INTERACTIVE BROKERS OFFERS SINGAPORE INVESTORS COMMISSION-FREE ACCESS TO US STOCKS, ETFS

KUALA LUMPUR, Aug 15 (Bernama) -- Interactive Brokers, an automated global electronic broker, has launched its IBKR Lite pricing plan in Singapore, offering Singaporean investors a commission-free way to trade United States (US) stocks and exchange-traded funds (ETFs) around the clock.

The Singaporean IBKR Lite programme delivers true cost transparency with no commissions, platform or settlement fees, or minimums, giving investors easy and low-cost access to the US markets.

“We are pleased to bring zero-commission US stock trading to investors in Singapore. With IBKR Lite, clients benefit from cost-effective access to the US markets, with zero commissions and no platform or settlement fees.

“This gives Singaporean investors yet another way to utilise IBKR’s transparent and powerful platform, and this launch reflects our continued commitment to offering the best value and trading experience globally,” said Interactive Brokers Singapore Chief Executive Officer, Yujun Lin in a statement.

IBKR Lite complements the firm’s existing IBKR Pro pricing plan, which utilises IB SmartRouting to help optimise execution, whereby clients can switch between Lite and Pro at any time, depending on their trading needs.

Both plans offer IBKR’s award-winning platforms, tools, and global market access. Key benefits of IBKR Lite in Singapore include zero commissions on US stocks and ETFs, around the clock, five days a week trading access, no fees for platforms, settlement, or account minimums, and access to over 160 global markets and 28 currencies, including the Singapore Dollar (SG$).

The platform also supports fractional shares, recurring investments, and overnight trading on more than 10,000 US stocks and ETFs, and offers artificial intelligence-powered news summaries for smarter, faster decisions.

-- BERNAMA