![]() There are still some use cases for FSMOne, and one of them is to enjoy a low commission fee for selling CDP-owned shares.Īs with most online brokers, FSMOne uses custodian accounts to hold stocks and ETFs.īut what makes FSMOne stand out is that it allows you to link your CDP account to your FSMOne account, enabling you to sell your CDP-owned shares from your FSMOne account. ![]() However, its popularity as a broker has since dwindled because its fees aren’t nearly as low as the likes of Tiger and Moomoo. Thankfully, there’s a cheaper way to sell your CDP-owned shares.įSMOne is an online broker that you may have heard of before.īefore low-cost brokers like Tiger Brokers and Moomoo came into the picture, FSMOne was one of the best online brokers to use because its fees were significantly lower than bank brokers. While it’s a fairly standard price, it’s higher than what I’d like to pay. The commission fee for selling shares on DBS Vickers is $25. However, this only applies to buying shares. ![]() With a commission fee of only $10, it is the cheapest way to own shares in your CDP account under your own name. In my post about how to enjoy DBS Vickers’ Cash Upfront preferential commission rate, I mentioned that that’s the best way to buy CDP-owned shares.
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