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

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Old 25-09-2015, 01:17 PM   #4591
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Got gst also.. dk levied on comm or sgx clearing.

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Old 26-09-2015, 12:33 AM   #4592
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Hi i would like to ask a qn here. Do I need an e$saver acc with scb to open the trading account?
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Old 26-09-2015, 01:03 AM   #4593
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Hi i would like to ask a qn here. Do I need an e$saver acc with scb to open the trading account?
you can open a dash saving account along with the trading account.
I did mine at plaza sing.
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Old 26-09-2015, 01:50 AM   #4594
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Got gst also.. dk levied on comm or sgx clearing.
I did an excel spreadsheet that auto calculates the Net Amount. I am just on Personal Banking, so my fees are 0.2%. If you are on Priority Banking, your fees are 0.18%. Replace accordingly.

Gross Amt = Qty x Price
SCB Commission = ROUND(Gross Amt x 0.2%,2)
SGX Fee = ROUND(Gross Amt x 0.0325%,2)
GST = ROUND((SCB Commission + SGX Fee) x 7%,2)
Net Amt = IF(TXN="BUY",(-Gross Amt-SCB Commission-SGX Fee-GST),(Gross Amt-SCB Commission-SGX Fee-GST))

Go figure it out yourself. Learn some basic excel formulas along the way.

Last edited by dexboi; 26-09-2015 at 01:53 AM..
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Old 26-09-2015, 11:40 AM   #4595
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Just open my account today at bedok branch. (: waiting for mails to come now.
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Old 28-09-2015, 01:59 AM   #4596
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I did an excel spreadsheet that auto calculates the Net Amount. I am just on Personal Banking, so my fees are 0.2%. If you are on Priority Banking, your fees are 0.18%. Replace accordingly.

Gross Amt = Qty x Price
SCB Commission = ROUND(Gross Amt x 0.2%,2)
SGX Fee = ROUND(Gross Amt x 0.0325%,2)
GST = ROUND((SCB Commission + SGX Fee) x 7%,2)
Net Amt = IF(TXN="BUY",(-Gross Amt-SCB Commission-SGX Fee-GST),(Gross Amt-SCB Commission-SGX Fee-GST))

Go figure it out yourself. Learn some basic excel formulas along the way.
I did figure out all the fees before but now forget liao. I tend to ignore some components in my portfolio becos i am peasant investor... those probly only make up less than ten cents per trade.

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Old 28-09-2015, 02:01 AM   #4597
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Just open my account today at bedok branch. (: waiting for mails to come now.
Congrats.

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Old 28-09-2015, 06:38 PM   #4598
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Guys. Dash easy account will have a separate mail with pin right? Separate from the card. I haven't receive after 7 days leh
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Old 28-09-2015, 06:40 PM   #4599
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Guys. Dash easy account will have a separate mail with pin right? Separate from the card. I haven't receive after 7 days leh
Yes, PIN is always sent separately. You might wanna wait for maybe a few more days before calling them.
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Old 28-09-2015, 07:03 PM   #4600
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hi guys, know i am slow here but here goes...

i am currently on e$saver, US trading and SIN trading accounts

to avoid the fall below fee on e$saver, i should open a dash account.

should i open the dash first, linked it to my US and SIN trading than terminate my e$saver? or there is a better way around this?

Appreciate your inputs!
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Old 28-09-2015, 07:04 PM   #4601
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hi guys, know i am slow here but here goes...

i am currently on e$saver, US trading and SIN trading accounts

to avoid the fall below fee on e$saver, i should open a dash account.

should i open the dash first, linked it to my US and SIN trading than terminate my e$saver? or there is a better way around this?

Appreciate your inputs!
No need to link lar. It's like your normal e$aver acct.
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Old 28-09-2015, 07:06 PM   #4602
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No need to link lar. It's like your normal e$aver acct.
hi bro,

That means i open the dash acct and terminate my e$saver on the spot?

Thanks
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Old 28-09-2015, 07:10 PM   #4603
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hi bro,

That means i open the dash acct and terminate my e$saver on the spot?

Thanks
Dash I not sure if can open offline at the SCB counter, best is go Singtel Comcentre at Somerset to do it if you want to open it offline (they have a counter for Dash application IIRC). Also need processing time leh.

Termiante e$aver can, but beware of the fees.
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Old 28-09-2015, 07:17 PM   #4604
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Dash I not sure if can open offline at the SCB counter, best is go Singtel Comcentre at Somerset to do it if you want to open it offline (they have a counter for Dash application IIRC). Also need processing time leh.

Termiante e$aver can, but beware of the fees.
sorry bro, what do you mean when u mention offline?

I was thinking to go Nex stand chart branch and open the dash and close my e$aver account? is it as simple as that or am i missing something along the way?

Thanks in advance
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Old 28-09-2015, 07:18 PM   #4605
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hi bro,

That means i open the dash acct and terminate my e$saver on the spot?

Thanks
can open dash acct at any sc banks but best is do it at plaza sing
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