Standard Chartered Online Trading

Name: Standard Chartered Online Trading
Rating: 4.1 (12 reviews)

4.1

(12)

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Standard Chartered Online Trading

4.1

(12)

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Ratings Breakdown (12)

4.1

Product Name	Standard Chartered Online Trading
Stock holding type	Custodian
Fees	Minimum: $10 < %50k: 0.20% $50 to $100k: 0.20% > $100k: 0.20%
Cash Upfront Option	Not available

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Reviews (12)

Q&A (4)

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Kelvin Chin
Level 2. Rookie
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Reviewed on 06 Mar 2019
Been using since 2015. No problems so far with SC. Cheaper fees. Simple trades for simple retail investors.
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Kenneth Fong
Level 4. Prodigy
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Reviewed on 08 Feb 2019
Started with SC a couple of years back when they have no min commission, till they charged the min $10 comm or 0.2% of the transaction value (whichever is higher). Painful, but other brokerages have min comms too, so it was a good run while it lasted. Still using it till now as the I've been using it for so long and the interface suits my needs. Take note that your stocks will be held in a custodian account and not your CDP.
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Jin Shun Chia
Level 4. Prodigy
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Reviewed on 29 Aug 2018
Set up this account when there was no fees in the beginning. I didn't care if it's custodian - what matters is I earn the money from investments! When they introduced fees later on I thought of switching - because the old interface wasn't user friendly. But switching is a chore (so choose your service provider wisely). Then after that they improved the interface - had to re-learn how to use the portal. However, it's worthwhile - I loved the new interface after getting used to it. Very easy to see the data that I'm looking for, and the search function for the stock works. But don't rely on this brokerage to recommend shares - it doesn't! Very neutral platform, so do your research elsewhere.
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Bryan Chong
Level 3. Wonderkid
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Reviewed on 15 Aug 2018
SC Trading account, very troublesome interns of signing up as you have to go down to a branch and sign forms? Thank God i worked near a SC branch, however going down several times after signing up to sign more forms were very bothersome. Was wondering if any banks allow scanned copies of forms? Overall, nice place but still not up to par with the rest! Could use some awareness with roadshows etc etc
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Choon Yuan Chan
Level 4. Prodigy
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Reviewed on 10 Jul 2018
If one is OK with custodian holding, sc is highly recommended because it has the lowest commission cross buy/sell trade. Rather slow mobile brokerage app though
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Ong Yi Ren
Level 2. Rookie
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Reviewed on 10 Jul 2018
Pro No dividend handling fee,no custodian fee Cons Exchange rate is not that nice,user interface is not user friendly
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