Hi there. Recently signed up for DBS Vickers Cash Account, and found out there are Custodian Fees attached to it. Are these fees chargeable if I only deal with Singapore Market Stocks?

WHere did you see that there are custodian fees? DBS vickers is CDP brokerage so shouldn't have such fee

There is no custodian fee for Singapore share As it is deposited with CDP. Custodian fee of SGD 2 per month is applicable for every US share. If you have 10 shares of Apple, you pay $20 per month. The cap is $150 per quarter. If you have 40 shares of Apple, you are supposed to pay $80 per month or $240 per quarter but since there is a cap of $150, you will pay $150. Exception is if you trade twice per month or 6 times in the quarter.