Turtle Tip : How To Pay Only $18 Per Trade
By Turtle Investor  •  December 7, 2016

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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By Turtle Investor
Hello there! I am Kevin and the author behind the Turtle Investor blog. At age 37, I hit CPF Full Retirement Sum (FRS) of $176,000 on the last day of 2019, twelve years after graduating from university. I am married and owns a 4-room apartment. I continue to be gainfully employed to build up my portfolio and provide my loved ones with better lives. Leaving everything behind and transitioning to a digital nomad life in Bali remains an option but not something that I’m actively pursuing now 🙂
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