New trading app on the block uSMART has updated its promo for June: get 0.1 fractional share of Tesla! Tesla’s price tends to be volatile, and at the time of writing it is sitting at US$713 (about S$981) per share. 0.1 share of this is therefore about US$71.30 (or $98.10) of value. This is on top of the S$15 stock cash coupon you can use towards any stock you would like to buy.
You can read my review here, or see the promo below:
First deposit: at least US$1,500 or US$10,000
Until 30th November 2022
|Register and open account with this link (if promo code is required, do enter ||$0 commission charges (for US, SG, HK stocks) and US$0 market settlement fees until 31st Dec 2022|
0.02 Tesla Share Voucher (worth up to USD 6)
1) Make a first deposit of at least US$1,500
2) Maintain daily average asset ≥ US$1,500 each month
ii) Complete at least 3 US stock/option trades each month
|US$30 Cash Vouchers x 6 (~S$258)|
(One redeemable each month)
1) Make a first deposit of at least US$10,000
2) Maintain daily average asset ≥ US$10,000 each month
ii) Complete at least 6 US stock/option trades each month
|US$60 Cash Vouchers x 6 (~S$516)|
(One redeemable each month)
Last updated 5th October 2022. Read/watch the review here
If you have previously opened an account but have yet to fund your account, this promo will also apply to you.
New feature: fractional share
The new promo giving away a fractional share of Tesla is a neat way to introduce uSMART’s new fractional trading feature. I was very happy with this feature in my review of Syfe Trade, and I’m glad to see uSMART introducing this feature.
Fractional trading allows for a fixed amount to be investing on a monthly basis, rather than having to buy entire shares which may prove to be quite awkward for dollar cost averaging.
I’ve come to realise that there are a few individuals in my Telegram chat group who would try to privately message people to promote their own referral links. It’s quite unfortunate, since I have spent a lot of time and effort to build the community, but there’s no way to completely eradicate such behaviour I guess.
As such, if you have questions about this promo, I would appreciate if you leave them in the comments section below (rather than post in the Telegram chat) and I’ll answer them as soon as I can!
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