QUOTE(Ramjade @ Aug 21 2017, 12:15 PM)
0.12% is already low. If you use cash account linked with CDP (direct account), usual cost is 0.25% or min SGD25
.
Most prefunded account (nominee account) charge you 0.18% or SGD18.
You can't escape brokerage charge. If you want to escape brokerage charge, only US, HK, EU, UK brokerage (for their exchange) got no charge. Not all give you free. Only some in that country (if you know where to look).
Here's some of the full list
http://fifthperson.com/how-to-open-a-broke...t-in-singapore/
Note: DBS Vickers prefunded is direct account which cost 0.18% or min SGD18 (now with promo it's 0.12% or min SGD10-SGD5 (SGD5 rebate)). When you sell, it's 0.25% or min SGD25
None of them let you open online except FSM. But some let you apply via post. If you apply via post, all documents need to be verified with commissioner of oath (for direct account)
Of course you can't compare with with Malaysia, US brokerage (RM8, USD4.95) charges.- don't look at the currency. Look at the number.
MKE now 0.12% to SG, US, HK and China stocks.. better deal. Min is SGD 10 for SGX, USD 10 for US, and HKD/RMB 50. For both buy and sell.Most prefunded account (nominee account) charge you 0.18% or SGD18.
You can't escape brokerage charge. If you want to escape brokerage charge, only US, HK, EU, UK brokerage (for their exchange) got no charge. Not all give you free. Only some in that country (if you know where to look).
Here's some of the full list
http://fifthperson.com/how-to-open-a-broke...t-in-singapore/
Note: DBS Vickers prefunded is direct account which cost 0.18% or min SGD18 (now with promo it's 0.12% or min SGD10-SGD5 (SGD5 rebate)). When you sell, it's 0.25% or min SGD25
None of them let you open online except FSM. But some let you apply via post. If you apply via post, all documents need to be verified with commissioner of oath (for direct account)
Of course you can't compare with with Malaysia, US brokerage (RM8, USD4.95) charges.- don't look at the currency. Look at the number.
Plus got trade rebate too, 5 free trades and voucher for new customers.
This post has been edited by gark: Aug 21 2017, 03:18 PM
Aug 21 2017, 03:14 PM

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