Boy : “You mean you didn’t know?”
Girl : …
Yes, it was one of those days when a normal conversation erupted into a WTF moment. Luckily, not at my expense though. StanChart’s implementation of the $10 minimum commission has come and gone by. Excluding the StanChart option, retail investors generally (but not always) pay $25 in brokerage fee per trade.
But, you don’t have to. I thought it was an open secret and common knowledge. I was wrong to assume.
DBS Vickers Cash Upfront Account (Online)
If you have a DBS Vickers account like me, you will see this when you log in directly.
To pay only $18 per trade, you need to have a Cash Upfront Account (Online) that you can apply for. Read more about the account and what it is all about at the link. This allows you to transact Singapore securities via DBS internet banking (iBanking) at ...
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