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-   -   Standard Chartered - Only Online Trading in town with no minimum commission (https://forums.hardwarezone.com.sg/stocks-shares-indices-92/standard-chartered-only-online-trading-town-no-minimum-commission-3265890.html)

cuntzbuster 05-06-2011 11:12 AM

Standard Chartered - Only Online Trading in town with no minimum commission
 
http://www.standardchartered.com.sg/...s/masthead.jpg
http://www.standardchartered.com.sg/...ages/box01.jpg
http://www.standardchartered.com.sg/...ages/box02.jpg

:D

unclebutcher 05-06-2011 11:23 AM

Monday I going to battery rd to apply :P
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Guojing88 05-06-2011 12:19 PM

Cannot seem to find this on their website, any links?

kheng86 05-06-2011 01:12 PM

dbs vickers cash upfront cheaper right? 0.18%

starbugs 05-06-2011 01:17 PM

SCB no contra.

MikeDirnt78 05-06-2011 01:34 PM

Save your time. Just sign up online.

Cash upfront and there is no minimum brokerage fee! You can just buy a $10 worth of stock also :P

cuntzbuster 05-06-2011 02:30 PM

buy $0.001 penny stock
fee is 0.2 cents
how to pay:s11::eek:

KhunNimzo 05-06-2011 04:16 PM

Wow...0.20%.....

unclebutcher 05-06-2011 07:24 PM

Quote:

Originally Posted by MikeDirnt78 (Post 56510616)
Save your time. Just sign up online.

Cash upfront and there is no minimum brokerage fee! You can just buy a $10 worth of stock also :P

yes! A Godsend for people like me who want to DCA with limited funds.

Imagine you can buy 1 lot of a penny stock, say PTCL, at 40c and the commission is 80c :o

The old boy's club of local brokers aren't going to be happy....

unclebutcher 05-06-2011 07:25 PM

Quote:

Originally Posted by starbugs (Post 56510096)
SCB no contra.

I beliebe you CAN contra, cash is still only debited from you on T+3. Obviously you have to have the cash inside before you are allowed to buy.

I don;t think this is a problem, except for those who contra with money they don't have.

Jarlaxle 05-06-2011 10:53 PM

does share go to cdp?

IIIUSION 06-06-2011 12:12 AM

Confirm is cash upfront a/c? So only can buy can't sell?

Paul Lee 06-06-2011 09:04 AM

I know I'm going to sound terribly xenophobia but I dun trust foreign banks.

When I first graduated, my first credit card was actually with SCB. There customer service was quite terrible and they were very sticky on charges like late charge, interest charge, annual fee.

So in the end, I severed my relationship with them and never looked back. More or less same experience with Citibank. Bank of China was not a bad experience.

These was in the past and I'm sure their customer service has improved. But there is nothing that these foreign banks can offered me that the big 3 does not. And this will probably be through even when I become a HNWI.

So thanks but no thanks. Once bittern twice shy.

comeonshowme 06-06-2011 10:10 AM

From the term and conditions:
To qualify for the Online Trading promotion, all trades must be transacted online from 6 June 2011 to 15 July 2011 (both dates inclusive) ("Promotion Period").
......................................


I do not know what it means, but this no min comm maybe is within the promotion period only, does not mean forever...

Shihtzu 06-06-2011 10:26 AM

Quote:

Originally Posted by comeonshowme (Post 56537588)
From the term and conditions:
To qualify for the Online Trading promotion, all trades must be transacted online from 6 June 2011 to 15 July 2011 (both dates inclusive) ("Promotion Period").
......................................


I do not know what it means, but this no min comm maybe is within the promotion period only, does not mean forever...

thanks for the info..


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