Young Investors Programme

Embark on your trading journey with us with exclusive benefits

Why you will love this

A special 2-year programme designed to groom young inexperienced individuals into prudent and confident traders

Comes with extra perks to help beginners get started

Who can apply

Age between 18 and 29

New customers opening either a Basic Trading account, Share Financing account or Share Borrowing account with us for the first time

For local application

Apply at a branch with these supporting documents 

  1. For Singaporeans and Permanent Residents:

    • NRIC/SAF/SPF ID and Passport

    For Malaysians:

    • IC and Singapore Residence Pass (e.g. Employment pass) if applicable

    For Foreigners:

    • Valid Passport and Singapore Residence Pass (e.g. Employment pass) if applicable

    Note: Bring the originals of these Identification Documents (ID)

    Inform our customer service officers to write "YIP" or "YIP-FRANK" at the top right-hand corner of the account opening form

  2. Provide us with the original or electronic copy of any of the following documents reflecting your name and address:

    • Bank statement from a Monetary Authority of Singapore (MAS) licensed bank
    • Latest CPF statement
    • Latest Notice of tax assessment from IRAS

    Note: Document(s) must be dated no older than 3 months from date of application. If your mailing address is different from your residential address, please provide one document for each address.

For overseas application

Mail in the completed application forms with copies of:  

  1. Required for all:

    Write "YIP" or "YIP-FRANK" on the top right-hand corner of your form

    Optional Forms

  2. Provide a copy of your identification:

    For Singaporeans and Permanent Residents:

    • NRIC/SAF/SPF ID and Passport

    For Malaysians:

    • IC and Singapore Residence Pass (e.g. Employment pass) if applicable

    For Foreigners:

    • Valid Passport and Singapore Residence Pass (e.g. Employment pass) if applicable

    Bring your original ID, the photocopy and our account application form to any of the below authorised parties to witness your signature on the form and certify true copy of your ID:

    • Notary Public
    • Advocates & Solicitors
    • Singapore Embassy

    The witnessing officer should provide his/her name and contact details.

  3. Provide us with the original or electronic copy of any of the following documents reflecting your name and address:

    • Bank statement from a Monetary Authority of Singapore (MAS) licensed bank
    • Latest CPF statement
    • Latest Notice of tax assessment from IRAS

    Note: Document(s) must be dated no older than 3 months from date of application. If your mailing address is different from your residential address, please provide one document for each address.

  4. Mail it to us

    OCBC Securities Private Limited
    18 Church Street #01-00,
    OCBC Centre South,
    Singapore 049479

Our Young Investor Programme is designed to make it easier for beginners to get started on trading.

Benefits

Exclusive seminars to start your trading journey

Our YIP seminars are curated to build up your trading fundamentals, helping you to pick up trading traits like a natural.

Exclusive YIP rebate

Up to $50 rebate on your first trade or reduced minimum commission of only $15 for your online SGX trades if you pay for your trades with an OCBC FRANK account via GIRO

Dedicated Trading Representative

Get help with all your trading needs and regular market updates for opportunities.

Exclusive access to YIP Pocket book

A unique investment guide written by young investors to young investors that is packed with 101 information on trading.

RATES & COMMISSIONS

Trading does not always involve big money

The minimum lot size on SGX is only 100 shares.

Let's say you are buying 100 shares of stock 'A'

Stock buy priceS$1.20

Buy brokerage rate0.275%

Minimum commissionS$25.00

Clearing fee (0.0325%)S$0.03

Access fee (0.0075%)S$0.01

SGX SI FeeS$0.35

GST (7.0%)S$1.77

What you have to payS$147.16

Before you apply

Fees

Rates and commissions

Want to find out more about how to calculate fees? Get in touch with us.

Eligibility requirements

Age limit

18 to 29 years old

Account required

New customers opening either a Basic Trading account, Share Financing account or Share Borrowing account with us for the first time.

Customers aged 18 - 20 can only open a Basic trading account and trade non-Specified Investment Products (SIPs) and initial deposit of S$1,000 is required to commence trading.

Ways to apply

Join YIP by opening a Basic Trading account, Share Financing account or Share Borrowing account

FAQs
Common question
What happens after 2 years in the programme?
After 2 years, you will be notified of your graduation from YIP and any related benefits and rates will cease.