facebookIf I purchase stocks via DBS Vickers (Cash Upfront), may I use FSM One to sell the stocks? Are there any disadvantages (monthly/yearly charges by FSM One)? - Seedly
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Anonymous

22 Jul 2020

If I purchase stocks via DBS Vickers (Cash Upfront), may I use FSM One to sell the stocks? Are there any disadvantages (monthly/yearly charges by FSM One)?

Is there anyone that will actually sell via DBS Vickers?

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    Discussion (5)

    What are your thoughts?

    There are no disadvantages if you sell via fsmone!

    Personally for all my sg stocks I purchase with dbs vickers cash upfront and sell via fsmone! The commission for selling via fsmone (flat fee $10 excluding gst and clearing charge which adds up to about $12) is much lower than dbsvickers (Minimum $25)

    I tried selling via DBS vickers before and had some issues due to my selling limits so it is important to check ur selling limit on DBS vickers! Fsmone gives u a default $50k sgd selling limit for cdp.

    If you would like to sell via fsmone do note that you would have to do a linkage of ur cdp acc and fsmone acc by filling up a form and mailing it to fsmone

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