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Nicholas Beh
13 Apr 2021
Student Ambassador 2020/21 at Seedly
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You can become an "Ace Trader" simply by making more trades. SGX trades qualify, even though there is a no minimum commission promotion currently going on. Technically you could make multiple small SGX trades (eg. 10x HST/ES3) in order to hit the goal of 200 trades within a month.
Check out this guide on how to get Ace Trader status.
Aside from gaming the system to get the benefits, it is a scheme to encourage users to trade more and increase commission revenue. Without the no minimum commission promotion, you would need to accrue at least 400 USD (or its equivalents) in commission, which isn't really worth it.āāā