No. You do not need to complete the SGX Online Education if:
a) you answer "yes" to any of the first 4 questions on the Financial Assessment Investment Knowledge screen; OR
b) You have previously completed the SGX Online Education within the past 3 years, and scored above 50% for the assessment. You should also not have been refused on four occasions by other financial institutions to open a trading account.
Please note that if you fail to complete either of a) and b), then your trading access will be restricted to stock and limited ETFs.