
Individual Trading Account OCBC Securities Form
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People also ask
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Is the trading platform good?
Bank was named Best trading platform for retail at the FX Markets Asia Awards 2024.
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How to open a trading account on ?
Step 1: Log in to Mobile or Internet Banking. ... Step 2: Tap or click to open an Online Equities Account. ... Step 3: Provide your details. ... Step 4: Review and submit your application. ... Your Online Equities Account will be ready soon!
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What is the brokerage fee for securities?
Equities Contract ValueInvest OnlineBroker Assisted ≤ S$50,000 0.275% of investment amount 0.50% of investment amount S$50,000 – S$100,000 0.22% of investment amount 0.40% of investment amount > S$100,000 0.18% of investment amount 0.25% of investment amount Min. Commission S$25 S$40
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What is the brokerage fee?
A brokerage fee is a fee or commission a broker charges to execute transactions or provide specialized services on behalf of clients. Brokers charge brokerage fees for services such as purchases, sales, consultations, negotiations, and delivery.
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What is a personal securities trading account?
Personal Securities Account means a brokerage account in which an employee has any control or discretion to place orders to buy or sell securities or commodities.
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What is a securities trading account?
A securities account, sometimes known as a brokerage account, is an account which holds financial assets such as securities on behalf of an investor with a bank, broker or custodian. Investors and traders typically have a securities account with the broker or bank they use to buy and sell securities.
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What is the securities transaction fee?
On May 22, 2024, the SEC fee rose to $27.80 per million dollars of securities sold. While this was a massive increase from the $8 rate that was in place for the 2023 fiscal year, it's only slightly higher than the previous rate of $22.90.
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What is the brokerage fee in Singapore?
Depending on the brokerage, this can range from S$12 to S$40 for Central Depository (CDP) linked accounts. Simply put, brokerages will charge commission fees of between 0.12% and 0.375% (depending on the contract value), or the base fee, whichever is higher.
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