Asked 3w ago
Would like to find out the full charges using a brokerage that is linked to CDP.
To buy: Brokerage Sales Charge ($25 or 0.28%) + GST%+ CDP Clearing fees
To sell: Sales Charge ($25 or 0.28%) + GST%+ CDP Clearing fees
Please correct me if i am wrong
Buying or selling on Singapore markets will incur the same cost structure, namely:
a) Brokerage of 0.28% or SGD25 (for contract value less than SGD50K, any higher and you may have reduce brokerage costs, check with your broker) plus
b) Clearing Fees of 0.0325% of contract value plus
c) SGX Trading Fee of 0.0075% on the gross contract amount plus
d) SGX Settlement Instruction Fee of SGD0.35 per settlement and finally
after you sum up a) to d), add 7% because we have to contribute to the nation by paying GST.
Hello, I was finding out about the fees as well and came across this website.
Show More Products