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

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Old 08-01-2015, 07:24 PM   #2941
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Woah, don't panic guys. Wait for official confirmation... and keep that backup account
Yeah, wait for confirmation lah, u all machiam behaving like Scb is tio Mfglobal like that..



Still got hope
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Old 08-01-2015, 07:28 PM   #2942
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SCB replied in Facebook that the online trading platform is not affected.
I think that is good news for all,at least for the short term

but looking long term.. their business still not making profits.. so really hard to see them survive for years to come

still safer to diversify (have a few trading accounts), can't really see the downside of having a few accounts hor?
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Old 08-01-2015, 07:29 PM   #2943
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I'll just open with cimb since its link to cdp and SRS.
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Old 08-01-2015, 07:31 PM   #2944
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For Srs and Cpf, is the standard 0.275% and min $25 de

Is same for all brokerages de
Not same. Poems odd lot trading is $15+ broker fee
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Old 08-01-2015, 07:34 PM   #2945
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For Srs and Cpf, is the standard 0.275% and min $25 de

Is same for all brokerages de
ot abit: sinkie are you a broker? if so any difference if i am under u or your collegues? i mainly do diy trading, current broker just sends email blasts every morning
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Old 08-01-2015, 07:37 PM   #2946
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Not same. Poems odd lot trading is $15+ broker fee
Odd lot only 3 brokersge can do; cimb, poems and limtan

Odd lot min is $15 but need manual request though so when u buy sell oddlot, pls call broker to make necessary changes
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Old 08-01-2015, 07:37 PM   #2947
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ot abit: sinkie are you a broker? if so any difference if i am under u or your collegues? i mainly do diy trading, current broker just sends email blasts every morning
ehh, if you don't mind just pm me lor, I'm good
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Old 08-01-2015, 07:40 PM   #2948
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I think that is good news for all,at least for the short term

but looking long term.. their business still not making profits.. so really hard to see them survive for years to come

still safer to diversify (have a few trading accounts), can't really see the downside of having a few accounts hor?
Don't worry, I just asked my Scb rm, this retailer equity biz still can be used, but she can't guaranteed if the "no min comm" scheme will still be applicable or not in the near future but will let me know if there's any changes

Apparently there will be 2 rounds of retrenchment, today is jus the first round nia, a few are already "starting" to look around



Csb applies
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Old 08-01-2015, 07:50 PM   #2949
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Don't worry, I just asked my Scb rm, this retailer equity biz still can be used, but she can't guaranteed if the "no min comm" scheme will still be applicable or not in the near future but will let me know if there's any changes

Apparently there will be 2 rounds of retrenchment, today is jus the first round nia, a few are already "starting" to look around

Csb applies
wah shag, today first round nia ah.. can't imagine second round... poor singaporeans being jobless soon... now financial industry really is eat grass sia

i read that remisiers earnings average 1k nia.. dunno the newspaper article zhun or not
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Old 08-01-2015, 07:57 PM   #2950
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ehh, if you don't mind just pm me lor, I'm good
Do you get a commission even if the client does his own trading online?
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Old 08-01-2015, 07:58 PM   #2951
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I'll just open with cimb since its link to cdp and SRS.
Yeah, just open online lor, then choose and select for them to send u the foms, together with a return envelope with all your details filled in, then just sign n mail back at your convenience within 1 month time. Then just take photo of your ic, back and front and upload or email them to complete once u received the form.

Or else download n print forms damn mafan also..
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Old 08-01-2015, 07:59 PM   #2952
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Yeah, just open online lor, then choose and select for them to send u the foms, together with a return envelope with all your details filled in, then just sign n mail back at your convenience within 1 month time. Then just take photo of your ic, back and front and upload or email them to complete once u received the form.

Or else download n print forms damn mafan also..
I probably just drop by since I work nearby. Thanks for the info.
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Old 08-01-2015, 08:01 PM   #2953
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Do you get a commission even if the client does his own trading online?
Yeah, u diy trade, we do still have % shares of it one.. Brokers are mainly just to bear risk only also.. Don't worry lah..
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Old 08-01-2015, 08:01 PM   #2954
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ehh, if you don't mind just pm me lor, I'm good
wow u are a remisier or house dealer?
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Old 08-01-2015, 08:04 PM   #2955
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wow u are a remisier or house dealer?
Just a small small staff nia lahh..
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