A list of brokage firms available in singapore.

[darkhorizon]

I see, thanks Sinkie!

 

[ykgoh]

Noob here. What are the differences between these brokerage firms?

Are there some that are good for certain things? E.g. lower buying / selling transaction fees? User-friendly interface? Better stock screening tool? Mobile app access for trading and tracking on-the-move?

Can experienced traders here recommend which brokerage is good for what? Thanks in advance.

 

[yongbarca]

does anyone know of a platform that lets you trade in SGX, ASX and US?

TIA

 

[evets]

does anyone know of a platform that lets you trade in SGX, ASX and US?

TIA

take a look at standard chartered online trading platform.

 

[tiertime]

Can I know which trading house in Singapore offers lowest commission for US stocks? issit CMC?

Or which one are you using?

 

[Sinkie]

Can I know which trading house in Singapore offers lowest commission for US stocks? issit CMC?

Or which one are you using?

Thinkorswim

 

[tiertime]

Thinkorswim

i hv just opened one with CMC it was fast and onnly needed 2 documentation..
the account registration with TOS is very tedious....still registration in process, seems their commission is a little bit lesser than CMC

 

[archcherub]

Hey Guys,

I just recently found out that Interactive Brokers now allow trading for SGX shares and wanted to share this fact with you guys. They previously did not have trade access to SGX shares.

Commissions from the website are at 0.12% of trade value with a minimum commission of SGD $3 which possibly makes it the cheapest broker for Spore shares around.

Do note that you will need to deposit $10k USD to open an account but after that you can take all the money out as there are no account minimums although you do need to have at least $2k equity minimum to make any trade.

As for the reputation and integrity of Interactive Brokers all i can say is that they are the biggest retail-type broker in the world and I have had no problems with them since I opened my account 3 years ago. As for whether they might do another MFGlobal lets just say that any bank/broker etc are capable of doing so and the only way to minimise damage is to never have too much parked with them. Just have enough to do your trades and take all profits out.

Cheers!

I believe IB don't allow Singapore residents to trade SGX stocks...
(hope I am wrong though)

 

[smartcashflow]

I am using thinkorswim.com.sg

it is only $1.25 per options contract. Very good value for me.

 

[Shiny Things]

DBS doesnt have AAPL only securities . please remove it.

What? DBSV offers US stocks - their brokerage rate is extortionate, but they do them.

 

[Nyan]

I believe IB don't allow Singapore residents to trade SGX stocks...
(hope I am wrong though)

now IB is charging 0.08% of trade value. $2.50 SGD per order.

which makes is cheaper than Standard chartered? which is 0.20%

 

[Sinkie]

now IB is charging 0.08% of trade value. $2.50 SGD per order.

which makes is cheaper than Standard chartered? which is 0.20%

You ft?????

 

[sophie.wee.weng]

Since I assume IB would not send snail mail to my house, surely I can register for a trading account using a fictitious address overseas?

 

[attitude-Ness]

Hi guys, i am new to trading. I am considering to open an account at standard chartered. Is it recommended? If not, what other trading accounts are recommended?i am
Looking for trading accounts with low commissions and if i do not use that account, there wont be any charges to my account. Thanks.

 

[Sinkie]

Hi guys, i am new to trading. I am considering to open an account at standard chartered. Is it recommended? If not, what other trading accounts are recommended?i am
Looking for trading accounts with low commissions and if i do not use that account, there wont be any charges to my account. Thanks.

eh, can actually go to another stick thread, first few posts came with the interface, commission, product, tools comparison among all brokerages.

http://deluxeforums.hardwarezone.co...account-singapore-updated-2012-a-3628498.html

 

[C32B]

Hi Sinkie, possible to do up a guide for Interactive Broker ? I'm sure there are some newbie who wants to know more about the IB and how it works.

 

[Departure81]

Dunno if should post here but don't really wanna flood this place with threads. From what I hear, not many people use Citibank to trade. Curious as from what I see, their min commission is $18, 0.25% if below 50,000, and this is cheaper than CIMB and DBS and all. Anyone have any insight as to why that is so? Thanks!

 

[Sinkie]

Dunno if should post here but don't really wanna flood this place with threads. From what I hear, not many people use Citibank to trade. Curious as from what I see, their min commission is $18, 0.25% if below 50,000, and this is cheaper than CIMB and DBS and all. Anyone have any insight as to why that is so? Thanks!

You need cash upfront and a citibank saving account which needs to maintain Minimun $3000 deposit in it even though it's $18 buy and sell via cdp

Might as well use cimb star saver cash upfront or dbs bank cash upfront to trade which is flat 0.18% and $18 min but that's only for buy. Normal prevailing rate of $25 min applies for sell

 

[Departure81]

You need cash upfront and a citibank saving account which needs to maintain Minimun $3000 deposit in it even though it's $18 buy and sell via cdp

Might as well use cimb star saver cash upfront or dbs bank cash upfront to trade which is flat 0.18% and $18 min but that's only for buy. Normal prevailing rate of $25 min applies for sell

Thanks for the clarification!

 

[Perisher]

This thread dates back to 2003... First page no updates... Things change a lot liao... Saw a newbie in another thread asking for online brokerage advise, wanna link him here but then he will have to read through the 10 pages to find the answer... Not that jialat, but why not do a updated thread? How to refresh this thread? Create a new online brokerage thread?