Anonymous

07 Dec 2019

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Which brokerage house will not charge custodian and dividend handling fees for holding foreign shares?

Interested to purchase foreign shares but still deciding which brokerage house will be the ideal.

Discussion (9)

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Choon Yuan Chan

07 Dec 2019

All charge cutodian and handling fee. Unfrotunately. There is no running away from it for brokerage houses

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Wallace Chai

07 Dec 2019

I think most of them charge custodian fees. Cheapest one i think is IFAST. Best is to use Interactive broker as you will be able to invest in most of the countries.

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Brandon Chang

06 Dec 2019

Interactibe Brokers. Or TDAmeritrade. Both are great!

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Jonathan Ang

06 Dec 2019

TD Admeritrade

FSMone

Interactive brokers

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Bjorn Ng

06 Dec 2019

Business Analyst at 10x Capital

For local, try using Standard Chartered. For overseas brokerage, you can consider both TDAmeritrade ...

Write your thoughts

Excessive custodian fees charged by DBS for foreign stock holdings?

How do you actually buy stocks? Through a brokerage? So if I am linked up with a brokerage, I just hold my position for long? Does it mean im a share holder? How are then dividends paid to you?

Is it true that there is no custodian fee when holding stocks bought from foreign market? Is there any special condition/hidden fees for it?

Hi! FSMOne charges a dividend handling fee of 2.50 USD minimum. So what if your dividends for that year are less than thay amount? Does that mean they deduct 2.50 from your cash account anyways?

Is it true that there is no custodian fees will be charged for shares bought from the HongKong/USA market?

Moomoo Singapore

4.7

479 Reviews

From $0

MINIMUM FEE

0.03%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Saxo Markets

4.5

957 Reviews

Syfe Trade

4.9

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Excessive custodian fees charged by DBS for foreign stock holdings?

How do you actually buy stocks? Through a brokerage? So if I am linked up with a brokerage, I just hold my position for long? Does it mean im a share holder? How are then dividends paid to you?

Is it true that there is no custodian fee when holding stocks bought from foreign market? Is there any special condition/hidden fees for it?

Hi! FSMOne charges a dividend handling fee of 2.50 USD minimum. So what if your dividends for that year are less than thay amount? Does that mean they deduct 2.50 from your cash account anyways?

Is it true that there is no custodian fees will be charged for shares bought from the HongKong/USA market?