7 things about trading US stocks in Singapore

 7 things I need to know to trade the US stock market from Singapore.

  1. Why trade US stocks? US stocks can offer higher growth potential than Singapore-listed ones.
  2. What are the 3 indices available? S&P 500 Index, Dow Jones Industrial Average, and NASDAQ Composite Index.
  3. What time does the US market open and close? 9.30 am Eastern Time (ET) to 4 pm ET from Monday to Friday. In Singapore time, it’s 9.30 pm or 10.30 pm to 4 am or 5 am (depending on daylight savings). 
  4. What is the minimum number of shares I can buy from the US stock market? 1 share. In Singapore, it's a minimum of 100 shares.
  5. Which is the best US stock market broker on top of low commissions? Check the review list...  https://seedly.sg/reviews/online-brokerages
  6. Must I pay tax for dividends and earnings? Yes, there are taxes involved when investing in US shares as a Singaporean. Investors need to take note of withholding tax for dividends, currency conversion fees, and US estate tax. 
  7. How to research US stocks? Use free Stock Screeners like https://stocks.cafe/tools/screenerv2, https://www.investing.com/stock-screener, https://www.msn.com/en-sg/money/stockscreener, https://finance.yahoo.com/screener/.

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