Hey Anon!
Seedly has previously written an article comparing the RSPs of DBS, FSMOne, OCBC and PhillipCapital.
Ideally, the best Regular Shares Savings Plan is the one with the lowest cost. That way you get to keep most of your dividends earned. Looking at the comparison above…
Regardless of the amount which you intend to invest (save for when it’s more than $1,300), it seems like FSMOne Regular Savings Plan is the cheapest one.
But if you wish to have access to STI Component Stocks, then you’ll need to look at OCBC Blue Chip Investment Plan and PhillipCapital Share Builders Plan. With OCBC Blue Chip Investment Plan being the cheapest of the two options. Unless you’re buying more than two counters or want access to the most number of counters available, then you should definitely go with PhillipCapital Share Builders Plan.
As for Saxo, these are the costs taken from their website. In addition to 0 platform, entry, exit and custody fees,
They have also recently launched their BlackRock portfolios where you can start investing through RSP based on your risk level. You could check it out on their website and see if it suits your preference.
Hope this helps!
Hey Anon!
Seedly has previously written an article comparing the RSPs of DBS, FSMOne, OCBC and PhillipCapital.
Ideally, the best Regular Shares Savings Plan is the one with the lowest cost. That way you get to keep most of your dividends earned. Looking at the comparison above…
Regardless of the amount which you intend to invest (save for when it’s more than $1,300), it seems like FSMOne Regular Savings Plan is the cheapest one.
But if you wish to have access to STI Component Stocks, then you’ll need to look at OCBC Blue Chip Investment Plan and PhillipCapital Share Builders Plan. With OCBC Blue Chip Investment Plan being the cheapest of the two options. Unless you’re buying more than two counters or want access to the most number of counters available, then you should definitely go with PhillipCapital Share Builders Plan.
As for Saxo, these are the costs taken from their website. In addition to 0 platform, entry, exit and custody fees,
They have also recently launched their BlackRock portfolios where you can start investing through RSP based on your risk level. You could check it out on their website and see if it suits your preference.
Hope this helps!