facebookIs it safe to trade with UOBKayHian (UTrade)? Is it safe to trade with them? - Seedly

Thomas

IT Project Manager at NCS Group (Singapore)

16 Dec 2020

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General Investing

Is it safe to trade with UOBKayHian (UTrade)? Is it safe to trade with them?

https://sg.uobkayhian.com/login/open-trading-ac...

My dad friend asking him to open a account here to invest. Not sure if it is legit.

Discussion (2)

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Definitely safe to trade on UOB Kay Hian. That said, there are many options out there. Check out the comparison article by Seedly below.

https://blog.seedly.sg/the-ultimate-cheatsheet-...

Jiayee

16 Dec 2020

Salaryman at some company

It's a local broker and it's legitimate. But the fees aren't cheap.

Your dad's friend is asking him to open an account there. But what does your dad need? Don't have to follow people's advice especially if that friend is going to benefit from referral. Follow what meets your needs.

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