STI ETF

[wutawa]

Yes! Excatly....same as my current situation. That's why I can't CDA because everytime these cost caused me not worth. I also want to know which one is cheaper

I tink u mean dca.

Why don’t use scb? Mini $10 only

Actually ke prefund is cheaper.
https://www.maybank-ke.com.sg/latest-offerings/listing/reduced-prefunded-commission-rates/

 

[lupster]

Correct, it’s 25+25. Was wondering if anyone knows of any cheaper alternatives...

Why is it 25 + 25?

For UOB, it's maximum of $20 per transaction. What's the additional +25?

 

[highsulphur]

Actually right now FSMOne is the cheapest imo. 0.08% with min 10.? Once you have more than 100k, will be fixed $10.

 

[Ahboy069]

Actually right now FSMOne is the cheapest imo. 0.08% with min 10.? Once you have more than 100k, will be fixed $10.

If have scb priority shd be cheaper ... no min

 

[XGZ1503]

Why is it 25 + 25?

For UOB, it's maximum of $20 per transaction. What's the additional +25?

I think the 25+25 is when you invest using cpf

 

[highsulphur]

If have scb priority shd be cheaper ... no min

Cheaper than 0.08%?

The $10 flat commission is unbeatable once whit silver tier

 

[revhappy]

If have scb priority shd be cheaper ... no min

Makes no sense. Priority is for high networth people and such people trade in big chunks. FSM is better, more than 100k AUM, it is fixed at $10 commission.

 

[makav31i]

Cheaper than 0.08%?

The $10 flat commission is unbeatable once whit silver tier

FSM is 0.08% or minimum $10 for normal members also...That is $12.5k per trade for $10...Of course if you trade more than $12.5k per trade, Silver tier is good because it is fixed at $10...

 

[wutawa]

Cheaper than 0.08%?

The $10 flat commission is unbeatable once whit silver tier

Scb rates r really bad even for priority banking members. Hopefully it will be revised like maybank.

 

[alt2015]

Makes no sense. Priority is for high networth people and such people trade in big chunks. FSM is better, more than 100k AUM, it is fixed at $10 commission.

Fsm...the buying and selling is similar to Broking furn .. ie buy and sell is at the current buying/selling price?

 

[highsulphur]

Fsm...the buying and selling is similar to Broking furn .. ie buy and sell is at the current buying/selling price?

If I understand your question correctly, yes

 

[peppermint7]

Yes have. You link your ke account with your designated Maybank savings account. Top up takes around 2 working days. Commission is deducted the prefunded account. So it basically works like a prepaid account. Everything is deducted through there.

Are the shares held under CDP for this pre fund account?

Top up takes about 2 days meaning it'll take 2 days to tranfer funds from MB savings account to Kim Eng account? No FAST tranfer?

Below just for info sharing
https://blog.seedly.sg/cdp-vs-custodian-account/

I personally prefer my shares to be held by CDP.
Wondering what are the more economical options out there

Update: ifound the answer..

maybank pre fund account is under custodian

 

[makav31i]

Are the shares held under CDP for this pre fund account?

Top up takes about 2 days meaning it'll take 2 days to tranfer funds from MB savings account to Kim Eng account? No FAST tranfer?

Below just for info sharing
https://blog.seedly.sg/cdp-vs-custodian-account/

I personally prefer my shares to be held by CDP.
Wondering what are the more economical options out there

Update: ifound the answer..

maybank pre fund account is under custodian

The cheapest direct to CDP is DBS Vickers Cash Upfront which charges 0.12% or minimum $10 and the shares held in CDP...All other minimum $10 brokers in Singapore are held in Custodian account...

 

[peppermint7]

The cheapest direct to CDP is DBS Vickers Cash Upfront which charges 0.12% or minimum $10 and the shares held in CDP...All other minimum $10 brokers in Singapore are held in Custodian account...

Is this the one you are referring to?
https://www.dbs.com.sg/vickers/en/accounts/types-of-account/cash-upfront-account

I read a couple of traders complain about double deduction issue. Other than that any other hiccups so far?

https://forums.hardwarezone.com.sg/money-mind-210/dbs-vicker-double-deduction-6225022.html#post125831966

 

[Mr. Wood]

Is this the one you are referring to?
https://www.dbs.com.sg/vickers/en/accounts/types-of-account/cash-upfront-account

I read a couple of traders complain about double deduction issue. Other than that any other hiccups so far?

https://forums.hardwarezone.com.sg/money-mind-210/dbs-vicker-double-deduction-6225022.html#post125831966

what double deduct? so far I no issues.
but $10 apply to buy only. selling is still $25.

 

[peppermint7]

what double deduct? so far I no issues.
but $10 apply to buy only. selling is still $25.

Not sure why the bros were using giro and ganna double deducted. Refer to the last link i posted.

Oh so selling i can go back to poems since no diff.. poems also $25

Since held by cdp. I suppose there wont b issue for me to buy via Vickers and sell via poems

Lol.wanted to sign up but it's down. Very popular it seems

 

[makav31i]

Not sure why the bros were using giro and ganna double deducted. Refer to the last link i posted.

Oh so selling i can go back to poems since no diff.. poems also $25

Since held by cdp. I suppose there wont b issue for me to buy via Vickers and sell via poems

Lol.wanted to sign up but it's down. Very popular it seems

Why sell via POEMS when selling by FSM is $10 minimum?If it is in CDP, can just go to the cheapest broker mah...

 

[highsulphur]

Why sell via POEMS when selling by FSM is $10 minimum?If it is in CDP, can just go to the cheapest broker mah...

FSMOne is custodian only

 

[apriliasiao]

what double deduct? so far I no issues.
but $10 apply to buy only. selling is still $25.

if u sell it within t+2, u can use cash upfront selling which is also $10.

 

[makav31i]

FSMOne is custodian only

What talking you? FSM can sell your shares in your CDP account...Just need to link FSM with your CDP account...It is the same for almost any other broker...Even if you buy shares and held in FSM custodian, you can still transfer it to your CDP account...So what is the issue?