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Anonymous
What are the main differences between the 2, including difference in fees etc
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Gabriel Tham
30 Jan 2020
Tag Team Member at Kenichi Tag Team
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$25
MINIMUM FEE
0.18% to 0.28%
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CDP
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Cash upfront means you need to have the cash before buying. You can only buy the same amount of cash you have. So if you have 1k you can only buy that amount.
Cash account means you buy first, pay later. You can buy up to a limit specified by broker, then T+2 days later you make payment via giro to vickers account.