Remisier FAQ

  • 01. What is a Remisier?

    A Remisier is an agent of a stockbroking company who provides professional advice in stocks and share trading and carry out trade executions for clients.

  • 02. What is the difference between a Remisier and a Mobile broker?

    As a Remisier, you are based in the office during market trading hours. You have your own work area with fixed phone lines and a trading terminal linked to the SGX trading system.

    A Mobile Broker, on the other hand, may choose to work from outside office premises as long as there is internet access.

  • 03. Do I get a basic salary?

    No, your income is 100% commission-based. You earn a brokerage commission for each trade execution on behalf of your clients.

  • 04. Can I keep my current job?

    No, Remisier is full-time position and it is a requirement that you leave your current job.

  • 05. What is the minimum educational requirement?

    The minimum qualification under the Securities and Futures Act is GCE 'A' Level or Polytechnic Diploma

  • 06. Do I need a licence to trade?

    Yes, you will need a Representative Licence with MAS, which can be acquired by passing Module 1A, M5, 6 and 6A of the Capital Markets & Financial Advisory Services (CMFAS) Examinations.

  • 07. Will training be provided?

    Yes, we will be given assistance to prepare you for the CMFAS Examinations and on-the-job training.

  • 08. Are there any startup costs involved?

    It is a SGX's requirement that you place a refundable security deposit of S$30,000 which may be in the form of cash or banker's guarantee.

  • 09. Will I be given a portfolio of clients to manage?

    No, you will acquire your own clients and grow your client base.

  • 10. Are there any risks involved for me as a Remisier?

    You are fully liable for any bad debts that may be incurred by your clients.

  • 11. What kind of candidate is Lim & Tan Securities looking for?

    You should ideally be mature, entrepreneurial and self-motivated with good or potential client network, preferably with 2 to 3 years of sales experience.

  • 12. How do I apply to become a Remisier?

    You may CLICK HERE to apply.