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.
Yes. DBS Vickers will charge SGD 2 per stock per month and capped at SGD 150 per quarter. We will waive the custodian fee if there are at least 2 transactions per month or 6 transactions per quarter.
Please note that custodian fees will be chargeable every quarter on the 11th of January, April, July and October, or the next working day if falls on a non-working day. Customers under the GIRO payment arrangement will have the charges debited from their bank accounts if there are insufficient funds in their trading accounts.
CNY is denoted as Offshore Renminbi = CNH.
We offer free real-time quotes for our customers.