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

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Old 26-09-2015, 06:44 PM   #1321
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Sinkie just checking. I have a CIMB young investor account and i placed $500 deposit already. Can I take back the $500 once i turn 21?
You can take back anytime lah

Just that you need to deposit $500 to have a buy limit to buy shares before 21. After 21, u no need to put anymore deposit le
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Old 26-09-2015, 07:13 PM   #1322
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You can take back anytime lah

Just that you need to deposit $500 to have a buy limit to buy shares before 21. After 21, u no need to put anymore deposit le
then how they determine trading limit? that time i haven put $500 trading limit $40+ nia leh. now put le got 2k+
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Old 26-09-2015, 07:18 PM   #1323
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then how they determine trading limit? that time i haven put $500 trading limit $40+ nia leh. now put le got 2k+
Usually is 4x of what u deposit in

When u reached 21, then call your broker to get $10,000 buy limit
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Old 26-09-2015, 08:40 PM   #1324
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Usually is 4x of what u deposit in

When u reached 21, then call your broker to get $10,000 buy limit
Oh okay thanks.
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Old 28-09-2015, 11:16 AM   #1325
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Quick question, dad wants to sell of some of his SGX shares without a broker to save on broker fees.

Is it possible? How do I go about doing it?

TIA!
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Old 28-09-2015, 11:20 AM   #1326
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Quick question, dad wants to sell of some of his SGX shares without a broker to save on broker fees.

Is it possible? How do I go about doing it?

TIA!
Not possible afaik.
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Old 28-09-2015, 11:22 AM   #1327
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Not possible afaik.
I see. Thank you!

So, in order to sell shares without a broker, I should have bought the said shares without a broker ie. online trading? Am I right to say that?
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Old 28-09-2015, 11:58 AM   #1328
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I see. Thank you!

So, in order to sell shares without a broker, I should have bought the said shares without a broker ie. online trading? Am I right to say that?
Oh, I get what you mean liao.

You can buy through a broker and sell using online trading account or vice versa.
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Old 28-09-2015, 12:00 PM   #1329
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Quick question, dad wants to sell of some of his SGX shares without a broker to save on broker fees.

Is it possible? How do I go about doing it?

TIA!
just ask your father to login to his own brokerage account and then key in the order via the website
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Old 28-09-2015, 12:04 PM   #1330
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Oh, I get what you mean liao.

You can buy through a broker and sell using online trading account or vice versa.
just ask your father to login to his own brokerage account and then key in the order via the website
His brokerage is DBS Vickers Securities. Log in through there?
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Old 28-09-2015, 12:05 PM   #1331
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His brokerage is DBS Vickers Securities. Log in through there?
Yup, but first I recommend you log in to your cdp account to check how much shares you have.
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Old 08-10-2015, 05:59 PM   #1332
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Quick question, dad wants to sell of some of his SGX shares without a broker to save on broker fees.

Is it possible? How do I go about doing it?

TIA!
Sell via share certificate to his friends for cash.
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Old 09-10-2015, 01:55 PM   #1333
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Hi guys, sorry to bother you guys.

Just a question to clarify:

Since i'm below 21, i can't have a SCB account yet. So i am contemplating to get the DBS Vickers Young Investor Account or OCBC's Young Investor. It seems like OCBC's one is a wiser choice. True?
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Old 09-10-2015, 04:59 PM   #1334
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If I buy 100 fb shares at 95 and 100 Apple shares at 100 and sell 100 fb shares at 94 and 100 Apple shares at 90 at the same day what is the total commission I have to pay if I'm using climb cash upfront .
Is there commission need to be paid if I'm I making losses?
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Old 09-10-2015, 05:29 PM   #1335
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Hi guys, sorry to bother you guys.

Just a question to clarify:

Since i'm below 21, i can't have a SCB account yet. So i am contemplating to get the DBS Vickers Young Investor Account or OCBC's Young Investor. It seems like OCBC's one is a wiser choice. True?
There's no difference except the broker that you are assigned
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