How do I open a brokerage account in Singapore?
I am interested in knowing how to open a brokerage account. This is because I want to start investing some money in Singapore and I don;t want to make an error in the process. I've asked the people around me on the procedures but I think I still need a little more advice on how to open a brokerage account.
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First you need to open a CDP account. To open a CDP account, you need to have a bank account with one of the following banks in Singapore – Citibank, DBS/POSB, HSBC, Maybank, OCBC, Standard Chartered Bank and UOB.. Choose a brokerage account and open one. You can either open an account online or head straight to the main office.