Advertisement

Mushroom Man

25 Dec 2023

∙

Purchasing SG stocks via FSMOne and perform share transfer to CDP viable?

Does anybody does this, apart from the duration/wait of 4-6 weeks for the share transfer, anything else to take note of? Not sure if the costs saved from the lower commission is better off if say I purchase higher quantum of stocks say 15K sgd and above?

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Milo liaw

18d ago

Complete this form https://secure.fundsupermart.com/fsm/download/f...... & email to FSMONE.

Call its hotline or email FSMONE if you need help, found it very responsive & helpful. Registered as a new user 2 months ago & bought SG stocks (also sold some stocks) w comm $8.80, after that I filled up the above form & email to FSMONE, the stocks were were successfully transferred to my CDP 7 days later although FSMONE stated 2~3 weeks.

By the way, the transfferiing from FSM to CDP is currently zero!

Reply

Save

Choon Yuan Chan

31 Dec 2023

Not worth the fees as the transfer transactions can be very expensive for penny stocks. Only works for the large caps such as buying Jardine C&C stock

Reply

Save

Lin Junxian

31 Dec 2023

Apologies. Not sure of this. But if you want CDP, another way is to buy via DBS vickers cash upfront...

Write your thoughts

Related Posts

How soon can I sell my stocks on FSMOne (CDP) assuming that I just purchased via DBS VIckers (CDP) today? Can I sell it immediately after I purchased even though the shares are still in transit?

I have linked my FSMone account to my CDP account and I have purchase some SG REITs ETF (CFA) on FSMone. However, the shares are not reflected in my CDP account yet. How to make CDP show the shares?

FSMOne when selling is it $10 transaction cost only via CDP? Sorry, cannot remember which is the cheapest platform to see my CDP stock. Can share?

Newbie here, keen to buy SG stocks via DBS Vickers and sell via FSMOne. Will there be a delay in transfer?

I have invested my CPF through stocks here in SG. If I renounce my PR status, will my shares in CDP auto transfer to my CPF regardless if at los? Or will govt allow me to leave it my holdings even I'm no longer PR?

Related Posts

How soon can I sell my stocks on FSMOne (CDP) assuming that I just purchased via DBS VIckers (CDP) today? Can I sell it immediately after I purchased even though the shares are still in transit?

I have linked my FSMone account to my CDP account and I have purchase some SG REITs ETF (CFA) on FSMone. However, the shares are not reflected in my CDP account yet. How to make CDP show the shares?

FSMOne when selling is it $10 transaction cost only via CDP? Sorry, cannot remember which is the cheapest platform to see my CDP stock. Can share?

Newbie here, keen to buy SG stocks via DBS Vickers and sell via FSMOne. Will there be a delay in transfer?

I have invested my CPF through stocks here in SG. If I renounce my PR status, will my shares in CDP auto transfer to my CPF regardless if at los? Or will govt allow me to leave it my holdings even I'm no longer PR?

Advertisement