A list of brokage firms available in singapore.

[SCG8866T]

How? Is it by opening some foreign currency account?

No, a higher amt, you can go thru CMD to book a better rate instead of going through the board rate. Best is dont convert at all though. Open a mutli currency trust and store foreign currencies there. That way your contra gains or losses will remain in traded currency.

 

[SCG8866T]

I prefer DBS Vickers online,with 0.18% brokerage upfront, & 24 Hrs phone call quick svs. More over I receive $50 to $150 Cold Storage gift vouchers frequently, just give to my wife, happy !

Isnt CIMB better?(not being bias). They have 0.18% CUT(cash upfront trading). They waive our custodian fee if 2 trades are done in a month. Also every gross dollar brokerage you contribute gives you one tap for more point for your passion card(current promotion is two times). Which means you get rebate for cold storage, watson, guardian, krisflyer when you trade with cimb...

 

[evets]

anyone using oanda?

how issit?

check out cmc, ig market for those fx traders.

 

[evets]

Isnt CIMB better?(not being bias). They have 0.18% CUT(cash upfront trading). They waive our custodian fee if 2 trades are done in a month. Also every gross dollar brokerage you contribute gives you one tap for more point for your passion card(current promotion is two times). Which means you get rebate for cold storage, watson, guardian, krisflyer when you trade with cimb...

it depends what benefits excite you.

sometimes, there might not be opportunity in the market to put through that 2 trades.

and nowadays contra trading is tough...probably better to buy and hold. to get dividend...

 

[MilleniumX]

A noob question for a trading account:

If I can get on priority banking (for both DBS and SCB), it seems like the charges are the same (no min charge, no custody fee, 0.18% fee). However, I think the DBS platform allows mobile trading (or does it not)?

Am I missing something? Since on most threads people tend to point to SCB due to no min charge

 

[Sinkie]

A noob question for a trading account:

If I can get on priority banking (for both DBS and SCB), it seems like the charges are the same (no min charge, no custody fee, 0.18% fee). However, I think the DBS platform allows mobile trading (or does it not)?

Am I missing something? Since on most threads people tend to point to SCB due to no min charge

Use the mobile desktop mode to access both dbs treasury and scb trading account

So far only cimb securities cash upfront ( shares to Cdp) allow execution via their Mobile app

 

[MilleniumX]

Thanks, how about the question on charges? It looks identical. Just wanted to make sure I am not missing any [hidden] charges

If its the same, would you recommend DBS or SCB?

 

[Sinkie]

Thanks, how about the question on charges? It looks identical. Just wanted to make sure I am not missing any [hidden] charges

If its the same, would you recommend DBS or SCB?

Definitely scb

 

[Perisher]

Definitely scb

I wonder why though? If DBS can offer no min charge, no custody fee, 0.18% fee? Are there any other charges and fees?

 

[Sinkie]

I wonder why though? If DBS can offer no min charge, no custody fee, 0.18% fee? Are there any other charges and fees?

Dbs only waived custodian fee for 3-4 major market but not the rest + iirc there's admin charges for dividend received

So if all things same, scb is better as custody and dividend fee are waived for all market.

 

[MilleniumX]

Dbs only waived custodian fee for 3-4 major market but not the rest + iirc there's admin charges for dividend received

So if all things same, scb is better as custody and dividend fee are waived for all market.

That's interesting insight. Luckily I asked.

If I'm also looking to get exposure to US ETFs, or US stocks, is the argument still the same to go with SCB? Won't be huge exposure

Last question, if the shares are held under a custody, will I be eligible for rights issue, tender offers etc? If the process is troublesome, which non-custody account would you recommend?

 

[Twofield]

Hi guys, I'm really new to investing and I'm trying to set up my first trading account. I'm currently waiting for my CDP account to be approved and am looking for a suitable brokerage firm.

May i know if there is any links or webs that break down everything like trading, commission, custodian fees and what falls under them? What i understand now is that :

Only SCB has no min charge compared to others while others would cost $25 for every transaction made on the equity market

 

[Perisher]

Hi guys, I'm really new to investing and I'm trying to set up my first trading account. I'm currently waiting for my CDP account to be approved and am looking for a suitable brokerage firm.

May i know if there is any links or webs that break down everything like trading, commission, custodian fees and what falls under them? What i understand now is that :

Only SCB has no min charge compared to others while others would cost $25 for every transaction made on the equity market

http://forums.hardwarezone.com.sg/s...account-singapore-updated-2015-a-3628498.html
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