uSMART Securities announces 0% commission fees and relocation of headquarters to Singapore

by Vulcan Post, 20 July 2022. In celebration of their 4 th anniversary, the intelligent brokerage app will be offering 0% commission fees from 1 July 2022 to 31 December 2022 uSMART also announced the shift in their global headquarters that will be established in Singapore, a move that signals strong belief in the growth of Singapore’s retail investor market SINGAPORE - Media OutReach - 20 July 2022 - uSMART Securities (“uSMART"), a leading next generation online brokerage, is celebrating its 4th anniversary with the launch of a 0% commission campaign promotion.From now until 31 December 2022, all users on the uSMART app will enjoy zero commission for equity trading across all available markets (Singapore, US, and Hong Kong), and no US settlement fees charges. The move aligns with uSMART’s vision to encourage the adoption of retail investing through a combination of investor education and professional yet easy-to-use features, in the meantime making them the broker with the lowest cost in Singapore.uSMART is an intelligent investment app with a core mission of promoting ‘smart’ trading and improving the sophistication of retail investors, backed by strategic investors such as Hong Kong conglomerate Chow Tai Fook. Through the app, uSMART provides access to financial education, expert advice, and features that lower the required starting capital needed for investment. uSMART also announced the launch of fractional share investing for US stocks in May 2022, a rare feature only offered by a select few online brokers. With fractional shares – stock units that amount to less than one full share – investors can maximise returns and diversify portfolios even with a smaller capital output.“In Singapore, we believe that there is an untapped market of potential investors in a younger demographic that are put off by the traditionally high barriers of entry”, said Ian Leong, Chief Executive Officer, uSMART Singapore. “By removing commission and US settlement fees and offering fractional shares on our platform, we have drastically lowered the financial costs of entry, which we hope will tap into a whole generation of new retail investors.”In a strategic move that further signals its commitment to the Singapore market and the region, uSMART also announced the move of its global headquarters here. “We have witnessed an exponential growth in retail investor participation in Asia over the last two years. Singapore makes strategic sense for our headquarters given its position as the region’s financial hub, which offers us greater access to an international talent pool and investment capital to support our global business expansion," said Leong.The issuer is solely responsible for the content of this announcement. About uSMART uSMART Securities, the leading online brokerage firm for intelligent investment, aims to provide professional Smart Investment experience via innovative technology to our clients globally. Founded in December 2018, uSMART Group has a strong global workforce of 400 across offices in Hong Kong, China, New Zealand and our headquarters in Singapore. Our mission is to provide leading smart investment services to global investors, and to maximize investors' value through monetary, knowledge and positive emotions.
2022-07-25 11:03:54

uSMART Securities announces 0% commission fees and relocation of headquarters to Singapore

by Yahoo Finance, 20 July 2022. In celebration of their 4th anniversary, the intelligent brokerage app will be offering 0% commission fees from 1 July 2022 to 31 December 2022 uSMART also announced the shift in their global headquarters that will be established in Singapore, a move that signals strong belief in the growth of Singapore’s retail investor market SINGAPORE - Media OutReach - 20 July 2022 - uSMART Securities (“uSMART"), a leading next generation online brokerage, is celebrating its 4th anniversary with the launch of a 0% commission campaign promotion.From now until 31 December 2022, all users on the uSMART app will enjoy zero commission for equity trading across all available markets (Singapore, US, and Hong Kong), and no US settlement fees charges. The move aligns with uSMART’s vision to encourage the adoption of retail investing through a combination of investor education and professional yet easy-to-use features, in the meantime making them the broker with the lowest cost in Singapore.uSMART is an intelligent investment app with a core mission of promoting ‘smart’ trading and improving the sophistication of retail investors, backed by strategic investors such as Hong Kong conglomerate Chow Tai Fook. Through the app, uSMART provides access to financial education, expert advice, and features that lower the required starting capital needed for investment. uSMART also announced the launch of fractional share investing for US stocks in May 2022, a rare feature only offered by a select few online brokers. With fractional shares – stock units that amount to less than one full share – investors can maximise returns and diversify portfolios even with a smaller capital output.“In Singapore, we believe that there is an untapped market of potential investors in a younger demographic that are put off by the traditionally high barriers of entry”, said Ian Leong, Chief Executive Officer, uSMART Singapore. “By removing commission and US settlement fees and offering fractional shares on our platform, we have drastically lowered the financial costs of entry, which we hope will tap into a whole generation of new retail investors.”In a strategic move that further signals its commitment to the Singapore market and the region, uSMART also announced the move of its global headquarters here. “We have witnessed an exponential growth in retail investor participation in Asia over the last two years. Singapore makes strategic sense for our headquarters given its position as the region’s financial hub, which offers us greater access to an international talent pool and investment capital to support our global business expansion," said Leong.
2022-07-25 11:00:50

USMART Securities Announces 0% Commission Fees And Relocation Of Headquarters To Singapore

by Money FM 89.3, 20 July 2022. In celebration of their 4th anniversary, the intelligent brokerage app will be offering 0% commission fees from 1 July 2022 to 31 December 2022 uSMART also announced the shift in their global headquarters that will be established in Singapore, a move that signals strong belief in the growth of Singapore’s retail investor market SINGAPORE - Media OutReach - 20 July 2022 - uSMART Securities (“uSMART"), a leading next generation online brokerage, is celebrating its 4th anniversary with the launch of a 0% commission campaign promotion. From now until 31 December 2022, all users on the uSMART app will enjoy zero commission for equity trading across all available markets (Singapore, US, and Hong Kong), and no US settlement fees charges. The move aligns with uSMART’s vision to encourage the adoption of retail investing through a combination of investor education and professional yet easy-to-use features, in the meantime making them the broker with the lowest cost in Singapore. uSMART is an intelligent investment app with a core mission of promoting ‘smart’ trading and improving the sophistication of retail investors, backed by strategic investors such as Hong Kong conglomerate Chow Tai Fook. Through the app, uSMART provides access to financial education, expert advice, and features that lower the required starting capital needed for investment. uSMART also announced the launch of fractional share investing for US stocks in May 2022, a rare feature only offered by a select few online brokers. With fractional shares – stock units that amount to less than one full share – investors can maximise returns and diversify portfolios even with a smaller capital output. “In Singapore, we believe that there is an untapped market of potential investors in a younger demographic that are put off by the traditionally high barriers of entry”, said Ian Leong, Chief Executive Officer, uSMART Singapore. “By removing commission and US settlement fees and offering fractional shares on our platform, we have drastically lowered the financial costs of entry, which we hope will tap into a whole generation of new retail investors.” In a strategic move that further signals its commitment to the Singapore market and the region, uSMART also announced the move of its global headquarters here. “We have witnessed an exponential growth in retail investor participation in Asia over the last two years. Singapore makes strategic sense for our headquarters given its position as the region’s financial hub, which offers us greater access to an international talent pool and investment capital to support our global business expansion," said Leong. Hashtag: #uSMART The issuer is solely responsible for the content of this announcement. About uSMART uSMART Securities, the leading online brokerage firm for intelligent investment, aims to provide professional Smart Investment experience via innovative technology to our clients globally. Founded in December 2018, uSMART Group has a strong global workforce of 400 across offices in Hong Kong, China, New Zealand and our headquarters in Singapore. Our mission is to provide leading smart investment services to global investors, and to maximize investors' value through monetary, knowledge and positive emotions.
2022-07-25 10:53:32

Fractional shares and real-time chats with experts: Trading app makes investing easier for beginners

by The Straits Times, 6 July 2022. With a user-friendly interface, uSMART simplifies the trading process and lowers the entry point for novice investors [image]
2022-07-12 00:00:00

Chow Tai Fook-backed investment app launches in Singapore

by The Edge, Felicia Tan, 29 April 2022. The app has already been licensed by the Monetary Authority of Singapore (MAS). uSMART Securities, an investment app that seeks to help new investors get into the markets, has launched in Singapore. The app, which secured a Series B funding of US$100 million ($138.6 million) in February 2021, counts Hong Kong-listed jeweller Chow Tai Fook among its strategic investors. The app has already been licensed by the Monetary Authority of Singapore (MAS). It sets itself apart by offering “simple and intuitive” language for would-be investors looking to enter the market. For example, technical terms such as “conditional orders” are labelled “buy low” or “sell high” on the app instead. The app also offers easy-to-understand explanations for first-time investors to make smart investment decisions. In addition, users will be able to interact with trading experts by following their feeds on the app, where they’ll find news and views. uSMART is said to be the first broker that allows users to set up eGIRO access to their trading account with nine different banks. The banks include the three Singapore banks, DBS, OCBC and UOB. They also include Maybank, Standard Chartered, ICBC, HSBC, Bank of China and Citibank. Once set up, users will be able to deposit their funds instantly, with the funds being available 24/7 to trade. Torry Hong, founder and CEO of uSMART, says “uSMART is not only determined to provide a good trading platform with excellent user experience, but also to create value for users by providing remarkable education services and intelligent investment services continuously.”
2022-05-20 14:12:12

uSMART Group CEO, Torry Hung, recognised as an outstanding 'Asian Leader of 2022' on New York Times Square's Nasdaq Screen

On May 18, 2022, local time, a poster with the theme "Asian Leaders of 2022" landed at Times Square, New York, USA, lighting up the Nasdaq exterior large screen, known as "the world's first screen". Some well-known business leaders have been invited to board this world-famous wealth icon in recent years, from which they will express the voice of Asian enterprises to the rest of the world. Mr. Hung, CEO of uSMART Group, stood on the massive Nasdaq screen as a representative of exceptional Asian entrepreneurs to showcase to the world the demeanour of a new generation of social-learning intelligent securities companies. Mr. Torry Hung has accumulated and generated over ten years of professional experience in the field of financial technology. Notably, playing a big part of developing the backbone of Alipay's massive transaction system and Tencent's product and globalisation projects. [image]
2022-05-20 13:59:14