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Poem charges .28%, UOB charges .275%. I have both accounts. Based on these two charges alone, peom is more expensive. DBS also charges .28%. Charges quoted are for online trading.
base on someone posted on UOB charges, its pretty close to what Poems is charging then, no?
anyone have an account with kim Eng? or any other brokerage house? what's their charges like?
From POEMS website
Settlement Traded in SGD
| Value per Contract | Non Advisory | Advisory | ||
| Online | Phone | Online | Phone | |
| First 50K | 0.28% | 0.375% | 0.33% | 0.50% |
| Next 50K | 0.22% | 0.300% | 0.25% | 0.40% |
| Thereafter | 0.18% | 0.225% | 0.20% | 0.25% |
| Minimum | S$25 | S$40 | S$25 | S$40 |
I think same as other brokages.. Less than 9000, 25.00 - quite the standard
I
Are there any minimum charges?
Kassanne ( Date: 03-Oct-2008 15:04) Posted:
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Clearing .04% , Access Fee (.0075%) GST (7%). No other fees for UOB other than these
contrary to popular belief, poems is one of the most expensive...
check out Amfraser and Cimb and UOB...all these are cheaper than poems 0.28
Thanks, what about the clearing fee if you execute transaction thru the web portal?
Kassanne ( Date: 03-Oct-2008 14:10) Posted:
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I think UOB Kayhian charges .275 for brokerage fee. Not sure about other firms
I am using Poems and the current charges is 0.28% & clearing fee of $15.60 since I trade over the poems portal, heard that this is the lowest charges in town , is that right?