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Account Opening CDP Account What is CDP account and why is it useful? Account Opening Document What are the documents required for opening a trading account? Referral Program Is there a referral program and how can I benefit from it? Common Questions For New Trading Account How long does it take for the following payment mode to be approved and linked to the trading account? EPS (Electronic Payment for Shares) After purchasing a particular share, how long before it will reflect in CDP account? How do I go about requesting for permanent increase of trading limit? How do I request for temporary increase of trading limit and how long does it takes? User Guide I have opened a Lim & Tan Securities online trading account, how do I go about start trading? Trading Platform Question How do I find out the transaction fees when I buy or sell a particular share? Mobile Trading Channel What are the mobile phone models that I could use to trade via Lim & Tan's Mobile Trading Channel? ==> As a matter of fact, Lim and Tan has come out with mTrade (which is usable on all smart phone & iPad) as well as Lim&Tan apps for iPhone - to download the UserGuides of these applications, simply go to the following links to download: mTrade: iPhone App: If you are using iPhone, you could now enjoy great accessibility and instant connection for all your trading activities via iPhone. To install, simply visit iTune Application store and search for “limtan”. To download Lim&Tan iPhone User Guide, go to: http://www.invstock.com/iphone/iphone-user-guide.pdf Brokerage Can you please tell me more about your brokerage rates? CPF Investment I would like to use my CPF money to invest in shares. How do I go about doing it? Dividend How is dividend of the stock I own paid? How do I go about checking the ex-dividend date, amount and the payout date of the stock I own? IPO How do I know if my subscription for IPO is allotted? CFD Trading Go here to read about CFD. ==> Please email
What is CDP account and why is it useful? A CDP account is an account that you open and maintain with the The Central Depository Pte Ltd (a subsidiary of SGX - Singapore Exchange Pte Ltd). The CDP account basically track your shareholdings - i.e. your purchase of Singapore shares will be credited into this account and similarly, your sales of shares is debited from the account. You will also receive your bi-annual and annual statements from CDP to keep you updated on your shares holdings.
What are the documents required for opening a trading account?
How long does it take for GIRO account to be approved and linked to the trading account? The average time taken to link a GIRO account to the trading account after the submission is about 3 - 4 weeks.
The average time taken to link a EPS bank account to the trading account after the submission is about 1 week.
After purchasing a particular share, how long before it will reflect in CDP account? After a purchase is made, it usually takes about 1 day for the share to be reflected in the CDP account. Only fully paid stocks will be reflected as Free / Available.
How do I go about requesting for increase of trading limit? To request for increase of trading limit, you would have to provide the followings: * Latest computerized payslip and 12 month CPF contributions, IR8A and * Latest CDP statement, and * Latest Bank Statement. In general, the more information that you are able to provide, the more helpful it is for us to make the decision to suit your investment / trading need.
How do I request for temporary increase of trading limit and how long does it takes? To request for temporary limit, you just need to call in. Unusually, the increase of the temporary limit should
not be more than 50% of your existing permanent limit. If approved, the temporary increase of trading limit can be
effected within half a day, usually less.
When you place a buy or sell order at the "Place Order" page, after providing your password, and by clicking on 'Submit' button, you would get to the "Confirm Order" page. At the last row (after Trade Value), you will see a link that says "View estimated fees" (see picture below):
Click on "View estimated fees", and a pop-up box will show the total estimated fees.
Handphone versions compatible for Lim & Tan Mobile Channel Trading Platform Appended below is the list of handphone brand / models suitable for Lim & Tan mobile phone trading
platform: ==> Do note that Lim & Tan now provide mTrade (for smart phone / iPad) and Lim&Tan apps for iPhone (can be found in iPhone app store)
With its reward program, Lim and Tan Securities Pte Ltd provides one of the lowest brokerage in Singapore, as appended below: Brokerage Rate For Cash Account (both Online Trading and Advisory): For Online Trading Rates
For Advisory Rate
Additional charges:
$8930 * 0.28% = $25, i.e. At approximately $8930, you get your 'breakeven' brokerage level.
CPF Investment I would like to use my CPF money to invest in shares. How do I go about doing it? To purchase shares using CPF money, one need to first open a CPF Investment Account with one of the
following agent banks: DBS, OCBC or UOB. Do note that you can only maintain one CPF Investment Account with any one
of the agent bank at any point in time.
Dividend If you have provided CDP with your bank account number, it will be direct crediting, else, a cheque will be sent to your registered address with CDP.
How do I go about checking the ex-dividend date, amount and the payout date of the stock I own? To check your dividend information, go to: http://www.sgx.com And you would have obtained the information about the dividend information of the stock that you own.
IPO How do I know if my subscription for IPO is allotted? There are 3 ways to find out about your IPO allotment Of the 3 options, the recommended approach would be the 1st (i.e. having your own CDP internet access) which is most efficient.
I have opened a Lim & Tan Securities online trading account, how do I go about start trading? To commence your first trade and to familiarize with Lim & Tan Securities trading platform, you could download the use guide here. How to download Internet Explorer: If you are using internet explorer, right click on the link and choose 'Save Target As', then select a folder of your choice to download the document. Mozilla Firefox: If you are using Firefox, right click on the link and choose 'Save Link As' to download to a folder of your choice.
Is there a referral program and how can I benefit from it? Yes, if you are a existing Lim & Tan Securities customer, you could introduce a friend and be rewarded with a total of S$60 worth of rewards: S$30 limtan voucher and S$30 NTUC voucher. What's more, your friend will also be rewarded with his choice of NTUC LinkPoints (6000 points) + S$30 NTUC voucher (if he/she is a Linkpoints member) OR $60 limtan vouchers + S$30 NTUC voucher (for non-Linkpoints member) - On condition of completion of three online trades within three months of account opening (terms and conditions applies). Information is updated as of Mar 2011, for more details and updated promotion, please visit: Lim & Tan Securities Site, go to ==> Introduce a Friend Program. You can download the referral form here.
Procedure: Filled the referral form along with your friend's complete set of application (with photocopy of IC / Passport - if foreignerr) and send to: Attn: William Yeo Yew Yong (TR Code: H5)
Notes: 1. This promotion is valid at the point of posting, i.e.
Jan 2010, and may subject to change from time to time.
Certainly, you could get comprehensive information on CFD by going to the link here: Notes And Guidelines On CFD
==> Please email
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