If you havent; the following is for you
Q1.How do I/we get started?
You can get started by opening a Cash Trading Account (Individual) with CIMB Securities (Singapore) Pte Ltd. To transact in Singapore securities, you need to open a corresponding CDP Individual Securities Account (commonly known as the CDP account) with the Central Depository Pte Ltd ("CDP"). Linkage between your Cash Trading Account maintained with CIMB and the CDP account is necessary to facilitate book-entry transfer of scripless securities listed on the Singapore Exchange
Q2.Who can apply for a Cash Trading Account?
You must be at least 21 years old, not an undischarged bankrupt with no delinquent records with any stockbroking houses in Singapore. Foreigners may be required to open a Trust Account for settlement of shares transactions.
Q3.Do I/we need to place an initial deposit for opening a Cash Trading Account?
You may be asked to place an initial deposit and this deposit will save as collateral for assignment of trading limits.
Q4.Is it mandatory for me/us to open a CDP Securities Account if I/we wish to transact in securities listed on the Singapore Exchange Limited ("SGX")?
Yes. You need to open a CDP Securities Account with the Central Depository Pte Ltd ("CDP"). The CDP acts as a custodian for scripless securities listed on the SGX. Book-entry transfer of securities will be effected as and when you purchase or sell securities through your Cash Trading Account maintained with any stockbroking houses in Singapore.
1) Electronic payment system (EPS) is an automated payment system for SGX share transactions operated by members of the SGX and NETs member banks. The EPS enables the electronic transfer of funds between your Saving Accounts(DBS/UOB) and stock brokerage firm (CIMB/POEMS).
2) To buy/sell shares, you needs a broker to do so for you, in the example above, your brokers within the stock brokerage firm (CIMB/POEMS) are the only parties who are able to access the Stock Market on your behalf to carry up your buy/sell orders.
3) After fulfilling your buy/sell orders, your stock brokerage firms will then intitiate payment from Electronic payment system (EPS) for the shares contract, then they will transfer your shares into your CDP accounts, you can treat CDP as a "online storage" for your shares where it will be kept until you sell. Each people can only have 1 common CDP account which all your stock brokerage firms must have access or linkage to it to buy/deliever your shares
Q5.When can I/we commence trading?
Subject to completeness and approval of your account application, it will take 2 to 3 working days to activate your account application. You will be notified in writing of your Cash Trading Account number. You can start to transact in securities listed on the Singapore Exchange Ltd upon confirmation of linkage approval of your Cash Trading Account to your Securities Account maintained with the CDP. Any transactions executed via your Cash Trading Account prior to linkage approval may result in failed trade and losses.
Now, lets get started, first things first, if you have already opened an account under my broker ID,
Q1. What's next after opening a new trading account?
You will receive an activation link in the form of an EMAIL that is sent to the email address that is registered when you open an account with CIMB.
http://irrational-exuberance-comes-home.blogspot.com/2010/11/whats-next-after-opening-account.html
Q2. What is my User ID and Password for online trading?
To trade online, you will need to register here, where you will be prompted to create your own personalised User ID and Password. To complete the creation of your login ID, you will be required to click on the activation link send to your primary email address for your first login.
Your request for online trading should be ready within 3 working days and you will be notified via email.
Q3. What if I did not receive the Activation Link or it has expired?
Check your Spam or Bulk Mail folders. It is possible that the activation link email we tried to send you was caught by a spam or bulk mail filter in your email system.
If you have entered an invalid email address or the activation link has expired, you may login under Member's Login. Upon login, you will be prompted to enter your User ID and update the email address to request for a new activation link.
Q4. What if I forgot my password?
If you have forgotten your password, simply click on "Forgot Password" in the Main page of i*Trade@CIMB to reset your password.
Please note that you will receive two emails - "Reset password" & "Reset Password - Authorisation Code" in your primary email.
Click on reset password link and key in your USERID and Authorisation Code.
Upon successful verification, you will be prompted to change a new password immediately. Do remember to key in the verification code (the distorted alphanumeric characters on your screen) to effect the change of password. Good Password Practice
Your i*Trade@CIMB password is your private entry key into your account. i*Trade@CIMB enforces a password policy in accordance to the guidelines set by Monetary Authority of Singapore. Here are some requirements to ensure the security of your password:
1.Password must be between 6 to 8 alphanumeric characters
2.Password and ID should not be the same
3.Password is case sensitive. Use both capital and small alphabets
4.Password should not contain any spaces
5.Password should not be recycled frequently
6.Password should be changed periodically
7.Password should always be kept confidential
E.g.:
Valid passwords: J0hnTa9, Angi5e
Invalid passwords: John Tan, 123456
Okay, if you’re not only new to CIMB, but also new to investing/trading, then this is the FAQ for you. Stock market is a very large subject. You’re welcome to just follow your nose and see where it leads, or you may prefer to take a more structured route to accelerate your learning curve. If so, we have . .
2) General Frequenty Asked Question
3) Electronic Payment Shares
Before you start out, you need to:
1) determine what you want out of trading: trade for hobby, a living,...
2) determine a suitable timeframe for your style (can you sit on your hands for 4 hours doing nothing but watching the tape?)
3) determine your long and short time goals (small consistent profits are large gains accompanied with equally large drawdowns?)
4) analyze yourself (SWOT analysis)
Next you need to know what kind of trading suits you best
5) mechanical or discretionary appraoch?
6) price/volume / price patterns / indicators / pivot points / bollinger bands / candlestick analysis / a combination of any of the previous concepts...
After you determined that, you need to formulate a hypothesis and build something around that:
7) formulate a hypothesis
8) backtest and papertrade the hypothesis
9) refine the rules of your hypothesis into a conceptual idea
10) define the idea and the specifics surround it
11) define the tactics you are going to employ (enter with market order? stop placement? target strategy?)
12) go back to 8 and go through the process again to see what the performance of your system is, what is your win ratio, profit factor, maximum consecutive losses, maximum drawdown, average % gain per month,...
After you have written down the trading plan on paper, you can start to:
13) papertrade your system once all the pieces are in place
14) switch to real trading trading small size
15) analyze yourself and your ability to follow the trading plan
Finally, after a while you will (hopefully) have gained the confidence to stick to the plan and execute only those trades that fit the plan.
The process can take up several months, but most will admit that becoming a consistently profitable trader took them 2 to 3 years.
So if you haven’t done so already, please bookmark the following URL:
https://www.itradecimb.com.sg/app/home.z
This is where you are going to login and access your trading platform.
These are at least the starting point for ALL new members, regardless of your trading experience.
Are you ready to experience i*Trade@CIMB now at this point of the time?
This tutorial will guide you to view, search for stocks from various Markets and guide you to create Watchlists to monitor your favourite stocks
1. Log in from our website https://www.itradecimb.com.sg/app/home.z
This is where you can find the
2. latest information about our products and platform are posted.
3. Fresh trading ideas of the day from our research teams
4. Event and seminars organised by CIMB, such as training, workshop, corporate roadshows held in CIMB investment center.
5. You can view help and frequently asked questions for the following services
Access your account and launch i*Trade@CIMB here by;
6. typing your USERID and PASSWORD as indicated
7. Choose the page that you wish to go to after login
8. Click the [Go] to proceed with the login
9. For your trade management, you can access the following menu from the "Trade" Menu
10. Keep up to date with the status of your account by using the "Account" menu
11. Access to in-depth research reports by CIMB Group by clicking the "Research" Menu
Technical FAQ
To access the video demo
https://www.itradecimb.com.sg/eGuide/demo.html
How to access the Profit/Loss Calculator (inclusive commission)
http://irrational-exuberance-comes-home.blogspot.com/2010/11/how-to-access-profitloss-calculator.html
How to check your BUYING/SELLING Limit?
http://irrational-exuberance-comes-home.blogspot.com/2010/11/how-to-check-your-buyingselling-limit.html
To access i*Trade@CIMB platform,
https://www.itradecimb.com.sg/app/home.z
How to get started with i*Trade@CIMB
http://irrational-exuberance-comes-home.blogspot.com/2010/11/login-httpswww.html
How to access and find counters in i*Trade@CIMB
http://irrational-exuberance-comes-home.blogspot.com/2010/11/how-to-access-and-find-counters-in.html
How to access the trading tools in i*Trade@CIMB
http://irrationalexuberancenomore.blogspot.com/2010/11/how-to-access-trading-tools-on.html
How to trade on i*Trade@CIMB
http://irrational-exuberance-comes-home.blogspot.com/2010/11/how-to-trade-on-itradecimb.html
How to view orders and portfolio in i*Trade@CIMB
http://irrational-exuberance-comes-home.blogspot.com/2010/11/how-to-use-order-and-portfolio-with.html
Wishing you all a wonderful Journey of success & contentment.
*All 3 signatures must be the same as the one you signed when you OPENS YOUR CDP ACCOUNT when you first open an trading account
* If you do not have a CDP ACCOUNT, you need to open a CDP account first before you can open a trading account, either go
1) SINGAPORE LAND TOWER
2) INTERNATIONAL PLAZA
3) SGX - its gonna take less than 1 day to set up CDP
You needs to have the following items send back together with the application form as well1) BACK/FRONT of IDENTIFY CARD (PINK or BLUE IC)
2) BACK/FRONT STAFF PASS/STUDENT CARD
ONCE YOU MAILED BACK; 3 to 4 days later;
1) There will be one CUSTOMER SERVICE staff who will call and verify your identity and also assist to fill up any missing informations on the application form
A few days later, you will received an ACTIVATION LINK EMAIL,
Click below for more informations
http://irrational-exuberance-comes-home.blogspot.com/2010/11/whats-next-after-opening-account.html
