DBS Vickers Securities
Asked on 20 Apr 2020
Is this a viable idea? What are some factors that I should be aware of before doing this? Any hidden costs that I should be aware of?
Hey Benedict! You actually don't have to transfer securities from CDP to FSM. In fact, FSM offers $10 flat fee to selling your CDP-linked stocks! So basically, what you need to do is just to link your CDP account to FSM and you're good to go! No transferring whatsoever. Just make sure you only sell the stocks that you have!