Standard Chartered - Only Online Trading in town with no minimum commission

[MikeDirnt78]

The big problem is their platform fails during critical times. And cannot sell via other brokerage once trf out of Cdp.

the failure could be a blessing in disguise. if you are not allowed to trade, its good to take a step back, to rethink your action and not to panic just like the market. as an investor, this is the kind of trait that you should have. if you are a trader, then you probably pick the wrong platform. you have to factor such risks in your plan as SCB trading platform is still in its infancy stage.

 

[Shutterfly]

wah, quite good sia, but wat the commission for the sell trades?

Sell commission is 0.2%. For Buy commission, they will charge you first.. then reimburse every quarter if you meet the criteria of maintaining 100k in your security account.

 

[stocklah]

Sell commission is 0.2%. For Buy commission, they will charge you first.. then reimburse every quarter if you meet the criteria of maintaining 100k in your security account.

The sell commission of 0.2% is permanent or promotion period? becoz my current broker charge me 0.25%.

 

[slingshotpro]

The sell commission of 0.2% is permanent or promotion period? becoz my current broker charge me 0.25%.

My broker charge me 0.12% but i need to put $ deposit as collateral.

 

[stocklah]

My broker charge me 0.12% but i need to put $ deposit as collateral.

0.12% got monthly quota?

 

[Yowzer]

the failure could be a blessing in disguise. if you are not allowed to trade, its good to take a step back, to rethink your action and not to panic just like the market. as an investor, this is the kind of trait that you should have. if you are a trader, then you probably pick the wrong platform. you have to factor such risks in your plan as SCB trading platform is still in its infancy stage.

I feel regardless an investor or trader, one should develop the skills to react at the right time. Even as an investor, it's very strange to hope deliberately inconveniencing yourself via an ineffective system is a way to avoid panic.

 

[kelvinkezz]

went to SCB to transfer my shares from CDP... it's free...
dun listen to those CS...

Hi. Can share how u transferred the shares from CDP?

 

[Melicious]

I inputted my orders and i received a sms saying my order is filled. But I don't see my money deducted from the trading account. And i yet to receive any letter saying my stock holdings.

Did something went wrong

 

[Shutterfly]

The sell commission of 0.2% is permanent or promotion period? becoz my current broker charge me 0.25%.

Which bank? I though DBS and UOB offer even cheaper commission of 0.18% with cash upfront.

 

[sakuraji]

Hi. Can share how u transferred the shares from CDP?

Just go to any SCB branch and tell them you wanna transfer shares from CDP to SCB.

 

[HWZ1973]

I inputted my orders and i received a sms saying my order is filled. But I don't see my money deducted from the trading account. And i yet to receive any letter saying my stock holdings.

Did something went wrong

Everything will be done T+3

 

[HWZ1973]

wah..share share which counter you buy?

This counter not worth mentioning...
Jus wanna average and get out!

 

[MikeDirnt78]

I feel regardless an investor or trader, one should develop the skills to react at the right time. Even as an investor, it's very strange to hope deliberately inconveniencing yourself via an ineffective system is a way to avoid panic.

that is just your opinion. it doesnt apply to everyone.

if a cinema or a club are caught on fire, do you think its safe for everyone to stampede to the exit door? you need to remain calm.

 

[stocklah]

Which bank? I though DBS and UOB offer even cheaper commission of 0.18% with cash upfront.

serious bo? got any fineprint like monthly quota?

 

[Keverus]

Which bank? I though DBS and UOB offer even cheaper commission of 0.18% with cash upfront.

someone pls confirm? gotch minimum outlay or anything?

 

[Dividends Warrior]

Even as an investor, it's very strange to hope deliberately inconveniencing yourself via an ineffective system is a way to avoid panic.

I have always wanted to say this.

IMO, I feel it is very strange to even have this thread. This thread has been active for quite some time.

This is not really a good reflection on SCB trading platform and customer service. Why are there so many questions about this trading platform?

 

[makav31i]

someone pls confirm? gotch minimum outlay or anything?

DBS Vickers is minimum $18 or 0.18% whichever is higher for cash upfront account...

 

[Shutterfly]

serious bo? got any fineprint like monthly quota?

There is a minimum commission of $18.

 

[stocklah]

There is a minimum commission of $18.

tat's good, going to open an account with DBS now!

 

[xersion]

Hi. Can share how u transferred the shares from CDP?

not all SCB can do the transfer best to check with SCB helpline first... i done mine in JEM