Has anyone tried transferring securities from CDP to FSM to take advantage of the $10 selling comms? How does this work and are there any hidden costs? - Seedly
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DBS Vickers Securities

FSMOne Fundsupermart

Benedict Lau

Asked on 20 Apr 2020

Has anyone tried transferring securities from CDP to FSM to take advantage of the $10 selling comms? How does this work and are there any hidden costs?

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?

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Billy Ko
Billy Ko
Level 7. Grand Master
Answered on 23 Apr 2020

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!

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ūüĎć
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Benedict Lau
Benedict Lau

16 May 2020

Thank You!
Thank You!
Can you clarify
I wonder if
This is so helpful ūüĎć
What about
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