OCBC Securities

OCBC Securities

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3.0
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  • 4
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  • 3
    2
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  • 1
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OperationsWholly-owned subsidiary of OCBC Bank
Stock holding typeCentral Depository Account (CDP)
FeesMinimum: $25 < 50k: 0.275% 50 - 100k: 0.22% >100k: 0.20%
Cash Upfront OptionMinimum $18 or 0.18% whichever is higher
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  • Joel Khoo Chew Boon
    Joel Khoo Chew Boon
    1 Reviews, 1 Upvotes
    Reviewed on 21 Aug 2018
    This is a note of caution as I have had an experience that was not pleasant but a learnig experience. A few days ago, I went online to the trading platform and clicked on spdr gold shares and clicked cpf as mode of payment then clicked the button buy. As only 10% of investible savings can be invested in gold etf, i was called one fine day and told that the cpf board had revoked that trade and cash had been executed on my behalf. The broker sold it on the day he called me.. So long (and uncomrtable story) short, I had to go to ocbc centre south to settle in cash (not cpf)
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  • Chen Yong Ng
    Chen Yong Ng
    8 Reviews, 11 Upvotes
    Reviewed on 16 Jun 2018
    Signed up Young Adults account with OCBC securities. It charges lower commission fees to the young adults account and they hold seminars for young adults.
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Types of services OCBC Securities provides

OCBC Securities offers a few types of services on their trading platform.

  • GIRO service offers an automatic and convenient way of debiting payment from credit sale proceeds to designated OCBC bank account.
  • Electronic payment for shares (EPS) feature where investor can conveniently pay for their Singapore shares investment at ATMs or through their iBanking account.

Types of account available with OCBC Securities

OCBC Securities offers various types of account, catered to the different needs of individual investor.

The types of account OCBC Securities provide are:

  • Basic Trading (Cash) Account
  • Young Investor Programme
  • Share Financing Account
  • Securities Borrowing Account
  • Leveraged FX Account
  • Futures Account
  • Equities Plus Account

Brokerage fees and charges of OCBC Securities

The fees and charges of OCBC Securities are as follows:

Online

  • Minimum Commission: S$25
  • Investment of S$50,000 and below: 0.275%
  • Investment of S$50,000 to S$100,000: 0.275%
  • Investment above S$100,000: 0.20%

By Phone

  • Minimum Commission: S$40
  • Investment of S$50,000 and below: 0.50%
  • Investment of S$50,000 to S$100,000: 0.40%
  • Investment above S$100,000: 0.25%

Other transaction charges:

  • Clearing fee imposed by CDP: 0.0325%
  • SGX Trading fee: 0.0075%

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