Overview

DBS Vickers is the brokerage arm of DBS Bank, Southeast Asia's largest bank, providing MAS-regulated access to seven global markets including Singapore, US, Hong Kong, UK, Canada, Australia, and Japan. Online commissions start at 0.12% (min S$10.90) for Singapore stocks via Cash Upfront, with zero-commission US fractional share trading through March 2026. The platform suits DBS banking customers who value direct MCA settlement and consolidated portfolio views. New accounts receive up to US$60 in NVDA shares, and Young Investors aged 18 to 25 get flat-rate commissions across all markets.

Pros

↑Direct integration with DBS digibank for instant MCA fund transfers and consolidated views
↑Zero commission on US fractional share trades (quantity less than 1) through March 2026
↑Award-winning DBS Group Research with CLOVERS analysis model for investment decisions

Cons

↓Minimum S$10.90 per Singapore trade (Cash Upfront), significantly higher than fintech brokers charging under S$2
↓Custody fee of S$2 per counter per month unless trading at least twice monthly
↓No options, futures, or cryptocurrency trading available on the platform

Key Highlights

Trading Costs
0.12% min S$10.90 Cash Upfront
Singapore stocks: 0.18% online (min S$27.25) or 0.12% Cash Upfront (min S$10.90)
US stocks: 0.16% online (min US$27.25) or 0.15% Cash Upfront (min US$19.62)
HK stocks: 0.16% online (min HK$109) or 0.15% Cash Upfront (min HK$87.20)
Young Investors (18-25): flat S$8.72 SG, US$6.54 US, HK$54.50 HK
US fractional trades (quantity less than 1): free until March 2026
All rates inclusive of GST at prevailing rate

Assets & Markets
7 global exchanges
Singapore (SGX Main Board, Catalist)
United States (NYSE, NASDAQ, AMEX)
Hong Kong (HKEX Main Board, GEM)
Canada (TSX, TSX Venture)
United Kingdom (London Stock Exchange)
Australia (ASX)
Japan (TSE)
Products include stocks, ETFs, REITs, bonds, warrants, DLCs, ADRs

Why Choose?
DBS digibank integration
Trade settlement directly from DBS Multi-Currency Account
Apply via DBS digibank online or mobile app
Consolidated portfolio view across banking and investments
Multi-currency settlement in SGD, USD, HKD, GBP, AUD, CAD, JPY
DBS named World's Best Bank by Euromoney 2025
Invest-Saver RSP from S$100 per month

Regulation & Safety
MAS regulated since 1986
DBS Vickers Securities (Singapore) Pte Ltd
Co. Reg. No. 198600294G
Capital Markets Services License holder
Backed by DBS Bank, Southeast Asia's largest bank
Singapore Deposit Insurance up to S$100,000
Client assets segregated in custodian accounts

Account Minimum
No minimum deposit
No initial deposit required to open an account
No annual fees or account maintenance fees
No minimum balance requirement
US fractional shares from as low as US$5
DBS/POSB savings or current account needed for application
Account opening via DBS digibank online or mobile

Key Benefits

Trading Costs

★2.5

▼

Singapore stocks: 0.18% online (min S$27.25) or 0.12% Cash Upfront (min S$10.90)
US stocks: 0.16% online (min US$27.25) or 0.15% Cash Upfront (min US$19.62)
HK stocks: 0.16% online (min HK$109) or 0.15% Cash Upfront (min HK$87.20)
UK/Australia/Japan: 0.30% online or 0.25% Cash Upfront
Canada: 0.28% online or 0.25% Cash Upfront
US fractional trades (quantity less than 1): free until March 2026
Custody fee: S$2 per counter per month, capped at S$150 per quarter, waived with 2+ trades per month
No deposit, withdrawal, or account maintenance fees
All rates inclusive of GST

Platform And Tools

★3.2

▼

DBS Vickers Online Platform via web browser
DBS Vickers mTrading App for iOS and Android
Real-time streaming quotes and charts for SG, HK, US markets
Stock Screener, Stock Comparer, and Transaction Screener tools
CLOVERS analysis model for investment decisions
Advanced Market Data and charting suite
Customisable watchlists and portfolios
DBS Vickers daily newsletter
Vickers Digibot for quick support queries

Research And Analysis

★4.3

▼

Award-winning DBS Group Research team
CLOVERS proprietary analysis model
Daily market updates and newsletter
Sector reports and economic insights
Analyst reports from DBS economists
Investment seminars and webinars
Market insights across all 7 markets

Mobile Trading

★3.0

▼

DBS Vickers mTrading app for iOS and Android
Real-time quotes for SG, HK, US markets
Portfolio monitoring and trade execution
Cash Upfront trading via app (MCA-linked accounts)
US fractional shares trading supported
Push notification alerts available
SMS and email trade confirmations

Account Features

★3.8

▼

No minimum deposit or account maintenance fees
Multi-Currency Account (MCA) settlement in 7 currencies
CPF and SRS investment support
Young Investor Account for ages 18 to 25 with flat-rate commissions
Cash Upfront mode for reduced buy-trade commissions
Invest-Saver regular savings plan from S$100 per month
CDP sub-account for Singapore securities
DBS Share Financing available
Contra trading for Singapore market

Security And Trust

★4.5

▼

MAS regulated Capital Markets Services License holder
Co. Reg. No. 198600294G, established 1986
Backed by DBS Bank, Southeast Asia's largest bank
DBS named World's Best Bank by Euromoney Awards 2025
Client assets held in segregated custodian accounts
Singapore Deposit Insurance up to S$100,000
Two-factor authentication (SMS OTP)
Best Execution Policy in place

Customer Support

★3.5

▼

Investment Service Centre: +65 6327 2288
Operating hours: Monday 6:30am to Saturday 6:30am (excluding public holidays)
Email: [email protected]
Vickers Digibot for automated FAQs
English, Mandarin, and Cantonese language support
Regional offices in Thailand and Indonesia
No live chat available

Educational Resources

★3.2

▼

DBS Vickers daily newsletter
Investment seminars and webinars (e.g. Astrea Investor Day)
Guide to DBS Vickers for onboarding
FAQ portal for trading and account queries
Quick Fix Online Guide for common issues
DBS Group Research reports access
No demo account available

Available Tools

Trading Tools

▼

Paper Trading	×
Margin Trading	✓
Zero Commission	×
Fractional Shares	✓
After Hours Trading	×

Automation

▼

Dca	✓
Algo Trading	×
Grid Trading	×
Trading Bots	×
Robo Advisory	×
Sentiment Analysis	×
Social Copy Trading	×
Ai Trading Assistant	×

Detailed Information

Commission Tiers	Singapore (SGD): up to S$50,000 at 0.375% phone / 0.18% online / 0.12% Cash Upfront Singapore: above S$50,000 to S$100,000 at 0.300% phone / 0.18% online / 0.12% Cash Upfront Singapore: above S$100,000 at 0.225% phone Same tiered structure applies to all 7 markets Cash Upfront rates apply to buy trades only Young Investor flat rates available for ages 18 to 25
Trading Fees	Singapore: 0.18% online (min S$27.25) or 0.12% Cash Upfront (min S$10.90) United States: 0.16% online (min US$27.25) or 0.15% Cash Upfront (min US$19.62) Hong Kong: 0.16% online (min HK$109) or 0.15% Cash Upfront (min HK$87.20) Canada: 0.28% online (min CAD 31.61) or 0.25% Cash Upfront (min CAD 21.80) United Kingdom: 0.30% online (min GBP 27.25) or 0.25% Cash Upfront (min GBP 21.80) Australia: 0.30% online (min AUD 32.70) or 0.25% Cash Upfront (min AUD 21.80) Japan: 0.30% online (min JPY 3270) or 0.25% Cash Upfront (min JPY 2180) All rates inclusive of GST at prevailing rate
Stock Etf Commission	Singapore: 0.18% online (min S$27.25) or 0.12% Cash Upfront (min S$10.90) US: 0.16% online (min US$27.25) or 0.15% Cash Upfront (min US$19.62) US fractional (quantity less than 1): free until March 31, 2026 Young Investor: S$8.72 flat SG, US$6.54 flat US
Options Commission	Not available on DBS Vickers
Futures Commission	Not available on DBS Vickers
Financing Rates	DBS Share Financing available Rates vary by account size and facility Contact DBS Vickers for specific rates
Margin Interest Rate	Account-dependent, contact DBS Vickers for details
Overnight Fees	Not applicable for stock holdings Margin interest applies for Share Financing positions
Non Trading Fees	Custody fee: S$2 per counter per month, capped at S$150 per quarter Custody fee waived with 2+ transactions per month or 6+ per quarter No account maintenance fees No annual fees or minimum balance SGX Clearing Fee: 0.0325% SGX Trading Fee: 0.0075% SGX Settlement Instruction Fee: S$0.35 per contract Dividend collection: 1% of net dividend (varies by market) Corporate action service fees apply per market All fees subject to GST
Deposit Fee	S$0
Withdrawal Fee	Physical withdrawal: S$50 per counter Scripless withdrawal: S$50 per counter Cross border transfer: S$30 per counter
Inactivity Fee	S$0
Currency Conversion Fee	Multi-Currency Account settlement in 7 currencies FX conversion via DBS MCA at DBS prevailing rates
Data Feed Fees	Free real-time quotes for SG, HK, US markets Canada and UK quotes delayed by 15 minutes Australia and Japan quotes delayed by 20 minutes
Order Modification Fee	S$0
Vip Fee Tiers	No formal VIP program Cash Upfront mode provides reduced rates for all customers Young Investor rates for ages 18 to 25

Minimum Spreads	Market-dependent, no artificial spread mark-ups Direct market access pricing Minimum bid sizes vary by market and price range
Maximum Leverage	DBS Share Financing available for margin trading Leverage ratios depend on facility and collateral Contact DBS Vickers for details
Margin Call Level	Standard margin requirements apply Varies by security type and market Automated alerts provided
Stop Out Level	Risk management enforced per facility terms Positions may be liquidated if margin insufficient
Negative Balance Protection	Yes for retail clients
Settlement Period	T+2 for most markets Contra trading available for Singapore market only Cash Upfront: funds earmarked on trade date, debited on settlement date
Order Execution Quality	Direct market access to all 7 exchanges Best Execution Policy in place Real-time execution during market hours Orders can be entered 24/7 (routed next session if placed outside trading hours)

Crypto Count	0
Forex Pairs Count	0
Product Universe Overview	7 global stock exchanges Common stocks across all 7 markets Exchange Traded Funds (ETFs) Real Estate Investment Trusts (REITs) Fixed Income Securities and retail bonds Structured Warrants and Callable Bull Bear Contracts Daily Leverage Certificates (3x to 7x) American and Global Depository Receipts (ADR/GDR) Preference Shares SPACs and Singapore Depository Receipts US fractional shares for S&P 500 stocks and selected ETFs
Geographic Market Coverage	Singapore (SGX Main Board, Catalist, Global Quote) United States (NYSE, NASDAQ, AMEX, OTC Bulletin Board) Hong Kong (HKEX Main Board, Growth Enterprise Market) Canada (TSX, TSX Venture Exchange) United Kingdom (London Stock Exchange) Australia (ASX) Japan (TSE)
Major Markets Details	Full SGX access with CDP integration for Singapore NYSE, NASDAQ, AMEX access with fractional shares for S&P 500 Complete HKEX listings including GEM London Stock Exchange for UK equities TSE for Japanese equities
Emerging Markets Details	No direct emerging market access Hong Kong provides some exposure to Chinese companies via dual-listed stocks ADR/GDR available for indirect emerging market exposure
Base Currencies Supported	SGD, USD, HKD, GBP, AUD, CAD, JPY, EUR

Trading Platforms Overview	DBS Vickers Online Platform (web browser) DBS Vickers mTrading App (iOS and Android) DBS digibank integration for account management Vickers Digibot for automated support
Desktop Platform	Browser-based platform, no download required Real-time streaming quotes and charts Stock Screener, Stock Comparer, Transaction Screener Advanced Market Data tools CLOVERS analysis model integration Portfolio management and order management Custom watchlists
Mobile App	DBS Vickers mTrading app for iOS and Android Real-time quotes for SG, HK, US markets Trade execution across all 7 markets Cash Upfront trading (MCA-linked accounts only) US fractional shares trading supported Portfolio monitoring SMS and email trade alerts
Web Platform	Browser-based access at dbsvonline.com No download required Secure HTTPS connection via DBS/POSB iBanking login Full trading capabilities across 7 markets Real-time market data Research reports integrated
Trading Tools And Features	Stock Screener for filtering securities Stock Comparer for side-by-side analysis Transaction Screener for trade history Advanced Market Data views CLOVERS analysis model Real-time streaming charts Customisable watchlists Price alerts (real-time) DBS Vickers daily newsletter
Charting And Technical Analysis	Charting tools available on web platform Real-time streaming charts for SG, HK, US Multiple chart types supported Technical indicators available Historical data access
Risk Management Tools	Stop-loss orders (market dependent) Limit orders across all markets Good till date orders (up to 30 calendar days) Good till max orders (Singapore market) Fill or Kill orders (Singapore market) All Or None orders Position monitoring Margin alerts for Share Financing
Order Types Available	Market orders (SG, US, Canada) Limit orders (all markets) At-auction orders (HK) At-auction limit orders (HK) Enhanced Limit Orders (HK) Special Limit Orders (HK) All Or None orders Good for Day Good till Date (up to 30 calendar days) Good till Max (SG only) Fill or Kill (SG only) Fill and Kill (SG only)
Integrations And Api Access	DBS digibank integration for fund transfers DBS Multi-Currency Account settlement No third-party API access for retail
Third Party Platforms	None specified
Api Rate Limits	Not available for retail accounts
Algo Trading Support	Not supported for retail accounts

Customer Support Overview	Investment Service Centre: +65 6327 2288 Operating hours: Monday 6:30am to Saturday 6:30am (excluding public holidays) Email: [email protected] Vickers Digibot for automated FAQs Help & Support Portal online
Phone Support Hours	Monday 6:30am to Saturday 6:30am SGT Phone: +65 6327 2288 Excluding Singapore public holidays
Live Chat Availability	Vickers Digibot (automated chatbot) available on website No live human chat available
Email Response Time	Email: [email protected] Typical response within 24-48 hours
Languages Supported	English Chinese (Mandarin and Cantonese)
Local Office Presence	Singapore headquarters Regional offices in Thailand and Indonesia DBS Bank branch network accessible for support
Account Manager	Investment Service Centre representatives available Phone-based trade assistance for all customers
Educational Resources Overview	DBS Vickers daily newsletter Investment seminars (e.g. Astrea Investor Day 2026) DBS Group Research reports CLOVERS analysis model guides Quick Fix Online Guide FAQ portal for trading queries
Beginner Resources	Guide to DBS Vickers for onboarding Young Investor Account for ages 18 to 25 US fractional shares from US$5 for small-amount investing Invest-Saver RSP from S$100 per month FAQ portal with step-by-step guides
Webinars And Tutorials	Investment seminars held regularly Astrea Investor Day events Market update webinars DBS Vickers daily newsletter
Market Analysis And Research	Award-winning DBS Group Research CLOVERS proprietary analysis model Daily market updates and newsletter Sector and stock-specific reports Economic insights from DBS economists
Demo Account Details	No demo account available
Trading Courses	Investment seminars and webinars Young Investor education resources No formal structured trading courses
Tax Reporting Help	Transaction history and daily/monthly statements available Trade confirmations mailed on T+1 Activity statements for record keeping Users responsible for own tax filing W-8BEN form required for US market trading

Regulation Overview	Regulated by Monetary Authority of Singapore (MAS) Capital Markets Services License holder DBS Vickers Securities (Singapore) Pte Ltd Co. Reg. No. 198600294G Subsidiary of DBS Bank, Southeast Asia's largest bank DBS named World's Best Bank by Euromoney Awards for Excellence 2025 Operating since 1986
Primary Regulator	Monetary Authority of Singapore (MAS)
License Number	DBS Vickers Securities (Singapore) Pte Ltd Co. Reg. No. 198600294G Capital Markets Services License
Investor Protection Scheme	Client assets segregated in custodian accounts Singapore Deposit Insurance Corporation coverage up to S$100,000 for SGD deposits CPF and SRS monies separately insured up to S$100,000 CDP sub-account for Singapore securities custody Backed by DBS Bank financial strength
Security Features	Two-factor authentication (SMS OTP) DBS/POSB iBanking secure login Data encryption Account activity monitoring Best Execution Policy Fair Dealing Commitment Vulnerability Disclosure Policy

Commission Tiers

Singapore (SGD): up to S$50,000 at 0.375% phone / 0.18% online / 0.12% Cash Upfront
Singapore: above S$50,000 to S$100,000 at 0.300% phone / 0.18% online / 0.12% Cash Upfront
Singapore: above S$100,000 at 0.225% phone
Same tiered structure applies to all 7 markets
Cash Upfront rates apply to buy trades only
Young Investor flat rates available for ages 18 to 25

Trading Fees

Singapore: 0.18% online (min S$27.25) or 0.12% Cash Upfront (min S$10.90)
United States: 0.16% online (min US$27.25) or 0.15% Cash Upfront (min US$19.62)
Hong Kong: 0.16% online (min HK$109) or 0.15% Cash Upfront (min HK$87.20)
Canada: 0.28% online (min CAD 31.61) or 0.25% Cash Upfront (min CAD 21.80)
United Kingdom: 0.30% online (min GBP 27.25) or 0.25% Cash Upfront (min GBP 21.80)
Australia: 0.30% online (min AUD 32.70) or 0.25% Cash Upfront (min AUD 21.80)
Japan: 0.30% online (min JPY 3270) or 0.25% Cash Upfront (min JPY 2180)
All rates inclusive of GST at prevailing rate

Stock Etf Commission

Singapore: 0.18% online (min S$27.25) or 0.12% Cash Upfront (min S$10.90)
US: 0.16% online (min US$27.25) or 0.15% Cash Upfront (min US$19.62)
US fractional (quantity less than 1): free until March 31, 2026
Young Investor: S$8.72 flat SG, US$6.54 flat US

Options Commission

Not available on DBS Vickers

Futures Commission

Not available on DBS Vickers

Financing Rates

DBS Share Financing available
Rates vary by account size and facility
Contact DBS Vickers for specific rates

Margin Interest Rate

Account-dependent, contact DBS Vickers for details

Overnight Fees

Not applicable for stock holdings
Margin interest applies for Share Financing positions

Non Trading Fees

Custody fee: S$2 per counter per month, capped at S$150 per quarter
Custody fee waived with 2+ transactions per month or 6+ per quarter
No account maintenance fees
No annual fees or minimum balance
SGX Clearing Fee: 0.0325%
SGX Trading Fee: 0.0075%
SGX Settlement Instruction Fee: S$0.35 per contract
Dividend collection: 1% of net dividend (varies by market)
Corporate action service fees apply per market
All fees subject to GST

Deposit Fee

S$0

Withdrawal Fee

Physical withdrawal: S$50 per counter
Scripless withdrawal: S$50 per counter
Cross border transfer: S$30 per counter

Inactivity Fee

S$0

Currency Conversion Fee

Multi-Currency Account settlement in 7 currencies
FX conversion via DBS MCA at DBS prevailing rates

Data Feed Fees

Free real-time quotes for SG, HK, US markets
Canada and UK quotes delayed by 15 minutes
Australia and Japan quotes delayed by 20 minutes

Order Modification Fee

S$0

Vip Fee Tiers

No formal VIP program
Cash Upfront mode provides reduced rates for all customers
Young Investor rates for ages 18 to 25

DBS Vickers

Overview

Pros

Cons

Key Highlights

Key Benefits

Available Tools

Detailed Information

Related Products

Pros

Cons