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CRViper 03-05-2012 07:54 PM

iOCBC Trading Platform
 
Is anybody here using iOCBC to trade? It doesn't seem to have additional functions like stop loss and market order.

I see the top right side says additional functions are blocked, anybody successfully asked their broker to activate it and used it before?

Paul Lee 03-05-2012 10:15 PM

Quote:

Originally Posted by CRViper (Post 66313272)
Is anybody here using iOCBC to trade? It doesn't seem to have additional functions like stop loss and market order.

I see the top right side says additional functions are blocked, anybody successfully asked their broker to activate it and used it before?

I dun used it so often but if its blocked, you probably need to 'chalk' up enough brokerage a month to gain access to the functions.

Frankly I'm not sophisticated enough to use such functions. You may call me a newbie in this area. :D

CRViper 04-05-2012 10:57 PM

Some functions are only available to peeps who trade more than $300 worth of broker commission per mth. But I thought are basic functions should be open to all... LoL

Guess not many peeps here uses iOCBC based on the replies here

Wood4 05-05-2012 01:06 AM

I use both Poems & iocbc.
I don't like iocbc because my starhub somehow is
not stable , need to log in again & again.
It also blanks out at times of refreshing.

Garlic & Butter 05-05-2012 09:33 AM

just give the broker a call to enable the buttons?

mines is also disabled by default

CRViper 05-05-2012 03:19 PM

Garlic: ok will try that on mon :)

Urs by default was disabled, so after calling urs got enabled?

Cos I don't feel so "protected" without stop loss... That's why trying my luck asking here :)

CRViper 05-05-2012 03:22 PM

Woods: so far no issues for me when I'm using it at home (using maxonline)

only got their mobile trading platform crashing on my iPhone when I'm on-the-go though. That I agreed with u that it's not so stable

Wood4 05-05-2012 09:20 PM

Quote:

Originally Posted by CRViper (Post 66358816)
Woods: so far no issues for me when I'm using it at home (using maxonline)

only got their mobile trading platform crashing on my iPhone when I'm on-the-go though. That I agreed with u that it's not so stable


I mean not stable with iocbc app on my iPhone only when I am out.
No problem with home Starhub line.
I

Garlic & Butter 08-05-2012 04:52 PM

Quote:

Originally Posted by CRViper (Post 66358756)
Garlic: ok will try that on mon :)

Urs by default was disabled, so after calling urs got enabled?

Cos I don't feel so "protected" without stop loss... That's why trying my luck asking here :)

i dint enable.. cos i dont trade very often and usually, most retail investors have very small holdings, and their orders get filled quite quickly and easily or just sell/buy instantly without queuing

so personally, i dont see the need to enable for the functions

lepin888 25-05-2012 08:30 AM

iocbc
 
i have heard of friends using iocbc and face problems such as:
- system breaking down evey few months esp after some 'upgrade'
- very slow posting of trades esp when market is active
- even worse for fictitious trades or trades of others being entered into their accounts! This is dangerous!

generally among iocbc, uobkayhian and cimb platforms - the consensus among most is that uobkayhian is most stable and friendly even on desktop and mobile platforms - at least no errors in fictitious trades.

Wood4 25-05-2012 06:37 PM

I found POEMS mobile on my iPhone stable .

CRViper 26-05-2012 09:06 AM

Called and asked. Was told the additional functionalities is still "being fixed" at the moment. They put my name on the "queue list" and once fixed in the future they will enable it.

healthytrader 28-05-2012 12:17 AM

So it is free for all to use? Just a new platform glitch is it?

wengweng 29-05-2012 10:36 AM

I use iOCBC on my iphone 4s. There is definitely a bug or two as once in a while, when I go to the Charting section, the program will hang and I have to power off and on my iPhone. Also, occasionally, the program will shut off itself suddenly. So it's quite quirky. I use it not to trade but to look at the charts and Bid/Ask iMatrix as these two features are lacking in the POEMS app.

Vitaall 29-05-2012 10:40 AM

I am using iOCBC and have to say its not as stable as POEMS,eg, the Times and Sales, just freezes after some time. And you have to click around to see current indices where POEMS is all in one page

wengweng 29-05-2012 12:27 PM

I have U-trade, POEMS and iOCBC. If I buy a certain stock using POEMS, will my brokers in U-trade and iOCBC know and vice versa?

I would not want my broker from any of the accounts feel bad because I "didn't give them the commission". Sometimes it's because I want to be able to buy more given that I am given different buy-sell limits by the 3 brokers.

Any comments?

Paul Lee 29-05-2012 02:43 PM

Of cos not. None of your brokers will know of your transactions you carried out with another brokers. Would you want them to know??

Nothing to feel bad about. You dun owe them a living or an explanation why you choose not to trade through them. In fact the onus is on them to provide you with a user-friendly interface, fast access, good and free features and a reasonable trade limits that will make you want to trade through them.

Why feel bad about a broker who only gives you a 5K buy limit and expect you to put a deposit for it to be raised? Like I say nothing to feel bad about, there's enough brokers in Spore to go shop around. As it is, the brokerage you pay for your trades are not exactly cheap.

wengweng 29-05-2012 04:15 PM

Thanks Paul, for your reply. I feel much better.

I thought I read somewhere not too long ago that now brokers can have access to our CDP accounts. That means they would be able to see what stocks and how many shares I have bought. That's why I raised the concern.

Some-one 29-05-2012 05:27 PM

Quote:

Originally Posted by wengweng (Post 67027119)
I have U-trade, POEMS and iOCBC. If I buy a certain stock using POEMS, will my brokers in U-trade and iOCBC know and vice versa?

I would not want my broker from any of the accounts feel bad because I "didn't give them the commission". Sometimes it's because I want to be able to buy more given that I am given different buy-sell limits by the 3 brokers.

Any comments?

That's crazy. Why would you feel bad? In fact, I even told my broker that I have other broker account. You pay for the broker service and they are responsible to giVe you the best experience. Do you feel bad about buying Apple product instead of Creative? If not, it is the same for broker.

Paul Lee 29-05-2012 07:58 PM

Quote:

Originally Posted by wengweng (Post 67033440)
Thanks Paul, for your reply. I feel much better.

I thought I read somewhere not too long ago that now brokers can have access to our CDP accounts. That means they would be able to see what stocks and how many shares I have bought. That's why I raised the concern.

That's just a proposal by SGX and has not been implemented. I believe you will also need to give permission to your broker for them to access your CDP account. And of cos that's something I will never do if I can help it.

Some-one 29-05-2012 08:54 PM

Quote:

Originally Posted by Paul Lee (Post 67039494)
That's just a proposal by SGX and has not been implemented. I believe you will also need to give permission to your broker for them to access your CDP account. And of cos that's something I will never do if I can help it.

Sorry, could I ask what is the worry? Are the brokers going to sell your shares without permission when they have access? I don't think our brokers are so irresponsible, isn't it?

blackie83 29-05-2012 08:55 PM

Need to call broker one meh?

Only call them when cannot login. Unless chiu elite to use phone order.

wengweng 29-05-2012 08:56 PM

Quote:

Originally Posted by Paul Lee (Post 67039494)
That's just a proposal by SGX and has not been implemented. I believe you will also need to give permission to your broker for them to access your CDP account. And of cos that's something I will never do if I can help it.

Ok, that's good. I didn't know it is just a proposal and has not been implemented. Thanks.

It's true about the 5K buy limit. I was given $200K limit by one broker (new account opened half a year ago) with whom I have bought some $400k+ worth of shares for long term investment. Another broker (many years but only recently applied for online trading) gaves me only $10k limit. What can one buy with $10K? Ultra-penny stocks? I actually felt a bit slighted. I was told to put in collateral if I wanted it increased.

Paul Lee 29-05-2012 09:56 PM

Quote:

Originally Posted by Some-one (Post 67041257)
Sorry, could I ask what is the worry? Are the brokers going to sell your shares without permission when they have access? I don't think our brokers are so irresponsible, isn't it?

Of cos not worried that they will sell shares without your permission. I dun think they can do that unless they hack into your account. Personally I see no value in giving my broker access to my cdp holdings.

thisisnotme1212 22-06-2012 12:52 AM

Quote:

Originally Posted by lepin888 (Post 66908657)
i have heard of friends using iocbc and face problems such as:
- system breaking down evey few months esp after some 'upgrade'
- very slow posting of trades esp when market is active
- even worse for fictitious trades or trades of others being entered into their accounts! This is dangerous!

generally among iocbc, uobkayhian and cimb platforms - the consensus among most is that uobkayhian is most stable and friendly even on desktop and mobile platforms - at least no errors in fictitious trades.

well...suspect u're from uobkayhian since u like disappear after a post.

would like to hear from the rest which trading platform r u most satisfied with?
cimb's chart does load on the web, and it doesn't have chart feature on their ipad apps.

would prefer one with charts and with some technical indicators so i can do some browsing and research while outside.

iocbc has chart, but from the comments above its buggy and hangs. do they have RSI and Moving Average indicators (on app)?

edit: the chart loads now...its quite comprehensive..but lacking on mobile support though.

Paul Lee 22-06-2012 10:50 AM

I have trading accounts with most of the brokerages and here are my observations.

L&T, UOB-KH and DMG are using basically the same trading platform abeit with a few visual customisation. The UI is basically the same. With a doubt, the UI is definitely the most friendly and very easy to use. The charts are based on Chartnexus so its rock solid. It also has more data than the free Chartnexus. The live streaming is stable.

I haven't use iOCBC much since its revamp but its definitely better than the previous one. Not sure how stable it is.

DBSV live streaming is iffy at time. The charts are not the best but I really like that you can customise the watchlist in any order, instead of alphabetically order.

POEMS has the worst and most unfriendly UI of all the brokerages and they dun seem particularly keen to improve after all these years.

I mainly use DBSV for my buy order cos the $18 commission for cash upfront is cheaper than most (except SCB which I refuse to use). For sell orders, it either UOB-KH or L&T depending on my mood. I only use POEMS for the Unit Share market.

I dun use mobile apps so the above comments is restricted to the desktop experience.

anfielder 22-06-2012 12:33 PM

Quote:

Originally Posted by Paul Lee (Post 67728044)
I have trading accounts with most of the brokerages and here are my observations.

L&T, UOB-KH and DMG are using basically the same trading platform abeit with a few visual customisation. The UI is basically the same. With a doubt, the UI is definitely the most friendly and very easy to use. The charts are based on Chartnexus so its rock solid. It also has more data than the free Chartnexus. The live streaming is stable.

I haven't use iOCBC much since its revamp but its definitely better than the previous one. Not sure how stable it is.

DBSV live streaming is iffy at time. The charts are not the best but I really like that you can customise the watchlist in any order, instead of alphabetically order.

POEMS has the worst and most unfriendly UI of all the brokerages and they dun seem particularly keen to improve after all these years.

I mainly use DBSV for my buy order cos the $18 commission for cash upfront is cheaper than most (except SCB which I refuse to use). For sell orders, it either UOB-KH or L&T depending on my mood. I only use POEMS for the Unit Share market.

I dun use mobile apps so the above comments is restricted to the desktop experience.

Actually the iOCBC platform is still the same as before, the revamp is just a cosmetic makeover of the home page.

ahboy82 22-06-2012 02:34 PM

Quote:

Originally Posted by Paul Lee (Post 67728044)
I have trading accounts with most of the brokerages and here are my observations.

L&T, UOB-KH and DMG are using basically the same trading platform abeit with a few visual customisation. The UI is basically the same. With a doubt, the UI is definitely the most friendly and very easy to use. The charts are based on Chartnexus so its rock solid. It also has more data than the free Chartnexus. The live streaming is stable.

I haven't use iOCBC much since its revamp but its definitely better than the previous one. Not sure how stable it is.

DBSV live streaming is iffy at time. The charts are not the best but I really like that you can customise the watchlist in any order, instead of alphabetically order.

POEMS has the worst and most unfriendly UI of all the brokerages and they dun seem particularly keen to improve after all these years.

I mainly use DBSV for my buy order cos the $18 commission for cash upfront is cheaper than most (except SCB which I refuse to use). For sell orders, it either UOB-KH or L&T depending on my mood. I only use POEMS for the Unit Share market.

I dun use mobile apps so the above comments is restricted to the desktop experience.

hi paul. why did u use other brokers for sell orders and not stick to dbsvickers???

Some-one 22-06-2012 04:23 PM

I like Vickers. I have iOCBC but the interface is very ugly and now I cannot seem to input the commission fees for any stocks that I bought using the new iOCBC interface. It seems like they auto calculate the commission fees for you but when there are rights issue or bonus issues or IPO, I would not be able to input the cheaper commission fees.

I also like Vickers for its 10 year data in Invest with Clarity as well as their screening tool. It used to be they do not have custodian fee for overseas stock and that is another plus point. Now, not so. Overall, as a fundamental investor, I still prefer Vickers.

Paul Lee 22-06-2012 05:56 PM

Quote:

Originally Posted by ahboy82 (Post 67733962)
hi paul. why did u use other brokers for sell orders and not stick to dbsvickers???

The simple answer is that the other brokers has better UI that DBSV. And since the commission for my sell trades is more or less the same across brokers, I just use the one that is easiest to use.

thisisnotme1212 22-06-2012 10:23 PM

Quote:

Originally Posted by Paul Lee (Post 67728044)
I have trading accounts with most of the brokerages and here are my observations.

L&T, UOB-KH and DMG are using basically the same trading platform abeit with a few visual customisation. The UI is basically the same. With a doubt, the UI is definitely the most friendly and very easy to use. The charts are based on Chartnexus so its rock solid. It also has more data than the free Chartnexus. The live streaming is stable.

I haven't use iOCBC much since its revamp but its definitely better than the previous one. Not sure how stable it is.

DBSV live streaming is iffy at time. The charts are not the best but I really like that you can customise the watchlist in any order, instead of alphabetically order.

POEMS has the worst and most unfriendly UI of all the brokerages and they dun seem particularly keen to improve after all these years.

I mainly use DBSV for my buy order cos the $18 commission for cash upfront is cheaper than most (except SCB which I refuse to use). For sell orders, it either UOB-KH or L&T depending on my mood. I only use POEMS for the Unit Share market.

I dun use mobile apps so the above comments is restricted to the desktop experience.

y do u refuse to use SCB then?

Paul Lee 22-06-2012 10:26 PM

Quote:

Originally Posted by thisisnotme1212 (Post 67744869)
y do u refuse to use SCB then?

Simple answer. Its a personal preference. I dun like my shares to be held in custodian by them.

chase78 28-04-2013 02:54 PM

imho... i have tried a few and uob is the best for PC web usage. it has the nicest easiest on the eyes interface. It has the best daily research report with fairly accurate and strong ideas. I dont use the screener as I have factset. The chart tool bull or bear not very accurate.
iocbc interface not that good. not easy on eyes. insist on java, you need to have latest updated java. quite troublesome.

for mobile app, I think iocbc is good. quite fast and responsive.

Paul Lee 28-04-2013 10:59 PM

Quote:

Originally Posted by chase78 (Post 75842397)
imho... i have tried a few and uob is the best for PC web usage. it has the nicest easiest on the eyes interface. It has the best daily research report with fairly accurate and strong ideas. I dont use the screener as I have factset. The chart tool bull or bear not very accurate.
.

Ever since UOB-KH implement thier ChartGenie, they give spamming us with the mail. Anyone has any idea how to turn it off? Its very irritating! :mad:

rine5 29-04-2013 08:23 AM

Quote:

Originally Posted by Paul Lee (Post 75856068)
Ever since UOB-KH implement thier ChartGenie, they give spamming us with the mail. Anyone has any idea how to turn it off? Its very irritating! :mad:

Go to 'Account Management' -> 'Preferences', look up 'ChartGenie Alerts' & deactivate.

Dividends Warrior 29-04-2013 08:25 AM

Quote:

Originally Posted by Paul Lee (Post 67744960)
Simple answer. Its a personal preference. I dun like my shares to be held in custodian by them.

Me too! :)

orrb86 20-04-2017 10:10 PM

Is there any reason why I do not have any Stop Loss function i iocbc?

homedriver 20-04-2017 10:13 PM

How come the stock average price bought few months back is difference in the indicative porfolio for yesterday and today? program bug?

OCBC Bank 21-04-2017 05:46 PM

Quote:

Originally Posted by orrb86 (Post 107558322)
Is there any reason why I do not have any Stop Loss function i iocbc?

Hi orrb86,

We are checking on this and will get back to you again.

^DG

OCBC Bank 21-04-2017 05:46 PM

Quote:

Originally Posted by homedriver (Post 107558366)
How come the stock average price bought few months back is difference in the indicative porfolio for yesterday and today? program bug?

Hi homedriver,

We are checking on this and will get back to you again.

^DG

OCBC Bank 25-04-2017 11:54 AM

Quote:

Originally Posted by homedriver (Post 107558366)
How come the stock average price bought few months back is difference in the indicative porfolio for yesterday and today? program bug?

Hi homedriver,

Thank you for your patience.

We would need more details to check.

Could you drop us a PM with your contact number and also let us know the counter and the tab that you are viewing if it is the “Current Portfolio” or the “Unrealized P/L”?

^DG

Junnie 25-04-2017 11:56 AM

hi,

i want to ask whether it is possible to make stop orders instead of only limit orders?

OCBC Bank 25-04-2017 12:26 PM

Quote:

Originally Posted by orrb86 (Post 107558322)
Is there any reason why I do not have any Stop Loss function i iocbc?

Hi orrb86,

Thank you for your patience. We are targeting to launch the stop loss function for SGX orders by end June.

^DG

homedriver 25-04-2017 10:01 PM

Quote:

Originally Posted by OCBC Bank (Post 107639146)
Hi homedriver,

Thank you for your patience.

We would need more details to check.

Could you drop us a PM with your contact number and also let us know the counter and the tab that you are viewing if it is the “Current Portfolio” or the “Unrealized P/L”?

^DG

Is current portfolio. For example my Fraser Cpt Tr (J69U) bought months back. In prev average price is 1.96 but today average price is 2.026. Wonder why the average price is difference.

thegodfather 26-04-2017 07:42 AM

You bought and sold and bought again, back to back right? If so, it's a bug in the system I get that often Also. You can just edit it manually.

But all the profit and cost in the settlement slip are correct just a small bug in platform Tommy factor in contra. That's how I see it.

Quote:

Originally Posted by homedriver (Post 107651565)
Is current portfolio. For example my Fraser Cpt Tr (J69U) bought months back. In prev average price is 1.96 but today average price is 2.026. Wonder why the average price is difference.


Bumblebee Man 26-04-2017 08:46 AM

On iocbc app, how do I remove a counter from my portfolio that has been delisted?

homedriver 26-04-2017 09:37 AM

Quote:

Originally Posted by thegodfather (Post 107656457)
You bought and sold and bought again, back to back right? If so, it's a bug in the system I get that often Also. You can just edit it manually.

But all the profit and cost in the settlement slip are correct just a small bug in platform Tommy factor in contra. That's how I see it.

No. All slots are buy in once, never sell any or buy some more. That's why I don't understand.

OCBC Bank 26-04-2017 06:48 PM

Quote:

Originally Posted by homedriver (Post 107651565)
Is current portfolio. For example my Fraser Cpt Tr (J69U) bought months back. In prev average price is 1.96 but today average price is 2.026. Wonder why the average price is difference.

Hi homedriver,

We would certainly like to help you out on your queries.

In order for us to do so, could you drop us a PM with your contact number so that we may check on the issue and call to assist?

Thank you.

winorlose 26-04-2017 06:51 PM

Inclusive of commission

I think ur trade size is small? Thats why avg price in portfolio shows a huge bump on ur buy price

OCBC Bank 26-04-2017 06:59 PM

Quote:

Originally Posted by Bumblebee Man (Post 107657344)
On iocbc app, how do I remove a counter from my portfolio that has been delisted?

Hi Bumblebee Man,

Could you PM us your contact number so that our customer service executives may call to advise further?

Thank you.


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