SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
The best way to trade US & European equity markets?
The best way to trade US & European equity markets?
Is anyone trading US & European equity markets? What is the best platform to use considering fund transfer, commission and client service for a person like me physically residing in Singapore? Please advise. Appreciate your reply. Thanks.
Re: The best way to trade US & European equity markets?
The Taiex is much more volatile! More risk bigger and quicker profits & losses! My broker is KGI.Taiwansolarv wrote:Is anyone trading US & European equity markets? What is the best platform to use considering fund transfer, commission and client service for a person like me physically residing in Singapore? Please advise. Appreciate your reply. Thanks.
http://www.kgieworld.com.tw/
He may be able to help you out, you will have to transfer funds to a bank in Taiwan though, to someone who is resident, I think! Europe & US are far too boring for me.
Last edited by ksl on Fri, 29 Dec 2006 4:06 am, edited 1 time in total.
Hi Solarv,
You may want to check out with local brokers in Singapore. Most of them offer trading platform for you to trade US, UK and Asian stock exchanges. The commission varies but qutie competitve, eg US$20 to $30 per trade.
If you are more adventurious, you may open account with online US brokers. Some of them allow trading in European exchanges. The commission are much lower than the local brokers eg. $8 to 15 per trade. One of the considerations is that you need to place a fund with them before trading.
Best wishes.
You may want to check out with local brokers in Singapore. Most of them offer trading platform for you to trade US, UK and Asian stock exchanges. The commission varies but qutie competitve, eg US$20 to $30 per trade.
If you are more adventurious, you may open account with online US brokers. Some of them allow trading in European exchanges. The commission are much lower than the local brokers eg. $8 to 15 per trade. One of the considerations is that you need to place a fund with them before trading.
Best wishes.
-
- Newbie
- Posts: 14
- Joined: Sat, 07 Oct 2006 1:56 pm
Interested in Futures & Forex trading instead?
Hi there,
Well. I'm a futures broker. We could have a little chat if you're interested in trading futures contracts (Major Mkt Indices, US , Eur, Asia) or commodties or forex, or in fact any contracts as long as they're listed on any known exchanges in the world.
Okay. So. Let me know if you wanna talk more..
Well. I'm a futures broker. We could have a little chat if you're interested in trading futures contracts (Major Mkt Indices, US , Eur, Asia) or commodties or forex, or in fact any contracts as long as they're listed on any known exchanges in the world.
Okay. So. Let me know if you wanna talk more..
Re: The best way to trade US & European equity markets?
I have not traded on Eurporean equity markets, but have been trading in US markets. I have opened an account with philip securites and yes its commission rates are bit high @USD25 minimum. I was tempted to open accounts with Scottrade, Ameritrade, Fidelity etc, who charge a flat commission rate of USD7 to 8 for any online trade more than 1 dollars, but you have to open an account by depositing USD10000. I finally opted for Philips securities as the money transfers are hasslefree through Giro or EPS (Electronic payment for shares). settlements are T+5 for sells and T+3 for buys.solarv wrote:Is anyone trading US & European equity markets? What is the best platform to use considering fund transfer, commission and client service for a person like me physically residing in Singapore? Please advise. Appreciate your reply. Thanks.
Check Philip Securities website: www.poems.com.sg
You can find the links for Ameritrade, Scottrade, Fidelity,cybertrader etc...at www.marketwatch.com
You can start trading once you CDP linkage is approved, when you open an account with philip securities. Trust me the returns are very good on US markets if you have the holding power on some of the good scrips.
batli
currency trading
any ideas where to start?
Re: The best way to trade US & European equity markets?
you can try this broking house https://www.optionsxpress.com , I use them to trade US equities and optionssolarv wrote:Is anyone trading US & European equity markets? What is the best platform to use considering fund transfer, commission and client service for a person like me physically residing in Singapore? Please advise. Appreciate your reply. Thanks.
"Share your opinions through Blogging !"
Re: The best way to trade US & European equity markets?
For the US market, you can usee DMG online.solarv wrote:Is anyone trading US & European equity markets? What is the best platform to use considering fund transfer, commission and client service for a person like me physically residing in Singapore? Please advise. Appreciate your reply. Thanks.
Its much better than poems as it has stop loss/gain options....
For poems you dont have that feature.
Execution time is most important
In my opinion, Ameritrade, Etrade etc are the best for those who want to do US equity trading. I use Etrade to place my trade in Japan and US stock, and I am quite happy and content.
There are so many trading platforms that almost everyone is offering the same service. But beware of those who offer low commission because it only means that your order will not be executed instantly. The time it takes to execute an order is very important especially in a crucial time when stock is plummeting 20% or more, or when the market crashes. I would rather pay more to cover my loses in a few second execution order than to wait for 20-30mins before my order is executed. There are many other things to consider too, so do your due diligence carefully.
Remember, the market is designed to make you lose money. It is how you play that makes the difference.
There are so many trading platforms that almost everyone is offering the same service. But beware of those who offer low commission because it only means that your order will not be executed instantly. The time it takes to execute an order is very important especially in a crucial time when stock is plummeting 20% or more, or when the market crashes. I would rather pay more to cover my loses in a few second execution order than to wait for 20-30mins before my order is executed. There are many other things to consider too, so do your due diligence carefully.
Remember, the market is designed to make you lose money. It is how you play that makes the difference.
"Anyone who has never made a mistake has never tried anything new."
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Capital markets banker from Hong Kong looking to relocate to Singapore
by Slau999 » Sat, 30 May 2020 8:20 pm » in Careers & Jobs in Singapore - 0 Replies
- 1834 Views
-
Last post by Slau999
Sat, 30 May 2020 8:20 pm
-
-
-
Germany travel Covid 19 and holiday markets
by Jgrif96229 » Sat, 21 Aug 2021 8:51 pm » in Travel & Holidays - 14 Replies
- 4500 Views
-
Last post by Jgrif96229
Sat, 04 Sep 2021 6:20 pm
-
-
- 4 Replies
- 2626 Views
-
Last post by tiktok
Wed, 01 May 2019 8:23 pm
-
-
Patience is the most important thing in doing foreign trade
by mmmaweiyuan » Wed, 10 Apr 2019 5:40 pm » in Business in Singapore - 2 Replies
- 2568 Views
-
Last post by mmmaweiyuan
Thu, 16 May 2019 4:25 pm
-
-
- 1 Replies
- 1639 Views
-
Last post by mmmaweiyuan
Wed, 17 Apr 2019 11:24 am
Who is online
Users browsing this forum: No registered users and 17 guests