Hi Gurus, I'm a newbie here. Is DBS Vickers the best platform for buying Singapore REITS? What about brokerage platforms for overseas ETFs?
Whats are your thoughts on DBS Vickers and do you have other recommendations?
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Rahul Wadhwa
12 Dec 2020
Student Ambassador 2020/21 at Seedly
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Hi Fynn,
It depends whether you want your shares to be deposited into your CDP or not. If you want your shares to be deposited into your CDP, buying from Vickers would be the best choice due to their cash upfront option, and selling from FSMOne would be the best choice.
If you are not too concerned about where the shares are held, you might want to go with a cheaper broker like Tiger Brokers.
For overseas ETFs, I would not reccomend Vickers due to their high comissions and custodian fees, dividend handling fees etc. I would reccomend another broker like Saxo, Tiger, IBKR depending on which countries you want to invest/trade in and how often you trade.āāā