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Anonymous

21 May 2020

∙

General Investing

Has any used FSMOne for local and foreign trading? Is IFast global market is safe to use?

I have brought SG stocks and ETF and these portfolio are holding in the company custodian. I found out IFast global market is a subsidiary of fSMOne.com. So I suppose it should be quite safe to trade on the Ifast trading platform? The stocks were quite limited - HK, US, SG and China.

FSMOne Fundsupermart

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Kenneth Lou

13 May 2020

Co-founder at Seedly

Hey! I work with the people at IFAST and FSMONE as well on a busiess level, so I actually meet the team on maybe every few months.

I feel they are well structured and almost MNC level because of their regional presecne and also in Hong Kong.

So I don't think you have much to worry about them, if you do a look up on their shareholding strucutre, balance sheets, and also MAS regulation, all sound.

I would say if there are two strong candidates for trading platforms-focused companies (online brokerages wise) it would be either IFAST (FSM) or POEMS. (PhilipCapital), very long history serving Singapore based audiences.

Apart from the bank affliated platforms.

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