facebookIf I am trading US stocks via tigers or FSMone, what’s the most cost efficient way if I decide to cash out my earnings? Also is there any transaction fees for transferring USD from tiger/FSMone to DBS? - Seedly

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If I am trading US stocks via tigers or FSMone, what’s the most cost efficient way if I decide to cash out my earnings? Also is there any transaction fees for transferring USD from tiger/FSMone to DBS?

Which is the most cost efficient way to cash out my earning for US stocks?

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Rahul Wadhwa

18 Dec 2020

Student Ambassador 2020/21 at Seedly

Hi TY Lim,

For tiger to DBS, there will be no transaction fees.

For FSMOne you will have to incur the telegraphic transfer fees.

Alternatively, if the exchange rate is favorable, you can do an internal transfer and then withdraw SGD.

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