FSMOne web platform

duhduhduh

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Heyo guys,

I am trying to subscribe to an HKD ETF but can I check under cash account, do i go to select HKD or SGD in this instance?

What is the difference between selecting HKD (trading currency) and SGD in this case?

Does selecting SGD means it will do auto conversion as long as I have the x amount of SGD in the a/c?
 

ciscube1

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When doing a USD transfer out, is the USD taken from the usd cash account or sgd cash account? Is there any charges for transferring out non-sgd currency?
Thanks in advance.
 

highsulphur

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How long for sgd to get transferred out to local bank account?

Posted from PCWX using VOG-L29
 

MichealScott

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I love FSMone interface and their RSP charges but I really hope they revise their min.$10 charge..:(
 

zoneguard

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Same as regular GIRO , 2-3 working days.
Don't expect FAST kinda speed.

Not true, first transfer is slow as they send a cheque so T+2. Subsequent ones are T+0. I received my ES3 dividends in my bank account the same evening I did the withdrawal.
 

Knightoftheblackrose

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When doing a USD transfer out, is the USD taken from the usd cash account or sgd cash account? Is there any charges for transferring out non-sgd currency?
Thanks in advance.


It is up to you to specify which currency you want to use for the transfer.

They also offer cash conversion services, so you can convert any of your SGD ( or HKD, GBP ...etc) balances to USD, before transferring it out.

There are no fees charged for transfers, from the outgoing FSM side.
However, your other bank might charge fees for incoming funds.
I use a Bank Account which has free incoming transfers, so I don't incur any charges for both legs.

However, as the saying goes, there is no such thing as a free lunch.
The "fees" charged by FSM would be via the currency conversion exhange rates used.

The exchange rates are quite competitive, I recently used their currency conversion services, compared with Oanada direct Interbank rates, there is a difference of roughly about 0.5% above interbank rates.
You can treat the 0.5% as the "fees" to be paid.
 

5408854088

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New additions to our ETF RSP list

Investors will be pleased to know that we have added eight ETFs to our RSP list over the past month, including the wildly popular ARK Innovation ETF (NYSE:ARKK).

The eight ETFs are:

Lion-OCBC Securities Hang Seng TECH ETF (SGX:HST)
Invesco KBW Bank ETF (NASDAQ:KBWB)
ETFMG Prime Mobile Payments ETF (NYSE:IPAY)
ARK Genomic Revolution ETF (BATS:ARKG)
ARK Innovation ETF (NYSE:ARKK)
ARK Next Generation Internet ETF (NYSE:ARKW)
ARK Autonomous Technology & Robotics ETF (BATS:ARKQ)
ARK Fintech Innovation ETF (NYSE:ARKF)

https://secure.fundsupermart.com/fs...ver-the-latest-happenings-in-the-etf-industry
 

scudettoz7

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Guys, help needed! requested a withdrawal of SGD into my bank acct, just wondering how long will it take to be credited into my acct?
I made the request just this friday. thanks!
 

carrote

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Fsmone now fixed $8.80 commission for SGX.

https://secure.fundsupermart.com/fs...8-80-flat-processing-fees-for-sgx-stocks-etfs
Moomoo (promotion) 0.03% minimum $1.50
Moomoo (normal) 0.06% minimum $2.49
Tiger (promotion) 0.08% min $0
Tiger (normal) 0.08% min $2.88
Fsmone $8.80

During promo,
Below $1875 - Tiger cheapest
$1875-11000 - Moomoo cheapest
Above $11000 - Fsmone cheapest

After promo,
Below $11000 - Moomoo cheapest
Above $11000 - Fsmone cheapest
 

reddevil0728

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Fsmone now fixed $8.80 commission for SGX.

https://secure.fundsupermart.com/fs...8-80-flat-processing-fees-for-sgx-stocks-etfs
Moomoo (promotion) 0.03% minimum $1.50
Moomoo (normal) 0.06% minimum $2.49
Tiger (promotion) 0.08% min $0
Tiger (normal) 0.08% min $2.88
Fsmone $8.80

During promo,
Below $1875 - Tiger cheapest
$1875-11000 - Moomoo cheapest
Above $11000 - Fsmone cheapest

After promo,
Below $11000 - Moomoo cheapest
Above $11000 - Fsmone cheapest
now there's a differentiation between them and DBS vickers for amount below 8,333.
 

torrent06

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Don’t know if many people are calling FSMOne or what. I have been kept on hold for so long. Not a good experience.
 

highsulphur

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Fsmone now fixed $8.80 commission for SGX.

https://secure.fundsupermart.com/fs...8-80-flat-processing-fees-for-sgx-stocks-etfs
Moomoo (promotion) 0.03% minimum $1.50
Moomoo (normal) 0.06% minimum $2.49
Tiger (promotion) 0.08% min $0
Tiger (normal) 0.08% min $2.88
Fsmone $8.80

During promo,
Below $1875 - Tiger cheapest
$1875-11000 - Moomoo cheapest
Above $11000 - Fsmone cheapest

After promo,
Below $11000 - Moomoo cheapest
Above $11000 - Fsmone cheapest
That's great news. Fees apply to all instead of silver tier and above.
 
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