Hi, I have a few US stocks through Vickers and am a buy and hold casual investor. Is it worth while transferring my portfolio to Saxo to avoid custodian fees? Thanks, any advice?

Hi,

There are custody fees for Saxocapital just FYI. Brokers have to earn money in some way. They usually charge custody fees, inactivity fees, live data fees etc to name a few. Always look through the fees on their website to get a better idea

Also note that transferring your stocks from a CDP to Custodian Account will require a transfer fee per counter. Do take note of that as it will erode away from your current value

Hope that helps

You could open an account with TD Ameritrade Singapore branch

0.00 USD fees on trades of U.S. equity and no important other fees​​​