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

[MikeDirnt78]

For USA market, what is the spread for converting SGD to USD?
Where can I find the tax information about investing in USA market?

you can safely add 1.5% premium to spot rate.

 

[Steyr69]

where do i access the scb trading platform?

from the internet banking.

looks like they (SCB) didnt do a good job....i also figure out myself after sometime.

click on the Online trading.....then have to agree to a few things...then only you can see the trading screen.

now i got another question.
i transfer $ from my esaver to settlement account....is this enough to start trading?
coz SCB need account to have $ in order to trade.

 

[BillGate888]

Ur buying power is the amount of money u deposit in ur settlement a/c.
I like their no minimum commission features.

 

[KoNz87]

looks like they (SCB) didnt do a good job....i also figure out myself after sometime.

click on the Online trading.....then have to agree to a few things...then only you can see the trading screen.

now i got another question.
i transfer $ from my esaver to settlement account....is this enough to start trading?
coz SCB need account to have $ in order to trade.

if 1 share cost $0.90, 1 lot = $9000, and you only have $3000 in your settlement account. The order will be rejected due to insufficient funding. So make sure your account have more fund > Market valuation of the share you buying.

 

[micromousez]

is this the form I need to fill up if i only wan trade SGX stock such as Singtel?

https://www.sc.com/sg/_pdf/Y20157_310480_SCB_Online_Trading_AppF_6PP_Single.pdf

 

[for_friend]

GRRRR... Standard Chartered Online Trading is down again.

 

[MikeDirnt78]

GRRRR... Standard Chartered Online Trading is down again.

the market is not even open yet when you posted. do you have panic attack or the mindset that you need to try to queue before the others? if YES, then this trading account dont suit you.

i just log in to queue some stocks. it is working.

 

[for_friend]

Nope, I tried at around 910 too. So its not panic attack. Its working now. I called SCB and they say facing some technical problems.

the market is not even open yet when you posted. do you have panic attack or the mindset that you need to try to queue before the others? if YES, then this trading account dont suit you.

i just log in to queue some stocks. it is working.

 

[exterminazn]

how long it normally takes to transfer funds for eg from POSB to SCB esavers account?

Is there a faster way to transfer funds?

 

[HWZ1973]

Waiting for them to come up with an app for trading.

 

[Garlic & Butter]

how long it normally takes to transfer funds for eg from POSB to SCB esavers account?

Is there a faster way to transfer funds?

over the counter is fast
even faster, deposit cash via the cash deposit machine

 

[for_friend]

I use skyfire for iphone trading. Good enough for me.

 

[exterminazn]

over the counter is fast
even faster, deposit cash via the cash deposit machine

sorry but in this case, I have to bring a stack of notes to the counter/cash deposit machine to deposit the money? isnt it dangerous?

 

[roz_sid]

Yo guys. How do I see how many ppll selling n buying at a certain price for a stock. Dont think scb avail. Which platform avail? Thx

 

[for_friend]

Yo guys. How do I see how many ppll selling n buying at a certain price for a stock. Dont think scb avail. Which platform avail? Thx

I have 2 platforms. on SCB and another Cimb trading platform. I use CIMB for monitoring and trading when SCB is down / trading of large volumes at one go and for SRA account.

 

[MikeDirnt78]

I have 2 platforms. on SCB and another Cimb trading platform. I use CIMB for monitoring and trading when SCB is down / trading of large volumes at one go and for SRA account.

thats what many people do. they use other brokers for monitoring of live prices. then use SCB to trade.

pity the other brokers.

 

[roz_sid]

I have 2 platforms. on SCB and another Cimb trading platform. I use CIMB for monitoring and trading when SCB is down / trading of large volumes at one go and for SRA account.

Hi. U mean cimb can see the no of lots ppl r selling n buying at x price for a stock? Meaning eg singte now 3.56. So u can see how many lots ppl r selling at say 3.60, 3.70... as so on? Thn u can place your bid?

 

[bardee]

got a question, does the stop loss order set daily or can i set to not expire?

 

[roz_sid]

got a question, does the stop loss order set daily or can i set to not expire?

Daily bro. How u liking scb so far? Anybody can help me w my question above. Thx

 

[denn23]

I use skyfire for iphone trading. Good enough for me.

thx for this