Sunday, May 19, 2013

Opening a brokerage account...


A first step - daring to try

To start off, this is a short introduction.

I am a 23 year old graduate from Nanyang Business School.
- My ambition is to be a successful fund manager, just like Jim Rogers.

Here is a list of the markets the brokerage firm covers...maybe more as this research is dated.

To sum up my research on the firms....
This is quite interesting though, it seems like POEMs did have the widest market coverage of 13 markets to trade in, with Lim and Tan coming in second with 11. OCBC and DBS look pretty good too. This are the line ups in no particular order, but it seems that the firms that are purely brokerage ( i.e with no backing of the Banks) seem more into venturing into markets. That being said, I do think Kim Eng and UOB-KH have some fantastic design of website - clean and sleek, it gives me this good first impression versus the clutter of stuff on Lim and Tan and Poems, too much things.. you leave your customer (not me though) confused!

AmfraserCIMB-GKDBSDMG & UOBKHKim EngLim & TanOCBCPhillip
SingaporeYesYesYesYesYesYesYesYes
MalaysiaYesYesYesYesYesYesYesYes
USAYesYesYesYesYesYesYesYes
HongKongYesYesYesYesYesYesYes
ThailandYesYesYesYes
JapanYesYesYesYes
UKYesYesYes
CanadaYes
KoreaYesYes
AustraliaYesYesYesYes
IndonesiaYesYesYesYes
Shanghai BYesYesYesYes
Shenzhen BYesYesYesYes
PhilipinesYesYesYesYes
Sri LankaYes
TaiwanYesYes

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