Placing a trade on DBS Vickers Online

Placing an online trade order on the DBS Vickers Online Trading platform is simple, intuitive and fast.

Part of: Guides > Your Guide to DBS Vickers Online Trading Account

Types of Settlement Mode

Buy
  • Your trading limits determine how much you can buy. Learn more on how to Increase DBS Vickers Cash Trading Account Limits.
  • Learn more about the Charges for making a buy trade.
  • Once you have successfully made a buy trade, your shareholdings will be credited to your CDP account (for Singapore Market Shares) or will be held in the DBS Custodian account(for Foreign Market Shares) after the settlement date.
  • The payment of shares is only after the settlement date. Learn more about the Delivery and Settlement of Your Shares.
Sell
Benefits
  • A single account for transactions in different markets.
  • Option to link your DBS / POSB account for convenient trade settlements (choose between GIRO and EPS settlement modes).
  • Convenient FX conversion service to facilitate trade settlement in foreign currencies.

If you see a DBS Multi-Currency Account (MCA) on the right panel, it indicates that your account is linked.

Buy
  • For Cash Upfront buy order, please ensure that there are sufficient funds (contract value of the trade plus charges) in the traded currency in your MCA before placing a trade. You can view your MCA balances from the right panel.
  • Learn more about the Charges for making a buy trade.
  • Once you have successfully made a buy trade, your shareholdings will be credited to your CDP account (for Singapore Market Shares) or will be held in the DBS Custodian account (for Foreign Market Shares) after the settlement date.
  • Once an order is placed, the funds in your MCA account will be earmarked and the amount will be used to pay for the contract on settlement date.
  • Cash upfront option is only available when you log in to digibank online, it is not available on digibank mobile or the mtrading app.
Sell
  • Sell trades are not available for cash upfront.
Buy
  • To start trading online using funds or shares in your CPF Investment/SRS account, please ensure you have linked your CPF Investment/SRS Account to your DBS Vickers Online Trading Account.
  • Please check your available trading limits (for CPF Investment Account) and funds in your CPF Investment/SRS accounts before placing a trade. If there is insufficient funds/ trading limits, the trade might be rejected. Learn more on the Rejected CPF/SRS Trades procedure.
  • Your DBS Vickers trading limits will determine how much you can buy. Learn more on how to Increase DBS Vickers Cash Trading Account Limits.
  • Learn more about the Charges for making a buy trade. Do note there may be additional fees imposed by your agent bank.
  • When the contract has been accepted by the CPF Investment/SRS agent bank, funds will be debited from your CPF Investment/SRS account and the shares will be deposited into your CPF Investment/SRS account on the settlement date. Learn more on the Settlement of CPF/SRS Trades.
Sell
  • To start trading online using funds or shares in your CPF Investment/SRS account, please ensure you have linked your CPF Investment/SRS Account to your DBS Vickers Online Trading Account.
  • Please check your available shareholdings in your CPF Investment/SRS accounts before placing a trade. If there is insufficient funds/ trading limits, the trade might be rejected. Learn more on the Rejected CPF/SRS Trades procedure.
  • Your DBS Vickers trading limits will determine how much you can sell. Learn more on how to Increase DBS Vickers Cash Trading Account Limits.
  • Learn more about the Charges for making a sell trade. Do note there may be additional fees imposed by your agent bank.
  • When the contract has been accepted by the CPF/SRS agent bank, the sales proceeds will be credited into your CPFIS/SRS account and the shares will be debited from your CPFIS/SRS account on the settlement date. Learn more on the Settlement of CPF/SRS Trades.


How to place a trade on DBS Vickers Online

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1
Step 1
Log in to digibank online with your User ID & PIN.
2
Step 2
Complete the Authentication Process.
3
Step 3
Under Trade, select Place Order.
4
Step 4
Select the Settlement mode from the drop down list.
5
Step 5
Enter order Quantity and depending on your order type, the Price. The default order type is for limit order and good for today.
6
Step 6
Select Preview Order to proceed. Verify the details of the order and click on Confirm Order to submit.
7
Step 7
To check status of your order, click Trade and select Order Status.
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