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Hi,
Recently, i bought 100 shares of KDC reit to check how much the commission fees are been charge.
above the way how we calculate all the charges:
Invested Amt = Price *100
Comm Fee = 0.08%invested amount
Clearing Fee = 0.0325%(Invested Amt + Comm Fee)
Trading Fee = 0.0075%*(Invested Amt + Comm Fee)
SGX Set. Ins. = $0.35
GST Fee 8% of 4 total fee
the above calculation is 100% correct, however there is still more charges called CDP charges ($0.35), anyone why got this charges? Because is not worth to buy small amount of stock if this CDP charges keep charging.
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Central Depository. is your share put inside your cdp? All share have this charges basically is admin fee for changing the ownership of the share. All trade will have this charges. it will only depend if your brokerage will absorb the charges or pass the charges to you.
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