Sink or Think? How to open an account in Singapore?

It took me a while to open up an account with ThinkOrSwim in Singapore.

Yes, it is an American organization. However, it re-directed me to the Singapore site and SGX took control of it.

After clarified with them about the functionality, available services, products, etc, I still felt it was okay to go ahead. So I started registering my account online. https://invest.tdameritrade.com/grid/p/accountApplication.

It took me quite a while to complete the registration, so please be prepared. I thought it is the end.

However, SGX, MAS and Temasek really took control of it! I had to mail a few documents to them.

Shall I give up here or try till the end?

As there is no money involved yet, let me try.

Then I mailed them what were required.

Very fast, they replied me.

Their response astonished me.

I was required to go to SGX website to complete an online course and pass an exam in order to complete the account. Well, later I got to know I don’t need to do it unless I want to trade certain products, which are good products like STI, ETN.

After consideration, I decided to give a try. See how to pass SGX trading exam without any finance background but obtained a good score.

I just start this. Welcome any comments! Keep learning and sharing  🙂