Pricing
Investment Products
The investment products offered are unleveraged financial instruments that you can purchase and invest money into with the objectives of capital returns and income yields.
Capital appreciation and income distribution are two standard classifications for investment products.
The unleveraged investment products offered include equities, bonds, exchange-traded funds (ETFs) and mutual funds.
Equities and ETFs
Stocks. Shares. Equities. Just different names for the way stock markets provide us with the opportunity to invest in individual companies listed on global exchanges.
Exchange Traded Funds are baskets of stocks or bonds that track the price movement of indices. They trade on exchanges just like stocks, and their prices fluctuate throughout the day. ETFs allow us to access many different stocks or bonds in just one transaction, and lower fees.
Asia Pacific
| Exchange | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| Singapore Exchange Promotion Rate* |
0.06% (min. SGD 0)* |
0.06% (min. SGD 0)* |
0.06% (min. SGD 0) |
| Australia Securities Exchange | 0.10% (min. AUD 8) | 0.09% (min. AUD 7) | 0.08% (min. AUD 6) |
| Hong Kong Exchange | 0.15% (min. HKD 40) | 0.12% (min. HKD 30) | 0.08% (min. HKD 20) |
| Shanghai Stock Exchange | 0.12% (min. CNH 40) | 0.11% (min. CNH 30) | 0.10% (min. CNH 20) |
| Shenzhen Stock Exchange | 0.12% (min. CNH 40) | 0.11% (min. CNH 30) | 0.10% (min. CNH 20) |
| Bursa Malaysia | 0.15% (min. MYR 30) | 0.12% (min. MYR 25) | 0.09% (min. MYR 20) |
North America
| Exchange | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| American Stock Exchange | Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
| New York Stock Exchange (Including ARCA) |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
| NASDAQ (Including NSC) |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
Stock price < USD 10 USD 0.01/Share (min. USD 5) — Stock price ≥ USD 10 USD 5 |
| Toronto Stock Exchange | CAD 0.03/Share (min. CAD 15) |
CAD 0.02/Share (min. CAD 12) |
CAD 0.015/Share (min. CAD 10) |
| TSX Venture Exchange | CAD 0.03/Share (min. CAD 15) |
CAD 0.02/Share (min. CAD 12) |
CAD 0.015/Share (min. CAD 10) |
| OTC Markets Group | USD 25 (0.25% if >USD 50K) |
USD 25 (0.23% if >USD 50K) |
USD 25 (0.21% if >USD 50K) |
Europe
| Exchange | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| Euronext Amsterdam | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| Euronext Brussels | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| Euronext Dublin | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| Euronext Lisbon | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| Euronext Paris | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| NASDAQ Copenhagen | 0.10% (min. DKK 65) | 0.09% (min. DKK 60) | 0.08% (min. DKK 55) |
| NASDAQ Helsinki | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| NASDAQ Stockholm | 0.10% (min. SEK 65) | 0.09% (min. SEK 60) | 0.08% (min. SEK 55) |
| BME Spanish Exchanges | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| Deutsche Börse Xetra | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| London Stock Exchange | 0.10% (min. GBP 7) | 0.09% (min. GBP 6) | 0.08% (min. GBP 5) |
| London Stock Exchange (IOB) | 0.10% (min. USD 9) | 0.09% (min. USD 8) | 0.08% (min. USD 7) |
| Milan Stock Exchange | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
| Oslo Stock Exchange | 0.10% (min. NOK 65) | 0.09% (min. NOK 60) | 0.08% (min. NOK 55) |
| SIX Swiss Exchange | 0.10% (min. CHF 10) | 0.09% (min. CHF 9) | 0.08% (min. CHF 8) |
| Vienna Stock Exchange | 0.10% (min. EUR 10) | 0.09% (min. EUR 9) | 0.08% (min. EUR 8) |
Algorithmic orders
Algorithmic (Algo) orders are available for both Cash Stocks and Single Stock CFDs with the following additional commissions:
| US Exchanges | 0.5 cents per share (CPS) |
| Europe & Asia Pacific Exchanges | 0.03% of notional value |
Bonds
Bonds or Fixed Income are a form of debt issued by a company or sovereign nation. When we buy bonds, we have a legal right to receive income for owning them. Bond prices typically do not fluctuate as much as stocks, and are therefore considered as more “conservative” investments versus buying stocks.
United States
| Online Tradeable Bonds | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| United States Government Bonds | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) |
| United States Corporate Bonds | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) |
Europe
| Online Tradeable Bonds | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| Euoprean Government Bonds | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) |
| European Corporate Bonds | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) |
Emerging Markets
| Online Tradeable Bonds | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| Emerging Markets Bonds | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) | 0.25% (min. EUR 80) |
Mutual Funds / Unit Trusts
Mutual Funds or Unit Trusts are investments that let us access a basket of assets, most often stocks or bonds, or hard-to-access assets like property. They are similar to ETFs, but aren’t listed on stock exchanges and are actively managed by fund managers to achieve specified investment objectives. Unit prices are determined just once a day, and often the fees paid to the fund manager are higher.
| Funds | Rookie SGD 19,999 and below |
All-Star SGD 20,000 – 50,000 |
Hall of Fame SGD 50,001 and above |
| Mutual Funds |
No commission or performance fee charged[Ongoing charges (including management fees) will apply] |
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| Unit Trusts | |||
