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How to Open a Stock Trading account in Singapore-Updated 2015

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Old 03-03-2012, 10:15 AM   #16
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you mean all those above 21 have to pay $1000 to open a poems account? The poems website doesn't explicitly say anything about fees for general users who are not under 18 or nsfs, so I'm a bit unsure.
If you notice everytime if you walk past a poems roadshow or cart, there will always be a sign hanging there say "$1000 deposit waived for account opening". Maybe it is just marketing girmick or something. I'm not from poems nor have poems account.

Details can be found here http://www.poems.com.sg/account/ac_open.asp

But I know many years back when I opened I don't need any deposit
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Old 03-03-2012, 10:33 AM   #17
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thank you, I see.. I guess I'll go later to open a cdp and philips account first and ask about any poems cost.
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Old 05-03-2012, 02:45 PM   #18
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hmm, think i'll open a poems account too...provided no deposit, use to see see look look, dunno when i'll actually buy in thou...

sinkie ask u noob qn ar, any software or phone app u guys use to track ur portfolio avg buy in price etc? or poems interface has this fn?
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Old 06-03-2012, 03:15 PM   #19
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interested in knowing if there is a good app too. many apps only seem to track the initial buy price and don't let you add new prices for items bought after the initial purchase.
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Old 06-03-2012, 03:30 PM   #20
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interested in knowing if there is a good app too. many apps only seem to track the initial buy price and don't let you add new prices for items bought after the initial purchase.
use excel??

i know cimb securities's portfolio is able to do manual edit but not sure about other.
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Old 07-03-2012, 12:08 PM   #21
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Hi sinkie, do u have a guide for opening a usd account? Coz quite confusing with regards to those tax, witholding fees? Costs, transfer sgd to usd fees......

Will be great if u can advise om this. If u can also suggest a good firm for opening us trade acc. Thanks
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Old 07-03-2012, 12:18 PM   #22
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Hi sinkie, do u have a guide for opening a usd account? Coz quite confusing with regards to those tax, witholding fees? Costs, transfer sgd to usd fees......

Will be great if u can advise om this. If u can also suggest a good firm for opening us trade acc. Thanks
you refering to US market account? ok when i have the time i will try to do a guide on foreign market.

but usually if you want trade us market, you just sign a w3b form with any stock brokerages, then you will have access to foreign market but the fee is usually much higher and also it dont provide live feed too.
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Old 07-03-2012, 04:33 PM   #23
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use excel??

i know cimb securities's portfolio is able to do manual edit but not sure about other.
I ytd just signed up with Cimb youth package, intro by a bro here who's a broker..
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Old 07-03-2012, 07:06 PM   #24
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I ytd just signed up with Cimb youth package, intro by a bro here who's a broker..
Enjoy the 30% off all sgx trades promotion. anyone need more information also can pm me too..
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Old 07-03-2012, 08:53 PM   #25
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Enjoy the 30% off all sgx trades promotion. anyone need more information also can pm me too..
sinkie u also from cimb ar, got qn to ask
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Old 08-03-2012, 07:39 AM   #26
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sinkie u also from cimb ar, got qn to ask
Can ask here or pm me lor
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Old 08-03-2012, 11:18 AM   #27
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Can ask here or pm me lor
o...nvm, i ask broker gorgor liao
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Old 30-03-2012, 05:22 PM   #28
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looking to start the scb trading account
but the comm seems too low to be true...

any advice?
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Old 30-03-2012, 05:54 PM   #29
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looking to start the scb trading account
but the comm seems too low to be true...

any advice?
i dont know is this allowed but check up the standchart trading thread below

http://deluxeforums.hardwarezone.com...n-3265890.html

Do also take note that some dividend payout will be missing or delayed and so make sure that u keep track everything everyday

http://deluxeforums.hardwarezone.com...l#post74375353


hi, I would like to share my 1 year plus experience using SCB online trading platform. Now I am using another platform.

Advantages:
1) low commissions (main benefit)
2) some news feed/analyst reports

Disadvantages:
1) online platform very lumbersome, hard to trade relative to other platforms
2) hard to get real time quotes in one screen. have to go into each stock and click on ‘refresh’ to get real time quote.
3) this is the very painful part – very slow in informing about rights issues. and don’t send the full rights prospectus, unlike when your stocks are in CDP. Only send one sms or letter and it’s usually later than the mails I receive from CDP on rights issue.
4) Does not reflect my warrant value and info on my online account. e.g. for Olam warrants. Said online platfom does not support warrant trading. Said that I have to call trading desk if i want to ask about my values and trade. And I only know my trade results end of the trading day if it is done by trading desk.
5) Sometimes trade execution is super slow. For eg., I submit a price that is at the current market price (as checked from another trading platform) and with sufficient volume, but the SCB trade just gets acknowledged but not executed for very long.
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Old 06-04-2012, 06:09 PM   #30
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do all internet trading acc have 'limit order' ?

other than PoemsProTrader that offered 'stop limit order', which other brokerage it?
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