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Anonymous

14 Apr 2020

∙

General Investing

Why is the Buying Power in DBS Vickers so low?

Let's say I put $100k to Multi Currency Account and my Buying Power are as follows, Buy Limit -$200k, Sell Limit $30k. What I don't understand is that I can Buy more shares but I'm unable to sell all my shares back? Why?

Why is the Selling limit so low? Meaning to say If I were to buy a stock worth of $150k, I'm only allowed to sell stock worth of only up to $30k. Anyone care to explain?

DBS Vickers Securities

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Kenneth Chan

14 Apr 2020

Seems like you have a "contra" type of account opened with DBS Vickers. From what I know, you can increase the "Buy" and "Sell" limit by 2 ways:

Transfer more money into DBS Vickers directly. (maintaining in your DBS account do not count).
Make more trades.

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DBS Vickers Securities

2.8

90 Reviews

$25

MINIMUM FEE

0.18% to 0.28%

TRADING FEES

CDP

STOCK HOLDING TYPE

Related Posts

Can I buy ARK ETF from DBS Vickers? What are the pros and cons using Interactive Brokers if my approach is DCA? Also considering getting StanChart as I heard fees are low?

What is the difference between buying STI ETF from creating an account from DBS Vickers itself and just buying from Funds in the DBS Page?

Hi, need advice on S&P 500 ETF. I use DBS Vickers. Which ETF to pick? Does DBS Vickers allow me to buy Irish-domiciled ETFs? US-domiciled ETFs are subject to 30% tax? which ETF would you pick?

How does it work if i buy from 2 different brokerage accounts? Currently i am on iOCBC but i am looking to switch to DBS Vickers. Will all my stocks i bought via iOCBC be reflected in DBS VIckers?

Im usually sell using DBS Vickers acc. Can i check FSMOne is it a legit company? And if today i buy share using DBS Vickers and the shares are not credited to CDP yet. Can i sell using FSMOne today?

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