If you are between the ages of 18 to 25 years old with a DBS Vickers online individual trading account, your trading account will automatically be considered a Young Investor Trading Account.
From 1 April, all existing individual online trading account whose account holders are between the age of 18 to 25 years old will be automatically included in this program.
The Commission rates charged for all markets will be a flat fee, regardless of your contract size. Commission rates does not include all out-of-pocket charges imposed by the respective exchanges. GST apples to all markets.
Your Young Investor Trading Account will be changed to a normal trading account. The conversion of the account will follow your birth year. i.e., you are born in 1998 and turn 25 years old in 2023. On 1 Jan 2024, your account will be converted to a normal trading account.
Market | Commission Rate (inclusive of GST) |
---|---|
Singapore | SGD 8.72 / HKD 54.50 / USD 6.54 / AUD 8.72 / EUR 6.54 / JPY 872 / GBP 6.54 |
US | USD 6.54 |
Hong Kong | HKD 54.50 / USD 6.54 |
Australia | AUD 17.44 |
UK | GBP 13.08 / USD 19.62 / EUR 17.44 |
Japan | JPY 1417 |
Canada | CAD 8.72 / USD 6.54 |
Commission, fees, and charges will be subjected to GST at the prevailing rate, where applicable.