I am finally going to start trading soon. Here is a list of brokerage firms that I have research and found to have one of the lowest commission charges around.
I have shortlisted these 3 firms. DBS Vickers, Citibank and POEMS.
Normal Account: Link here
If trade using cash upfront : Link here
For link to the Citibank website: Click here
For link to the POEMS website : Click here
Thus looking at the commission charges, I will definitely use DBS Vickers with the cash upfront. It has the LOWEST brokerage / commission charges for the Singapore market at 0.18% or minimum $18. However cash upfront means that before you make the purchase of the shares, you have to transfer the money from your DBS/POSB account into your DBS Vickers account. ( This can be done real time) However, withdrawing of the money in this account back to your DBS/POSB account requires 1 working day. Personally I do not see a problem with this, unless you are doing contra trading.
If you are going to do contra trading, Citibank's internet commission is the lowest, at 0.28% and minimum charge of $22. Though DBS Vickers' normal net account has a 0.28% minimum too, it has a higher minimum charge of $25.
I placed POEMS in the comparison too, because I do use phone trading in the past, especially for emergencies. However, it has a rather high (though considered the market rate) for commissions.
Those are interested to trade together, just drop me an email at NTUChartist@hotmail.com