DBS Vickers Securities Reviews and Comparison - Seedly
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DBS Vickers Securities

  • Overview
  • Reviews (63)
  • Questions (0)
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Online Brokerages/DBS Vickers Securities
Online Brokerages/DBS Vickers Securities
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USER RATINGS

Customer Support

3.1

User Experience

2.7

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 2020

DBS Vickers is DBS' very own online brokerage platform.

Read More about DBS Vickers Securities
Reviews (63)

2.8

63 Reviews

  • 5
    2
  • 4
    18
  • 3
    23
  • 2
    5
  • 1
    15

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  • Updated 4w ago

    Purchased

    DBS Vickers Securities

    [Customer Service]every time i call it seems like the person don't sound professional, they use speaker phone or sound no energy. one time i call, a guy answered and he seems like in the toilet and i hear flushing sound then the call was cut off. I made another call and the cs don't know about transfer share from iwealth trading platform to vickers. keep telling me other things. Need to buck up. They need to be more professional.

    0

    Post
  • Updated on 17 Oct 2020

    Purchased

    DBS Vickers Securities

    DBS Vickers is an adequate platform for buying SG listed stocks under CDP with its Cash Upfront fees. Local brokerage platforms have much to learn and develop as compared to overseas platforms in terms of User Interface and User Experience. DBS Vickers is not very student-friendly as I was given a terrible initial buy and sell limit on the platform. Features are also limited as compared to other international brokerages. Fees are also an issue as SG brokerages have been benefitting from the high commissions it has been charging over the years.

    0

    Post
  • Updated on 12 Oct 2020

    Purchased

    DBS Vickers Securities

    [User Interface] The app is not user-friendly (they should design it so that it is simpler for user to look at) and also laggy. [Features] Cash Up front is cheap compared to other brokerages. However, it will be good if they offer more cheaper price or fees for students like us to buy/learn stocks.

    0

    Post
  • Updated on 09 Oct 2020

    Purchased

    DBS Vickers Securities

    [Commission Rates] Very poor for US markets, very expensive plus has holding fees, many other better options like TD Ameritrade or Saxo Markets May be better for Local market [Products Offered] Would be better if it had options [User Interface] Not much to offer, had better experience on other brokers

    0

    Post
  • Updated on 26 Sep 2020

    Purchased

    DBS Vickers Securities

    [Commission Rates] Very expensive [Others] Not user friendly. [Features] Such an lousy brokerage that charge so expensive. Ridiculous. Would never recommend DBS Vickers to anybody.

    0

    Post
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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