DBS Vickers FAQs: Trading Fees, Forex Tools and Account Guides

For active traders, understanding a brokers fee structure, forex capabilities, and account mechanics is critical to making informed decisions. This FAQs aggregate page simplifies your research by compiling key details about DBS Vickers—your go-to resource for clear, concise answers to the questions that matter most.

Whether you‘re evaluating DBS Vickers for its forex trading tools, checking minimum deposit requirements, or comparing account types, this page cuts through complexity. Explore topics like DBS Vickers’ fee schedule (including spreads, commissions, and inactivity charges), supported withdrawal methods, and the unique features that enhance its forex offerings. Youll also find insights into the pros and cons of its trading platforms, helping you weigh options aligned with your strategy.

Designed for traders who value efficiency, this collection addresses the details that shape your experience: How does DBS Vickers handle forex rates? What makes its trading platforms stand out? What risks should you consider when using its features? By consolidating these answers, we aim to streamline your journey toward confident trading.

If you want to learn more about the brokers fee-related details, check out the common questions that follow.

What are the fees, spreads, commission, inactivity fee, deposit or withdrawal fees for DBS Vickers?

DBS Vickers does not charge account opening, annual maintenance, or minimum balance fees. Custodian fees are SGD 2 per counter per month, capped at SGD 150 per quarter, and can be waived with sufficient transaction activity. Online commission rates vary by market and account type, with a minimum fee applicable. For detailed information, refer to the official pricing guide.

What is the minimum deposit and what deposit and withdrawal methods are supported by DBS Online Trading / DBS Vickers?

No initial deposit is required to open an account. Withdrawals can be made via GIRO or EPS, with a cut-off time of 9:00 AM for same-day processing. Foreign currency withdrawals to DBS Multi-Currency Accounts are supported.

What trading platforms, account types, forex rates, and features does DBS Vickers Online Trading offer?

DBS Vickers provides an online trading platform accessible via web browser or the DBS Vickers mTrading mobile app (iOS/Android). It supports trading in equities across seven key global markets with access to forex conversion through the DBS Multi-Currency Account. Forex rates are live from DBS online forex services, and Order Watch allows setting target rate conversions. Paper trading (demo) accounts are not offered.

What are pros and cons of DBS online trading features especially forex?

Pros include a wide range of investment products across multiple markets, convenient and secure account funding via Multi-currency Account, and detailed guides for beginners. Cons include high minimum commission fees and a relatively basic suite of research tools.