How to Open a Stock Trading account in Singapore-Updated 2015

[harky]

should be 46.765 + 7% right ?

Then gst will be $46.53 x 007

So total comm payable is $46.53 + gst

 

[durianboy17]

Just wondering cimb got android app for me to trade while on the go?

 

[Sinkie]

Just wondering cimb got android app for me to trade while on the go?

no, but you can try the android app i made

 

[|XterA|]

May i ask which broker has the lowest comm? keen to open cdp account.. is dbsvickers the lowest among all?

 

[Sinkie]

May i ask which broker has the lowest comm? keen to open cdp account.. is dbsvickers the lowest among all?

if u are looking for contra, there are brokerages that offer 0.275%, there are some that offer 0.28% but minimun $25
if u are looking for cash uprfont + cdp, then its dbsv, poems and limtan offering 0.18%
if u are looking for custodian account, then its scb with no minimun commission

 

[harky]

Can i ask ... regarding on broker Commission Charges.
If it say contact is Up to S$50,000, mean every mth must have trade up to 50K?

 

[Sinkie]

Can i ask ... regarding on broker Commission Charges.
If it say contact is Up to S$50,000, mean every mth must have trade up to 50K?

no, it is when u feel like trading, then u trade,

u can trade 1 time per month, 1 time per year also can

 

[harky]

Thanks.
Btw i like to ask.... can we use CPF Investment Account to invest those sgx? rather than use pocket cash??

hahha my friend told me say can but i wonder really can a not?

 

[Sinkie]

Thanks.
Btw i like to ask.... can we use CPF Investment Account to invest those sgx? rather than use pocket cash??

hahha my friend told me say can but i wonder really can a not?

can, go to any local bank, like dbs, uob, ocbc, tell them u wan open a cpfis number

after a week or so, u will receive your cpfis number and letters, just tell your broker the cpfis number, n u can hoot with cpf le

 

[harky]

oh i tot cannot sia... LOL
actually i had one CPF Investment Account with UOB Bank under the CPFIS-OA.... LOL i tot is purely for CPF and nt linked... but those profits hor....... is go back to CPF ah or cash in to bank account?

can, go to any local bank, like dbs, uob, ocbc, tell them u wan open a cpfis number

after a week or so, u will receive your cpfis number and letters, just tell your broker the cpfis number, n u can hoot with cpf le

 

[Sinkie]

oh i tot cannot sia... LOL
actually i had one CPF Investment Account with UOB Bank under the CPFIS-OA.... LOL i tot is purely for CPF and nt linked... but those profits hor....... is go back to CPF ah or cash in to bank account?

profit goes back to cpf la, but shares kept with uob

 

[harky]

hahah.. but sound like more suitable for long term trading ah

profit goes back to cpf la, but shares kept with uob

 

[Sinkie]

hahah.. but sound like more suitable for long term trading ah

it depends how u see it, there are some who invest their cpf and multifold it, then pay off their housing, there are those who has excess cpf and invest in dividend stock to have a higher return yield every year.

 

[harky]

hmmmm my current CPF Investment Account with UOB Bank (inside got link with some policy account.) can i switch it to DBS/POSB?

 

[Sinkie]

hmmmm my current CPF Investment Account with UOB Bank (inside got link with some policy account.) can i switch it to DBS/POSB?

i suggest u show the letter to your broker, he will be in a better place to advise u on this.

 

[ksapple]

anyone using poems here? is the stock alert down or something? i jus subscribe it ytd today approve but i go click stock alert it give me a 404

 

[|XterA|]

Can i open CDP account with any banks by going to any of the branches or the ones listed at the first page?

 

[Sinkie]

Can i open CDP account with any banks by going to any of the branches or the ones listed at the first page?

Eh u cannot open in bank, but open in the securities firms or in Sgx.

 

[|XterA|]

Eh u cannot open in bank, but open in the securities firms or in Sgx.

alright thanks!

 

[Albedo]

can ask, if i have a CPFIS-OA trading account, does that mean I already have a CDP account?

I can't remember if I did apply for one.