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Anonymous
In what scenarios will I be exempt from fees?
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There is no custodian fee for Singapore share As it is deposited with CDP. Custodian fee of SGD 2 per month is applicable for every US share. If you have 10 shares of Apple, you pay $20 per month. The cap is $150 per quarter. If you have 40 shares of Apple, you are supposed to pay $80 per month or $240 per quarter but since there is a cap of $150, you will pay $150. Exception is if you trade twice per month or 6 times in the quarter.
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WHere did you see that there are custodian fees? DBS vickers is CDP brokerage so shouldn't have such fee