FSMOne Fundsupermart Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

FSMOne Fundsupermart

  • Overview
  • Reviews (137)
  • Questions (0)
  • More Details
Online Brokerages/FSMOne Fundsupermart
Online Brokerages/FSMOne Fundsupermart

FSMOne Fundsupermart

4.4
137 reviews

USER RATINGS

Customer Support

4.4

User Experience

4.4

FSMOne Fundsupermart

$10
MINIMUM FEE
0.08%
TRADING FEES
Custodian
STOCK HOLDING TYPE

    FSMOne Fundsupermart

    $10
    MINIMUM FEE
    0.08%
    TRADING FEES
    Custodian
    STOCK HOLDING TYPE

Details

FSM One is an online brokerage platform founded by Fundsupermart in 2000.

Types of account available with FSMOne Fundsupermart

FSM One offers various types of account, catered to the different needs of individual investor.

The types of account FSM One provide are:

  • Basic Trading (Cash) Accounts - MultiCurrency and Auto-Sweep
  • Corporate Account
  • Young Investors Programme

Read More about FSMOne Fundsupermart
Reviews (137)

4.4

137 Reviews

  • 5
    76
  • 4
    44
  • 3
    12
  • 2
    3
  • 1
    2

Read Review About...

Most HelpfulMost RecentLow to HighHigh to Low
  • Updated 4d ago

    Purchased

    FSMOne Fundsupermart

    [Commission Rates] Low commission rate of 0.88% is very attractive (though there are many new competitors these days; IB, Tiger Brokers). [Customer Service] I personally can testify to the fast PayNow transfer (probably took only 15-20 minutes for the funds to reflect on my account). [Products Offered] I like FSM's Auto-Sweep account where they offer about 1% interest that I can potentially earn on my remaining cash that was in the account, which was not invested yet.
    0 comments
    0
  • Updated 4d ago

    Purchased

    FSMOne Fundsupermart

    [User Interface] The app is user-friendly and easy to navigate. Doesn't take much time to learn how to use it. [Features] Cash waiting to be deployed can be parked in the auto-sweep account to earn higher interest (0.9% p.a. as of now) than the banks. FSMOne is an established brokerage so I don't have to worry about its credibility. [Market Access] Has access to SG, HK and US markets. No access to the China market as of now. Hopefully, they will introduce this service too. [Commission Rates] 0.08% for SG, HK and US markets is pretty good. [Custody Fees] There are no custody fees for SGX-listed, HKEX-listed and US-listed Stocks and ETFs. This is great compared to other brokerages. [Types of Orders] Only the limit order is available. Advanced market orders like stop-loss, limit-if-touched, etc., are not available as of now. This is ok for long-term investors but it puts traders at a disadvantage. [Customer Service] I asked the Customer Service Officer if they're going to introduce advanced market orders and he/she said that it's in the pipelines.
    0 comments
    0
  • Updated 4d ago

    Purchased

    FSMOne Fundsupermart

    [User Interface] I have been using this platform for my investments for about 10 years. as the website is user friendly and easy to use and navigate. [Commission Rates] Low rates of around quarter per cent but generally less than 1% [Customer Service] Very good as whenever I have issues, my calls are answered promptly and issues settled quickly.
    0 comments
    0
  • Updated 4d ago

    Purchased

    FSMOne Fundsupermart

    [User Interface] Platform is easy to navigate and easy on the eye [Market Access] Wide market access available to beginners or even seasoned investors [Products Offered] Wide range of products from Holding Account, Money Market, Unit Trust, ETF, Equities Overall, FSMOne is a great platform for investors
    0 comments
    0
  • Updated 2w ago
    [Updated on 4 July 2020] I'm still a happy client of FSMOne. Customer service is top-notch as usual. I also like how they have been improving their service by adding features such as the auto-sweep (which I'm using to get some extra interest). [Original on 19 Oct 2019] I've been using FSMOne to buy US and HK shares since January 2018. I've been a happy client so far. Cheap commissions and great customer service are what set FSMOne apart. I also like that I can do quick fund transfers into their local bank account and once that goes through, I can instantly convert currencies from SGD to USD/HKD. However, I've got my reservations when it comes to buying Singapore-listed stocks as they will not be parked under CDP, but under their custodian account. Having said that, I sell my Singapore stocks through FSMOne to enjoy the lower commissions. FSMOne allows selling from CDP. Overall, I would recommend people to use FSMOne as their broker.
    0 comments
    1
Questions (0)
Recent ActivityUnansweredTrending
No questions found.

Types of services FSMOne Fundsupermart provides

FSM One offers a few types of services on their trading platform.

  • Competitive low commission charges
  • Permanent 0% sales charge on all funds and managed portfolios for all clients
  • FSM Managed Portfolios (MAPS) backed by experienced portfolio managers and research analysts.
  • GIRO service offers an automatic and convenient way of debiting payment from credit sale proceeds to designated bank account.
  • Robo-advisory portfolio services

Types of account available with FSMOne Fundsupermart

FSM One offers various types of account, catered to the different needs of individual investor.

The types of account FSM One provide are:

  • Basic Trading (Cash) Accounts - MultiCurrency and Auto-Sweep
  • Corporate Account
  • Young Investors Programme

Brokerage fees and charges of FSMOne

The fees and charges of FSM One are as follows:

Online

  • Minimum Commission: S$10
  • Investment of S$50,000 and below: 0.08%
  • Investment of S$50,000 to S$100,000: 0.08%
  • Investment above S$100,000: 0.08%

Other transaction charges:

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

Contact FSMOne