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Old 14-04-2015, 07:05 PM   #3717
Bedokian
Senior Member
 
Join Date: Apr 2007
Posts: 2,194
Yes, I'm aware of the custody thing. But I've no issues with DBS or OCBC or UOBKH as custodians as they are local banks and considered safe and do not face any financial issues or losses.

Of course, they all have exorbitant custodial and dividend fees I believe?

I'm also looking into thinkorswim, any thoughts on that?
I beg to differ on the first part. Foreign banks such as SCB are under the QFB programme whose rules are almost as stringent as those that govern the local banks. Besides, there have been countless posts on the separation of equities from the bank assets via the use of trustees.

TOS works on a custodian basis as well.
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