Advertisement

Anonymous

09 Mar 2020

∙

General Investing

Should I create a CDP account if I already have a Stanchart custodian account? Is there any charges or minimum trades a month for the CDP to keep it? Also, when should I sell off an ETF?

6

Discussion (6)

What are your thoughts?

Learn how to style your text

Rais M

09 Mar 2020

Accountant at SME

Yes. You should create a CDP account. There is no fees or minimum trade requirement at all.

As for sell off ETF, as I do not see any context on this question, the general advice would be to sell when the current share price is higher than your purchase price.

Reply

Save

MT2020

09 Mar 2020

There is no harm in creating a cdp account. However there are some slight difference in keep your shares with cdp vs custodian account. So pls do your own due dilligence.

Reply

Save

Yong Kah Hwee

11 Nov 2018

I think there is no harm in creating a CDP account. You lose nothing, except for a bit of time which...

Write your thoughts

Related Posts

Is having SC Jumpstart enough to create a SC Trading account? And what do SC people usually buy and sell on the SC Trading Account?

If you need a CDP account to trade and hold SGx’s stocks in SG Market. then what do you call an accounted created with POEMS2.0, do I still hold the stocks at the end of the day after buying it?

I bought a few stocks on UOB Kayhian, not a custodian brokerage. I read that I am able to sell my stocks, from CDP account if I link the account with moomoo. Anyone knows how does this work?

Is there a minimum sum to open up the cash up front account? I noticed that it's only applicable to buy trades but how about selling trades?

Considering Saxo fees (0.12% p.a on monthly for custodian fees for ETF) and Saxo trade comm min per trade of USD4, how much should I invest at a time so that it would be cost efficient?

Related Posts

Is having SC Jumpstart enough to create a SC Trading account? And what do SC people usually buy and sell on the SC Trading Account?

If you need a CDP account to trade and hold SGx’s stocks in SG Market. then what do you call an accounted created with POEMS2.0, do I still hold the stocks at the end of the day after buying it?

I bought a few stocks on UOB Kayhian, not a custodian brokerage. I read that I am able to sell my stocks, from CDP account if I link the account with moomoo. Anyone knows how does this work?

Is there a minimum sum to open up the cash up front account? I noticed that it's only applicable to buy trades but how about selling trades?

Considering Saxo fees (0.12% p.a on monthly for custodian fees for ETF) and Saxo trade comm min per trade of USD4, how much should I invest at a time so that it would be cost efficient?

Advertisement