Does DBS Vickers still exist?
Yes, you can still apply for a DBS Vickers trading account via our online application. However, if you would like to trade in the Singapore Stock Exchange (SGX), you will need to open a Central Depository Account (CDP).
Is DBS Vickers linked to CDP?
Customers with an existing CDP account may perform the linkage during their DBS Vickers account online application. Alternatively, you can arrange for the linkage by completing this SGX Apply for/Revoke Linkage Form (found in the account opening pack) and mail it to us using this Business Reply Envelope.
Is DBS Vickers part of DBS?
DBS Vickers is a wholly owned subsidiary of DBS Bank. Born and bred in Asia, DBS Vickers is a securities and derivatives brokerage firm that provides comprehensive retail, institutional and online broking services and solutions.
Does DBS Vickers have inactivity fee?
No initial deposit or fee is required to open an account with DBS Vickers. Additionally, there are no annual fees, account maintenance fees or minimum balance requirements.
Can DBS Vickers trade US market?
Which stock markets can I trade online with DBS Vickers? At present, you can trade U.S., Canada, Hong Kong, Singapore, U.K., Australia and Japan stocks online. You can obtain free real-time quotes on equities listed on the US/Canada, Hong Kong and Singapore markets.
Can I buy and sell stocks same day Singapore?
Day trading explained Day traders buy and sell multiple assets within the same day, or even multiple times within a day, to take advantage of small market movements. Intra-day trading is not for the part timer as it takes time, focus, dedication and a specific mindset.
Why cant I open DBS Vickers account?
Please note that we are unable to open accounts for U.S., Nigeria, and South African citizens/residents due to tax reporting requirements and/or internal policies. Certain restrictions may apply to Australia and Canada citizens/residents.
Can Vickers buy US stocks?
Overview. Which stock markets can I trade online with DBS Vickers? At present, you can trade U.S., Canada, Hong Kong, Singapore, U.K., Australia and Japan stocks online. It provides you with an easy and convenient way to trade equities.
How does DBS Vickers account work?
Officially, DBS Vickers is a securities and derivatives trading platform owned by DBS. DBS Vickers allows you to trade after you open an account with them. In exchange, you have to pay DBS Vickers a commission each time you make a trade. DBS Vickers is by no means the only investment brokerage in Singapore.
What is the Commission for DBS Vickers?
Enjoy competitive commission rates for Singapore trades.
| COMMISSION CHARGE | OTHER TRANSACTION CHARGES | |
|---|---|---|
| (Shares trading in SGD) | ||
| Minimum Commission: SGD50,000 and below Above SGD50,000 – SGD100,000 Above SGD100,000 | By Phone: SGD40 0.375% 0.300% 0.225% | Clearing Fee (CDP imposed): 0.0325% SGX Trading Fee: 0.0075% |
Can I buy US stocks on DBS Vickers?
Which stock markets can I trade online with DBS Vickers? At present, you can trade U.S., Canada, Hong Kong, Singapore, U.K., Australia and Japan stocks online. It provides you with an easy and convenient way to trade equities.
How do I Invest in US stocks with DBS?
To place trades in the U.S. and Canada markets, you are required to complete an Exchange Market Agreement. Log in to DBS digibank with your User ID and PIN and complete the Authentication Process. Select Invest from the top menu. Under Wealth Management Account, in the Equity section, click the Trade button.