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Why bother with Singapore broker?

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Old 04-02-2020, 01:06 AM   #1
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Why bother with Singapore broker?

FT Saxo,IBR,etc broker charging $4 per trade for Naq,NYSE etc.
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Old 04-02-2020, 10:47 AM   #2
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Agree. Only advantage I see with Singapore borkers is CDP (central depository) which theoretically is more safe than e.g. HSBC and Citibank which are used as a custodian of Saxo.

BUT CDP comes with an extra cost...

So I agree with you, I personally trade using Saxo which is low cost and good interface (which most local brokerages also lack).
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Old 04-02-2020, 02:05 PM   #3
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Their 'Platinum' account is the cheapest for foreign markets.

Although Phillips securities trying to match prices with their 'Cash Plus acc' with their $6.88 fee for US trades.

Enough of overcharge Sinkie brokers.
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Old 06-02-2020, 12:24 PM   #4
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got personalized service... can meet Tr for dinner n movie... some can go staycation tgt

Sent from CPF Account using GAGT
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