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Anonymous

26 Aug 2020

∙

General Investing

Im usually sell using DBS Vickers acc. Can i check FSMOne is it a legit company? And if today i buy share using DBS Vickers and the shares are not credited to CDP yet. Can i sell using FSMOne today?

FSMOne Fundsupermart DBS Vickers Securities

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Benedict Lau

26 Aug 2020

Student Ambassador 20/21 at Seedly

Hello!

Yes FSMOne is definitely legit, just that it holds custody of your securities instead of CDP. FSMOne has the option for you to sell shares held in your CDP so long you link your FSM account to CDP. As such, I believe your holdings would have to be reflected in CDP before you can sell them. Hope this helps!

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Tan Yu Ji

14 Aug 2020

Economics at Nanyang Technological University

FSMone is definitely a legit company, just that it is a custodian broker, so if you buy shares, the shares will not be held under your name. It is also being regulated by MAS so you definitely do not need to worry about it!

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Kenneth Lou

14 Aug 2020

Co-founder at Seedly

FSM is definitely legit, I love their mobile experience and ease of use as well :)

I also moved the...

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Hi experts.. if I buy share using cash upfront from dbs vicker yesterday. Can I sell the share today using sell option even though the share not credited to cdp yet?

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