Singapore Expats

any users of a trading platform ?

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
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eddievanh
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Post by eddievanh » Mon, 10 Nov 2008 9:38 am

sundaymorningstaple wrote:eddie, Singapore PR is only recognizable in Singapore. No where else in the world. Once outside of Singapore either by electronic means or physically, your PR means absolutely nothing.
Thanks. I know its nothing to do with the SIN PR, but rather something to do with DBSV being registered here and me being a CDN citizen....I am curious as to what is the exact ruling behind not allowing me to trade on NA markets is since the DBS rep couldn't give me a satisfactory reply.

MikeDirnt
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Post by MikeDirnt » Sun, 16 Nov 2008 5:25 pm

eddivanh there is nothing much you can do with DBS Vickers rule

alternatively you can sign up with other brokerage accounts
Guides and information -> Singapore Stocks

eddievanh
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Post by eddievanh » Tue, 18 Nov 2008 11:00 am

MikeDirnt wrote:eddivanh there is nothing much you can do with DBS Vickers rule

alternatively you can sign up with other brokerage accounts
Thanks Mike....I've been checking out others in Singapore such as Kay Hian, POEMS, CMC, SAXO. All apply the rules the same meaning that if you are a CDN or US citizen you cannot trade on CDN or US stocks.

Any one can recommend "non-local" registered online brokerage which is safe and not complicated in terms of requirements etc?

MikeDirnt
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Post by MikeDirnt » Tue, 18 Nov 2008 11:10 am

eddievanh wrote:
MikeDirnt wrote:eddivanh there is nothing much you can do with DBS Vickers rule

alternatively you can sign up with other brokerage accounts
Thanks Mike....I've been checking out others in Singapore such as Kay Hian, POEMS, CMC, SAXO. All apply the rules the same meaning that if you are a CDN or US citizen you cannot trade on CDN or US stocks.

Any one can recommend "non-local" registered online brokerage which is safe and not complicated in terms of requirements etc?
how about optionsxpress, etrade?
Guides and information -> Singapore Stocks

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ksl
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Post by ksl » Wed, 19 Nov 2008 1:15 am

eddievanh wrote:
MikeDirnt wrote:eddivanh there is nothing much you can do with DBS Vickers rule

alternatively you can sign up with other brokerage accounts
Thanks Mike....I've been checking out others in Singapore such as Kay Hian, POEMS, CMC, SAXO. All apply the rules the same meaning that if you are a CDN or US citizen you cannot trade on CDN or US stocks.

Any one can recommend "non-local" registered online brokerage which is safe and not complicated in terms of requirements etc?

Approach a Canadian broker, and see if you can transfer funds, to one of their accounts for trading..or if you have family back in Canada, do it through them. I deal in Taiwan through my wifes account and Poems in Singapore.

funksg
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hi fellow traders..anybody actively in forex ? used AVAFX ?

Post by funksg » Mon, 29 Dec 2008 3:38 pm

hi friends..

i am a avafx trader..has anybody sued ti ebfore..?
wud like to share the startegies for forex..?
failures n exp..?
wud b useful for all..
cheers

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sundaymorningstaple
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Re: hi fellow traders..anybody actively in forex ? used AVAF

Post by sundaymorningstaple » Mon, 29 Dec 2008 4:03 pm

funksg wrote:hi friends..

i am a avafx trader..has anybody sued ti ebfore..?
wud like to share the startegies for forex..?
failures n exp..?
wud b useful for all..
cheers
so would English and a spellchecker :roll:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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HouseRocker
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Post by HouseRocker » Sat, 03 Jan 2009 3:41 am

Use Interactive Brokers (IB) if you want to DayTrade or Scalp. Otherwise you can even use something like Options Express (OX) or Saxobank's platform. The main difference is in the commissions. IB charges only US 1.00 per 100 shares trade, one way. Which means it's only 2 buck per round trip per 100 shares.

Forget about those platforms that local banks provide if you want to trade 4 a living.

danialgoh
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Post by danialgoh » Mon, 05 Jan 2009 10:44 pm

I am currently using avafx. Its a good platform. And withdrawing the money to my paypal account is hassle free.

The link is http://www.avafx.com

Cheers.

Buddha_E
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Post by Buddha_E » Thu, 08 Jan 2009 11:29 pm

I am using IGmarkets. I apply my account with www.forexzillion.com

luxiana
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Post by luxiana » Fri, 09 Jan 2009 9:55 am

HouseRocker wrote:Use Interactive Brokers (IB) if you want to DayTrade or Scalp. Otherwise you can even use something like Options Express (OX) or Saxobank's platform. The main difference is in the commissions. IB charges only US 1.00 per 100 shares trade, one way. Which means it's only 2 buck per round trip per 100 shares.

Forget about those platforms that local banks provide if you want to trade 4 a living.
hi,

The application process at IB is quite lengthy! it took them a bit to get back to me on a few questions + their complance department is performing a couple of checks. anyway: I am opening an account . then I'll have to TT the funds. but I must say that the minium amount to open an account can be a turn off for many...

Ive tried Poems yesterday for the 1st time and I was a bit disappointed that you couldn't trade ETFs on the NYSE (could only find them on SGX). Maybe I just didn't spend enough time looking for it.
my website: free online game

Buddha_E
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Post by Buddha_E » Tue, 03 Feb 2009 11:19 am

Lately, the webmaster just add on a Video on Technical analysis. Look interesting...

www.forexzillion.com

Forget about phillip, evrything also wanna charge commission. Don't they know Forex is commission free nowadays.

raines
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Post by raines » Sun, 08 Mar 2009 11:56 pm

I tried IG and I like it :)
Other than that, Lim & Tan is good too..
CMC seems quite complicated.. have not tried the rest.

Thaiclan
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Post by Thaiclan » Mon, 09 Mar 2009 12:22 pm

I agree with HouseRocker. IB are the cheapest in the market and good customer service and tech support (imo). Esignal is also good as are CQG which has great lengthy back testing capabilities.
Saxo are expensive.

psp3002
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Post by psp3002 » Thu, 26 Mar 2009 3:56 pm

Hi there, I suppose that the most widely used platform in the world is forex and sorry I haven't head of the platform you dealing with. but you may take a look at wsd-nz.com, see if it will help

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