Cash Upfront

Cash Upfront

At a Glance

DBS Vickers Cash Upfront allows you to enjoy preferential commission rate when you trade Cash Upfront. You can trade cash front via our online trading platform through digibank online and DBS Vickers app*.

*Cash upfront via DBS Vickers app is only applicable to trading accounts that are linked with a Multi-Currency Account. Buy trades only.

Trade online with DBS Vickers today.

Rates

	Cash Trades		Cash Upfront Trades
	Rates (%)	Min.	Rates (%)	Min.
Singapore	0.28	27.25 SGD	0.12	10.90 SGD
Australia	0.35	32.70 AUD	0.25	21.80 AUD
Canada	0.30	31.61 CAD	0.25	21.80 CAD
Hong Kong	0.18	109 HKD	0.15	87.20 HKD
Japan	0.35	3270 JPY	0.25	2180 JPY
United Kingdom	0.35	27.25 GBP	0.25	21.80 GBP
United States	0.18	27.25 USD	0.15	19.62 USD

Learn more about our full pricing here.

How to Apply

To open Online Trading Account (Individual Account)

Open a trading account online anytime at your own convenience. Simply login via your DBS/POSB iBanking account to complete your application online.

If you wish to trade in the Singapore securities market, you’ll also need to open a Central Depository (CDP) account. If you do not own a CDP account, you may open one here before applying for a DBS Vickers Online Trading Account.

Apply nowApply via digibank

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Apply via Digibank app

Don't have the Digibank mobile application? Simply download the app today!

You will need to have an existing DBS/POSB Current/Savings account to open a DBS Vickers trading account through DBS digibank online or digibank mobile.

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Frequently Asked Questions

What is DBS Vickers Cash Upfront?

DBS Vickers Cash Upfront is a settlement mode in which you will need to top up sufficient cash into your multi-currency account (MCA) or trading account before placing a trade.

Note:

For non-MCA linked trading account, you will need to log in to your DBS/POSB iBanking account to access your DBS Vickers Cash Upfront settlement mode.
For MCA linked trading account, you can log in to your DBS/POSB digibank or DBS Vickers app to place Cash Upfront trade.
Cash Upfront is only applicable to Buy Trades.

How do I trade using Cash Upfront?

If you are placing an order on the online trading platform through DBS/POSB digibank, please select “Cash upfront” under the Account selection to enjoy the preferential commission rate.

If you are placing an order via DBS Vickers app, please select “Cash upfront” under the Settlement Mode selection.

How do I top up cash into my Multi-Currency Account?

For Cash Upfront trades, you may perform fund conversion via your MCA account in DBS/POSB iBanking. Funds will be earmarked in accordance to the contract size of the trade plus charges on trade date, and debited from your MCA account on settlement date. Please ensure that you have sufficient funds in the traded currency in your MCA wallet before placing a trade.

What are the markets that I can trade via DBS Vickers Cash Upfront?

For trading accounts linked to a Multi-Currency Account, you will be able to trade in all 7 online markets available on our platform.

Note:

You will need to log in to your DBS/POSB iBanking account to access your DBS Vickers Cash Upfront.
Cash Upfront is only applicable to Buy Trades.

How would I know if the trade rebate has been credited into my account?

You may view your trade rebate by logging into your DBS Vickers platform, click on My Account -> History -> Account Activity page. Alternatively, you may also refer to your daily and/or monthly statement.

For more information on other accounts and trade related FAQ, please click here