DBS Vickers Young Investor Account
At a Glance
Are you between the ages of 18 to 25 years? Do you have an interest in investing but don’t know where to start? Apply for a DBS Vickers Young Investor Account and gain access to a wealth of resources to help kick-start your investment journey. We’ll also set up a new DBS Multi-Currency Account (MCA) for you to make the settling of trades and dividend crediting convenient.
For a limited-time only, eligible customers can choose to receive 6 months of complimentary ProtectFirst insurance coverage* when they sign up for a DBS Vickers Young Investor Account. No hidden costs, no premium payment required.
*Promotion terms and conditions apply. Your coverage is subject to policy terms and conditions. Please refer to the product summary for more information.
Apply nowNot a digibank user? Get started
Just for young adults
Designed to help young investors start off on the right foot in their investment journey.
Flat commission pricing
Enjoy flat commission fees across all markets with no custody fee on foreign share holdings
Seminars and classes
Learn more about trading at our regular seminars and courses.
Reputable brokerages
Gain access to key global stock markets with DBS Vickers.
Promotion
Sign up for your DBS Vickers Young Investor Account today and enjoy these promotions!
Benefits
- Venture into the stock market with a bank-backed brokerage
- Gain access to trade in multiple capital markets
- Enjoy flat commission fee for all markets
- Zero custody fee for your foreign holdings
- More opportunities to grow your investment knowledge and trading skills with our investment seminars (sign up here today)
Commission Rates
Young investors with a DBS Vickers online trading account can enjoy flat commission rates for all markets (excluding market charges).
Commission Rate | ||
|---|---|---|
| Markets | Young Investor (YI) Account* (inclusive of GST) | Normal Vickers Trading Account*^ (inclusive of GST) |
| Singapore | SGD8.64 | 0.28%, min SGD27 |
| United States | USD6.48 | 0.18%, min USD27 |
| Hong Kong | HKD54 | 0.18%, min HKD108 |
| Australia | AUD17.28 | 0.35%, min AUD32.40 |
| UK | GBP12.96 | 0.35%, min GBP27 |
| Japan | JPY1404 | 0.35%, min JPY3240 |
| Canada | CAD8.64 | 0.50%, min CAD31.32 |
^Rates for cash trades as compared to Young Investor Account
*Prices will be subjected to GST at the prevailing rate, where applicable.
Eligibility & Fees
- Aged 18 to 25 years old
- Possess basic knowledge in investing
Account Types
- Individual Account
Multiply Your Money
How to Apply
To open a Young Investor Individual Trading Account, simply apply online through DBS digibank online or digibank mobile.
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.
Due to the high application volume, the processing time for account opening may take longer than usual.
Apply via digibank
Not a digibank user? Get startedDownload DBS digibank mobile
FAQ
Terms and Conditions
For more information
Call our Investment Service Centre Hotline
(65) 6327 2288
Operating hours: Monday, 6.30 a.m. to Saturday, 6.30 a.m (excluding PH)
In Collaboration with Manulife
ProtectFirst is issued and underwritten by Manulife (Singapore) Pte. Ltd. ("Manulife") (Reg. No. 198002116D) and distributed by DBS. It is not an obligation of, deposit in or guaranteed by DBS. This advertisement has not been reviewed by the Monetary Authority of Singapore.
This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for the policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Manulife or visit the Life Insurance Association or SDIC websites (www.lia.org.sg or www.sdic.org.sg).
*Promotion terms and conditions apply. Your coverage is subject to policy terms and conditions. Please refer to the product summary for more information.
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
