Question: Open account at a bank that offers good trading platform?

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Nicholas Van Orton

Nicholas Van Orton

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Good morning. I'm looking to diversify from Swissquote/Saxo Bank/Flowbank into other bank options that offer access to global markets. I checked CIM Banque (Switzerland) but it appears their IB connection is gone. Dukascopy Bank not a good option as it's mainly FX and a few CFDs for stocks/PMs. I attempted to open an account with Ameria Bank in the past with no success, so that wouldn't count either.

@Martin Everson or anyone else with knowledge of the matter may be of help, please?

Thank you.

NVO
 
FlatexDegiro Bank in Germany but its in German. So basic knowledge in needed. You can also look at their professional trader platform ViTrade which maybe available in English but not tried.

Standard Chartered in Singapore is not bad. And on not so cheap side you got BGL BNP Paribas in Luxembourg. Those are the credible banks off head I can think of.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Martin Everson said:
Martin Everson said:
FlatexDegiro Bank in Germany but its in German. So basic knowledge in needed. You can also look at their professional trader platform ViTrade which maybe available in English but not tried.

Standard Chartered in Singapore is not bad. And on not so cheap side you got BGL BNP Paribas in Luxembourg. Those are the credible banks off head I can think of.
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Once again, thank you, valuable info which is much appreciated, @Martin Everson . I'll try them out.

NVO
 
Nicholas Van Orton said:
Nicholas Van Orton said:
Good morning. I'm looking to diversify from Swissquote/Saxo Bank/Flowbank into other bank options that offer access to global markets. I checked CIM Banque (Switzerland) but it appears their IB connection is gone. Dukascopy Bank not a good option as it's mainly FX and a few CFDs for stocks/PMs. I attempted to open an account with Ameria Bank in the past with no success, so that wouldn't count either.

@Martin Everson or anyone else with knowledge of the matter may be of help, please?

Thank you.

NVO
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Depending on how big your account is, with Credit Suisse you can do everything and more.

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Martin Everson said:
Martin Everson said:
FlatexDegiro Bank in Germany but its in German. So basic knowledge in needed. You can also look at their professional trader platform ViTrade which maybe available in English but not tried.

Standard Chartered in Singapore is not bad. And on not so cheap side you got BGL BNP Paribas in Luxembourg. Those are the credible banks off head I can think of.
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The SC Singapore option sounds awesome for me .... May I know if they offer their services to not residents and if they brokerage account includes a current account with them? Sounds good tho
 
Cetme308win said:
Cetme308win said:
The SC Singapore option sounds awesome for me .... May I know if they offer their services to not residents and if they brokerage account includes a current account with them? Sounds good tho
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Yes they do and you get a bank account.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
I had an account in Luxembourg. Everything was going smoothly until I contacted them with a question. They must have noitced that I was a foreigner. I then recieved and email saying I had ten days to get my funds out and close the account. Just wanted to share this.
 
Usually if you get approved once they don't kick you out, but if you have played games with them you asked for troubles.
 
JohnnyDoe said:
JohnnyDoe said:
Do you need to go there in person for the opening?
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No.

RexS9999 said:
RexS9999 said:
I had an account in Luxembourg. Everything was going smoothly until I contacted them with a question. They must have noitced that I was a foreigner. I then recieved and email saying I had ten days to get my funds out and close the account. Just wanted to share this.
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Would be better if you mentioned name of company.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Info worth bearing in mind from Standard Chartered Singapore FAQ on their online trading platform:

Restrictions applied to your application for an Online Trading account include, but are not limited to, the following:
Ӣ You are younger than 21 years of age at the point of application.
”¢ You reside in a country of the European Economic Area (“EEA”). This restriction will extend to residents of the United Kingdom.
Ӣ You are a U.S. Resident, U.S. Citizen, or a U.S. Permanent Resident Card holder.
Ӣ You have an Australian/New Zealand residential address, mailing address or contact numb
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RexS9999 said:
RexS9999 said:
I had an account in Luxembourg. Everything was going smoothly until I contacted them with a question. They must have noitced that I was a foreigner. I then recieved and email saying I had ten days to get my funds out and close the account. Just wanted to share this.
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Which bank was it?

pomegranate said:
pomegranate said:
Info worth bearing in mind from Standard Chartered Singapore FAQ on their online trading platform:
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From what I know they can open an account if there is a local SC in your country.
 
RexS9999 said:
RexS9999 said:
Sorry for the late reply. Keytrade.
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Interesting as Ketrade Bank was taken over by Swissquote beginning of the year. All accounts were moved to Swissquote. This must have happened a while ago or if recent you failed to migrate your account to Swissquote so they had to close it 😕.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
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