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iFAST set to hit disruption-weary stockbroking industry once again

PC Lee Published on Fri, Jun 09, 2017 / 8:00 PM GMT+8

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SINGAPORE (June 9): iFAST Corporation is about to disrupt the local stockbroking industry once again.

The online retailer of investment products could soon be the first online trading platform to offer the lowest rates in town when trading Singapore-listed stocks.

Most licensed brokerages charge a minimum commission of $25 for each trade less than $50,000 or 0.275% of the contract amount whichever is lower.