Basic Trading (Cash) Account

Trade globally with just one account

Why you will love this

Gain access to iOCBC online platform to trade 15 global exchanges, comprising Singapore and 14 foreign markets

Trade in 31 exchanges via your Trading Representative (TR)

Who can apply

Age 18 and above

Apply or complete application
 

Earn up to S$1,800 in cash rewards and potential lending fees. Find out more

What are you here for?

Next

Online application using Myinfo*

For individual customers who are 21 years and above.

Please prepare a digital copy/picture of your signature to be uploaded (in JPG or PNG, less than 2MB)

Apply via Myinfo
or

Offline and corporate application at a branch or via mail

For individual customers who are 18 to 20 years old, foreigners who do not have Myinfo and corporate customers.

Find out more

Complete Application

If you have submitted an application earlier, you may refer to the Welcome Email sent to your mailbox for a Reference Code to gain access to your account instantly.

Proceed

Our most fundamental account for all your essential trading needs.

Benefits

Trade around the world through us with access to over 30 global exchanges

Through OCBC Securities, you can trade 15 exchanges online and access the other markets by placing orders through your dedicated Trading Representative

Shares custody

Enjoy the flexibility of having your SGX shares custodised in your own Central Depository Funds (CDP) account

Be guided by a Trading Representative

You will be assigned a dedicated Trading Representative (TR) who will be there to assist you with all your queries on your basic trading account and provide market updates

No funds needed upfront

Enjoy the ability to trade up to your assigned limit without needing to fund your trades beforehand with our basic trading account

Our standard commission rates

SGX (Traded in SGD)

    Online Broker Assisted
    For trades with contract value less than or equal to S$50,000 0.275% 0.50%
    For trades with contract value between S$50,000 and S$100,000 0.22% 0.40%
    For trades with contract value more than S$100,000 0.18% 0.25%
    MInimum commission S$25 S$40

    AMEX, NYSE and NASDAQ

      Online Broker Assisted
      Rate 0.30% 0.415%
      Minimum commission USD 20 USD 30

      HKEX

        Online Broker Assisted
        Rate 0.25% 0.30%
        Minimum commission HKD 150 HKD 200

        All transactions are also subject to other fees such as clearing fees, stamp duty, GST, etc.
        More details on fees and commissions for other markets.

        Products you can trade with an iOCBC Basic Trading Account
        Securities

        Trade company shares, warrants, DLCs, REITS, ADRs and more in 31 global exchanges, with online access to 15 of them and the rest are available via Trading Representatives

        Learn more

        Exchange Traded Funds (ETFs)

        Exchange traded Funds (ETFs) are index funds that can track almost any asset class, from shares to bonds to commodities. With ETFs, you can instantly invest in a basket of securities without having to purchase the individual shares.

        Learn more

        Equity-Linked Notes

        Short-term investments to buy or sell shares of a selected company at a discount to market price. Provides an opportunity to earn interest while waiting for the ideal entry price (strike price).

        Learn more

        Bonds

        A form of fixed-income securities issued by governments or companies to raise funds from the financial markets. Bonds can provide a steady stream of income and may provide more stability than other investment products

        Learn more

        Promotion
        Trade across a full spectrum of opportunities

        Earn up to S$1,800 in cash rewards and potential lending fees when you transfer your Singapore, US or Hong Kong shares to us and opt in to share lending.

        Valid till 28 February 2027.

        Terms and conditions apply.

        Find out more

        Before you apply

        Eligibility requirements

        Minimum Age

        18 years old

        Initial deposit

        For those between 18-20 years old, initial deposit of S$1,000 is required to commence trading

        Ways to apply for a Basic Trading Account

        Start your trading journey with us

        Apply now

        or get in touch with us.

        FAQS
        Frequently Asked Questions About Basic Trading Account
        What is a cash trading account?

        A cash trading account allows you to trade only with the funds available in your account. You are not able to finance your trades. Our Basic Trading Account is a form of cash trading account. It provides access to the iOCBC trading platforms for trading across 15 online exchanges, with additional markets available through a Trading Representative. The account supports trading in shares, warrants, DLCs, REITs, bonds and ETFs across supported markets.

        For share financing and other forms of leveraged trading, you can consider our Share Financing Account, Share Borrowing Account, Leveraged FX Account and Leveraged Futures Account.

        Must I fund my trades beforehand with an OCBC Securities Basic Trading Account?

        You may not need to fund your trades upfront when trading with our Basic Trading Account. You only need to settle your trades after a transaction is done. You can view here for more information on trade settlement.

        Are there any annual fees?

        There are no annual fees for opening a Basic Trading Account. Here are more details on the fees and commissions for trading with OCBC Securities.

        How does settlement work for trades made through this account?

        Settlement occurs after the trade is executed and follows the standard settlement cycle of the respective market. You only need to pay for purchases or deliver shares for sales on the settlement due date. Settlement timelines vary by exchange and product type.

        What are the commission rates for SGX trades?

        Commission rates for SGX trades depend on the contract value. Online trades range from 0.18% to 0.275%, with a minimum commission of S$25. Broker-assisted trades range from 0.25% to 0.50%, with a minimum commission of S$40. Here are more details on the fees and commissions for trading with OCBC Securities.

        Are there any annual or maintenance fees for this account?

        There are no annual fees for opening or maintaining a Basic Trading Account. You only pay trading-related fees such as commissions and applicable exchange charges. Additional fees may apply depending on the market and product type. Here are more details on the fees and commissions for trading with OCBC Securities.

        Do I need a CDP account to trade SGX shares?

        You may trade SGX shares via the iOCBC trading platform, and the shares can be custodised either directly in your own Central Depository (CDP) account or with OCBC Securities.

        Can I use leverage or margin with this account?

        You cannot use leverage or margin with a Basic Trading Account. This account is strictly meant for cash trading, where you trade based on available funds and settlement obligations.

        YOU MAY ALSO LIKE

        Share Financing Account

        A leveraged trading account that lets you increase your share purchasing power by pledging your cash or securities as collateral.

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        Futures Account

        An account for trading futures and options.

        Learn more

        Share Borrowing Account

        A leveraged account that lets you borrow shares for short selling, hedging, and other strategies.

        Learn more

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