To open a trading account in Singapore, you will need to first apply for a CDP (Central Depository) account online via the SGX (Singapore Exchange) website. A CDP account will allow you to buy and legally own shares and securities. If your brokerage firm of choice allows, you will be able to link your CDP account to your trading account to legally own and hold the securities you have purchased. If you are planning to make use of your brokerage firm’s custodian account, you may need a CDP account when you eventually close your trading account and need to transfer your securities out. Once you have a CDP account, visit your brokerage firm of choice’s website and you will be able to seamlessly apply for a trading account online. Some firms may require you to make an appointment to sign formal application forms in the presence of a witnessing officer due to SGX regulations.