Standard chart priority banking like nothing much Hor?

[havetheveryfun]

i don't think it is about upset, and that post doesn't suggest that.

but more about being aware.

nope he is trying to say IBKR is much better

 

[reddevil0728]

nope he is trying to say IBKR is much better

Nothing to do with upset.

 

[elvintay07]

nope he is trying to say IBKR is much better

Yes. Ibkr is cheaper, better and easy to use also.

 

[reddevil0728]

Yes. Ibkr is cheaper, better and easy to use also.

even ibkr policy can change. so really depends on soon one retirement is

 

[limster]

The fact that SCB is no.2 to IBKR is already an achievement.

I am constantly on the lookout for new broker-custodians in order to diversify my custodians, looking at TD Ameritrade, Saxo, etc... I find them not attractive compared to SCB. Local old-school brokers are even worse.

My next hope is for FSMOne to allow LSE trading so I can park some LSE ETFs there as well. Currently I only use FSMOne for HK ETFs

 

[elvintay07]

The fact that SCB is no.2 to IBKR is already an achievement.

I am constantly on the lookout for new broker-custodians in order to diversify my custodians, looking at TD Ameritrade, Saxo, etc... I find them not attractive compared to SCB. Local old-school brokers are even worse.

My next hope is for FSMOne to allow LSE trading so I can park some LSE ETFs there as well. Currently I only use FSMOne for HK ETFs

DBS?

 

[reddevil0728]

DBS?

Got custodian fees

 

[limster]

https://www.dbs.com.sg/personal/inv...equity-trading-textlink-online-equity-trading
I'm not familiar with DBS fee structure, but this page says minimum comm for LSE is 21.60GBP????? That seems rather ridiculous? If someone could point to correct fee (I hope thats a typo or something)......

My main usage of SCB is to DCA about $2k x 4 LSE ETFs a month, not going to pay 85+GBP in comms a month for the privilege, not to mention platform fee

 

[chekseng80]

Actually for comm, since it is one time cost, 0.08% or 0.20% not much diff. No min comm for selling may not be a big concern during selling in retirement as u would likely sell at big chunk instead.

Can we opean join account for SCB PB?

 

[chekseng80]

The fact that SCB is no.2 to IBKR is already an achievement.

I am constantly on the lookout for new broker-custodians in order to diversify my custodians, looking at TD Ameritrade, Saxo, etc... I find them not attractive compared to SCB. Local old-school brokers are even worse.

My next hope is for FSMOne to allow LSE trading so I can park some LSE ETFs there as well. Currently I only use FSMOne for HK ETFs

I am looking at FSM also as they also support SRS and CPF.

 

[crystalnox]

Actually for comm, since it is one time cost, 0.08% or 0.20% not much diff. No min comm for selling may not be a big concern during selling in retirement as u would likely sell at big chunk instead.

Can we opean join account for SCB PB?

Although depending on how far away your retirement is, the rules/fees would have long changed by then. No point worrying about that now.

 

[chekseng80]

Although depending on how far away your retirement is, the rules/fees would have long changed by then. No point worrying about that now.

Correct, SCB and IBKR may not even exist by then. Everything might be on block chain and owned managed by ourself

 

[rottingapple]

Correct, SCB and IBKR may not even exist by then. Everything might be on block chain and owned managed by ourself

Bro your name same as my Dad name.

 

[havetheveryfun]

https://www.dbs.com.sg/personal/inv...equity-trading-textlink-online-equity-trading
I'm not familiar with DBS fee structure, but this page says minimum comm for LSE is 21.60GBP????? That seems rather ridiculous? If someone could point to correct fee (I hope thats a typo or something)......

My main usage of SCB is to DCA about $2k x 4 LSE ETFs a month, not going to pay 85+GBP in comms a month for the privilege, not to mention platform fee

shld be correct cos even for sg stocks, min comission is $27 if u dont use cash upfront .. cash upfront is $10.80


https://www.dbsvickers.com/vickers/pricing/singapore.page

 

[sglandscape]

nope he is trying to say IBKR is much better

Not upset but IBKR by % is a lot smaller, so it really only add up when the return has compounded. People may not realise it only later. Just a heads up.

 

[reddevil0728]

Actually for comm, since it is one time cost, 0.08% or 0.20% not much diff. No min comm for selling may not be a big concern during selling in retirement as u would likely sell at big chunk instead.

Can we opean join account for SCB PB?

SCB said cannot do joint account? Thought it should be something common

 

[direbmem]

Bro your name same as my Dad name.

He may actually be your Dad. Just that you don't know he surfs hwz

 

[direbmem]

https://www.dbs.com.sg/personal/inv...equity-trading-textlink-online-equity-trading
I'm not familiar with DBS fee structure, but this page says minimum comm for LSE is 21.60GBP????? That seems rather ridiculous? If someone could point to correct fee (I hope thats a typo or something)......

My main usage of SCB is to DCA about $2k x 4 LSE ETFs a month, not going to pay 85+GBP in comms a month for the privilege, not to mention platform fee

Wow u invest 8ksgd per month?

 

[chekseng80]

Bro your name same as my Dad namson

SCB said cannot do joint account? Thought it should be something commo

People who want to buy VWRA ETF in Standard chartered have 3 options to fund their purchase
(1) deposit S$ into SCB and change to US$ at SCB rate. some say the rate is lousy. Currently I agree it has gotten worse for the lower tiers. But my RM has mentioned before that if you are changing 6 figures, he probably can do the transaction at gold tier rate.
(2) go to money changer and buy US$, go to SCB counter and deposit the US$ cash into your High Account.
(3) change US$ elsewhere (interactive brokers, FSMOne, etc) and TT to SCB (TT chargeable but if your rate is so fantastic might be worth it)

Is gold tier rate as good as IBKR?

 

[chekseng80]

He may actually be your Dad. Just that you don't know he surfs hwz

Hi, son :xD