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

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Old 26-08-2013, 06:33 PM   #1576
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If you are a customer of SC HK- they offer their customers an iPhone app to trade.

Strange they dont offer it to Singapore customers yet.

Maybe we should push?
Not enough comm bah to push such technology. My advice is if going increase comm to make an app, don't make app better.
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Old 26-08-2013, 06:47 PM   #1577
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Not enough comm bah to push such technology. My advice is if going increase comm to make an app, don't make app better.
They make enough money to offer this to customers-

Especially if HK and other markets can.

Singapore shouldn't be treated like the poor cousin.
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Old 26-08-2013, 10:16 PM   #1578
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Managed to open an account with them.

Shares purchased using this account will be held by SCB and not CDP.

Can anyone enlighten me, what is the reason behind this?

Thanks in advance!
So that you need to use their platform to sell and they can earn the commission.
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Old 27-08-2013, 01:06 AM   #1579
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SCB Equities Trading hotline is 1800 242 5333 so i don't have to go through the main banking line.

COMPLIMENT:
Whenever I call, this indian guy always serve me. Is he the only CSO there? Balam or Balarge or something Ba.. He is efficient and will always fulfill his promise such as giving a call back by end of day or once the matter is resolved.

Anyway, my most recent CDP to SCB transfer took 2 working WEEKS. Just for an update to ppl who are expecting shares transfer.

COMPLAINT:
I still don't understand how some RM can be as stupid as a newbie. He insisted that I fill up the transfer form with my DBSV or POEMS or UOBKH or any brokerage account number. I told them my shares are with CDP. But he keep insisting that those stocks are bought with a broker. So I have to transfer from my broker firm to SCB.

Really feel like giving him a tight slap. SCB NEX Branch RM.
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Old 27-08-2013, 01:22 AM   #1580
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SCB trading platform is really bare minimum and fuss-free platform to place order and forget about it kind. With such low commission, please don't ask for more things like iphone app or live ticking price. I like it the way it is and hope the comm. remains the same.

Just use your iphone and login to SCB internet banking to execute your trades. What's so difficult about it. Shares bought will appear, money transferred will definitely still be yours, maybe it just need 2-3 working days. So have some patiences. And go explore every clickable links please. Set SMS notification, check open pending orders before complaining not enough power...

There is no other competitor in SG to offer something comparable as yet. So pls don't kill them for taking on a bold new frontier.

Btw, anyone knows if I can open a second Trading Account with SCB? Yes.
FAQ: How many Online Trading accounts am I allowed to open? How am I able to view my holdings?
There is no restriction to the number of Online Trading accounts that you are able to open. You are able to view your holdings online via the Online Banking link on Online Banking.
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Last edited by dexboi; 27-08-2013 at 06:11 AM.. Reason: Found the answer.
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Old 27-08-2013, 01:33 AM   #1581
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Singaporeans are hard to please. They want cheap if possible free but 5 stars services.

I like the way it is now. Hopefully the low cost commissions stay on longer. I am saving tons of $$$ at the moment.
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Old 27-08-2013, 08:55 AM   #1582
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please don't ask for more things like iphone app or live ticking price. I like it the way it is and hope the comm. remains the same.
You seriously think that by putting out an iPhone app they're going to push up the prices of commissions across the board?

Do you know what a minor cost it would be compared to the daily commissions they receive?

They've done it for other markets already.

You seriously need to stop being so scared of banks. You're the customer.

I will be requesting it. Do you honestly believe they'll push up the commission across the board just because one person asks for an iPhone app? Dude.. Seriously.
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Old 27-08-2013, 08:57 AM   #1583
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You seriously think that by putting out an iPhone app they're going to push up the prices of commissions across the board?

Do you know what a minor cost it would be compared to the daily commissions they receive?

They've done it for other markets already.

You seriously need to stop being so scared of banks. You're the customer.

I will be requesting it. Do you honestly believe they'll push up the commission across the board just because one person asks for an iPhone app? Dude.. Seriously.
actually they already have an iphone app for banking, all they need to do is to add in one more page for scb shares trading, probably it is in their pipeline already or else MAS doesnt allow then to add in?
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Old 27-08-2013, 08:59 AM   #1584
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actually they already have an iphone app for banking, all they need to do is to add in one more page for scb shares trading, probably it is in their pipeline already or else MAS doesnt allow then to add in?
Exactly..

They've now got S2B (finally) as an app.

Other markets are doing it.

People, don't be scared to demand services from your bank. They are not struggling.
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Old 27-08-2013, 12:00 PM   #1585
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People, currently I am kinda struggling with SCB online trading regarding the amount in the security settlement acc. The thing is the transaction amt is not cleared instantly from the acc when I buy/sell shares and this gets messy when I want to use the credit that I got from the sales to purchase another counter but the amt reflected is not my actual credit. I also cannot find the Purchasing Power indicator .. so I have to wait a few days before the amt gets posted to the respective accs before I have a clear view of whats left in the settlement acc. Anyone has the same issue?
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Old 27-08-2013, 09:50 PM   #1586
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Anyway, my most recent CDP to SCB transfer took 2 working WEEKS. Just for an update to ppl who are expecting shares transfer.

COMPLAINT:
I still don't understand how some RM can be as stupid as a newbie. He insisted that I fill up the transfer form with my DBSV or POEMS or UOBKH or any brokerage account number. I told them my shares are with CDP. But he keep insisting that those stocks are bought with a broker. So I have to transfer from my broker firm to SCB.

Really feel like giving him a tight slap. SCB NEX Branch RM.
Had the same experience with SCB vivo too..
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Old 29-08-2013, 10:21 PM   #1587
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Anyone got experience with the stop loss feature?
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Old 30-08-2013, 10:15 AM   #1588
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Hi Guys,

Just wanna ask those with existing SCB acc...
I recently just went to open 1 and i filled up the CAR form... but how come when my account is activated the website still prompts me to fill up the form again?
Please advise.

Cheers
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Old 30-08-2013, 11:29 AM   #1589
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Hi Guys,

Just wanna ask those with existing SCB acc...
I recently just went to open 1 and i filled up the CAR form... but how come when my account is activated the website still prompts me to fill up the form again?
Please advise.

Cheers
to clarify, your trading account has been opened already?
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Old 30-08-2013, 11:54 AM   #1590
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Dear all,

Need some clarification.

Recently opened a trading acct with them.

They sms me the temp password, but no user ID given.

How do I login? or should I just wait for their mailer once account has been completely open.

Thanks in advance!
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