A list of brokage firms available in singapore.

sharejunky

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Free Online Investing Services for SGX

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zilicon

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Sometimes, people just carry on trade without asking what commission is for? Last time b4 got online trading, brokers must do paper work & stuffs, but today with the technology available, nobody ask why still give commission to these brokers. They are not earning from useful services.

In fact, there is a serious flaw and impairment in this commission-based stock trading because whether stock value is positive or negative for the stock holders, a broker enjoy commission. A broker can encourage a negative and disastrous market and still reap commission from the stock meltdown. In principle, a online broker is handed a virtually risk-free business made in paradise with no duty, moral and culpability to give service.

Broker commission should be exterminated as it has become a meaningless give away of money.
 

dreamer75

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which brokage firm are u with now and why?

Have been using POEMS to trade for quite some time as its quite user frenly.

Which brokage firm offer a > 3 day contra feature?

I heard CIMB does?
 

fascist

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Hi, im trying to open an account in philips securities. What does this mean?

The CDP Linkage form is required by the Central Depository Pte Ltd to link your securities trading account to your Global Securities Account.

Does it mean u have to open an account with CDP first?

Thanks.
 

fascist

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And also if i'm intending to sign up online..what do i fill in the 'Net Worth' section ? Will it go tru if i'm an NSF?
 

wayneee

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hey, did u guys place any deposit when opening the iocbc trading account?

cause this is what i saw from their webbie under fees & charges..

'There is no administrative fee or subscription fee for using iOCBC. However, new clients may be required to place an upfront deposit of S$5,000 (interest earning). '
 

Singapura

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Commission is always so high even for online brokers!

I'm thinking of opening an account with e*trade (http://www.etrade.com.sg). They have a very low commission rate but can only be used to be US equity. Does anyone know of an online broker with low commission rate that allows trading on the Asian/Australian market?
 

Raider04

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wayneee said:
hey, did u guys place any deposit when opening the iocbc trading account?

cause this is what i saw from their webbie under fees & charges..

'There is no administrative fee or subscription fee for using iOCBC. However, new clients may be required to place an upfront deposit of S$5,000 (interest earning). '
What they put up on website is one thing, what they actually do is another. :)
 

fuhrur15

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hi guys,

this is probably out of the topic but i would like to enrol myself in some courses that cn teach me how to be a trader of learn the essentials of trading in a beginner or advance level.
any tips on where to get them?

thanks in advance..
 

sunnyboi

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Anakin1982

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Hi i'm another newbie intending to open my first trading account for buying shares - i'm a long-term investor, don't intend to day-trade etc.

would like to know the difference between setting up an account with those brokerage firms like POEMS and those bank-related ones like iOCBC?
 

greenbeam1980

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Hi, everyone.

I would to buy stock from New York Stock Exchange but I stay in Singapore. How to go abt doing so. Can someone advise me.

Thanks a lot.
 

MikeDirnt78

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Hi i'm another newbie intending to open my first trading account for buying shares - i'm a long-term investor, don't intend to day-trade etc.

would like to know the difference between setting up an account with those brokerage firms like POEMS and those bank-related ones like iOCBC?
if you are a long term investor, i suggest you open an acount with citibank. it has the lowest minimum commission at $22 only. others lowest is $25 or $28.

you can visit my blog for a comparison of brokerage charges to invest in SG and US market.
 

LittleTsar

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Thanks for all the information.
still confuse though which one to use.
I am planning to play on CFD.
any advice?

Thanks
 
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Im looking for a broker to day trade.

The curren t brokers, DBs vickers, IOCBC are too expensive to trade on just a few points.


IS THERE ANY CHEAPER BROKERS :(?

Also I plan to go to university in AUS and plan to start day trading (learning) there.

http://www.interactivebrokers.com.hk/en/accounts/fees/commission.php?ib_entity=hk

Intereactive brokers witha fee of 0.08 seems very attactive. for Aus stocks, ETF

All these discount brokers in USA offer very attractive rates from $7/ trade etc

But im very afraid that if I can't just go "there" a physical location like I can go to OCBC office or DBS if something is wrong


Any advice?
 

jeffsmith

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There are many brokers in Singapore with whom you can start trading and make money from this market. I can tell you some of the brokers whom you can find in Singapore are Oanda, Iforex, Finexo, Forex yard, Money Forex and AVAFX.
 

Extremme

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I think one of the factor to consider is the commission? Any reliable brokage with good commission?
 
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