According to ProsperUs’ website, the service charges users with investable assets of $49,999 and below 0.12% on equity trades on the Singapore Exchange, with a minimum fee of $7. Fees are reduced to 0.10%, or minimally $6, with assets of $50,000 to $200,000; and further down to 0.08%, or minimally $6, with assets above $200,000.
CGS-CIMB launched today a digital investment service targeted at millennials, offering eight asset classes across 30 exchanges in 25 markets.
ProsperUs aims to attract 10,000 investors in the next 12 months. With a minimum investment of $1,000, new customers who sign up between April to June 2021 stand a chance to receive between $280 and $880 worth of free tokens to offset their trading fees.
