May L

15 Apr 2020

∙

Hello Seedly! I am looking to invest in overseas stocks using Vickers, I was wondering if anyone have tried funding using other multi currency platforms instead of MCA? Was the process smooth/cheaper?

Other multi currency platforms platforms would be Transferwise / Revoult / YouTrip since they have better exchange rates but I have concerns that the remittance fees will end up being more expensive then using MCA directly as well.
Otherwise, would other platforms be recommended since overseas stocks don't have CDP anyway? Just looking to invest small amounts like 100 shares. Thank you for your time!

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Amanda

15 Apr 2020

For US stocks/ overseas stocks you may consider platforms such as IBKR, TD ameritrade or tiger brokers. and even fsm one! It's cheaper than vickers!

You should use dbs vickers for local stocks only - for cash upfront purchase

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