Advertisement

Anonymous

27 Jun 2019

∙

General Investing

When investing/trading US or overseas stocks, does it matter if the brokerage used is a custodian as it means the shares will not be under my name?

Looking to invest in overseas stocks but that means I will have to register with an overseas broker. Am I able to open a custodian account?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Gabriel Tham

26 Jun 2019

Tag Team Member at Kenichi Tag Team

It will all be custodian accounts for overseas stocks. When you sign up the brokerage, your custodian account will be opened in your name.

CDP is our local custodian for local SG stocks. Brokerage act as custodian similar to CDP for overseas stocks.

Reply

Save

Write your thoughts

Related Posts

Which online brokerage to use for trading overseas stocks? in particular US stocks. Many thanks!?

For VIVIFI, If i share it with 3 people, does that mean each of us will have to pay an additional $5 for a sim card? Does that mean all of us will be using same phone number?

Which brokerage is recommended to buy Singapore stocks for dividends? Also, is it recommended for investors to use the same brokerage for buying SG and overseas stocks?

CDP is to keep all your SGX stocks regardless of what brokerage you are using as long is direct brokerage and not nominee account. CDS is the equivalent for Malaysia. How about US stocks?

I plan to buy US stocks, any recommendations for brokerages? Should I go for a local brokerage such as CIMB or SCB, or an overseas brokerage such as IB or Tiger Brokers?

Related Posts

Which online brokerage to use for trading overseas stocks? in particular US stocks. Many thanks!?

For VIVIFI, If i share it with 3 people, does that mean each of us will have to pay an additional $5 for a sim card? Does that mean all of us will be using same phone number?

Which brokerage is recommended to buy Singapore stocks for dividends? Also, is it recommended for investors to use the same brokerage for buying SG and overseas stocks?

CDP is to keep all your SGX stocks regardless of what brokerage you are using as long is direct brokerage and not nominee account. CDS is the equivalent for Malaysia. How about US stocks?

I plan to buy US stocks, any recommendations for brokerages? Should I go for a local brokerage such as CIMB or SCB, or an overseas brokerage such as IB or Tiger Brokers?

Advertisement