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

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chowck

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$2 only for both entitlement + excess rts.

No refund even if not allotted any excess shares.

Which bank ATM you use that they refunded you the unallocated excess? That's very interesting.
 

MikeDirnt78

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Need to pay $2 for the ATM service. But I am refunded the $2 along with the excess rights that was not allocated subsequently so can be considered no fee. If didn't subscribe for excess rights, not sure if $2 will still be refunded.

i see. it has been a long time since i last exercised by rights from ATM. :s13:
 

Jazzbie

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$2 only for both entitlement + excess rts.

No refund even if not allotted any excess shares.

Which bank ATM you use that they refunded you the unallocated excess? That's very interesting.
Unallocated excess will definitely be refunded. Just that surprised that $2 more was refunded which I assumed was for the atm fee. Using DBS.

Sent from Samsung SM-G900F using GAGT
 

Soul77

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Ooh..thanks! I'll try and see if this works.

If Standard Chartered still don't allow you to open, I'm not sure if this method will work. But worth trying.

Go and open a virtual paper money account. I know think or swim provide this service.

https://www.thinkorswim.com/t/pm-registration.html

Then play around and familiarize yourself with stock trading. Their interface will overwhelm you though.

After you trade a few stocks, then go back to Standard Chartered and this time you can fill in that you have trading experience. If they are asking, then print your ToS virtual statements as proof.
 

lanzhu60

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hi , anyone knw if wana buy sgx dairy farm US share , wat do i need to do as it seems unable to purchase... pls advise
 

dakboyan

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If Standard Chartered still don't allow you to open, I'm not sure if this method will work. But worth trying.

Go and open a virtual paper money account. I know think or swim provide this service.

https://www.thinkorswim.com/t/pm-registration.html

Then play around and familiarize yourself with stock trading. Their interface will overwhelm you though.

After you trade a few stocks, then go back to Standard Chartered and this time you can fill in that you have trading experience. If they are asking, then print your ToS virtual statements as proof.

Virtual money...as good as demo account right? Don't really think this will be accepted too le. Think the CKA quite explicit that it asks for real experience if im not wrong.
 

xtreamzz

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Quick question... If I have a cheque from the US, is it possible to deposit it into my USD Settlement account? Will there be any minimum sum I have to maintain?
 

Perisher

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Quick question... If I have a cheque from the US, is it possible to deposit it into my USD Settlement account? Will there be any minimum sum I have to maintain?

Not possible. Not sure about multi-currency account though.
 

linxiaobei

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Quick question... If I have a cheque from the US, is it possible to deposit it into my USD Settlement account? Will there be any minimum sum I have to maintain?
Nope. You cannot directly fund it.

If you insist on cashing the cheque to your SGD esaver account, they will exchange according to their rate to SGD

Sent from Sun using GAGT
 

xtreamzz

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Not possible. Not sure about multi-currency account though.

Yeah... Called the hotline and was told the only way to keep it in USD is to open a Savings Account in USD which would need to maintain a daily average of USD$2k. Bummer.
 

Janson Ang

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just opened an account at nex. open the e$avers and link it to the trading account. the guy say minimum deposit need 3k. but i check sc online web say no need minimum sum. just need $1 then they wont close the account within 30days. anybody knows?
 

hyperbole

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just opened an account at nex. open the e$avers and link it to the trading account. the guy say minimum deposit need 3k. but i check sc online web say no need minimum sum. just need $1 then they wont close the account within 30days. anybody knows?

Min is 1k. Otherwise $5 fall below fee
 
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