FSMOne Fundsupermart Reviews and Comparison - Seedly
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FSMOne Fundsupermart

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  • Reviews (102)
  • Questions (12)
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Online Brokerages/FSMOne Fundsupermart
Online Brokerages/FSMOne Fundsupermart

FSMOne Fundsupermart

4.5
102 reviews

USER RATINGS

Customer Support

4.5

User Experience

4.4
Online Brokerages/FSMOne Fundsupermart

FSMOne Fundsupermart

4.5
102 reviews

USER RATINGS

Read reviews

Customer Support

4.5

User Experience

4.4

FSMOne Fundsupermart

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

    FSMOne Fundsupermart

    $10
    TRADING FEES
    0.08%
    MINIMUM FEE
    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 (102)

4.5

102 Reviews

  • 5
    57
  • 4
    37
  • 3
    6
  • 2
    2
  • 1
    0

Read Review About...

commission rate

customer service

user interface

products offer

low commission

user friendly

market access

stock etf

rate lowest

lowest commission

Most Recent

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  • Updated 4w ago

    Purchased

    FSMOne Fundsupermart

    Good! It has regular saving plans that have commission at $1 which is the lower than some other banks that are offering!
    0 comments
    0
  • Updated on 28 Feb 2020

    Purchased

    FSMOne Fundsupermart

    Commissions are one of the lowest in town ($10/trade) - I also realised they consolidate all your trades for the day in a particular stock and charge you the commissions only once. This is useful if you want to sell your positions slowly within a day and avoid paying commissions multiple times. Fund transfers in and out of FSM are super fast!! Sometimes it takes less than 2 hours. You can set up scheduled withdrawals or deposits. Platform is quite refined with a lot of products and services. I personally use them to buy SGX listed ETFs under their RSP. Very affordable rates compared to the competition! I would love to see them opening up the list of ETFs for purchase under RSP (e.g. CLR, LSE-listed ETFs).
    0 comments
    0
  • Updated on 26 Feb 2020

    Purchased

    FSMOne Fundsupermart

    Convenience in funding my trading account via FAST transfers and one of the lowest commissions brokerages around
    0 comments
    0
  • Updated on 21 Feb 2020

    Purchased

    FSMOne Fundsupermart

    [Commission Rates] Commission rates are the lowest for Singapore and HK stocks. You don't need a CDP account, that is a plus too. [Products Offered] There are funds, ETFs, stocks, insurances and Managed Portfolios. They have everything under one roof. [Market Access] The only disadvantage is they do not offer UK market access. Other than that it is great. [User Interface] The interface is great. I like the summary page where they show all your holdings
    0 comments
    0
  • Updated on 22 Jan 2020

    Purchased

    FSMOne Fundsupermart

    [Commission Rates] Very competitive commissions and considered quite low. No custodian charges for overseas stocks or inactivity fees. [Products Offered] Tons of products offered. You can get ETFs, stocks, bonds, unit trusts, some insurance from FSM! [Features] Good screener features, product info fact sheets too. [Market Access] Major markets can be accessed, US, UK, HK, etc. So access wise it is good. [User Interface] Easy to navigate, easy sign up, easy to login. Alot of features but can find everything quickly. [Customer Service] They have a chat bot but their live customer service is good as well. Had an enquiry that was well handled and within the day.
    0 comments
    0
Questions (12)

Recent Activity

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Recent ActivityUnansweredTrending

Regular Shares Savings Plans (RSS/RSP)

FSM One

FSMOne Fundsupermart

DBS Vickers Securities

DBS

Investments

Davin
Davin
Level 7. Grand Master
Answered 3w ago
If you are planning to do DCA for STI ETF, FSMOne and DBS RSP is the lowest cost. DBS RSP do not charge selling fees, but FSMOne does. If the quantum is only $1k, DBS RSP is the cheapest as you do not have to pay selling fees next time.
šŸ‘ 1

DBS Vickers Securities

FSM One

FSMOne Fundsupermart

Investments

STI ETF

Geraldo L.
Geraldo L.
Level 7. Grand Master
Answered 3w ago
This is similar to a recent question posted, you can read my response here: https://seedly.sg/questions/cheapest-way-platform-to-invest-around-1000-for-sti-etf Let me know if you have further questions :)
šŸ‘ 2

ETF

Regular Shares Savings Plans (RSS/RSP)

Investments

Unit Trust

FSMOne Fundsupermart

Online Brokerages

Brokerages

Davin
Davin
Level 7. Grand Master
Answered on 24 Feb 2020
Actually FSMOne is not new. They have lowest transaction fees for RSP but they have some hidden fees like dividend handling fees which I don't like. DBS RSP do not have exposure to other country, OCBC i not so sure. I personally use FSMOne for US ETF, so far so good.
šŸ‘ 0

FSMOne Fundsupermart

Investments

FSM One

Stocks Discussion

Roger Leng
Roger Leng
Level 3. Wonderkid
Updated on 07 Jun 2019
Hi David, I'm Roger from FSMOne.com. We can confirm that there are no custodian fees imposed on stocks bought from foreign markets. Here is the link to the list of charges and fees for respective markets. https://secure.fundsupermart.com/fsm/stocks/ways-to-trade If you have further questions, feel free to drop us a note at [email protected] Cheers! Roger
šŸ‘ 1

FSMOne Fundsupermart

FSM One

Investments

Stocks Discussion

Didi Luo
Didi Luo
Level 2. Rookie
Answered on 06 Feb 2020
Not true for all platforms - For example, DBS charges clients 0.20% or a min. of S$100 per half-year for each foreign shareholding/market. So, if you have stocks in US and HK at any time during the half-year, you will be charged a min. of S$200 per half-yearly. Quite excessive - so, be careful. Better to trade elsewhere if you want to trade foreign stocks.
šŸ‘ 0

Stocks Discussion

FSM INVEST EXPO 2020

FSMOne Fundsupermart

S&P 500 Index

Frankie Aufhauser-Rappaport
Frankie Aufhauser-Rappaport
Top Contributor

Top Contributor (Feb)

Level 8. Wizard
Answered on 01 Feb 2020
The lower 3 mentioned are all o.k. since U.S. Vanguard has a special cooperative corporate structure maybe VOO could be #1 choice. but doesn't matter too much
šŸ‘ 0

FSM INVEST EXPO 2020

Stocks Discussion

FSMOne Fundsupermart

S&P 500 Index

Robo-Advisors

ETF

Shengshi Chiam, CFA
Shengshi Chiam, CFA, Personal Finance Lead at Endowus
Level 6. Master
Answered on 15 Jan 2020
Hold on. Please get the Irish domiciled S&P500 instead. Those have more favourable dividends withholding tax treatment (15% tax instead of 30% tax), for a marginal increment in total expense ratio. You will be looking at VUSD or CSPX for ticker.
šŸ‘ 1

Forex (FX)

Investments

FSMOne Fundsupermart

Um - its unlikely there would be a online platform just to do forex changes - it just isn't lucractive enough as a standalone buisness. You can look into Revolut - they do a card product which you can ignore but they basically provide mid market rates (ie. conceptually unbeatable) Do note there is some monthly limits so depends on your volumes if this makes sense or whether you can space out the exchanges (but you can make the limits go away for a yearly fee)
šŸ‘ 0

Stocks Discussion

Investments

FSMOne Fundsupermart

Asheesh Chanda
Asheesh Chanda, Founder at Kristal.AI
Level 6. Master
Updated on 30 Oct 2019
Equity ETFs (like SPY, QQQ) or Index Funds are typically suitable for a Growth goal and the dividends are relatively small, hence the withholding tax impact should be tiny. A lot of investors do prefer UCITS ETFs, especially when going into Bond ETFs. Feel free to reach out to our advisory desk for more info. Given US-domiciled ETF investments via Kristal.AI are free, it may be worthwhile for you to consider us and test us out. Happy to hear more feedback. Learn more from us here: http://bit.ly/36ci0yF
šŸ‘ 14

Investments

FSMOne Fundsupermart

Hi, the management fee is part of the total expense ratio. For mother funds, they have their own layer of fees, however, for most fund houses, there is usually an internal arrangement that limits or even remove the fees arising from a fund feeding into a mother fund.
šŸ‘ 4
Load more questions

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