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TY Lim

18 Jun 2020

∙

General Investing

I am looking for the best option to sell off my sg stocks held in cdp. Can someone advise me which is the best platform to do so?

Thinking if there’s better option other than the $25 charged by vickers

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Ng Wei En

18 Jun 2020

Analyst at Mastercard

FSMone, which is a custodian-based brokerage account as opposed to a CDP-linked brokerage like DBS Vickers, allow you to link your FSMone account to your CDP for sell orders ONLY. However, there is an application form you need to fill which may take some time for approval by SGX for the linkage to be done. Refer to link for the application form.

FSMone charges 0.08%(min S$10) on buy/sell orders of SG stocks. Refer to link for detailed pricing structure.

Links:

https://secure.fundsupermart.com/fsm/new-to-fsm...

https://secure.fundsupermart.com/fsm/articleFil...

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