FSMOne Fundsupermart Reviews and Comparison - Seedly
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FSMOne Fundsupermart

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  • Reviews (143)
  • Questions (0)
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Online Brokerages/FSMOne Fundsupermart
Online Brokerages/FSMOne Fundsupermart

FSMOne Fundsupermart

4.4
143 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 Fundsupermart Review 2020

FSM One is an online brokerage platform founded by Fundsupermart in 2000. FSM One offers various types of account, catered to the different needs of the individual investor, from young investors to cash and multi-sweep account. With FSMOne, you can trade Stocks, REITs, ETFs, Bonds, Funds

Read More about FSMOne Fundsupermart
Reviews (143)

4.4

143 Reviews

  • 5
    78
  • 4
    48
  • 3
    12
  • 2
    3
  • 1
    2

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  • Updated 1d ago

    Purchased

    FSMOne Fundsupermart

    Their app is easy on the eye and easy to use. They have many selection of stocks and funds to buy from and their commission is cheap, which kind of lure me from POEMS. However, they have 1 issue which I don't understand. FSM have RSP but only for selected funds or ETFs which I find it weird. I trying to RSP VOOG but instead there is only a few limited vanguard funds which I can RSP into. POEMS can RSP into anything, even on a quarterly basis. Hopefully, they will look into my comment and available a larger selection. Cmon, this is suppose to be a simple function!!
    0 comments
    0
  • Updated 2d ago

    Purchased

    FSMOne Fundsupermart

    Started with FSMOne as I initially wanted to DCA into STI ETF via a RSP. Signing up process was pretty simple and straightforward. [Commission Rates] For RSPs, fees are 0.08%/$1 (whichever is higher) for each buy transaction. [User Interface] UI recently revamped and I really enjoy it now. Easy to navigate and look for information. [Market Access] SGX, HKSE, NYSE. [Products Offered] Stocks, ETFs, Unit Trusts, etc., a huge range of products. [Customer Service] Customer service response time via email was not exactly very fast but still acceptable.
    0 comments
    0
  • Updated 2d ago

    Purchased

    FSMOne Fundsupermart

    Started out using FSMone as a recommendation from a friend and also because of its low fees. For someone seeking a DIY platform with very comprehensive tools, features and research provided, I would highly recommend FSMone. They come along with a mobile app and the website that is easy to access. One thing that annoys me a little is their cash and auto-sweep account. It's a little troublesome when you exit positions and are holding cash in foreign currencies. Also, transferring between accounts take a few business days. Nonetheless, it's something small that shouldn't cause much issues!
    0 comments
    1
  • Updated 3d ago

    Purchased

    FSMOne Fundsupermart

    I've been using the FSMone platform for quite awhile now and it's really an easy to use platform for investors who're looking for a low cost and DIY option! The entire process of setting up an account and funding it as well as investing in a stock has been relatively easy!
    2 comments
    0
    Jin

    2d ago

    Dear YM, FSMone has no custodian fee and holding fee? Prefunded or cash account? Thanks. Jin
    YM

    2d ago

    Hey there, there's no custodian fee and holding fee as far as I know. It's prefunded with cash upfront. However the transaction fees are 0.08% or min SGD$10 for stocks on SGX. You can find out more here: https://secure.fundsupermart.com/fsm/new-to-fsm/pricing-structure
  • Updated 4d ago

    Purchased

    FSMOne Fundsupermart

    I sold my SG stock from CDP in FSMOne on 3 Jun (Wed). It was a breeze. I was charged a total of $11 for the transaction and saw the money in the cash account on Fri. I haven't try to withdraw it yet. Interface is easy to use. If you're stuck, you can always refer to the FAQs. It's like a super instruction manual. I never sell a stock before until I had to. I prefer to buy and hold. But I had enough drama with this stock. It forced my hand to sell it. So if a beginner like me who can do it with the FAQs, I'm sure anyone can too. Just read the instructions very carefully will do. As for customer service, I haven't encounter any CSO but I attended iFAST Corp pre-AGM and AGM (not a shareholder, just someone who is curious - they open registration to customers who were keen to attend). I was totally amazed by the patience and conviction of their CEO and his team in answering the plethora of questions for 1h30mins each time! ūüĎć It's no easy feat. Some shareholders questions can be quite challenging.
    0 comments
    4
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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 - Cash Upfront, 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