Restricted Countries
Not disclosed; mTrading app indicated for Singapore account holders only.
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Singapore bank-backed online securities broker from DBS Vickers, focused on SGX/CDP-linked and global market equity trading via web, digibank and mobile app.
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76
/100
Overall
Overall is usable, but check the supporting evidence and caveats.
Headline score from research fields, regulation evidence, and scoring payload.
Singapore residents using DBS/POSB · CDP-linked SGX share investors · Investors who want web/mobile access to seven markets
Entity, country restrictions, and high-risk fee fields should be checked carefully.
Before you decide
Withdrawal Fee
Cash withdrawal fee not explicitly found; foreign securities withdrawal SGD 50 per counter plus out-of-pocket charges; equities transfer-in no fee.
Negative Balance Protection
Not disclosed / not applicable to standard cash securities brokerage in reviewed public materials.
Investor Compensation
No explicit statutory investor compensation scheme disclosed; custody arrangements carry risks and overseas protections may differ.
Restricted Countries
Not disclosed; mTrading app indicated for Singapore account holders only.
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Important disclosure
Availability, fees, investor protection, and regulation can vary by country and legal entity. Verify the broker and regulator details directly before opening an account.
76
/100
Overall score
Overall score is usable, but check the supporting evidence and caveats.
Trust looks strong, with high-confidence evidence. Still verify country/entity terms.
Withdrawal is usable, but check the supporting evidence and caveats.
Availability
Availability can vary by legal entity, account type, and local regulation. Treat this as a shortlist signal and verify details with the broker before opening an account.
Not disclosed; mTrading app indicated for Singapore account holders only.
SourceEvidence
Monetary Authority of Singapore (MAS)
SourceCapital Markets Services Licensee; Exempt Financial Adviser; Singapore Co. Reg. No. 198600294G
SourceDBS Vickers Securities (Singapore) Pte Ltd
SourceNot disclosed / not applicable to standard cash securities brokerage in reviewed public materials.
SourceNo explicit statutory investor compensation scheme disclosed; custody arrangements carry risks and overseas protections may differ.
SourceNo initial deposit or fee is required to open an account; cash-upfront trades require sufficient prefunded cash before placing a trade.
SourceNot applicable to disclosed cash equities brokerage pricing; pricing is commission/minimum-fee based.
SourceCash trades: Singapore 0.28% min SGD 27.25; US 0.18% min USD 27.25. Cash Upfront: Singapore 0.12% min SGD 10.90; US 0.15% min USD 19.62.
SourceNot disclosed; mTrading app indicated for Singapore account holders only.
SourceCommon stock; US fractional shares; REITs; retail bonds; collective investment schemes; exchange-traded derivatives contracts
SourceDBS Vickers Online Platform; DBS Vickers mTrading App; DBS/POSB digibank online access
SourceDBS Vickers Online Trading Account; Cash Upfront settlement; Young Investor Account; MCA-linked trading
SourceVS next
These brokers share similar type or asset-class signals. Open the VS page to compare regulation, cost, platforms, withdrawals, and caveats side by side.
Overall 91 · Trust 100
Not disclosed for standard online securities account; share financing/margin terms exist but no maximum leverage ratio found.
SourceNo initial deposit or account-opening fee; no annual, maintenance or minimum balance fees disclosed.
SourceCash withdrawal fee not explicitly found; foreign securities withdrawal SGD 50 per counter plus out-of-pocket charges; equities transfer-in no fee.
SourceNo annual, account maintenance or minimum balance fees; inactivity fee not specifically disclosed.
SourceDBS/POSB iBanking; DBS Multi-Currency Account; GIRO; EPS
SourceGIRO; EPS; DBS Multi-Currency Account; DBS Multiplier account
Source
Overall 91 · Trust 100

Overall 91 · Trust 100