31 May 2020
Life Alchemist at School of Hard Knocks
Actually, there're a lot of options out there to invest in foreign stock exchange.
Do note that your profits are variable, but your expenses are definitely fixed. With that said, we often try to go for the platform that can save our costs better (low commission per trade & foreign exchange rates spreads). At the moment, I don't think DBS Vickers is one of the competitive brokers for buying stocks.
You can check it out here:
For Singapore Stocks:
For US Stocks:
As for HK stocks, FSMOne has low commission however from what I read elsewhere, their SGDHKD exchange rate may not be very good.
All the best!
07 Jun 2019
Tag Team Member at Kenichi Tag Team
Investing in foreign stocks do not require CDP because foreign stocks will be held in custodian with your bank or brokerage.
CDP only holds local SG products.
You probably need to take note of the custodian charges and fees, as well as any taxation, when investing in foreign stocks.
View 1 replies
04 Sep 2018
Manager at Scb
CDP account is required only if you trade on SGX. However, I recommend you to have a CDP account - I...
Read 1 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
DBS Vickers Securities
0.18% to 0.28%
STOCK HOLDING TYPE