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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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Medufsaid
post Mar 31 2024, 05:53 PM

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does FSM malaysia support London ETFs? seems like the answer is hidden unless you register & login to check.

also, you need to pay malaysian stamp duty right? so the minimal charges @ RM1,000 investment is still RM1 processing fee + stamp duty RM1

This post has been edited by Medufsaid: Mar 31 2024, 05:57 PM
Medufsaid
post May 15 2024, 02:24 PM

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FSM RSP is actually RM1 + RM1 (stamp duty). that's U$0.42.

not just that, current S&P500 annual dividend yield is 1.27%. you are losing out on RM19.05 annual savings per RM10k if u picked USA-domiciled etf funds
Medufsaid
post May 16 2024, 03:44 AM

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!@#$%^ for IBKR you can create a joint account. so that will solve some of those scenarios
Medufsaid
post May 23 2025, 11:09 AM

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QUOTE
thats good but need to see other charges & stamp duty.
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also the selling fees for LSE CSPX are very expensive right?
QUOTE
LSE trading (min fee 0.15%/GBP15) and RSP (0.15%/MYR 1) now available. Need to update apps first
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as long as you are sure you don't need to suddenly sell it to free up some cash then it's fine
Medufsaid
post May 24 2025, 12:31 AM

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--deleted--

updated info here

This post has been edited by Medufsaid: Jul 7 2025, 04:51 PM
Medufsaid
post Jun 4 2025, 11:34 AM

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--deleted--

updated info here

This post has been edited by Medufsaid: Jul 7 2025, 04:51 PM
Medufsaid
post Jun 6 2025, 11:52 AM

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--deleted--

updated info here

This post has been edited by Medufsaid: Jul 7 2025, 04:51 PM
Medufsaid
post Jun 11 2025, 05:15 PM

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Barricade
QUOTE(terriblyrawtea @ May 23 2025, 01:43 PM)
There's rsp scheduled selling of ETFs at 0.15% (min MYR 1) for LSE

Source here: https://support.fsmone.com.my/hc/en-us/arti...RSP-investments
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granted, it's not real time sell and there's opportunity cost to wait for it to sell

This post has been edited by Medufsaid: Jun 11 2025, 05:17 PM
Medufsaid
post Jun 18 2025, 09:18 AM

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watermineral
QUOTE
There's rsp scheduled selling of ETFs at 0.15% (min MYR 1) for LSE

Source here: https://support.fsmone.com.my/hc/en-us/arti...RSP-investments
*

Medufsaid
post Jul 7 2025, 04:50 PM

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looks like SPYL is available on FSMOne

user posted image

This post has been edited by Medufsaid: Oct 19 2025, 11:27 AM
Medufsaid
post Jul 12 2025, 03:55 PM

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kazekage_09 FSMOne. currently FOC (only malaysian stamp duty need to pay)
Medufsaid
post Oct 24 2025, 10:32 AM

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jutamind use autosweep. someone calculated that for MYR cash auto-conversion to USD for RSP, FSM will charge you twice the forex fee compared to you manually converting to USD inside FSM
Medufsaid
post Oct 27 2025, 01:22 PM

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QUOTE(tadashi987 @ Oct 27 2025, 12:13 PM)
FSM shouldn't charge twice the forex fee just because we are using cash account
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no. i mean FSM is charging you subpar MYRUSD rates if u let it take from MYR balance

user posted image

👆 my conversation with another FSM user. luckily we found a way to get FSM to deduct from USD auto-sweep. so all is good (just a bit leceh)

user posted image

create RSP order to take from USD auto-sweep acct

This post has been edited by Medufsaid: Oct 27 2025, 01:50 PM
Medufsaid
post Nov 27 2025, 05:16 PM

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kimi0148 yes but because USD will fluctuate, your intended investment of RM1,000 might suddenly become RM1,050 or in other words RM1.00 stamp duty becomes RM2.00 so you have to create a custom RSP order every time

This post has been edited by Medufsaid: Nov 27 2025, 06:07 PM

 

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