Opening brokerage and cash account in Singapore for foreigners
Opening brokerage and cash account in Singapore for foreigners I started to evaluate where i could open a second broker account to deposit money. Reason is not to have all savings in one country, call me paranoid or whatever ;) And Singapore was perfect for me strong economy, high legal saftey and big banking sector. We where in Singapore for vacation and i checked if i could open a bank account but its not possible anymore for non residents. After i was back home i searched for possibilities and i found one vendor which offer a broker account including multi currency cash account. https://secure.fundsupermart.com/fsm/account-opening/main After sending a copy of my passport and a actual invoice from my energy provider i received the activation code via mail. On the webpage is written the account for foreigners is opend in Hongkong or India but i dont see any difference or note that it is like this. I can trade now shares in Singapore Dollar on the SGX or in US Dollar on