Lim & Tan Securities: cash accounts, CCT custody and Singapore-market order controls

Lim & Tan Securities Pte Ltd is the Singapore contracting firm. MAS lists it as a Capital Markets Services licensee and an exempt financial adviser. This profile concentrates on its local securities-broker relationship: a permission to conduct an activity does not establish that every account or customer can use every product.[1]

The advanced-order documentation names Cash, CCT and Margin routes separately. Its SGX account list also includes CFD accounts; this is an account-specific order permission, not a statement that cash shares are CFDs.[5]

View full spreads & trading costs

A new CCT promotion runs from 1 October to 31 December 2026. Eligible online US trades are covered for new and existing CCT accounts; the SGX offer is restricted to new CCT accounts. Exchange charges and GST remain payable, and offers cannot be stacked.[3]

The promotional period ends 31 December 2026. The standard CCT table remains the reference outside the offer’s eligibility and dates; confirm the applicable rate before trading.[3]

For ordinary online Cash SGX dealing, the published brokerage bands are 0.28% through SGD 50,000, 0.22% in the next band through SGD 100,000 and 0.18% above that, with a SGD 25 minimum. Dealer-assisted charges differ. Neither this table nor CCT brokerage includes every market charge or applicable GST.[4]

CCT’s SGX levies are 0.0075% trading, 0.0325% clearing and SGD 0.35 per contract, before GST. For a SGD 10,000 trade, standard CCT minimum brokerage is SGD 15; the eligible new-account promotional minimum is SGD 12.[2][3]

Electronic statements are the default and are free. The paper option adds SGD 24 annually plus GST and SGD 1 plus GST for each day on which a statement is generated. That is a document-delivery charge, not an inactivity fee or an annual fee for every electronic account.[9]

The company’s iPhone-app description lists share trading, streaming prices, watchlists, order books and market data. It also describes cross-channel order amendment/withdrawal where the account is eligible. The description is not evidence that every advanced web order can be edited from every app screen.[7]

During a connection problem, ask the helpdesk or representative to establish the order state before resubmission. A trading acknowledgement is different from a payment receipt.[10]

The general payment instructions describe EPS, GIRO, bank bill payment and PayNow. PayNow instructions require the seven-digit trading-account reference and verification that the payee is Lim & Tan’s trust account. Use the current authenticated instructions, not a payment address forwarded by an unverified contact.[4]

Request CCT cash withdrawals through Account Mgmt → CCT Withdrawal; holdings and reserved buying power are not available cash.[2]

An outgoing securities transfer must identify the custody location, market and receiving account. For Bursa holdings, the broker publishes a separate transfer procedure and charges; a Singapore CDP transfer assumption is not a substitute. The precise current all-in outward charge and receipt deadline were not established for every foreign route reviewed.[8]

CCT waives foreign custody fees. Dividends credit trust cash; rights and scrip stay in the custody arrangement, not the customer’s direct CDP account.[2]

The MAS record specifically includes securities, collective investment schemes, exchange-traded and OTC derivatives, product financing and custodial services. Licensing is not a guarantee against market losses, and a broker trust balance should not be described as a personal insured bank deposit without evidence of the applicable arrangement.[1]

The published online-trading helpdesk is +65 6799 8188. Use the official contact page or assigned trading representative for access or trade queries. Keep order references, timestamps and the account type with a complaint; SGX and US order rules differ materially.[10]

For an eligible dispute with a subscribing financial institution, FIDReC is distinct from a report to MAS. Its mediation has no claim-value ceiling; the adjudication ceiling for the relevant claims filed from July 2024 is SGD 150,000. First give the firm the opportunity to resolve the complaint.[11]

The normal referral deadline is six months from the firm’s final reply. Individual/sole-proprietor adjudication carries a SGD 50 fee plus GST; larger organisational fees differ. Acceptance of an adjudicator’s determination by the consumer binds the institution under the scheme. Do not describe every stage and claimant category as cost-free.[12]

The MAS directory matches the firm to limtan.com.sg and its Singapore address at 16 Collyer Quay, #15-00. CCT is an account arrangement within that operator, not another regulated firm. The regional focus is the Singapore brokerage relationship even where the account purchases foreign securities.[1]

Headquarters

Singapore