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DBS Vickers Securities

  • Overview
  • Reviews (73)
  • Questions (0)
  • More Details
Online Brokerages/DBS Vickers Securities
Online Brokerages/DBS Vickers Securities
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USER RATINGS

Customer Support

3.0

User Experience

2.6

DBS Vickers Securities

$25

MINIMUM FEE

0.18% to 0.28%

TRADING FEES

CDP

STOCK HOLDING TYPE

DBS Vickers Securities

$25

MINIMUM FEE

0.18% to 0.28%

TRADING FEES

CDP

STOCK HOLDING TYPE

Details

DBS Vickers Review 2021

DBS Vickers is DBS' very own online brokerage platform.

Read More about DBS Vickers Securities
Reviews (73)

2.7

73 Reviews

  • 5
    2
  • 4
    18
  • 3
    27
  • 2
    7
  • 1
    19

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    Most HelpfulMost RecentLow to HighHigh to Low
      Updated on 14 May 2021

      Purchased

      DBS Vickers Securities

      The "live" streamed prices on the DBS Vickers website are not accurate and do not reflect the actual market prices. The website is also down more than is acceptable. It happened to me twice already in just over 2 months. You also can't get their customer service when that happens. Good luck to you if you have an urgent trade when that happens.

      1

      Mookie T

      14 May 2021

      Investors Nightmare!! Will DBSv compensate us? I loss 11k becos of the system down unable to sign in and sell my stock!!#%X&

      Post

      Updated on 14 May 2021

      Purchased

      DBS Vickers Securities

      [Commission Rates] fairly high, but if you want stocks to be under CDP account, kind of the market rate for comms [User Interface] very outdated, not user-friendly and the app itself has limited features [Customer Service] service should be much better and reliable compared to other brokerage with cheap comms like Tiger/Moo Moo

      0

      Post

      Updated on 06 May 2021

      Purchased

      DBS Vickers Securities

      [User Interface] Generally complex to navigate, especially for beginners. Features are also quite limited. Additionally, the app UI is outdated and not the most efficient. [Commission Rates] Relatively high in comparison to other brokers, especially when buying overseas stocks. [Market Access] It does offers access to trade in several markets, but not the most cost effective. Sign up took several weeks to process.

      0

      Post

      Updated on 30 Apr 2021

      Purchased

      DBS Vickers Securities

      Commissions are comparable to most brokerages from other banks like OCBC and UOB. They have a cheaper option (Cash Upfront Account) which has a $10 commission but it's only for SGX stocks. User interface is not particularly friendly (Cash Upfront need to buy through the website, cannot use app). But if we were to compare to newer brokerages like Interactive Brokers, Tiger, Moomoo etc, all these offer cheaper alternatives but these are custodian accounts, so if one were to buy SGX stocks on these brokerages, they won't be reflected in your CDP account.

      0

      Post

      Updated on 24 Apr 2021

      Purchased

      DBS Vickers Securities

      Interface is not user friendly until now I still do not know how to use vickers. Buying overseas stock can be expensive. With more competitors coming up, their cash up-front is no longer the cheapest

      0

      Post

    Questions (0)
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      No Question Found.

      Types of services DBS Vickers provides

      DBS Vickers offers a few types of services on their trading platform:

      • Comprehensive stock analysis tools to help screen and compare.
      • Charting capabilities with customisable indicators and display format.
      • GIRO service offers an automatic and convenient way of debiting payment from credit sale proceeds to designated DBS or POSB bank account.
      • Electronic payment for shares (EPS) feature where investor can conveniently pay for their Singapore shares investment at ATMs or through their iBanking account.

      Types of accounts available with DBS Vickers

      DBS Vickers offers various types of account, catered to the different needs of individual investor.

      The types of account DBS Vickers provide are:

      • Cash account (online)
      • Cash upfront account
      • Young Investors account
      • Investing with Central Provident Fund (CPF)
      • Investing with Supplementary Retirement Scheme (SRS)

      Brokerage fees and charges of DBS Vickers

      The fees and charges of DBS Vickers are as follows:

      Online

      • Minimum Commission: S$25
      • Investment of S$50,000 and below: 0.28%
      • Investment of S$50,000 to S$100,000: 0.22%
      • Investment above S$100,000: 0.18%

      By Phone

      • Minimum Commission: S$40
      • Investment of S$50,000 and below: 0.375%
      • Investment of S$50,000 to S$100,000: 0.300%
      • Investment above S$100,000: 0.225%

      Other transaction charges:

      • Clearing fee imposed by CDP: 0.0325%
      • SGX Trading fee: 0.0075%

      Contact DBS Vickers Singapore

      • DBS Vickers hotline: (65) 6327 2288
      • Visit DBS Vickers' website for more information

      Contact us at [email protected]should you require any assistance or spot any inaccuracies.