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Remisiers Are Singapore Low Income Earners Averaging $800 - $1000 Per Month

Remisiers Are Singapore Low Income Earners Averaging $800 - $1000 Per Month

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cfa Offline
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#21
24-07-2013, 11:11 AM
(24-07-2013, 09:58 AM)felixleong Wrote: yeah, gone are the days of a stock broker
we will be like US, more retail investors will use discount brokers

Hi FL,

What is discount broker ?
In Hong kong , all are dealers working for brokering house. No remisiers.

Thanks.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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felixleong Offline
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#22
24-07-2013, 11:31 AM
discount broker means no one is assigned to serve u
example e trade for US market
or standard chartered for sg market
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Bibi Offline
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#23
24-07-2013, 01:08 PM
(24-07-2013, 09:41 AM)mulyc Wrote: Online trading is definitely the way to go. Who in their right mind would pay 0.5% brokerage anymore?

Now online trading you could go down to as low as 0.15% (Saxo offers that, which is cheaper than their CFDs, although I think they don't advertise it).

That's hefty savings!
My remiser charges me the same rate as online trading even if i call him to execute a trade.
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cfa Offline
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#24
24-07-2013, 02:31 PM
(24-07-2013, 11:31 AM)felixleong Wrote: discount broker means no one is assigned to serve u
example e trade for US market
or standard chartered for sg market

Thanks FL.
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.
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pianist Offline
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#25
24-07-2013, 08:47 PM
(24-07-2013, 01:08 PM)Bibi Wrote:
(24-07-2013, 09:41 AM)mulyc Wrote: Online trading is definitely the way to go. Who in their right mind would pay 0.5% brokerage anymore?

Now online trading you could go down to as low as 0.15% (Saxo offers that, which is cheaper than their CFDs, although I think they don't advertise it).

That's hefty savings!
My remiser charges me the same rate as online trading even if i call him to execute a trade.
My broker also charges same rate as online. Can even provide a long term good to sell price without having to ask everyday. Odd lot also same rate as online rate.
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mulyc Offline
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#26
25-07-2013, 01:23 PM
(24-07-2013, 08:47 PM)pianist Wrote:
(24-07-2013, 01:08 PM)Bibi Wrote:
(24-07-2013, 09:41 AM)mulyc Wrote: Online trading is definitely the way to go. Who in their right mind would pay 0.5% brokerage anymore?

Now online trading you could go down to as low as 0.15% (Saxo offers that, which is cheaper than their CFDs, although I think they don't advertise it).

That's hefty savings!
My remiser charges me the same rate as online trading even if i call him to execute a trade.
My broker also charges same rate as online. Can even provide a long term good to sell price without having to ask everyday. Odd lot also same rate as online rate.

Wah you guys must be premium clients. I tried asking before but kenna rejected leh Sad maybe cuz they don't earn much money off me.
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WolfT Offline
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#27
25-07-2013, 02:14 PM
(25-07-2013, 01:23 PM)mulyc Wrote:
(24-07-2013, 08:47 PM)pianist Wrote:
(24-07-2013, 01:08 PM)Bibi Wrote:
(24-07-2013, 09:41 AM)mulyc Wrote: Online trading is definitely the way to go. Who in their right mind would pay 0.5% brokerage anymore?

Now online trading you could go down to as low as 0.15% (Saxo offers that, which is cheaper than their CFDs, although I think they don't advertise it).

That's hefty savings!
My remiser charges me the same rate as online trading even if i call him to execute a trade.
My broker also charges same rate as online. Can even provide a long term good to sell price without having to ask everyday. Odd lot also same rate as online rate.

Wah you guys must be premium clients. I tried asking before but kenna rejected leh Sad maybe cuz they don't earn much money off me.

Huh?My broker also charge the same rate as online.I thought it is common? If u want to buy/sell large amt(more than 100k), the rates is even lower.
The thing about karma, It always comes around and bite you when you least expected.
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