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FAQ & Eligibility Criteria (050110) |
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- Q1: Who is eligible to open a Young Investors (YI) trading account?
- Q2: What is the educational requirement?
- Q3: What are the supporting documents required if YI is currently a student?
- Q4: What are the additional documents required other than the account opening forms?
- Q5: Are there any prerequisites for opening account?
- Q6: What are the products that YI are not allowed to trade?
- Q7: Who can I call if I need help?
Anyone who is above the age of 18 and below 21 years old can open a YI trading account.Q1: Who is eligible to open a Young Investors (YI) trading account? 
To be eligible to open a YI Trading account, you need to have completed GCE 'A' Levels or be currently studying at a tertiary institution or Polytechnic.Q2: What is the educational requirement?
A copy of the student/Matriculation card or EZ-link card is required together with a copy of the Identity card (front and back).Q3: What are the supporting documents required if YI is currently a student?
i. Suitability Accessment QuestionnaireQ4: What are the additional documents required other than the
account opening forms?
- To be completed by 'YI', followed by a TR's recommendation.
ii. Standing Instruction for Trust account form
- Mandatory for 'YI' to sign standing instructions for auto crediting and debiting of trust account.
YIs are to come down personally to our office to complete an In-house e-learning program that covers key points on risk associated with trading and other operational matters.Q5: Are there any prerequisites for opening account?
Covered warrants and leveraged products are prohibited.Q6: What are the products that YI are not allowed to trade?
You can contact your Trading Representative or our Helpdesk on 6799 8188 from 8.30 am to 5.45 pm, Monday to Friday, to answer any questions you may have. Alternatively, you can fax to us at 6538 7730 or email us.Q7: Who can I call if I need help?