How do we ensure that we are using cash upfront on DBS Vickers? - Seedly
 

DBS Multi Currency Account

DBS Vickers Securities

Asked by Anonymous

Asked on 27 Aug 2019

How do we ensure that we are using cash upfront on DBS Vickers?

Hi, I’m a newbie here who is keen to perform my first trade order on DBS Vickers. How do I ensure that I’m using cash upfront account to perform the trade? Just need to deposit money into my MCA account and nothing else?

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Kenneth Lou
Kenneth Lou, Co-founder at Seedly
Level 8. Wizard
Updated on 27 Aug 2019

Yup it's pretty straightforward :) You will be able to see a cash amount in your DBS Vickers trading account.

And when you make a trade, you can actually check if the trade fees will be $10 which is the correct amount.

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Question Poster

on 27 Aug 2019

Awesome! Thanks Kenneth :)
Gabriel Tham
Gabriel Tham, Tag Team Member at Kenichi Tag Team
Level 8. Wizard
Answered on 27 Aug 2019

Your buying power will be equal to your deposit amount. Commission is $10++

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