How to trade online with DBS Vickers
If you don’t have time to read through the whole article, you can check out our short version below:
With DBS Vickers you can easily:
Create a watchlist of up to 5 stocks.
Trade seamlessly with a DBS Multi-Currency Account (MCA) that comes bundled with all DBS Vickers account.
Safekeep your shares in your Central Depository (CDP) account.
Putting together a piece of furniture without a manual can be frustrating, at least for most of us. We would probably go by trial-and-error with different bolts and screws until we find the right one that holds the pieces together.
We reckon new investors may feel the same; that is why we have put together some handy tips so you can monitor, buy or sells stocks with ease using the DBS Vickers Online Trading Platform.
Build, personalise and save up to 5 watchlists – monitor the price movements of up to 150 companies across 7 markets.
When a stock reaches your desired price, go to Trade and Place order to buy or sell it.
Next, select your order type, quantity and duration. Some of these terms may be unfamiliar to you. Fret not, here’s what you need to know:
All DBS Vickers account opened from 15 January 2018 come bundled with a DBS Multi-Currency Account (MCA), letting you buy and currency when exchange rates are favourable, so you can keep it to pay for overseas trades later.
Funding Your MCA
- For a seamless settlement, found your MCA sufficiently within two business days from the transaction date (T+2) for all Singapore, Hong Kong and US trades.
- Or Found your MCA in the respective currency before placing your buy order and enjoy preferential commission rates
The Singapore-listed shares you have purchased will be deposited in your Central Depository (CDP) account for safekeeping. Foreign shares will be held in the custody of DBS Vickers.
Hello, we’re NAV.
Inspired by the word “navigate”, NAV is an initiative by DBS & POSB created to help you navigate your finances, your way. Whatever your financial goals are in life, no matter what situation you are in, we’re here to help you on your financial journey.
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Speak to the Wealth Planning Manager today for a financial health check and how you can better plan your finances.
Alternatively, check out NAV Planner to analyse your real-time financial health. The best part is, it’s fuss-free – we automatically work out your money flows and provide money tips.