Jan 27 2017, 03:45 PM
QUOTE(Ramjade @ Jan 27 2017, 01:13 PM)
FSM SG charges you platform fees for everything (stocks, equity funds, bond funds). It created a backlash among their community.
Avoid FSM SG at all cost as the platform fees will eat into your profit faster than service charge (platform fees is charged yearly while service charge is charged once)
This is if you want to invest in SG UT.
Agreed.Avoid FSM SG at all cost as the platform fees will eat into your profit faster than service charge (platform fees is charged yearly while service charge is charged once)
This is if you want to invest in SG UT.
I was really curious why some long-term investors chose FSM at the other thread… now I understood they were all investing in FSM Malaysia – which was way cheaper than its Singapore counterpart.
And for now POEMS looks more promising for its lower charge too…
Either way I do not have enough money to invest into FSM Singapore, just asking around for more knowledge. Maybe those who invested in FSM Singapore only do it for short terms (~3 years)…
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