Interactive Brokers has launched its IBKR Lite pricing plan in Singapore, offering investors a commission-free way to trade US stocks and exchange-traded funds (ETFs) around the clock. This new plan provides true cost transparency, eliminating platform, settlement fees, and minimums, thus facilitating low-cost access to the US markets for Singaporean investors.
The IBKR Lite plan complements the existing IBKR Pro plan, allowing clients to switch between the two based on their trading needs. Both plans offer access to Interactive Brokers’ award-winning platforms and global market access. Yujun Lin, CEO of Interactive Brokers Singapore, stated, “With IBKR Lite, clients benefit from cost-effective access to the US markets, with zero commissions and no platform or settlement fees.”
Key features of IBKR Lite include:
– Zero commissions on US stocks and ETFs, available 24/5
– No platform or settlement fees, ticket charges, or account minimums
– Transparent, low commissions on options, futures, and mutual funds
– Participation in the Stock Yield Enhancement Programme
– Competitive interest on uninvested cash balances and low margin loan interest rates
Singapore-based investors will also enjoy access to over 160 global markets, trading in up to 28 currencies, and the use of modern platforms like IBKR Desktop and IBKR GlobalTrader. Additional features include overnight trading on over 10,000 US stocks and ETFs, fractional shares, recurring investments, and AI-powered news summaries.
This initiative underscores Interactive Brokers’ commitment to providing the best value and trading experience globally, positioning Singaporean investors to leverage a powerful and transparent platform.
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