waxqube
Member
- Joined
- Jun 16, 2006
- Messages
- 406
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how fast does it take to tx in the stocks from cdp to ifast?
purpose is to sell.
No need to transfer la. Just need to link to CDP and can sell directly.
how fast does it take to tx in the stocks from cdp to ifast?
purpose is to sell.
No need to transfer la. Just need to link to CDP and can sell directly.
iFast?
Don't believe in a Company that changes their charges unilaterally as they deem fit and trying to milk their old customers.
Once bitten twice shy, I won't give them any more business!
Management Fee (per annum)
MAPS My Assisted Portfolio Solution (Robo-Advisory Portfolios)
Conservative Portfolio
0.35% per annum
All Other Portfolios
0.50% per annum
Anyone know what is this management fee? (https://secure.fundsupermart.com/fsm/new-to-fsm/pricing-structure)
I'm trying to make use of the $10 promo to get sti etfs ... any other charges that I should know of other than sgx and cdp charges?
The management fee I believe is only if you subscribe to their robo-advisor plan (i.e. they manage/invest your funds for you). If you're trading yourself there's no management fee.
No other charges other than trading fee 0.0325% and clearing fee 0.0075% (charged by SGX) plus 7% GST.
Thanks Kiljaeden ... the 7% GST is on the fees right, not the invested amount!!? Sorry I'm new ...
Yep... example:
contract value = $1,000 for 1,000 shares of a counter @ $1.00 each
broker's comm = $25.00 + GST $1.75
clearing fee = $0.33 + GST $0.02
trading fee = $0.08 + GST $0.01
total cost of purchase = $1,027.18 <-- the final amount paid to broker.
Hi ,
Can i say it is more profit to me to buy shares via DBS Vickers , only 10 SGD commision (with 5 sgd rebate) = 5 SGD and later sell via FSM One = 10 SGD
Considering you can sell your stock in CDP via FSMOne account ?
Is my understanding correct ?
Sure you can, as long as the stock is held in your CDP and not custodian (held by the broker you bought from). Do check and confirm with the brokers first!