do I need to open a saving account with SCB before I can open the trading account ?
Do we need to have a cdp acc to trade through scb?
Yes, usually e$aver account since it has no minimum balance.
sorry ar, just to check, i bought shares using SCB online trading and dividends for M1 should have come in on 1st August...which account will it be credited to? Sorry, first time receving dividends...so noob here..
Hi all, newbie here. SCB currently offering two free trades of up to $100 each. I am new to trading and I am keen to get into this.
I read about CDP and still don't get it. So if I want to open a trading a/c with SCB, first I would need to register with CDP? Could any veterans here tell me where do I register with CDP or rather what I need to do to get started?
oh ok thanks!your trading account
hmm, but i checked my online SCB trading account but i did not receive anything?
i believe M1 dividends were paid on 1st August
ya, i just confirmed that online. sorry for my baddividend payable date for m1 is 14 AUG 2012
For SCB you don't need a CDP account, as SCB will be holding your shares.
I call the hotline and the customer service officer did not really explain clearly to me what I want to know
I want to know:
1. beside the 0.2% commission, any other charges (GST, SGX Clearing Fee, Access Fee) involved?
2. The 0.2% commission is both buy and sell need to pay separately? Meaning I buy then need to pay, when I sell need to pay again?
3. I can still received dividends, just that cannot go attend AGM and get annual report?
anyone here trading US stocks using SCB??
can advise on the total fees payable?
Same link I posted above.
so i'm only charge 0.25% for each trade i buy and 0.00224% for each trade i sell ?