Yep no joke. It is FREE.
Gone are the days that we always think and believe that foreign brokerage houses like Company I and Company T gives very cheap brokerage fees.
These days local brokerage houses are catching up too. Not to mention, the shares transacted are held under the custody of the brokerage houses. There are no market makers, you-lose-house-win situation and etc.
In any case, the conditions are elaborated below.
Under this Promotion:
a. Clients are required to execute at least 3 trades to enjoy the rebate. The Promotion entitles each Client a maximum of 3 free trades, capped at a maximum rebate of S$50 (“the Rebate”), regardless of the number of trading accounts he or she has.
b. The rebate will be in the form of bonus points. The equivalent of 1800 bonus points will be credited in the following month and are valid till 31 December 2020.
c. New clients with no prior or pre-existing business dealings with UOBKH who open a cash or margin trading account with UOBKH will also enjoy 1 month free Hong Kong real time streaming price when they execute at least 3 online Hong Kong trades during the Promotion period.
d. The free 1 month Hong Kong real time streaming price will be activated in the following month.
If keen, dont wait. Open account is FREE too. The trading account allows online access to HK (of course), SG, Malaysia and US.
PM me to open a UTRADE account via the bottom right hand corner.