when you are doing an account transfer from your SGD to USD sub accounts.

Buying Google stock

Saxo has 3 different interfaces which you can use:

  1. SaxoInvestor
  2. TraderGO
  3. TraderPRO

If you are just beginning your investment journey into stocks, I would recommend using the SaxoInvestor platform.

SaxoInvestor Web Platform

You can click on the search bar at the top right hand corner to search for the Google stock (under Alphabet Inc.).

GOOGL will be shown as the top result. If you want to buy GOOG, you’ll need to click on the ‘expand‘ arrow.

Saxo Search For Google Stock

After selecting the stock you’d like to buy, you can click on ‘Buy‘ on that stock’s page.

Saxo Google Stock Page Buy

You will need to select:

  1. The price that you want to buy the stock at
  2. The number of shares that you’d like to buy
Saxo Buy Google Stock Place Order Details

You may want to take note that the price you see on Saxo is delayed by 15 minutes. You may want to look at the live prices before you decide on the price you want to pay for 1 Google stock.

Fees

Here are the fees that you’ll incur with Saxo:

FeeAmount
Trade Commission0.06% * trade value
Min $4 USD
Custodian Fee0.12%
Currency Conversion Fee0.75% (Cash Product)
0.30% (Account Transfer)
Inactivity FeeNone
Dividend Handling FeeNone

Compared to Tiger Brokers or moomoo (powered by FUTU SG), Saxo has a complicated fee structure.

The minimum trade commission is higher compared to either broker. Moreover, you will incur extra fees like the custodian fee and currency conversion fee.

One thing you may want to take note is that Saxo Markets does not charge you an inactivity fee. It is only Saxo Bank (the US version) which charges you this fee!

Verdict

Saxo may not be the best method to purchase Google stocks, due to its high fees.

For trading in the US markets, there are other brokers that offer better rates!

Interactive Brokers

Interactive Brokers is another online broker that gives you access to the US markets. Here are some of the things you need to know when you want to use this broker:

Funding of account

You are able to deposit your money via a variety of methods. This includes:

  1. Wire transfer
  2. US ACH
  3. Check

The most common way would be to transfer your funds via wire transfer.

Conversion of SGD to USD

You are able to convert your currency on Interactive Broker’s platform to USD.

The charges for this conversion is rather low too.

Fees

Here are the fees that you’ll incur when trading on Interactive Brokers:

FeeAmount
Trade Commission
(Tiered)
USD 0.0035 per share
Min. USD 0.35
Trade Commission
(Fixed)
USD 1 per order
Monthly FeeUSD $10 if AUM < $100k
Currency
Conversion Fee
0.002% * trade value 
Min. USD 2 per order
Dividend
Handling Fee
None
Withdrawal Fee1st withdrawal free
SGD$15 for
subsequent wire transfers

There are 2 pricing structures that you can use with Interactive Brokers:

Account
Type
Definition
TieredCommission charged is based on
your investment amount

Clearing and exchange fees are
separate from the commission
FixedA fixed commission is
charged for all trades

Clearing and exchange
fees are included

Even though the tiered pricing seems cheaper, you’ll need to pay for the clearing and exchange fees.

Here are some of the other fees explained:

Monthly fee

If you have less than USD $100k (or equivalent) in your Interactive Brokers account, you will be charged a monthly fee of USD $10.

However, there are some ways you can go about to avoid this fee:

  1. Your monthly commissions are more than USD $10
  2. You make some trades during the month, but they are less than USD $10

For the second scenario, you will only need to pay the difference between USD $10 and the commissions you’ve paid!

For example, you only paid USD $4 in commissions for the month.

You will need to pay a monthly fee of USD $6 (10 – 4).

If you are age 25 and below, the monthly fee is only USD $3! This will help to save on your fees, especially when you’re just starting out.

Interactive Brokers may make more sense if you’re doing more frequent trading. This is because you’ll be able to pay a lower monthly fee!

Currency conversion fee

Interactive Brokers also allows you to convert your currency on their platform.

The pricing is slightly different from Saxo:

0.2 basis points (0.002%) * trade value, minimum of USD2 per order

This USD $2 commission will also be considered in your monthly fee. This means if you convert money and make a trade, your monthly fee will the remainder!

For example, you make a currency conversion that costs you USD $2. You also make a trade with the fixed account which costs you USD $6.

This means you’ll only need to pay a USD $2 monthly fee (USD $10 – USD $6 – USD $2).

Depending on the amount that you choose to invest, it could be slightly cheaper compared to Saxo.

Verdict

Interactive Brokers provides a very decent trading platform to buy Google stocks. This is mainly due to its lower commissions.

The monthly fees may be costly, especially if you have a small investment amount. However if you are a frequent trader, it may not matter that much!

This is because any trading fees that you pay will be deducted from the monthly fees. This means that you will have to pay a lower monthly fee.

The main problem is that the platform can be rather confusing if you are a beginner investor. Depositing your funds can be rather tedious at first too!

If you are willing to go through this hassle, you can consider trying out Interactive Brokers.

Standard Chartered Online Trading

Standard Chartered is one of the banks in Singapore that allows you to trade in the US markets.

Here’s what you need to know about this platform:

Funding of account

If you have a Standard Chartered online banking account, then things will be quite easy for you.

All you’ll need to do is to create a USD Securities Settlement Account.

After that, you can transfer your funds to this account.

Since Standard Chartered is a pre-funded platform, you’ll need to have funds in your Securities Settlement Account first before you can make a trade.

You will need around 15% of buffer in your Securities Settlement Account.

Standard Chartered 15 Buffer

Conversion of SGD to USD

There are 2 ways that you can convert your SGD to USD:

1. Transfer directly to your Securities Settlement Account

You can use the ‘Transfer Between My Accounts‘ function. This allows you to transfer from your bank account to the Securities Settlement Account.

You can choose the amount of USD you wish to have in your Securities Settlement Account.

Standard Chartered Securities Settlement Account Transfer Currency

You will be shown the exchange rate as well as the equivalent amount you’ll exchange from SGD.

The spread can be pretty high from this trade!

For example, I was trading at a rate of 1 SGD = 0.7512 USD.

When I looked at the current rate on XE, it was 1 SGD = 0.754420 USD!

This FX spread will affect how much SGD you’ll need to convert into USD!

This method of exchanging your currency is very convenient. However, it may increase the costs that you incur!

2. Using the LiveFX platform

Another way that you can exchange your SGD to USD is using the LiveFX platform.

Standard Chartered Live FX Platform

This works quite similar to a stock broker. However, you’re trading currencies instead of stocks!

You can place a buy order to convert your SGD to USD.

Standard Chartered LiveFX Buy USD

Don’t forget to choose your destination to be your USD Securities Settlement Account!

Standard Chartered LiveFX Select Destination

The spread is still quite high. However, you are able to trade and choose a price that you’d like to either buy or sell.

As such, you may be able to obtain a slightly more favourable exchange rate!

Buying Google stock on Standard Chartered

Once you have transferred USD to the Securities Settlement Account, you can start to buy the Google stock.

You can use the search function to find the Google stock (under GOOG or GOOGL).

Standard Chartered Search For Google Stock

If you want to buy the Google stock from the US markets, you’ll need to select either stock from NMS.

Similar to other platforms, you’ll need to enter details of the trade, such as:

  1. The price that you want to buy the stock or ETF at
  2. The number of units you want to buy

Fees

Here are the fees that you’ll need to pay when trading with Standard Chartered:

FeeAmount
Trade Commission
(Personal Banking)
0.25% * trade value
Min. $10
Trade Commission
(Priority Banking)
0.20% * trade value
No Minimum
Currency
Conversion Fees
None
Custody FeesNone

You will be charged 7% GST on every commission that you make. For example, you will be charged a minimum of USD $10.70 if you are just a personal banking client!

The fees are slightly higher compared to Tiger Brokers or moomoo (powered by FUTU SG).

Verdict

Standard Chartered is a pretty attractive option to trade in the US markets. However, the interface is pretty outdated, and the commissions are slightly higher.

Due to its higher trading fees but no monthly fee, it is suitable if you are looking at making lump sum investments.

It may be cheaper when you make a lump sum investment with Standard Chartered compared to Interactive Brokers.

FSMOne

FSMOne is one of the Singapore-based brokers that offers you access to the US markets.

Here’s what you need to know about this platform.

Funding of account

To start trading on FSMOne, you will need to transfer to your FSMOne Cash Account.

I previously transferred some money via FAST, and it was almost instant.

FSMOne Deposit Money

This was even though I deposited my funds at night!

Conversion of SGD to USD

To convert your SGD to USD, you’ll need to go to your Cash Account, and click on FX conversion at your USD account.

FSMOne FX Conversion SGD to USD

This will allow you to convert your SGD to USD.

Buying Google stock

You will need to go to ‘Stocks → Live Trading‘ and look for GOOG or GOOGL in the search bar.

FSMOne Search For Google Stock

You can select the stock that you want to buy on the search bar as well.

After clicking on ‘Buy‘ for the stock, you will be brought to the order page.

You can decide on:

  1. The type of order you want to make
  2. The price that you want to buy the stock at
  3. The number of shares that you want to buy
FSMOne Google Stock Order

Fees

Here are the fees that are charged by FSMOne:

FeeAmount
Trade
Commission
0.08% * trade value
Min. USD 8.80
Currency
Conversion Fees
None
Custody FeesNone

The commissions for FSMOne are quite high compared to Tiger Brokers!

Verdict

I personally find FSMOne’s user interface to be rather hard to navigate around. As such, you may need to take a while to get used to the interface.

The fees that FSMOne charges are rather high compared to the other platforms. However if you want to use a broker that is well established in Singapore, FSMOne may be one that you can consider.

POEMS

POEMS is another Singapore brokers that has been around since 1996.

Here’s how you can use this platform to buy Google stocks.

Funding of account

There are a few ways that you can deposit your funds into POEMS:

  1. PayNow
  2. FAST
  3. eNETS
  4. GIRO

If you want to use eNETS, the minimum amount that you need to deposit is $1000.

POEMS eNETS Deposit

Don’t forget to add in your account number in the comments section when you are making the transfer!

Conversion of SGD to USD

If you want to convert your SGD to USD, you’ll have to opt in for the ‘Multi Currency Facility‘.

POEMS Multi Currency Facility Opt In

However, if you’ve created a POEMS account after 26 Oct 2020, you will be auto-enrolled into this feature.

When you want to settle your trade in USD, the auto-currency conversion process will be performed at 7.15pm.

Buying Google stock on POEMS

To buy a Google stock, you’ll need to go to the ‘Prices‘ or ‘Trade‘ bars, and then select NASDAQ.

POEMS Select NASDAQ

Alternatively, you can use the search bar on the top right hand corner to select either GOOG or GOOGL.

POEMS Search For Google Stock

If you are looking to buy Google stocks, you should be selecting EQ (Equity) and not CFD (Contract for Differences)!

You’ll be brought to the order page, and you can enter the details of your order.

POEMS Buy Google Stock Order Details

You’ll need to decide if you want to settle your trade in either USD or SGD.

Fees

POEMS has 2 different accounts that you can create:

  1. Cash Plus
  2. Cash Management

Here are the fees that you’ll need to pay for the account that you choose:

Cash PlusCash Management
CommissionUp to USD 3.88
(until 31 Dec 2021)

Up to USD 10.88
(after 31 Dec 2021)
0.3% * trade value
Min. USD 20

If you are a frequent trader, Cash Plus seems to be the better option for you. You will receive a very preferential rate of USD 1.88 per trade, if you have a total of $250,000 worth of assets in POEMS.

You will also need to take note of other fees which include:

  1. Custody fees (can be waived)
  2. Dividend processing fee
  3. Account maintenance fee (can be waived)

There are quite a few fees that you will be charged on POEMS. Furthermore, I feel that the fee structure can be very overwhelming if you are not familiar with these charges.

Verdict

POEMS has a rather complex fee structure that can be really confusing. Furthermore, the interface of the platform is rather outdated, compared to the newer brokerages.

You may want to consider trading on POEMS due to their trading promotion of USD 3.88 up until 31 Dec 2021.

TD Ameritrade

TD Ameritrade is one of the brokerages that offers commission-free trading for Singaporeans.

Here’s what you need to know about this platform.

Funding of account

You can fund your account on TD Ameritrade via a variety of ways:

  1. DBS / POSB electronic transfer
  2. Cheque
  3. Wire transfer

If you choose to deposit SGD to TD Ameritrade, it will be automatically converted to USD. This will be subject to TD Ameritrade’s rates.

Buying Google stock on TD Ameritrade

You will need to use TD Ameritrade’s thinkorswim platform to trade in the US market.

This is a great platform to use, especially if you are a frequent trader.

Fees

Here are the fees that you’ll be charged when trading with TD Ameritrade:

CommissionAmount
US Stocks and ETFsUSD $0 per trade
OTC StocksUSD $7.44

You will be able to buy a Google stock at zero commissions, which greatly reduces your fees!

Furthermore, there is no mention about any deposit or withdrawal fees. This makes TD Ameritrade extremely attractive.

Verdict

TD Ameritrade is one of the MAS-licensed brokers that does not charge trading commissions.

If you are a frequent trader, this would be the best platform to use!

However, there have been many complaints about the slow registration process. Some customers have waited a few months for their account to be opened.

If you’re willing to wait for your account to be opened, then this is one platform you should definitely consider.

Firstrade

Firstrade is another brokerage platform that charges zero commission fees.

However, you may want to note that Firstrade is not regulated by MAS!

Funding of account

When you want to fund your Firstrade account, one way you can do so is via wire transfer.

You are only able to wire USD to your account, so you may need to use services like DBS Remit to send the fees over.

One thing you may want to note is that you can’t use online money transfer services, like Wise or Revolut!

Fees

Here are the fees that Firstrade charges you:

FeeAmount
Trading CommissionsUSD $0
Withdrawal FeeUSD $35

You may also want to consider the fees you’ll incur when remitting the money over from your Singapore bank account.

Firstrade does not charge any fees when you make a trade. However, you will be charged USD $35 for each withdrawal you make.

As such, you may not want to only withdraw a small amount each time, as this will eat into your returns.

MAS regulation

Firstrade is the only brokerage platform listed here that is not licensed by the MAS. This may carry some risks as your interests may not be protected, should Firstrade close down.

Nevertheless, Firstrade is a member of FINRA/SIPC. This organisation will help to protect your rights in the event that Firstrade becomes insolvent.

Verdict

Firstrade is the only broker that is not regulated by MAS. However, it is very attractive with its zero commission trading structure.

If you want zero commissions and aren’t willing to wait for TD Ameritrade, you may want to consider Firstrade instead.

However, I would advise you not to put all of your funds into this broker! In the unfortunate event that it closes down, you may not be able to recover all of your funds.

Things to note about Google stock

Here are some things you may want to note when buying a Google stock:

  1. GOOG (Class C shares) give you voting rights, while GOOGL (Class A shares) do not
  2. The unit price of each stock is around $2,000 USD

The minimum number of units you need to buy on the US markets is 1. As such, you’ll need more than $2,000 USD if you want to buy one unit of a Google stock.

Moreover, most platforms that offer access to the US markets do not allow trading of fractional shares, except for Interactive Brokers.

You’ll need to save up quite a bit before you can buy one Google stock!

Conclusion

There are quite a few brokerages you can use to buy a Google stock. These are the brokers that provide you with access to trade in the US markets.

However, you can’t use your SRS funds to buy these stocks!

The account that you ultimately choose may depend on these few considerations:

  1. The fees that you pay for each trade
  2. The additional fees you incur (e.g. currency exchange or custodial) when using that platform
  3. The ease of transferring your money to the platform

👉🏻 Referral Deals

If you are interested in signing up for any of the products mentioned above, you can check them out below!

moomoo Referral (Free AAPL, NIO Stock and Commission Free Trades for 180 Days)

If you are interested in signing up for a moomoo (powered by FUTU SG) account, you can use my referral link.

Here are some of the rewards you can receive (From May 1 to 30 June 2021):

  1. Free Apple stock (x1)
  2. Commission-free trading for 180 days (SGX, HKEX and US markets)
  3. Level 2 market data for US stocks and Level 1 market data for SGX

To receive these bonuses, here are the steps you’ll need to do:

#1 Sign up for a Moomoo account

You’ll need to use my referral link to sign up for a moomoo (powered by FUTU SG) account.

Moomoo Sign Up For An Account

#2 Deposit at least $2,700 SGD into your moomoo (powered by FUTU SG) account (free AAPL Share)

After signing up, you’ll need to transfer any of these amounts into your moomoo (powered by FUTU SG) account:

  1. $2,700 SGD
  2. $2,000 USD
  3. HKD 16,000

You will need to make the deposit within 30 days from opening your account for this promotion to be valid.

When you have made the deposit, the AAPL share will be credited into your account.

After Moomoo has received your deposit, you will receive a free Apple stock in your account!

Moomoo Receive Deposit Referral Bonus

#3 Complete 5 successful trades (free NIO share)

If you want a free NIO share as well, you will need to make 5 successful trades on moomoo.

However, you will still need to make a deposit of at least SGD 2,700 into your trading account.

You can track the number of trades you’ve made by looking at your Trading Badge.

moomoo Stock Trading Badge

You’ll need to wait for 5 days before you can trade either stock.

You can view more about this promotion on the FUTU SG website.

Tiger Brokers Referral (Free AMZN, AAPL, XIAOMI Shares and Commission-Free Trades)

If you sign up for a Tiger Brokers account using my referral link, you will be eligible for some rewards. You can view and claim your rewards by going to ‘Me → Promotions & Rewards‘.

Tiger Brokers Rewards Center

Here are 3 bonuses that you can receive:

#1 Registration Reward

When you register for a Tiger Brokers Account, you will receive 500 Tiger Coins.

Tiger Brokers Tiger Coins Promotion

These Tiger Coins can be used to redeem a variety of rewards, such as:

  1. Stock vouchers
  2. Commission-free trades
  3. Reuters videos
Tiger Brokers Tiger Coins Redeem

#2 Account Opening Reward

After successfully opening your account, you will receive 60 commission-free trades that you need to use within 180 days.

Tiger Brokers Commission Free Trade Promotion April 2021

These commission free trades can be used for:

  1. US stocks
  2. HK stocks
  3. Singapore stocks
  4. Futures

You will still need to pay the commission first. The commission should be refunded to you on the next working day.

#3 Funding Reward

If you fund at least $2,000 or $300,000 SGD into your Tiger Brokers account for your very first deposit, you will receive the following rewards:

First Deposit AmountReward(s)
SGD $2,0001 Free AAPL Share
+ 5 Free Xiaomi Shares
SGD $300,0001 Free AMZN Share 

The shares will be added into your account within 10 working days.

This offer is only available for the first 5,000 qualified clients and ends on 30th June.

You can view the terms and conditions of this promotion on Tiger Brokers’ website.

POEMS Referral (Free US trades for 1 month)

If you are interested in signing up for a POEMS account, you can use my referral link. You will be able to receive free US trades for one month after you deposit SGD $3,000 into POEMS!

Here’s what you need to do:

  1. Sign up for a POEMS Cash Plus Account
  2. Deposit ≥ SGD $3,000 into your Cash Plus Account within 1 week of opening your account
  3. Enjoy 1 month worth of free US trades

Saxo Referral (Earn $100-$250 in cash)

If you are interested in creating a Saxo trading account, you can take part in the referral program.

Here’s are the rewards that you can receive from this program:

ActionReward
Fund ≥ SGD $3,000 and
make ≥ 3 qualifying trades
SGD $100
Fund ≥ SGD $100,000 and
make ≥ 3 qualifying trades
SGD $250

The 3 qualifying trades that you need to make have to be on margin products, such as:

  1. CFDs
  2. FX
  3. Futures / Forwards
  4. Options

The process is quite different from other referral programmes, so you can contact me for the next steps for the referral!

You can find out more about the referral program on Saxo’s website.

FSMOne Referral

If you would like to create an FSMOne account, you can enter my account number ‘P0381515‘ into the referral code field.

FSMOne Referral

I will receive 1,000 reward points for referring you. Although you do not receive any benefits, I would appreciate your support!


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