FSMOne web platform

[uncle168]

https://www.8securities.com/

this one is no commission coming soon

 

[Sinkie]

wah... can play hk stock market. 9 dollars! Anywhere cheaper?

Actually your kimeng or Dbsv or cimb, their hk market min is also $50hkd leh

 

[bakbear]

Dun buy ETF from them ..

Per annum platform fee already 0.0875% × 4 = 0.35% .. Crazy it is almost the same total expense ratio for ETF

Think its good for shares, not good for ETF.

 

[uncle168]

the best is to have fixed commission of $8.88 per trade no matter the size

but must deposit at least 20% in cash into account before execute the trade

the shares is in the name of the trader cdp account

it would be full internet brokerage

if the shares not in your name a lot of problem in the future if something goes wrong

 

[uncle168]

the risk of buying shares not under your name is the brokerage can do anything with the shares without your knowledge

by the time you find out all your shares are gone

its too late

keekeekee

 

[HerbalTeaSeller]

the best is to have fixed commission of $8.88 per trade no matter the size

but must deposit at least 20% in cash into account before execute the trade

the shares is in the name of the trader cdp account

it would be full internet brokerage

if the shares not in your name a lot of problem in the future if something goes wrong

now still early, dun drink too much alcohol.

 

[uncle168]

a lot of reits list in singapore because DPU is tax free if payout more than 90% of earnings

while singapore stock dividend is also tax free, the earnings is taxable

in order to encourage more good companies to list in singapore, there must be tax incentive or soon sgx can close shop liao

the problem was never about the amount of brokerage, it is the liquidity of the market that attract traders

i rather sgx has 100 stocks listed with high liquidity than have 800 stocks listed with no liquidity

now most of the stock listed is reits which people buy and keep hence low liquidity

hence sgx must use tax incentive to attract global listing to develop singapore as a trading hub

i propose a 50% cut in corporate tax for 5 years for global mncs that list their singapore subsidiary on sgx with a market cap of at least S$1b subject to review on trading liquidity on extension of tax incentive every 5 years

 

[uncle168]

you don't laugh at uncle

mf global is one good example

" MF Global experienced a meltdown of its financial condition, caused by improper transfers of over $891 million from customer accounts to a MF broker-dealer account to cover losses created by trading losses."

if scb or ifast up lorry

your shares will be stuck for a long time and u cry father cry mother also no use

nobody will chap u

 

[uncle168]

your share script with cdp is the safest nobody can touch

your cpfis is with cpf appointed banks like dbs, ocbc and uob which is also quite safe

but the rest is quite risky as you don't know what they are doing with your shares behind your back

 

[uncle168]

a stock exchange with high liquidity can create many jobs in the financial sectors and increase demand for office buildings

fintech is not enough as there isn't an underlying stock market to support the technology

you have so many apps but the liquidity is so low you fall asleep looking at the app

 

[Asphodeli]

https://www.lepakinvestor.net/2016/12/fsmone-new-trading-platform-from-ifast/

A blogger reviewed the platform...

Sent from Sony E6533 using GAGT

 

[limster]

https://www.lepakinvestor.net/2016/12/fsmone-new-trading-platform-from-ifast/

A blogger reviewed the platform...

Transfer fees are waived for now too, so I plan to transfer one or two securities in to test their system out.

I find it hard to believe that he is going to transfer shares into FSM and pay platform fees for the shares?

 

[Asphodeli]

I find it hard to believe that he is going to transfer shares into FSM and pay platform fees for the shares?

no charge for stocks what?

 

[limster]

no charge for stocks what?

sorry, must have misunderstood the platform fee. Good to hear no platform fee for stocks.

 

[Pocoyoz]

 

[kannis_ng]

Bookmark bookmark

Dufug is this

Mcd now 120

Dividend 5%

不要

 

[Asphodeli]

SAGA LAI LIAO

 

[Mancunian2]

undercut competitors sure dulan

anyway, dont need live feed lah
SCB also no live feed, been using for 5 years liao

 

[Asphodeli]

isn't it illegal or something? can FSM complain to MAS? fine OCBC gao gao...sibeh lau kui sia, thought OCBC support fintech one? what a joke of a bank.

 

[anfielder]

isn't it illegal or something? can FSM complain to MAS? fine OCBC gao gao...sibeh lau kui sia, thought OCBC support fintech one? what a joke of a bank.

and how do you know this isn't FSM's own fault?