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

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Old 18-02-2015, 01:47 PM   #3481
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How much does it cost to transfer from scb to cdp? $10.70 per lot (100shares)?
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Old 18-02-2015, 02:57 PM   #3482
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yea I was trying to see if i can get the brokerage fees from all trades and lump them together. at least less work.

i guess i got to do the primitive way for the last few purchases. (Guess i will record down next time when i do a purchase)
Easier to ask your broker, their system can see your monthly and annual brokerage as well as history of all your trades and comm
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Old 18-02-2015, 02:59 PM   #3483
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How much does it cost to transfer from scb to cdp? $10.70 per lot (100shares)?
Not too sure about the transfer cost but if your stock the liquidity is good (bid/ask only 1 bit difference) usually its cheaper to sell at scb then buy back the same stuff (credit into cdp)
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Old 18-02-2015, 08:45 PM   #3484
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Not too sure about the transfer cost but if your stock the liquidity is good (bid/ask only 1 bit difference) usually its cheaper to sell at scb then buy back the same stuff (credit into cdp)
Haha i did thought of it. But i guess the price of the stock matters.

Min commission is $25. Anyone know the cost of transferring from SCB to CDP?
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Old 19-02-2015, 08:32 PM   #3485
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Can i confirm that since the 0.2% is on the amount i buy/sell so whether i do DCA or lumpsum investing, the total charges should be the same right?
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Old 19-02-2015, 08:58 PM   #3486
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Can i confirm that since the 0.2% is on the amount i buy/sell so whether i do DCA or lumpsum investing, the total charges should be the same right?
Yes, you are right.

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Old 19-02-2015, 09:01 PM   #3487
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Can i confirm that since the 0.2% is on the amount i buy/sell so whether i do DCA or lumpsum investing, the total charges should be the same right?
Yes. Think of it as 0.2% on each buy/sell transaction.
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Old 19-02-2015, 10:43 PM   #3488
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yea I was trying to see if i can get the brokerage fees from all trades and lump them together. at least less work.

i guess i got to do the primitive way for the last few purchases. (Guess i will record down next time when i do a purchase)
There's a link under "Fees and Charges" I think where there's a cost calculator which you can input to find out the transaction costs of buying/selling. Makes it easier to calculate breakeven price!
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Old 23-02-2015, 10:10 AM   #3489
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i have a question here ok i just open my us trading account if lets say i buying any us stock do i need to pay for any holding fees? im a sinpgaorean
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Old 23-02-2015, 10:16 AM   #3490
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i have a question here ok i just open my us trading account if lets say i buying any us stock do i need to pay for any holding fees? im a sinpgaorean
nope.
try searching in this thread.
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Old 23-02-2015, 10:13 PM   #3491
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How much does it cost to transfer from scb to cdp? $10.70 per lot (100shares)?
can someone assist? i'm sure the answer is around 100-200 pages back but..
i'm also interested to know..
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Old 24-02-2015, 07:39 AM   #3492
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can someone assist? i'm sure the answer is around 100-200 pages back but..
i'm also interested to know..
I did it before but they waived the fee cause my portfolio with SCB is pretty large, hehe.

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Old 24-02-2015, 08:53 AM   #3493
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can someone assist? i'm sure the answer is around 100-200 pages back but..
i'm also interested to know..
If i am not wrong, it's $10.70 per type of shares. e.g if you transfer 2,100 shares of Keppel Corp; 4,300 shares of Singtel; 100 shares of DBS from CDP to SCB, you only pay $32.10. If someone has to pay $10.70 per lot (i.e. 100 shares), it wouldn't make any sense as he would be better off selling off the shares (incurring the commission charges) and buying back again using SCB.

Having said that, the last time i transferred from CDP to SCB, they didn't charge me the transfer fees. I guess it will be more strictly enforced if you transfer the shares out from SCB to CDP. Hope this helps!
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Old 24-02-2015, 09:05 AM   #3494
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I just executed a sell at 0.57 on scb but average buy price is 0.565 and scb lower my sell price to match buyer for preopening??

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Old 24-02-2015, 10:07 AM   #3495
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I just executed a sell at 0.57 on scb but average buy price is 0.565 and scb lower my sell price to match buyer for preopening??
I don't think it's possible. What kind of sell order did you use?
The limit order or the stop-loss?
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