This post was created in partnership with Moomoo SG. All views and opinions expressed in this article are Beansprout's objective and professional opinions. 

CDP or Custodian Account for Trading SGX stocks?

When it comes to choosing a broker, one of the first questions we need to start by asking ourselves is whether we would prefer a custodian or CDP-linked account. Earlier, I shared the difference between a custodian and CDP-linked account.  This led to some questions on what are the options if we would like to transfer our CDP-linked account to a custodian account to lower our trading fees.  In this post, I will share how you can transfer-in your CDP-linked SGX stocks to MoomooSG and earn attractive rewards by doing so. Read on to find out more!

CDP Account vs Custodian Account

Let us take a closer look at what the differences are between a CDP and custodian account....