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Anonymous
POEMS vs DBS Vickers for first timers?
Created a CDP acc and i'm not sure which trading platform i should go with?
heard DBS Vickers has bad customer service and the platform is terrible to use. also i do not have a DBS multiplier acc.
heard POEMs has good and updated interface but may not be applicable for first timers as there are lots of functions
or should use a completely different platfrom?
i'm planning to invest monthly starting from $100 for now as i'm still serving NS.
in a dilemma here. any help will be appreciated.
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Think the main thing to choose either is the fund is store in your CDP account. Fee for prepaid poems is 0.28%/S$25 while for vickers I think is 0.12%/S$10 commission (google for latest price). Vickers slight cheaper but I feel poems might be better plateform if you really serious in analyse stock etc..
Do register cdp first before apply any of them else you will need submit hardcopy linkage form by post to link your cdp with brokerage. 🙂
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DBS is recommended for SGX markets as they offer cheap fees if you opt for cash upfront for your tra...
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Vickers, it's not that hard to use. have never had to use customer service over the past 3 years