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Anonymous

04 Dec 2020

∙

General Investing

How do I sell my stock using a DBS Vickers Cash Upfront account?

I keep getting this error message: "Message: You do not have sufficient trading limit to place this order. Please check your available Buying Power.
Code: IN105" Anyone has experience who can advise? Thanks!

DBS Vickers Securities

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Tian Mu

04 Dec 2020

You gotta call DBS to increase to your sell limit!

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Gabriel Tham

07 Jun 2019

Tag Team Member at Kenichi Tag Team

To sell, you have to use your regular DBS vickers account. The commission will be charged at normal rates $25 min commission.

Cash Upfront is only for buying at special commission rate of $10.

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Kenneth Lou

26 Mar 2019

Co-founder at Seedly

Hey! I actually had this problem sometime back as well.

Cash upfront accounts are designed for BUY...

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Can I buy and sell a stock on the same day using DBS Vickers Cash Upfront Account?

I bought some stocks through DBS Vickers using cash upfront. Recently, I sold the same stocks through DBS Vickers too but my brokerage account balance shows negative. Did I do something wrong?

I am using dbs vickers cash account. Can i buy a stock on friday and sell it on monday ? I understand that usual trading take 3 days to settle. Do i need to wait 3days later to sell the stock ?

Was trying to sell some stocks which i got using cash upfront today and was prompted to top up my DBS vickers in order to up my sell limit before i am allowed to place the sell order. Why is this so?

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