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The Weekly Horse: Replacing Standard Chartered Online Trading with Saxo Capital Markets (Half year update)
By Financial Horse  •  August 5, 2018
Source: Standard Chartered

I’ve been a massive fan of Standard Chartered Online Trading ever since they opened with their no minimum commission rule. Those were the glory days of stock trading, where Singapore had its very own answer to the Robin Hood App, by Standard Chartered no less! I remember taking up US$500 positions in tech stocks and flipping them at a profit a week after, all for a commission of US$1. The day that Standard Chartered removed the no minimum commission rule (and imposed a US$10 minimum commission) was a dark day indeed.

Earlier this year, I wrote an article about how I replaced Standard Chartered Online Trading with Saxo for my US trades, and DBS Vickers Cash Upfront for my Singapore Trades. I was quite taken aback by the popularity of the article, with many readers commenting or reaching out to me personally to share their experiences. It’s been

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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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