FSMOne Fundsupermart

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Pinned by iFast Singapore

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  JK

  Level 7

  28 Jun 2021

  Purchased

  FSMOne Fundsupermart

  [Features] I just recently signed-up after reading a lot of good reviews about the platform. So signing-up is very easy, you can use MyInfo or just manually fill-up, either way--it's no hassle. My account was activated within a day. Their website is filled with tons of information, insights, recommendation and news that are very helpful in your investment journey. [User Interface] [Features] The phone app feels old-school to me ..but hey it's very functional so no complain at all. I am still familiarising myself with the whole thing though. :D I also tried contacting Customer Support via chat to ask some questions, I think I waited for a minute or two and that's it. [Commission Rates] Depositing funds is very easy & instant using FAST. I signed up for ETF RSP and Unit Trust. I believe that they have the most decent fee for RSP (cash-buy only) for ETF & UTs at 0.08% or min SGD1/USD1. If you're buying & holding for long-term, then the buying or selling fees will just be negligible later on. Whilst if you buy UT, there is no buy/ sell charge though there is quarterly platform charge at 0.05-0.0875%. [Others] I believe that they still have ongoing promotions of 0% processing fee for ETF RSP--which is definitely a good offer! Will probably update again after a few months with regards to investment returns, selling and/ or withdrawal.

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  Samuel

  Level 5

  Posted 4d ago

  Purchased

  FSMOne Fundsupermart

  [User Interface] Really clean and easy to navigate around. It takes some getting used to but after awhile everything will click. [Customer Service] When I had a problem and contact their CS, they were very prompt and quick to rectify my issue. Very good attitude and I didn't have to wait on the line at all [Market Access] Able to access US, HK and SG markets easily. [Commission Rates] They recently dropped their rates but it's not as competitive as the rest of what the market has to offer. But because I don't trade that frequently it doesn't bother me that much

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  Eunice Tan

  Level 5

  Posted 24d ago

  Purchased

  FSMOne Fundsupermart

  The interface is not as seemingly as compared to other roboadvisors platform but there is a wide selection of funds and ETF. Overall, not bad.

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  Chrysan Lim

  Level 5

  Posted 24d ago

  Purchased

  FSMOne Fundsupermart

  This is my first ever brokerage application! I initially use this app to purchase stocks! For beginners, the UI/UX of the website is quite a bit of a learning curve. You have to spend some time navigating it and exploring such that it gets intuitive after some time. The commission fee is pretty high as compared to other brokers such as Tiger / Moomoo. If you're looking to use FSMOne account, one of its advantage is that it offers the lowest buying fees of $1 for Singapore ETFs compared to other banks. It is also a great brokerage in providing investors' information such as detailed reports on companies, etc. It also frequently organises webinars with industry experts, ranging from basic investing tips to sector related issues. I guess that is what you are paying for with the high commission rate. Other than these purposes, I have since deposited my funds in other brokers.

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  Stranger Tengs

  Level 6

  Posted 24d ago

  Purchased

  FSMOne Fundsupermart

  I use FSMOne Fundsupermart primarily for their RSP offerings, which I was rather impressed with. They offer a wide variety of ETFs for DCA purposes at very competitive rates. The signup process was also straightforward and quick.

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