08 Aug 2020
Granted that your question is a year ago but I thought I'll still give my two cents worth. Currently I will advocate tiger brokers as they waived the minimum fee so the fee is around 0.12% of your trade value which I feel that it's really cheap.
Can use my referral link for sign up perks:
If you're buying sg stocks for dividends, i'm assuming you're going to hold long and not sell for short period of time. In that case, use DBS Vickers (Cash Upfront). Your stocks will be under CDP and it charge min$10 fee per trade, unlike most other brokerages that charge min$25 for stocks under cdp. However note that cash upfront is for BUY trades. If u want to sell, can use FSMOne, link it to your cdp and sell, fee $10 also.
And no, i don't think anyone here have ever and will ever recommend using same brokerage for SG and overseas stocks if you are using a local brokerage, esp DBS. If you use FSMOne/IBKR for sg stocks then yes, u can use it tgt for overseas stocks. But pls do not use DBS vickers for overseas stocks. Just tooooooo much fees involved.
Write your thoughts
POEMS by PhillipCapital
0.08% to 0.12%
STOCK HOLDING TYPE
[PROMO] Get S$30. Valid till 14 Dec 2021. T&Cs apply. Learn more below.