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List of the cheapest stock brokers in Singapore

List of the cheapest stock brokers in Singapore

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cheaponana Offline
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#1
14-01-2013, 12:36 AM
Check out this comparison of the stock brokers in Singapore from Cheaponana.com

[Image: share.jpg]

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KopiKat Offline
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#2
14-01-2013, 08:29 AM
I have an acct with UOBKH. For the normal account, online rates is 0.22% for $50k to $100k. Negotiable if >$100k.

Go check their FAQ 6 at http://www.utrade.com.sg/index.jsp
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Temperament Offline
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#3
14-01-2013, 11:54 AM (This post was last modified: 14-01-2013, 11:55 AM by Temperament.)
Try Citi Bank brokerage if you don't like your stocks under other custodians except CDP. They have Stop Loss Order and Good Till Cancel order. But your buy order is valid only when you have CASH UPFRONT with them. No CPFIS is allowed.
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2) Rule # 2, refer to # 1.
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A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

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2V. Offline
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#4
14-01-2013, 12:05 PM
(14-01-2013, 12:36 AM)cheaponana Wrote: Check out this comparison of the stock brokers in Singapore from Cheaponana.com

[Image: share.jpg]

Any comments?

I believe this list is outdated, the commission already must lower now
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chialc Offline
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#5
14-01-2013, 03:50 PM
many people talks about having an edge...

worth considering...standchart's 0.2%
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d.o.g. Offline
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#6
14-01-2013, 10:51 PM
(14-01-2013, 03:50 PM)chialc Wrote: many people talks about having an edge...

worth considering...standchart's 0.2%

These fee differences are irrelevant for small and large investors alike.

For small investors it is the minimum (typically $25) that matters, you won't get the 0.x% until your transaction is $10k or more, and even then you'll save maybe $5-10. Drink one less Starbucks coffee and there's your $5.

For large investors, the rates are negotiable. As the table shows, once you go above $50k per transaction, the fees start coming down. Very large investors may pay 0.1% or even less.
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Share Investor Offline
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#7
15-01-2013, 07:55 AM
Will there be more risk if the stock broking firm is the custodian?
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CityFarmer Offline
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#8
15-01-2013, 10:07 AM
(15-01-2013, 07:55 AM)Share Investor Wrote: Will there be more risk if the stock broking firm is the custodian?

additional counter-party risk of the broker firm
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felixleong Offline
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#9
15-01-2013, 10:18 AM
DBS looks cheap, 0.18% nia
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Share Investor Offline
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#10
15-01-2013, 11:31 AM
(15-01-2013, 10:07 AM)CityFarmer Wrote:
(15-01-2013, 07:55 AM)Share Investor Wrote: Will there be more risk if the stock broking firm is the custodian?

additional counter-party risk of the broker firm

If MAS has good regulations in place, counterparts risk should be minimal. In the event these brokers fold up, the shares should be transferred back to owners.
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