If you’re looking to invest in the stock market, Standard Chartered Online Trading in Singapore may be the platform for you. With access to global ETFs, REITs, and shares across 14 major stock exchanges, you can diversify your portfolio and trade on the go. Plus, with a simple and secure internet banking service, you can perform transactions anywhere and anytime.
To get started with Standard Chartered Online Trading, you’ll need to apply for an online trading account. Once you’re approved, you can take advantage of features like global access, corporate action, and online trading. However, it’s important to understand the fees and charges associated with trading, as well as the risks involved. With the right knowledge and strategy, you can trade safely and responsibly.
Whether you’re a beginner or an experienced trader, Standard Chartered Online Trading offers additional resources and support to help you succeed. From expert reviews and insights to frequently asked questions, you can access the information you need to make informed decisions. With a little research and preparation, you can start investing in Singapore and beyond with Standard Chartered Online Trading.
Key Takeaways
- Standard Chartered Online Trading allows you to diversify your portfolio with global access to ETFs, REITs, and shares across 14 major stock exchanges.
- To get started, you’ll need to apply for an online trading account and understand the fees and charges associated with trading.
- With additional resources and support available, you can trade safely and responsibly and make informed decisions to succeed in the stock market.
Getting Started with Standard Chartered Online Trading
If you’re looking to diversify your investment portfolio and gain access to global markets, Standard Chartered Online Trading is a great option. Here are the steps to get started:
Creating an Account
To create an account, visit the SC.com/sg website and click on the “Open an Account” button. You’ll be asked to provide personal information, such as your name, address, and contact details. You’ll also need to provide your identification documents, such as your passport or national ID card.
Once you’ve submitted your application, it will be reviewed by Standard Chartered. If everything checks out, you’ll receive an email with your account login details. You can then log in to the website and start trading.
Navigating the SC.com/sg Website
Once you’ve logged in to your account, you’ll be taken to the dashboard. This is where you can view your portfolio, check your account balance, and place trades.
To place a trade, click on the “Trade” button. You’ll be taken to the trading platform, where you can select the stock or ETF you want to trade. You can also view real-time market data and place limit orders.
If you need help navigating the website or have any questions about your account, you can contact Standard Chartered’s customer service hotline. They’re available Monday to Friday, 8am to 5pm, at +65 6242 5333.
Overall, Standard Chartered Online Trading is a user-friendly platform that’s great for both beginner and experienced investors. With low fees and access to global markets, it’s definitely worth considering for your investment needs.
Understanding the Fees and Charges
If you’re considering trading with Standard Chartered Online Trading in Singapore, it’s important to understand the fees and charges that come with it. Here’s a breakdown of the commission structure and additional costs you should be aware of.
Commission Structure
When you make a trade with Standard Chartered Online Trading, you’ll be charged a commission based on the value of the trade. The commission rates are competitive in the Singapore market and are based on the following tiers:
| Contract Value | Commission Rate |
|---|---|
| <$50,000 | 0.20% |
| $50,000 – $100,000 | 0.18% |
| $100,000 – $250,000 | 0.15% |
| $250,000 – $1,000,000 | 0.12% |
| >$1,000,000 | 0.10% |
It’s important to note that these commission rates apply to online trades only. If you make an offline trade by calling a broker, you may be charged a higher commission.
Additional Costs
In addition to the commission fees, there may be other costs associated with trading on Standard Chartered Online Trading. For example, if you trade in warrants, there may be additional fees such as warrant trading fees and custody fees.
It’s also important to be aware of the annual account maintenance fee, which is $10 per quarter. However, this fee is waived if you make at least one trade in a quarter or have a total portfolio value of at least $30,000.
Finally, it’s important to note that there may be other costs associated with trading that are not explicitly listed here. Before making any trades, be sure to read the full pricing guide and understand all of the fees and charges that may apply.
In summary, trading with Standard Chartered Online Trading in Singapore can be a cost-effective way to invest in global markets. By understanding the commission structure and additional costs, you can make informed decisions and minimize your trading expenses.
Exploring Market Access and Stock Exchanges
When it comes to trading stocks, market access and the stock exchanges available are key considerations. With Standard Chartered Online Trading in Singapore, you can access the Singapore Exchange (SGX) as well as international markets.
SGX and International Markets
The SGX is the main stock exchange in Singapore, and Standard Chartered Online Trading gives you access to a wide range of