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

Advertisement

Anonymous

22 Jul 2020

General Investing

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?

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

View 4 replies

Write your thoughts

Advertisement