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

Asked on 06 Jul 2019

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.

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Answers (9)

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Bjorn Ng
Bjorn Ng
Level 9. God of Wisdom
Answered on 06 Dec 2019

For local, try using Standard Chartered. For overseas brokerage, you can consider both TDAmeritrade or Interactive Brokers. IB has the cheapest comms around by the way!

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šŸ‘ 7
Wallace Chai
Wallace Chai
Level 9. God of Wisdom
Answered on 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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šŸ‘ 4
Jonathan Ang
Jonathan Ang
Level 7. Grand Master
Answered on 06 Dec 2019

TD Admeritrade

FSMone

Interactive brokers

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šŸ‘ 3
Junus Eu
Junus Eu
Level 9. God of Wisdom
Answered on 05 Dec 2019

Interactive Broker

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šŸ‘ 1
Harvey Tan
Harvey Tan
Level 6. Master
Answered on 28 Jul 2019

Interactive broker

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šŸ‘ 1
Brandon Chang
Brandon Chang
Level 3. Wonderkid
Answered on 06 Dec 2019

Interactibe Brokers. Or TDAmeritrade. Both are great!

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šŸ‘ 0
Choon Yuan Chan
Choon Yuan Chan
Level 9. God of Wisdom
Updated on 07 Dec 2019

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

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šŸ‘ 0
Wilson Nid A Break
Wilson Nid A Break
Level 9. God of Wisdom
Answered on 06 Nov 2019

SCB

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šŸ‘ 0
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 28 Jul 2019

For US market, Td Ameritrade

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šŸ‘ 0