FSMOne web platform

[highsulphur]

thanks

glad to have someone confirmed that the $10 is true.

i know this may have been asked before

but i dont see it in the past 11 pages..

by right transaction fees should be $10 + (0.04% of investment amount) for each SGX buy/sell.

//0.04% being the total of SGX clearing fees of 0.0325% and trading fees of 0.0075%.

i'm seeing various fee totals > $10 + 0.049%, $10 + 0.051%, $10 + 0.053%, $10 + 0.055% for my past transactions.

I think there's gst on the sgx fees too

 

[tulipkiss]

I think there's gst on the sgx fees too

ohh, ya forgot about gst. on both $10 and the sgx fees. thanks, all tally now!

 

[dumbothecute]

I read that Fsm is scb. If I transfer the money I receive from selling my stock to my UOB bank, would I be charged for the transfer?

Scb like not local bank ...

How come I buy using ocbc securities, the dividend goes to my UOB account

 

[reddevil0728]

I read that Fsm is scb. If I transfer the money I receive from selling my stock to my UOB bank, would I be charged for the transfer?

Scb like not local bank ...

How come I buy using ocbc securities, the dividend goes to my UOB account

FSM is SCB???

Because what you bought with ocbc securities goes into CDP. And your CDP you linked it to your uob account. You can always change which bank account you want to link your CDP to.

 

[dumbothecute]

I mean the cash account is with SCB

https://secure.fundsupermart.com/fsm/advice-services/faq/9021/

Did I uds incorrectly?

FSM is SCB???

Because what you bought with ocbc securities goes into CDP. And your CDP you linked it to your uob account. You can always change which bank account you want to link your CDP to.

 

[reddevil0728]

I mean the cash account is with SCB

https://secure.fundsupermart.com/fsm/advice-services/faq/9021/

Did I uds incorrectly?

Basically they open a bank account with SCB for customers to deposit money inside.

A company opening a bank account with a bank doesn’t make that company become the bank ma.

 

[wutawa]

I read that Fsm is scb. If I transfer the money I receive from selling my stock to my UOB bank, would I be charged for the transfer?

Scb like not local bank ...

U have been trolled.

If u fast transfer sgd, it is free. It will be more complicated if u transfer usd.

 

[dumbothecute]

I haven't open yet. Just asking in advance. Thanks to both for answering

I intend to buy with vickers, sell with Fsm. Can right?

U have been trolled.

If u fast transfer sgd, it is free. It will be more complicated if u transfer usd.

My bad. I wasn't clear in my question

Basically they open a bank account with SCB for customers to deposit money inside.

A company opening a bank account with a bank doesn’t make that company become the bank ma.

 

[limster]

..

How come I buy using ocbc securities, the dividend goes to my UOB account

 

[wolverine23]

how to become sliver?

 

[LetHerGo]

I try to link my CDP account with FSM but got rejected cos signature is different from my CDP record. How to see what is my signature like in CDP? Currently my CDP is linked to DBS vickers. Thanks.

 

[reddevil0728]

I try to link my CDP account with FSM but got rejected cos signature is different from my CDP record. How to see what is my signature like in CDP? Currently my CDP is linked to DBS vickers. Thanks.

Check with CDP. Not sure if they can tell you how it looks like. They may require you to re-sign.

 

[peppermint7]

I try to link my CDP account with FSM but got rejected cos signature is different from my CDP record. How to see what is my signature like in CDP? Currently my CDP is linked to DBS vickers. Thanks.

I also encountered the same previously. Ended up I went to their (CDP) office to do a signature change. Sign some forms on the spot and get it done

 

[highsulphur]

how to become sliver?

Buy 100k worth of stuff through them

 

[goldnut]

Made my first trade with FSMone buying VT. Very smooth experience overall. Only minor nitpick was the fund transfer from bank to cash account which they listed as 'almost instantaneously' while in another section it's stated as 'up to 30 mins'. Eh, whatever, cash is in and trade is made

Lots of faqs certainly help otherwise I'd be flying blind.

 

[5408854088]

Not familiar with fsmone

If i fast in $100k cash (does this qualify to be Silver?). Will i automatically be able to get $10 flat commission for the next sgx trade?

no

you have to wait until the next working day and your status will change to silver then you will enjoy $10 processing fees, but you have to pay for sgx clearing & trading and gst to govt

Only for silver and above tier

https://secure.fundsupermart.com/fsm/article/view/15826/here-s-the-silver-lining-for-silver-clients-permanent-s-10-flat-fee-trading-for-sgx

how to become sliver?

this will answer your question

 

[tulipkiss]

Anyone knows if FSMOne Prestige given "automatically" upon hitting the AUM requirement or need to go through some application to join?

 

[limster]

Anyone knows if FSMOne Prestige given "automatically" upon hitting the AUM requirement or need to go through some application to join?

mine was automatic.

 

[tulipkiss]

mine was automatic.

ohh. is it indicated anywhere in the account?

 

[limster]

ohh. is it indicated anywhere in the account?

After you login, there a gold coloured badge or diamond right next to your name indicating your tier.