Moomoo Account Type

　　Moomoo offers a custodian account that allows investors to trade Singapore stocks, US stocks, Hong Kong stocks, and more. The commission fees for trading Singapore stocks are 0.03% with a minimum fee of S$0.99. For US stocks, the commission is $0.0049 per share with a minimum commission of $1.99. Moomoo also provides features such as advanced trading tools, real-time market data, and educational resources, making it suitable for both beginner and experienced investors.

Moomoo Broker Account Opening Process

　　To open a Moomoo brokerage account, follow these steps:

• Age Requirement: You must be at least 18 years old to open an account.
• Application Process:
• Online Application: You can apply directly through the Moomoo app or website. Fill in the required information and submit your application.
• Supporting Documents: Prepare your identification documents, such as your NRIC (for Singapore citizens) or passport (for foreigners).
• Fund Your Account: After your account is approved, make a minimum deposit to start trading. There are no minimum funding requirements for Moomoo accounts, but you may want to deposit sufficient funds to take advantage of trading opportunities.
• Start Trading: Once your account is funded, you can begin trading on the platform.

　　For more details, visit Moomoo's official website.

　　

DBS Vickers Account Type

　　DBS Vickers provides two types of accounts: a CDP-linked account and a cash upfront account. The CDP-linked account allows you to hold stocks directly in your Central Depository (CDP) account, offering shareholder rights such as voting and attending annual general meetings. The minimum commission fee is S$25 with trading fees ranging from 0.18% to 0.28%. The cash upfront account has a lower minimum commission fee of S$10.90 but requires you to pre-fund your account before trading.

　　

DBS Vickers Broker Account Opening Process

　　To open a DBS Vickers brokerage account, follow these steps:

• Open a CDP Account: This is necessary if you wish to hold stocks in your name.
• You can apply online through the SGX website or visit a DBS branch.
• Ensure you have a local bank account with DBS or other participating banks.
• Choose the Account Type: Decide whether you want a CDP-linked account or a cash upfront account.
• Complete the Application:
• Online Application: Fill out the application form on the DBS Vickers website and submit it along with the necessary documents.
• In-Person Application: You can also visit a DBS branch for assistance with your application.
• Fund Your Account: Deposit the required minimum amount to activate your trading account.
• Start Trading: Once your account is set up and funded, you can begin trading on the platform.

　　For more information, visit DBS Vickers' official website.

　　

Interactive Brokers Account Type

　　Interactive Brokers offers a custodian account that provides access to a wide range of markets, including Singapore, US, and international stocks. The minimum commission fee is S$2.50 per trade, with trading fees at 0.08% of the total trade value. This platform is suitable for both casual and active traders due to its low fees and extensive market access.

　　

Interactive Brokers Broker Account Opening Process

　　To open an Interactive Brokers account, follow these steps:

• Eligibility: You must be at least 18 years old to apply.
• Online Application:
• Visit the Interactive Brokers website and complete the online application form.
• Provide the necessary identification documents, such as your NRIC or passport.
• Fund Your Account: After your application is approved, fund your account with a minimum deposit of S$0.
• Start Trading: Once funded, you can begin trading across various markets using the Interactive Brokers platform.

　　For additional details, visit Interactive Brokers' official website.

　　

Saxo Markets Account Type

　　Saxo Markets provides a custodian account that allows access to a variety of investment products, including stocks, ETFs, bonds, and forex. The minimum commission fee is S$3 for Singapore stocks, with trading fees at 0.08% of the trade value. Saxo Markets is ideal for investors looking for a comprehensive trading platform with a wide array of investment options.

　　

Saxo Markets Broker Account Opening Process

　　To open a Saxo Markets account, follow these steps:

• Age Requirement: You must be at least **18 years