- 0.06% p.a. custodian fees - for RM100,000 total asset value, they will charge RM60 per annum only? not bad right?
- 0.40% for each trade (minimum USD5) - ok yea this one will hurt. so maybe what we can do is just gather about RM2000 before making a lumpsum trade? so i would get hit with about 1.25% trade fees only. Not too bad compared to mutual funds.
let me know if i got any fee or calculations wrong. this seems like a better route for people like me who are paranoid about opening overseas account to fund the more reputable brokers (tiger, moomoo, tsg ibkr, etc). anyway, i'm holding out to see if FSM can provide a more competitive rate when they finally allow overseas trading
Jul 7 2021, 12:37 PM
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