Fsmone platform very messy. Still waiting for my account to be approved to setup rsp.
RSP approval is a 3 step process after pressing the Apply RSP button.
I go to my RSP page after this, it says that RSP is active.
but after you activate the RSP, in future, if you want to edit the RSP, the page for editing RSP is not easy to find.
It was pretty easy for me to edit. I go to the RSP plan and the edit buttons are all over each counter. I have so far made three chnages and every time it is very easy.
wish the list of active RSP was listed in the main account page rather than needing us to click to a separate page, but still agree easy to find once found...this platform can buy US shares? better than SAXO & TD?
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Which date u guys transfer funds in for rsp?
Which date u guys transfer funds in for rsp?
How is the USD.SGD forex rate for FSMOne platform e.g. to fund USD Cash Account for ETF RSP of US-domiciled ETFs?
Also is the ETF RSP effective shortly after ETF RSP application or does one require to get an e-mail from FSMOne? I only received an e-mail that the application was received. Currently, I see a status of "Active" - does this mean that the deduction will be done on the 8 Feb 2020?
On your RSP page, you scroll down can see the active RSP and the "next top up date" next to the "active" field...
For USD, I paynow SGD to FSM and convert it to USD...
Do you need to do the conversion yourself or the platform does it for you automatically?
Do you need to do the conversion yourself or the platform does it for you automatically?
You can let FSM to do the conversion automatically.
I never sign up for the recurring Cash Top Up Plan as I rather transfer the amount that I need via PayNow...Also I prefer to control the exchange rate that I'm getting...
Did you do the Cash top up plan? Must we mail the DDA form physically??Some people want the automation.
And if you are going long term and doing a DCA, it is recommended to just do a fixed day conversion and ignore timing for the best exchange rate.
The same like you ignore the "best" price to purchase monthly. Just execute on a fixed day.
Just my 2 cents.
Did you do the Cash top up plan? Must we mail the DDA form physically??
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