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DBS Vickers Securities

  • Key Features
  • Reviews (88)
  • Discussions (0)
  • More Details
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Summary

DBS Vickers

DBS Vickers is DBS' very own online brokerage platform.

Brokerage Features & Details

1) Key Features

  • Trade in 7 international markets
  • Backed by DBS
  • Trade conveniently and on-the-go through DBS Vickers app, which is available on iPhone, iPad, and Andriod phones 

2) Commission Fees

SG Stocks & ETFs
  • Ordering online
    -  S$50,000 and below: 0.28%
    - S$50,000 – S$100,000: 0.22%
    - Above S$100,000: 0.18%
  • Ordering by phone
    - S$50,000 and below: 0.375%
    - S$50,000 – S$100,000: 0.300%
    - Above S$100,000: 0.225%
US Stocks & ETFs
  • Ordering online
    - US$30,000 and below: 0.28%
    - US$30,000 – US$60,000: 0.22%
    - Above US$60,000: 0.18%
  • Ordering by phone
    - US$30,000 and below: 0.375%
    - US$30,000 – US$60,000: 0.300%
    - Above US$60,000: 0.225%

3) Other Fees

  • Clearing fee: 0.0325%
  • SGX trading fee: 0.0075%
  • SGX settlement instruction fee: S$0.35
  • Maintenance fee: S$0

4) Account Opening

  • Minimum age: 18 years old
  • Account opening fee: S$0
  • Payment & deposit methods: DBS/POSB iBanking
  • Minimum investment required: S$0

5) Products Offered 

  • Stocks
  • Shares
  • ETFs
  • REITs
  • Daily Leverage Certificates
  • Structured Warrants
  • Global Depository
...see more

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Summary

DBS Vickers

DBS Vickers is DBS' very own online brokerage platform.

Brokerage Features & Details

1) Key Features

  • Trade in 7 international markets
  • Backed by DBS
  • Trade conveniently and on-the-go through DBS Vickers app, which is available on iPhone, iPad, and Andriod phones 

2) Commission Fees

SG Stocks & ETFs
  • Ordering online
    -  S$50,000 and below: 0.28%
    - S$50,000 – S$100,000: 0.22%
    - Above S$100,000: 0.18%
  • Ordering by phone
    - S$50,000 and below: 0.375%
    - S$50,000 – S$100,000: 0.300%
    - Above S$100,000: 0.225%
US Stocks & ETFs
  • Ordering online
    - US$30,000 and below: 0.28%
    - US$30,000 – US$60,000: 0.22%
    - Above US$60,000: 0.18%
  • Ordering by phone
    - US$30,000 and below: 0.375%
    - US$30,000 – US$60,000: 0.300%
    - Above US$60,000: 0.225%

3) Other Fees

  • Clearing fee: 0.0325%
  • SGX trading fee: 0.0075%
  • SGX settlement instruction fee: S$0.35
  • Maintenance fee: S$0

4) Account Opening

  • Minimum age: 18 years old
  • Account opening fee: S$0
  • Payment & deposit methods: DBS/POSB iBanking
  • Minimum investment required: S$0

5) Products Offered 

  • Stocks
  • Shares
  • ETFs
  • REITs
  • Daily Leverage Certificates
  • Structured Warrants
  • Global Depository
...see more

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

Reviews (88)

2.8

88 Reviews

5
3
4
23
3
32
2
10
1
20

Service Rating

Customer Support

3.2

User Experience

2.7

      Posted 06 Sep 2021

      Purchased

      DBS Vickers Securities

      My first broker:) CDP linked [Commission Rates] Tip: if you wanna cut cost (25 sgd), consider the cash upfront option, which costs only $10. But this option is for BUY only, and selling via this platform would cost $25. Ca read up on how to deal with it

      0

      What are your thoughts?

      30 Jun 2020

      Purchased

      DBS Vickers Securities

      [Commission Rates] Cheapest brokerage for stocks to be transferred to CDP using DBS Vickers Cash Upfront. There's no waiting time for funds to be credited as it uses multi-currency bank account as the holding account for funds. However, DBS Vickers Cash Upfront is only available via IBanking so it isnt really convenient buying on your phone using your web browser.

      0

      What are your thoughts?

      15 Jun 2020

      Purchased

      DBS Vickers Securities

      The customer service officers were all very friendly and knowledgeable when I called in multiple times to reach out to them to answer my doubts. The waiting time is very reasonable as long as you have the patience. My experiences with them has always been pleasant and i do not feel worried reaching out to them.

      0

      What are your thoughts?

      Posted 11 May 2022

      Purchased

      DBS Vickers Securities

      great transaction fee at only $10 for the dbs vickers cash upfront account. however pls make the interface more intuitive.

      0

      What are your thoughts?

      Posted 05 Nov 2021

      Purchased

      DBS Vickers Securities

      [Commission Rates] Definitely higher cause you own your stock. What else could you said? =) [User Interface] Not the best in app, hopefully the latest upgrade will be a hit. [Others] My thought is suitable for long term dividend stock holders. E.g- Reits.

      0

      What are your thoughts?

      Posted 24 Sep 2021

      Purchased

      DBS Vickers Securities

      I used DBS Vickers since 2019 as it had the most competitive rates for trading of SGX-listed stocks into CDP account and not a custodian account. The platform is easy to understand and signup process is straightforward. While the rates are not as competitive as many other custodian-only platforms nowadays, it is still a viable option if you prefer the comfort of having stocks in your CDP account.

      0

      What are your thoughts?

      12 Jul 2021

      Purchased

      DBS Vickers Securities

      Used it to purchase SG stocks once. Platform seem quite outdated and not user friendly. Other than that, there are no major issues.

      0

      What are your thoughts?

      05 Jul 2021

      Purchased

      DBS Vickers Securities

      Everything is good but the fees. Just go elsewhere. Invest wisely. Oh wait. The RSP deserves special mention. Its good cause they have alot of promos on commision fee trading.

      0

      What are your thoughts?

      25 Aug 2020

      Purchased

      DBS Vickers Securities

      I am a user of both UOB Kay Hian and DBS Vickers. For Vickers, I do not have to transfer money to the brokerage house as they automatically deduct from my account. The rates and UI are also better than UOB's.

      0

      What are your thoughts?

      08 Jul 2020

      Purchased

      DBS Vickers Securities

      [Commission Rates] commission rates are low for cash upfront if you want the holdings to be in CDP. recommended if want to hold stocks for long, but not to trade as the fees are higher than other platforms [Customer Service] The application took quite long, guess is due to huge number of applications during this period and maybe lesser people working. [User Interface] Interface still not too bad. Still able to navigate around. Would be better if their phone app is good...

      0

      What are your thoughts?

    Discussions (0)

      No Posts Found.

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      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.