Singapore set-ups

Quote from Marsupilami:

@TheStudent:

can you recommend a good broker in Singapore ? I've contacted Refco Singapore but find their platform -if you can call it that, it's just browser based - to be a pain in the neck. They don't offer anything better.

Regards,

Marsupilami
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You may want to take a look at Interactive Brokers. An affiliate of the Interactive Brokers Group, is a member of SGX. IB has many Singaporean clients. The lone caveat is that the only products offered via IB in Singapore at this time are futures and options.
 
Thank you all for the replies. Actually, my main interested is trading futures and options on the Korean KOSPI. Refco would give me access to this market...and Fimat. However, Fimat doesn't seem to be interested in dealing with me, pretty arrogant company, it seems. They don't know what they're missing... :D .

I guess I have to stick with the Korean brokers, although getting through to them is quite a hassle.
 
Quote from def:

You may want to take a look at Interactive Brokers. An affiliate of the Interactive Brokers Group, is a member of SGX. IB has many Singaporean clients. The lone caveat is that the only products offered via IB in Singapore at this time are futures and options.
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Def,

Are the rates / fees / procedures in opening an IB account from Singapore the same as those in the US?
 
Quote from TheStudent:

Def,

Are the rates / fees / procedures in opening an IB account from Singapore the same as those in the US?
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yes, fees are the same for all clients no matter where they reside. there might be some additional risk disclosures to sign depending on where someone is located but it is all spelled out clearly during the account opening process.
 
Quote from def:

yes, fees are the same for all clients no matter where they reside. there might be some additional risk disclosures to sign depending on where someone is located but it is all spelled out clearly during the account opening process.
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Thanks for the quick reply.

For non-US taxpayers opening an account in Singapore to trade US futures, do they face any kind of US withholding tax?
 
Quote from TheStudent:

Thanks for the quick reply.

For non-US taxpayers opening an account in Singapore to trade US futures, do they face any kind of US withholding tax?
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you'd fill out a W8 and nothing should be withheld.

marsupilini, korean futures/options should be available via IB very soon.
 
I am in Singapore:D with IB for 5 years already, IB not just offer futures and options to Singapore, it offer everything to everybody in the world.:D
 
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