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Beginner’s Guide to Opening an Online Brokerage Account

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moneysmart.com

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newsletter@moneysmart.com

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Tue, Apr 13, 2021 10:14 AM

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Open your SAXO Markets account with us and start trading. Open your SAXO Markets account with us and

Open your SAXO Markets account with us and start trading. Open your SAXO Markets account with us and start trading. [credit cards]( [investments]( [personal loans]( [Blog]( Learn the easy steps to start investing in Singapore Investing isn't as daunting as it seems to be. With a huge range of investments to suit any risk appetite out there, newbie investors can get started on investing through an online brokerage firm. Learn the easy steps to start investing in Singapore Investing isn't as daunting as it seems to be. With a huge range of investments to suit any risk appetite out there, newbie investors can get started on investing through an online brokerage firm. [Learn More]( Here’s how you can get started in 4 easy steps: [Compare]( online brokerage firms. Look into their services and fee structure. Keep in mind that most brokerage firms charge trading fees and impose a minimum fee. Open and fund your brokerage account. Once you’ve chosen an online brokerage firm, you need to transfer money to your account. Take note of the minimum funding requirement and funding methods available. Decide on what stocks to invest in. If you’re new to investing, ETFs might be the best choice. Why? It lets you buy a large basket of stocks or bonds in a single purchase. So instead of buying individual stocks, you get to invest in an entire sector or asset class, all at once. Make your first trade. Use the brokerage firm’s desktop or mobile trading platform. You can start by setting a fixed amount every month on a generic ETF. This investment strategy is called dollar cost averaging. [Compare]( online brokerage firms. Look into their services and fee structure. Keep in mind that most brokerage firms charge trading fees and impose a minimum fee. Open and fund your brokerage account. Once you’ve chosen an online brokerage firm, you need to transfer money to your account. Take note of the minimum funding requirement and funding methods available. Decide on what stocks to invest in. If you’re new to investing, ETFs might be the best choice. Why? It lets you buy a large basket of stocks or bonds in a single purchase. So instead of buying individual stocks, you get to invest in an entire sector or asset class, all at once. Make your first trade. Use the brokerage firm’s desktop or mobile trading platform. You can start by setting a fixed amount every month on a generic ETF. This investment strategy is called dollar cost averaging. If you’re just starting out, consider opening an account and start trading with SAXO Markets. If you’re just starting out, consider opening an account and start trading with SAXO Markets. No minimum commission* on SGX Equities Reduced currency conversion fee Lowest market commission rate of 0.08% No minimum commission* on SGX Equities Reduced currency conversion fee Lowest market commission rate of 0.08% [Open an Account Now]( *For new clients only. [credit cards]( [travel insurance]( [personal loans]( [Blog]( This email was originally sent to {EMAIL}. You are receiving this email because you are subscribed to MoneySmart Singapore’s awesome newsletter. Sent by MoneySmart Singapore Pte Ltd, MoneySmart Singapore Pte Ltd, 8 Commonwealth Lane, #04-02, Singapore 149555, Singapore [Unsubscribe](

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