HWZ Forums

Login Register FAQ Mark Forums Read

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

Like Tree964Likes
Closed Thread
 
LinkBack Thread Tools
Old 23-06-2011, 06:35 PM   #106
Banned
 
Join Date: Aug 2006
Posts: 58,458
Btw, for SCB, can queue or not? The queue goes to the market? I dont want those that u queue and it only hits if u queue goes to the higher bid.

I email them a few questions regarding their platform a couple of days back and no response sia...

the no min. comm. is the biggest draw for me

so paul, i save u the trouble and call them myself
firstly, the tel no. given on the promo site - 1800 747 700 - is NOT the no. to call
it should be 1800 242 5333
1st operator gave me the run-around, promising the trading side will call me back... its been 1hr.. no call back...
2nd operator gave me the correct no. to call...

this is what i got;
************************************************************
The min. comm. is an ongoing thing... its not a promo..
the promo is the 2 free trades

The custodian of your shares is confirm - SCB will keep your shares
there's no custodian fees
but if u prefer to move your shares to CDP, u can request SCB to do so and they'll arrange it - again, no fees for this
************************************************************

for myself, the 2 free trades promo is no biggie... i'll standby and see what are the actual experiences...
(i'm secretly hoping for the no min. comm. practice to catch on) :p
Did they mention how much will be the commision after promo period?
Skurai is offline  
Old 23-06-2011, 07:37 PM   #107
Member
 
Join Date: Apr 2004
Posts: 183
Did they mention how much will be the commision after promo period?
it's suppose to remain the same
tkwei123 is offline  
Old 23-06-2011, 07:55 PM   #108
Banned
 
steventay's Avatar
 
Join Date: Jan 2000
Posts: 1,810
Btw, for SCB, can queue or not? The queue goes to the market? I dont want those that u queue and it only hits if u queue goes to the higher bid.

I email them a few questions regarding their platform a couple of days back and no response sia...



Did they mention how much will be the commission after promo period?
the queue should be go to the market as they are not market maker
steventay is offline  
Old 23-06-2011, 09:00 PM   #109
Master Member
 
lasnoblur's Avatar
 
Join Date: Mar 2008
Posts: 2,818
Cant even find the application form at their website. z

Email them already.
lasnoblur is offline  
Old 23-06-2011, 09:07 PM   #110
Master Member
 
lasnoblur's Avatar
 
Join Date: Mar 2008
Posts: 2,818
Btw, they have the trades combination thing rite?

Eg. 2 different buy orders for counter A at different timing = 1 commission ?
lasnoblur is offline  
Old 23-06-2011, 09:08 PM   #111
Honorary Member
 
Kiwi8's Avatar
 
Join Date: May 2001
Posts: 106,022
Most importantly is the interface too.

How is it? User friendly enough?
__________________
No mercy for the despicable IB scums. We must take the offensive against them.

Mourning Singapore democracy's death due to the 2017 presidential election farce.



Kiwi8 is offline  
Old 23-06-2011, 09:23 PM   #112
Banned
 
steventay's Avatar
 
Join Date: Jan 2000
Posts: 1,810
Btw, they have the trades combination thing rite?

Eg. 2 different buy orders for counter A at different timing = 1 commission ?
they dont combine. anyway they don't charge min comission fee...

all order are total cost * 0.2%
steventay is offline  
Old 24-06-2011, 03:01 AM   #113
Banned
 
Join Date: Aug 2006
Posts: 58,458
it's suppose to remain the same
the queue should be go to the market as they are not market maker
I see i see. ty for info.
Skurai is offline  
Old 24-06-2011, 01:56 PM   #114
Member
 
Join Date: Dec 2010
Posts: 196
Yes correct, you are "forced" to trade within your own means. Make sure that you have sufficient funds for the buy trade including GST and SGC clearing fees.

So for example, you are buying a stock principal value $1000, you must have at least $1010 in your account to provide for the commission, sgx fees and gst.


so must i transfer $ into the Securities account, before i can start purchasing the shares through the platform?
dbzcardcollector is offline  
Old 24-06-2011, 02:01 PM   #115
Member
 
Join Date: Dec 2010
Posts: 196
T+3 u will see the money back in your settlement account.

Buy = pay immediate from your settlement,
Sell = T+3 to be relflected in your settlement account.

if i buy and sell on the same day, when will the settlement account refund the money?
dbzcardcollector is offline  
Old 24-06-2011, 04:54 PM   #116
Arch-Supremacy Member
 
Join Date: Jan 2004
Posts: 10,629
Can we login and do trading via iphone internet ??
Mayhem69 is offline  
Old 24-06-2011, 05:58 PM   #117
Senior Member
 
n0_t1m3's Avatar
 
Join Date: Apr 2009
Posts: 601
Wink

I am new, anyone can teach ??
__________________
WTS> Instax Mini - Mini Hello Kitty Mahjong - YooBao Universal Portable Charger
n0_t1m3 is offline  
Old 24-06-2011, 07:08 PM   #118
Greater Supremacy Member
 
Sinkie's Avatar
 
Join Date: Jan 2009
Posts: 78,840
I heard the transfer from cdp to their custodian account will take 1 month..

Anyone can confirm?
Sinkie is online now  
Old 25-06-2011, 01:20 AM   #119
Senior Member
 
Join Date: Aug 2003
Posts: 1,673
just went to open to open an standard chartered e$aver account along with a online trading account.

the CSO told me from 1st June 2011, all e$aver account need a Minimum average daily balance of $1500?

I went to their website still put as $0. Anybody can confirm?
fighting is offline  
Old 25-06-2011, 04:33 AM   #120
Master Member
 
xd3vilx's Avatar
 
Join Date: Jun 2005
Posts: 2,555
just went to open to open an standard chartered e$aver account along with a online trading account.

the CSO told me from 1st June 2011, all e$aver account need a Minimum average daily balance of $1500?

I went to their website still put as $0. Anybody can confirm?
I just open a e$aver...my relationship manager told me is $0 eh. Never tell me the min average.
__________________
-------------------------------------------------------------------------
Han: What'd you expect? You didn't just play with fire, you soaked the matches in gasoline.
-------------------------------------------------------------------------
Han: Life's simple, you make choices and you don't look back.
-------------------------------------------------------------------------
xd3vilx is offline  
Closed Thread
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On