29 June 2017
Trades
MERCURIUS CAPITAL INVESTMENT LTD sold 0.037
AVI-TECH ELECTRONICS LTD (POST CONSOLIDATION) sold 0.44
NET PACIFIC FINANCIAL HOLDINGS LTD sold 0.049
GSS ENERGY LIMITED sold 0.163
FOOD EMPIRE HOLDINGS sold 0.655
SUNMOON FOOD COMPANY LIMITED (POST-SPLIT) sold 0.104
SINOSTAR PEC HOLDINGS LIMITED sold 0.225
FRENCKEN GROUP LIMITED sold 0.48
ALLIANCE MINERAL ASSETS LIMITED sold 0.32
THAI BEVERAGE PUBLIC COMPANY LTD reduced 0.90
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.21
SINGAPORE POST LTD reduced 1.325
Labels: Live Trading Records
28 June 2017
Trades
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.22
PAN UNITED CORP bought 0.58
UNITED INDUSTRIAL CORPORATION added 3.17
RAFFLES MEDICAL GROUP (POST CONS) added 1.32
AOXIN Q & M DENTAL added 0.22
COMFORTDELGRO CORPORATION added 2.33
Labels: Live Trading Records
27 June 2017
Trades
UNITED INDUSTRIAL CORPORATION bought 3.19
COGENT HOLDINGS LIMITED bought 0.735
RAFFLES MEDICAL GROUP (POST CONS) added 1.32
SUNRIGHT added 0.50
AOXIN Q & M DENTAL added 0.23
SINGAPORE POST LTD reduced 1.31/1.315
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.18
Labels: Live Trading Records
26 June 2017
Which FX and CFD Brokerage Firm Should You Use?
Fees and charges
Diversity of products offered
Additional features and resources
1. Fees and charges
The first point of consideration is arguably what Singaporeans look at the most, and that is the cost of trading. Even the best investment with the most attractive returns may turn out to be a mistake if the cost of making that investment ends up eating into your profits.
The key here, to no one’s surprise, is to look out for brokers with the lowest fees and charges. Because these charges are quite different for each investment product, we’ll be comparing them separately.
Forex minimum spread
PhillipCapital CMC Oanda Saxo
EUR/USD 0.6 1.1 0.7 1.0 0.8
AUD/USD 0.6 1 0.7 1.0 0.8
USD/JPY 0.7 1 0.7 1.0 0.8
GBP/USD 0.9 1 0.9 2.5 0.8
EUR/JPY 1.5 1 1.5 1.4 1.4
Forex transactions work on the basis of spreads. It works similar to a commission, in that the broker earns a percentage of your transaction amount. You’ll want the spread to be as low as possible, of course.
However, because of the more volatile nature of Forex, what most brokers can only assure you of is the minimum spread they’ll charge. Still, knowing the minimum spread is a pretty good indicator of how much more you might end up paying.
Indices spread
PhillipCapital CMC Oanda Saxo
Germany 30 1 N/A 1 1 1.5
US 30 Wall Street 1.8 4 1.4 2 2.5
Hong Kong HS50 6 8 5 5 12
S&P 500 0.4 0.5 5 0.5 0.5
China A50 12 10 20 N/A 12
FTSE 100 2 N/A 1 1 1
Similar to Forex, when investing in stock index CFD, brokers also charge a spread.
Share CFD fees and charges
PhillipCapital CMC Oanda Saxo
SG shares commission 0.10% (min. S$15) from 0.128% (min. S$25) CMC 0.10% (min. S$10) N/A 0.12% (min. S$15)
US shares commission 2 cents/share (min. US$15) from 0.18% (min. US$15) 2 cents/share (min. US$10) N/A 1 cent/share (min. US$9.90)
When it comes to buying and selling shares, commission prices are a fixed percentage of the total price. Do note that for leveraged trading, all brokers also have a funding cost to keep the position open overnight. This cost is usually pegged to interbank rates and can become quite substantial if you decide to hold a position over a longer timeframe.
2. Diversity of products offered
When you’re starting out on your investment journey, you may only want to focus on one product that you’re more familiar with. But as you build your confidence and your portfolio, you may find yourself wanting to expand your horizons and diversify the kind of products you’re investing in.
Here’s a quick overview of what products types are being offered, as well as the number of choices in each product type each broker offers. We’ve narrowed it down to 5 brokers and the more popular investment product types available today.
IG PhillipCapital CMC Oanda Saxo
Forex 90 35 338* 40 182
Shares CFD Over 10,000 Over 2,700 Over 9,000 N/A Over 8,800
Indices 30 14 87 14 29
Commodities 20 2 111 8 19
Binaries Yes N/A Yes N/A N/A
*For CMC, 338 includes both cash and forward pairs.
As you can see, most brokers on our list are already offering investment products we’re looking at, with the exception of binaries. Binaries, as mentioned in a previous article, are a simple product that allows you the benefit of being aware of your risk, while still being able to profit from short-term market movements.
3. Additional features and other resources
While cost is definitely an important factor when choosing a broker, it’s always good to see what other features and resources each broker offers. You definitely want a broker that has a convenient platform that loads quickly both on mobile and desktop, and is preferably customisable to your needs.
Certain additional technological features like risk management tools, in the form of guaranteed stops or alert tools, can also set a broker apart. For more advanced traders, access to algorithmic trading systems to automate the trading process could also be something to look out for in a platform.
Labels: brokerage, Forex Brokers
23 June 2017
Trades (23 Jun 2017)
QT VASCULAR LTD added 0.028
HALCYON AGRI CORPORATION LTD added 0.585
HO BEE LAND LTD added 2.36, symmetrical triangle breakout
RAFFLES MEDICAL GROUP (POST CONS) added 1.325, good stock oversold
LIAN BENG GROUP added 0.62
ASIAPHOS LIMITED sold 0.098, no more
HATTEN LAND LTD sold 0.22, no more
SINGAPORE POST LTD reduced 1.305
Labels: Live Trading Records
Trades (22 Jun 2017)
FRENCKEN GROUP LIMITED bought 0.50
SINGAPORE O&G LTD (POST-SPLIT) bought 0.65
HONG LEONG FINANCE LTD bought 2.65
AEM HOLDINGS LTD added 2.36
YUUZOO CORPORATION LIMITED added 0.08
KEPPEL TELECOM & TRANSPORTATION added 0.765
KEPPEL CORP added 6.17
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.15
SINGAPORE POST LTD reduced 1.31
Labels: Live Trading Records
21 June 2017
Trades
ALLIANCE MINERAL ASSETS LIMITED bought 0.315
HALCYON AGRI CORPORATION LTD bought 0.60
GEO ENERGY RESOURCES LTD bought 0.25
HOCK LIAN SENG HOLDINGS LTD bought 0.51
CNMC GOLDMINE HOLD bought 0.255
SUNMOON FOOD COMPANY LIMITED (POST-SPLIT) bought 0.106
CSE GLOBAL LTD bought 0.45
SUNRIGHT added 0.52
QT VASCULAR LTD added 0.029
SUNNINGDALE TECH LTD (POST-SPLIT) added 0.895
BANYAN TREE HOLDINGS LTD added 0.50
TALKMED GROUP LIMITED added 0.755
DELFI LTD added 2.02
AOXIN Q & M DENTAL added 0.235
COMFORTDELGRO CORPORATION added 2.43
JAPFA LTD added 0.63
SINGAPORE POST LTD reduced 1.31
Labels: Live Trading Records
20 June 2017
Trades
AVI-TECH ELECTRONICS LTD (POST CONSOLIDATION) bought 0.445
SUNRIGHT bought 0.53
BANYAN TREE HOLDINGS LTD bought 0.50
COMFORTDELGRO CORPORATION added 2.44
AOXIN Q & M DENTAL added 0.235
DELFI LTD added 2.04
SUNNINGDALE TECH LTD (POST-SPLIT) added 1.93
JAPFA LTD added 0.59
GUOCOLAND reduced 1.915
PHIL AP DIV REIT S$D reduced 1.355
Labels: Live Trading Records
19 June 2017
Trades
ASCENDAS INDIA TRUST UNITS reduced 1.175/1.185
PHIL AP DIV REIT S$D reduced 1.34
Labels: Live Trading Records
17 June 2017
Trade (16 Jun 2017)
Labels: Live Trading Records
15 June 2017
Trades (15 Jun 2017)
Trades (14 Jun 2017)
SEMBCORP INDUSTRIES added 3.12
GUOCOLAND reduced 1.875
ASCOTT RESIDENCE TRUST (REIT) reduced 1.145
Labels: Live Trading Records
Trades (13 Jun 2017)
MAPLETREE GREATER CHINA COMM TRUST reduced 1.10
ASCOTT RESIDENCE TRUST (REIT) reduced 1.15
Labels: Live Trading Records
12 June 2017
Trades
NET PACIFIC FINANCIAL HOLDINGS LTD bought 0.054
DELFI LTD bought 2.06
FOOD EMPIRE HOLDINGS bought 0.71
TALKMED GROUP LIMITED bought 0.79
ELLIPSIZ LTD bought 0.61/0.64
ASIAMEDIC bought 0.079
SERRANO LIMITED bought 0.028
QT VASCULAR LTD bought 0.031
ADDVALUE TECHNOLOGIES bought 0.058
SUNNINGDALE TECH LTD (POST-SPLIT) bought 2.07
DELONG HOLDINGS LTD (POST CONSOLIDATION) bought 1.60
GSS ENERGY LIMITED bought 0.174
JAPFA LTD added 0.56
NEW SILKROUTES GROUP LIMITED (POST CON) added 0.65
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.14
ASCOTT RESIDENCE TRUST (REIT) reduced 1.145
THAI BEVERAGE PUBLIC COMPANY LTD reduced 0.875
Labels: Live Trading Records
10 June 2017
Trades (09 Jun 2017)
MAPLETREE GREATER CHINA COMM TRUST reduced 1.11
SPH REIT UNITS reduced 0.995
ASCOTT RESIDENCE TRUST (REIT) reduced 1.145
Labels: Live Trading Records
08 June 2017
Trades
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.14
ASCOTT RESIDENCE TRUST (REIT) reduced 1.145
MAPLETREE GREATER CHINA COMM TRUST reduced 1.10
SPH REIT UNITS reduced 1.005
Labels: Live Trading Records
07 June 2017
Trades
MAPLETREE GREATER CHINA COMM TRUST reduced 1.105
ASCOTT RESIDENCE TRUST (REIT) reduced 1.14
SPH REIT UNITS reduced 1.00/1.005
INNOTEK LIMITED sold 0.385
HANWELL HLDGS LTD sold remaining 0.33
FAR EAST ORCHARD LIMITED sold 1.565
Labels: Live Trading Records
06 June 2017
Trades
HANWELL HLDGS LTD reduced 0.355
MAPLETREE GREATER CHINA COMM TRUST reduced 1.11
SPH REIT UNITS reduced 1.00
ASCOTT RESIDENCE TRUST (REIT) reduced 1.145
Labels: Live Trading Records
05 June 2017
Trdaes
VIKING OFFSHORE AND MARINE LTD bought 0.017
KOH BROTHERS GROUP LIMITED bought 0.28
SINGAPORE POST LTD added 1.235
COMFORTDELGRO CORPORATION added 2.43
SEMBCORP MARINE added 1.665
KEPPEL CORP added 6.48
SPH REIT UNITS reduced 0.995
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.14
MAPLETREE GREATER CHINA COMM TRUST reduced 1.10/1.105
ASCOTT RESIDENCE TRUST reduced 1.14
Labels: Live Trading Records
02 June 2017
Trades (02 Jun 2017)
SINGAPORE POST LTD added 1.24
MAPLETREE GREATER CHINA COMM TRUST reduced 1.095
SPH REIT UNITS reduced 0.995
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.14
ASCOTT RESIDENCE TRUST (REIT) reduced 1.14
STRAITS TRADING CO sold 2.54
Labels: Live Trading Records
Trades (01 Jun 2017)
INNOTEK LIMITED bought 0.39
AOXIN Q & M DENTAL bought 0.245
SINGAPORE POST LTD added 1.26
SEMBCORP INDUSTRIES added 3.15
SINGAPORE PRESS HLDGS added 3.17
MAPLETREE GREATER CHINA COMM TRUST reduced 1.085/1.095
ASCOTT RESIDENCE TRUST (REIT) reduced 1.13
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.15
SPH REIT UNITS reduced 1.00
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.15
Labels: Live Trading Records
Trades (31 May 2017)
SEMBCORP MARINE added 1.675
ASIAMEDIC added 0.076
ASCENDAS INDIA TRUST UNITS added 1.095
SINGAPORE POST LTD added 1.27
SINGAPORE EXCHANGE added 7.35
SINGAPORE PRESS HLDGS added 3.22
WILMAR INTERNATIONAL added 3.58
MIYOSHI LIMITED added 0.08
MAPLETREE GREATER CHINA COMM TRUST reduced 1.105
SPH REIT UNITS reduced 0.99
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.11/2.13
MAPLETREE GREATER CHINA COMM TRUST reduced 1.10
OLAM INTERNATIONAL LIMITED reduced 2.05
Labels: Live Trading Records
Trades (30 May 2017)
ASCENDAS INDIA TRUST UNITS added 1.085/1.095
COMFORTDELGRO CORPORATION bought 2.40
Q & M DENTAL GROUP (SINGAPORE) LTD added 0.665
SEMBCORP INDUSTRIES added 3.15
SINGAPORE PRESS HLDGS added 3.26
FIRST REIT (REIT) bought 1.31
KEPPEL TELECOM & TRANSPORTATION added 1.74
SYSMA HOLDINGS LIMITED bought 0.104
MAPLETREE GREATER CHINA COMM TRUST reduced 1.095
VALUEMAX GROUP LIMITED reduced 0.28
M1 LIMITED reduced 2.24/2.25
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.11
VALUETRONICS HOLDINGS LIMITED reduced 0.81
OLAM INTERNATIONAL LIMITED reduced 2.03
MAPLETREE GREATER CHINA COMM TRUST reduced 1.08
Labels: Live Trading Records
Trades (29 May 2017)
ASIAMEDIC bought 0.073
ASCENDAS INDIA TRUST UNITS bought 1.10
HANWELL HLDGS LTD bought 0.275
KEPPEL REIT reduced 1.09
HEETON HOLDINGS LIMITED reduced 0.47/0.475
UOB ASSET MGT LTD UTD FT/XINHUA CHINA A50 ETF reduced 2.13
MAPLETREE GREATER CHINA COMM TRUST reduced 1.08
M1 LIMITED reduced 2.24/2.25
PARKWAY LIFE REAL ESTATE INVEST TST (REIT) reduced 2.59/2.60
UMS HLDGS LTD reduced 1.22
VALUETRONICS HOLDINGS LIMITED reduced 0.83
HO BEE LAND LTD reduced 2.30
VALUEMAX GROUP LIMITED sold 0.275/0.28
BLACKGOLD NATURAL RESOURCES LTD sold 0.107
UNITED INDUSTRIAL CORPORATION sold 3.15
Labels: Live Trading Records