1. How to open an account

Via APP

Open Tickrs App > Open Account Tab (3rd tab found at bottom of page) > enter phone number > enter OTP > open account via SingPass/Manual input of details.

For manual input of details, use the app to scan the front and back of your NRIC/Passport, key in your address and submit proof of address. Once you have confirmed everything is correct, click “confirm details”.

Upon confirmation, your account details will then be submitted for approval. Forms can also be made available in hardcopy for submission.

For institutional accounts, please email enquiry@tickrs.com.sg for more information on institutional account opening.

2. Documents needed to open an account

To open an account, please provide the following documents.

- NRIC/Passport (or Certified True Copy for offline account opening)

- Proof of address (or Certified True Copy for offline account opening)

- Proof of assets/income for 3 months (for accredited investors)

3. Taxation

Tickrs reserves the right to withhold a percentage of your gains from US market trading for tax purposes. Pursuant to Internal Revenue Code (IRC) Sections 1446(a) and 1446(f) of the US Internal Revenue Service (IRS), from January 1, 2023, holdings, trading, or transfers of Publicly Traded Partnership (PTP) securities by a non-US person shall be subject to the following withholding tax:

- Sales, trading, or transfers of PTP securities shall be subject to a withholding tax equal to 10% of the transaction amount;

- Dividends from PTP securities shall be subject to a withholding tax equal to 37% (applicable to individual investors) or 21% (applicable to companies or institutional investors) of the dividends.

- Exemption from withholding may apply if a PTP releases a public statement called a "Qualified Notice" to indicate that the PTP meets the requirements of IRC Sec. 1446(f)-4(b)(3) to be exempt from withholding.