Is it true that there is no custodian fee when holding stocks bought from foreign market? Is there any special condition/hidden fees for it?
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I just found out that DBS charges a whooping S$100 custodian fee for each foreign market per half yearly. This is the MINIMUM fee chargeable every half-yearly. This is regardless of the amounts and/or frequency of trades. So, if you have stocks in US and HK and you hold it for the year, DBS earns S$400! Excessive much!?
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Hi David,
I'm Roger from fSMOne.com. We can confirm that there are no custodian fees imposed on s...
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Completely dependent on the brokerage