Moving to singapore or dubai for trading

For those who trade from Singapore or the area, do you have advice on brokers for large retail/small institutional accounts ?
It needs to offer international markets, including european, I don't mind working through the private banking branch if i can get access to a decent brokerage.
looking for alternatives to Interactive brokers
Also looking to invest 3 to 4 mil USD of personal/corporate funds, possibly increasing a bit by year end
 
luisHK said:
For those who trade from Singapore or the area, do you have advice on brokers for large retail/small institutional accounts ?
It needs to offer international markets, including european, I don't mind working through the private banking branch if i can get access to a decent brokerage.
looking for alternatives to Interactive brokers
Also looking to invest 3 to 4 mil USD of personal/corporate funds, possibly increasing a bit by year end
More...

Have you checked out IB?
 
I would never want to live in Dubai. I was there for vacation once - its rather boring, basically hotels and shopping-centers and thats it. And way too hot for the majority of the year. Also, if you have a girl/wife, its a bad place to be - last year a (western) woman got raped, and then SHE got set to jail, because in islam having sex with someone except the husband is a crime.

I also know people who worked down there. Pay is good, but even as a highly skilled person (doctor or architect etc) they make it pretty clear that you are not a member of the master-race, but only a lowly foreign worker. Noone liked it there.
 
Not familiar with Citi but will check, brokerages I was advised to contact in HK for that size of account are
Sun hung kai, Bank of China and HSBC broking
Any experience with them ? I doubt they are the best for european stocks, options and cfds which are my main focus now.
I'm keen on using Newedge and the few reviews we get on Elite trader are positive but besides the 5mil minimum account size, the sales agent mentionned a yearly minimum commission of 100kusd, excluding exchange fees
Started talking to ABN Amro Clearing as well, but didn't get much information yet, any feedback about them ? As they are based in Nederlands they might be a good choice for european products
 
luisHK said:
Sun hung kai, Bank of China and HSBC broking
More...

I checked the companies' websites as well as Citi's, they don't look like a decent choice for what I'm looking for. Citi's website is showing many markets available but very high commission rates btw, can they be discussed significantly lower ?
 
Sun Hung Kai has depth and research that can go toe to toe with most Western banks. However, if Jardine Fleming or Barings could fall.....

I would go with HSBC/Citi for global banking capabilities. If i was managing enough money, I would go to the country that's IBKR supported.

Then, go to Geylang for discrete money changers. : )
 
LuisHK:

i'm based in singapore. seen a few of your posting around, suggest you can look at standard chartered singapore or saxo capital singapore. all the best!
 
dealmaker said:
You will find the same cultural restrictions in Singapore, its called the "cliques" and the weather is not much better...
$ in your bank account will solve any visa issues...
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Actually it seems even $ in one's bank account is no longer enough for a Singapore residence. I read again about the various visas, and it seems going the more $ intensive way, ie investing 2.5million Sing$ locally, one still has to set up a company there, hire a bunch of people and show a turnover of over 50million a year.
Did I miss something ?
 
Apparently the demand for Singapore residency is pretty high and since they are much smaller than most countries they have to be more exclusive ie doesn't all in demand countries have similar demands with lower $ amounts?
 
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