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If you are trading in stocks and ETFs on the Singapore Exchange (SGX), there’s no better place to do it than here at FSMOne, because it is the first and only broker in town which offers you a flat processing fee of S$8.80, irrespective of the amount you trade!
Since 2021, we’ve reduced the processing fees permanently for both buy and sell transactions of any SGX-listed stock/ETF to a flat S$8.80* (previously 0.08%, min. S$10). This means that whether you make a S$1,000, S$10,000, S$100,000 or $1 million and higher trade, you will only pay S$8.80 in processing fee*. So, the higher your investment amount, the more cost savings for you!
Compared to pricing structures that charge you a percentage of your transaction cost whenever you buy or sell a stock and/or ETF, a flat processing fee translates to more savings and profits for you. Using the table below as an example, you can see the differences in costs and profits when you transact with a flat processing fee versus transacting with a percentage-based processing fee. And the higher your transaction cost, the higher your savings.
Example 1: Savings from Flat Processing Fee, versus 0.10% Processing Fee
|
0.10% Processing Fee |
$8.80 FLAT Processing Fee |
Savings |
|
|
$10,000 |
$10.00 |
$8.80 |
$1.20 |
|
$50,000 |
$50.00 |
$8.80 |
$41.20 |
|
$100,000 |
$100.00 |
$8.80 |
$91.20 |
|
$1,000,000 |
$1,000.00 |
$8.80 |
$991.20 |
Example 2: Savings from Flat Processing Fee, versus 0.25% Processing Fee
|
Transaction Cost |
0.25% Processing Fee |
$8.80 FLAT Processing Fee |
Savings |
|
$10,000 |
$25.00 |
$8.80 |
$16.20 |
|
$50,000 |
$125.00 |
$8.80 |
$116.20 |
|
$100,000 |
$250.00 |
$8.80 |
$241.20 |
|
$1,000,000 |
$2500.00 |
$8.80 |
$2491.20 |
Link and Trade: Easily link your CDP Account to your FSMOne Account.
In addition, did you know that this also applies to stocks/ETFs in your CDP holdings that you wish to sell via FSMOne? You can easily benefit from this by electronically linking your CDP Account to your FSMOne Account, at no cost to you.
After the successful linkage, you can start to use your FSMOne account to sell your stock/ETF holdings from your SGX CDP Account. The approval process will typically take approximately 1 business day to process.
Whether transacting directly via your FSMOne Account or just selling existing holdings from your CDP Account, you can benefit from a flat processing fee of only S$8.80* for SGX-listed stocks/ETFs on FSMOne.
Enjoy these other benefits when you trade stocks/ETFs on FSMOne:
- Debit Card: FSMOne Debit Card is a debit card that enables you to spend your investment proceeds and dividends as and when you receive them in your FSMOne Cash Account, without having to withdraw them from FSMOne to your bank account. Furthermore, enjoy 1% cashback on all eligible spends and the promotional cashback rates!
- Rewards Catalogue: For every transaction made on FSMOne, you get to earn rewards points which you can use them to redeem bonus units. In our bid to improve the rewards experience for our investors, we are always looking to upsize our rewards catalogue to include more gift items, ranging from retail to entertainment, more bonus units of selected funds and even an opportunity to give back to charity. Go on and have a treat on us!
- Trade Amalgamation: Trades on the same counter within the same trading day, on the same side (buy/sell), in the same currency and same payment mode will be amalgamated to help you save on trade commissions. Even if you buy or sell the same counter multiple times within the same trading day, there is only a one-time processing charge since the buy orders will be amalgamated. The same applies if you sell the same counter multiple times within the same trading day.
Stock/ETF Ideas: Let our research team kickstart your investment journey with stocks and ETFs ideas.
Unsure of what and where to invest in? Explore the vast and in-depth content available on FSMOne. For example, if you are looking for stock ideas, you can browse our long list of articles which showcases stocks and ETFs under our coverage universe that we believe offer attractive and sustainable dividends. Alternatively, you can take a look at our ETF Focus List which provides a wide range of ETFs from various categories to help with portfolio construction. Spanning five categories from “Core Equity” to “Tactical Plays”, there will always be an ETF suitable for every portfolio.
Other curated content includes our ETF Insights, Funds in Focus, as well as our external partners’ pieces on Stocks Hub. Don’t forget to follow us on Facebook, Instagram, and Twitter and join our Telegram channel @FSMOne_SG to stay updated on our latest investment ideas, insights & updates!
New to ETFs? Watch this introductory video to get yourself familiarised with the basics:
For further assistance, please call our hotline at 6557 2853 from:
- 8:30am to 10:30pm, (Mondays to Fridays except PH) and
- 8:30am to 12:30pm, (Saturdays except PH)
Alternatively, you can email us at clienthelp@fundsupermart.com or visit our Contact Us page to get in touch.
*Please note the following:
For non-SGD transactions for stocks/ETFs listed on SGX, the following currency minimum processing charges apply:
- Flat: USD 8.80, AUD 8.80, EUR 8.80, GBP 8.80
- Flat: CNH 50, HKD 50, JPY 800
Processing fees stated here exclude GST. Exchange-related fees still apply. View our pricing structure for more details.
Account trading limit for CDP sell transaction is set at S$50,000 per order by default. Click here for more information on increasing the default trading limit. To mitigate against the possibility of any short sale, please refer to your latest holdings held in your CDP securities account prior to any sale of securities from such account.
