FSMOne web platform

[ShellFish]

How are the Platform fee like compare to standard chartered?

 

[Asphodeli]

Seems like they revamped their pricing...now only bonds and UT they will charge platform fee.

 

[limster]

I'm not so familiar with the interface, where do i find the SG:HK$ exchange rate on the FSM website? definitely interested in their HK-listed ETFs, especially the Vanguard Europe and Vanguard Asia ETF


just need to confirm that exchange+commission, that FSMOne will be cheaper than SCB.

Don't want a situation of FSMOne having better commission at 0.08%, but they eat forex spread, end up cost more than SCB.

 

[occifer]

Yah now you know right? Its all an oligopoly

Sent from Sony E6533 using GAGT

My thinkorswim charge 5 bucks for stock trades. IB is even lower I hear. And these are trades on USA exchange which are far bigger and far more established than sgx.

Sinkieland is a joke when it comes to innovation and proper competition at times. Some things seem to be controlled.

 

[limster]

Ok, good to know that FSM exchange rate is better than SCB. I already have an FSM account, so maybe now good time to start funding it with HKD

US$
SCB Buy US$1,000 cost: $$1,321.21
FSM Buy US$1,000 cost: S$1,318.40


HKD
SCB Buy HK$10,000 cost S$1,686.05
FSM Buy HK$10,000 cost S$1,668.03

 

[laurent_rio]

May i ask for FSM buy and sell is same 10$ commision ? and the stock will be transferred to CDP ?

 

[akdwivedi]

FSMOne.com – The #1 Place to Trade SGX/HKEX Stocks with New 0.08% Commission Rate

Is anyone trading with them provide a view. They mentioned that even for USD trades the commission is 0.08% with a minimum of $10 per trade.

https://secure.fundsupermart.com/fs...sgx-hkex-stocks-with-new-0-08-commission-rate

 

[yamakazi51]

$10 per trade is expensive

 

[commach]

Threads of the same topic merged.

 

[Han Shot First]

Is anyone trading with them provide a view. They mentioned that even for USD trades the commission is 0.08% with a minimum of $10 per trade.

FSMOne commission rates on the US exchanges (for stocks and ETFs) remain at 0.08%, subject to minimum of US$8.80.

 

[limster]

FSMOne commission rates on the US exchanges (for stocks and ETFs) remain at 0.08%, subject to minimum of US$8.80.

Do note the dividend handling fee for US stocks.

For HK stocks no dividend handling fee, min comm of HK50 is also lower than SGX and USA stocks.

 

[littleredboy]

seems like now manually buy ETF RSP is better on FSMone? 0% fees? Dollardex can do auto reinvest, but lesser products available.

 

[limster]

seems like now manually buy ETF RSP is better on FSMone? 0% fees? Dollardex can do auto reinvest, but lesser products available.

If you read this thread, the comm for shares/ETF is clearly stated as 0.08% subject to a minimum comm. Please don't mislead people by saying its 0% If 0% how is FSM going to make money?

 

[littleredboy]

If you read this thread, the comm for shares/ETF is clearly stated as 0.08% subject to a minimum comm. Please don't mislead people by saying its 0% If 0% how is FSM going to make money?

sorry! should be 0% platform fees.

 

[foozgarden]

Is this currently the cheapest for selling cdp stocks?
0.08%

 

[Freezy]

Currently using pre-funded vickers account for trading. Buying is $10 and the selling is $25 commision.

With FSMone pre-funded the buying and selling is only $10?
Can someone confirm? Thanks.

 

[lkhwee]

Currently using pre-funded vickers account for trading. Buying is $10 and the selling is $25 commision.

With FSMone pre-funded the buying and selling is only $10?
Can someone confirm? Thanks.

Yes, it is 0.08% with min $10. So if you buy lesser than $12500, it is flat rate $10

 

[lkhwee]

Ok, good to know that FSM exchange rate is better than SCB. I already have an FSM account, so maybe now good time to start funding it with HKD

US$
SCB Buy US$1,000 cost: $$1,321.21
FSM Buy US$1,000 cost: S$1,318.40


HKD
SCB Buy HK$10,000 cost S$1,686.05
FSM Buy HK$10,000 cost S$1,668.03

So you mean FSM give better exchange rate?

 

[revhappy]

https://secure.fundsupermart.com/fs...hen-you-invest-in-our-new-2019-etf-focus-list

3 free trades for select ETFs

 

[koreanlover]

Yes, it is 0.08% with min $10. So if you buy lesser than $12500, it is flat rate $10

If I buy using Vickers cash upfront, shares go into CDP.
If I buy in FSMOne, it goes into custodian account right?