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Trading account in Singapore and US, How to open trading account
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TSbrp71b
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Oct 28 2008, 11:40 AM, updated 18y ago
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New Member
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Hi , anybody knows the procedure of opening an account in Singapore and US? can give me the details such as : what form to fill up? which place to go? any agent to help on opening account from Malaysia? what is the agent charge? is it that must personally go there?
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ch_leong
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Nov 2 2008, 09:59 PM
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SG not sure. US you can use online trading such as etrade.https://us.etrade.com/
or scottrade. U can see the procedure for overseas client to apply an account via thier website. No need agent. all done via online. But form need to sign and send to US. Usually 1 month can be done. Charges for online trading some goes 9.99USD per transaction. quite affordable. Money transfer you can use Mayban2u wire/TT. Remember to fill in Witholding tax form to declare you are foreigner to avoid your dividend/capital gain being withheld by US government.
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gilabola
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Nov 3 2008, 01:12 AM
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You can try asking CIMB investment bank... I think they have a branch in SG (CIMB-GK Goh)
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yapbswan
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Jan 8 2009, 04:52 PM
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New Member
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Yes, as i know, i*Trade@CIMB provides cross border trading in US(AMEX, NYSE, NASDAQ), SIN, HK, LONDON, AUSTRALIA, THAI, INDONESIA.
What u need to do just open a share trading acc with cimb investment bank and fill up the cross border form.
I m working at retail equities department in cimb investment bank. I can help u on dis. Just PM me for further info.
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b00n
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Jan 8 2009, 04:57 PM
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delusional
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Alternatively you can open a trading account in OSK for both countries. They do have internet trading services also.
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xu7jp
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Jan 8 2009, 07:05 PM
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Getting Started

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for usa,hong kong and singapore u can use cimb for singapore and hong kong u can use hong leong sec.
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T_flash
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Jan 10 2009, 10:30 AM
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Getting Started

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Cimb still needs 10k deposit to start trading??? I think maybank doesn't need, but I don't know if they have cross border trades
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AdamG1981
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Jan 10 2009, 04:35 PM
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Nobody beats Phillips Capital.
WWW.POEMS.COM.SG.
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yapbswan
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Jan 10 2009, 06:06 PM
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New Member
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QUOTE(T_flash @ Jan 10 2009, 10:30 AM) Cimb still needs 10k deposit to start trading??? I think maybank doesn't need, but I don't know if they have cross border trades No, for normal share trading acc, it is only need 1k to start trading in klse or cross broder trading. 10k deposit is cimb clicks trader, but dis acc cannot trade cross broder, currently clicks trader promoting ZERO brokerage fee. This post has been edited by yapbswan: Jan 10 2009, 06:08 PM
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