Get a fraction of the action with DBS Vickers.

*Flat commission rate refers to US fractional trades with quantity less than one

^Rates are inclusive of GST at the prevailing rate

*Free commission rate refers to US fractional trades with quantity less than one for young investor accounts only.

^Rates are inclusive of GST at the prevailing rate

1 share of AAPL is USD 220

With US fractional trading, you may cart out fractional shares for AAPL with just USD 100. You will also enjoy our promotional commission rate at USD 0.96 for this buy trade too!

With USD 100, you can own 0.4545 AAPL share

1 share of NFLX is USD 722

1 share of TSLA is USD 250

With US fractional trading, you may cart out fractional shares for both NFLX and TSLA. You will enjoy our promotional commission rate at USD 0.96 for each of these buy trades too!

With USD 200, you can own 0.1501 NFLX and 0.4 TSLA

USD 100 / USD 722 = 0.1385 NFLX share

USD 100 / USD 250 = 0.4 TSLA share

^Keep in mind that these examples don't include fees or charges.

Get USD $30 AAPL shares when you open a new account and make one US trade!

1. Open a new individual online trading account from now till 31 December 2024
2. Make one online US trade before 31 January 2025

Terms and conditions apply. Click here to find out more.

Get USD $30 AAPL share when you trade in US market.

1. Make at least six online US trades, each trade executed with at least 1 share or more. (e.g. 1, 1.1234, 100, 100.0005) 
2. Make the trades before 31 December 2024

Terms and conditions apply. Click here to find out more.

1. Trading Account must be on MCA settlement¹,
2. Trading Account activated for US Market trading² and
3. Acknowledge US Fractional Trading Disclaimer under Account Management

¹If you are not on MCA settlement yet, and keen to onboard, click here to find out more.

²Activation of US Market Trading, click here to find out more.

Fractional share trading allows investors to buy or sell fractions of a stock (i.e. 0.5 share of AAPL) instead of a whole share (i.e. 1 share of AAPL).

When trading with fractional shares on DBS Vickers, the orders have a minimum quantity of 0.0001 and a minimum order amount of USD 5 when opening a position.

Investor owning a fractional share means that he owns less than a whole share of the company.

Currently, S&P 500 stocks and selected ETFs are eligible for fractional trading.

DBS Vickers may adjust the eligibility of certain US Securities at any time. Closing a fractional position will not be affected by this adjustment.

Minimum value required is USD 5 (Price x Quantity), no maximum cap. This requirement is not applicable for sell orders.

1. Under Stock Search, key in the S&P 500 stock of your choice.
2. Select the Value tab.
3. Under Action, select "Buy".
4. Under Price, indicate the price.
5. Input the value in Contract Value field.

Note: For order input via value, the estimated quantity will be computed, and round down will be applied if the estimated quantity of the exact quantity has more than 4 decimal places.

Illustration of US Fractional buy order via value

You place a fractional buy order via value input of USD 50 and stock price USD 222.66

The estimated quantity will be computed based on value input/price. In this illustration, the estimated quantity will be USD50/ USD222.66 = 0.2245576…

Hence the estimated quantity will be rounded down to 0.2245

Individual Accounts (Aged above 25 years old)

*Flat commission rate refers to US fractional trades with quantity less than one

^Rates are inclusive of GST at the prevailing rate

Young Investor Accounts (Aged 18 – 25 years old)

*Free commission rate refers to US fractional trades with quantity less than one for young investor accounts only.

^Rates are inclusive of GST at the prevailing rate

No. Trades with filled quantity less than 1 will not be amalgamated when trades are of the same stock, currency, settlement mode and trade date as well as the same mode of trade.

Illustration 1:

You executed 3 trades today, 12^th September 2024:

1. Buy 0.5 shares of AAPL via Cash Settlement Mode
2. Buy 0.2 shares of AAPL via Cash Settlement Mode
3. Buy USD 100 value of AAPL via Cash Settlement Mode

These three trades will not be amalgamated as one contract. These three trades will be created as three separate contracts.

Yes. Trades with filled quantity more than or equal to 1 will be amalgamated when trades are of the same stock, currency, settlement mode and trade date as well as the same mode of trade.

Illustration 1:

You executed 5 trades today. 12^th September 2024:

1. Buy 2 Shares of AAPL via Cash Settlement Mode
2. Buy 5 Shares of AAPL via Cash Upfront Settlement Mode
3. Buy 10.88 Shares of AAPL via Cash Settlement Mode
4. Buy 0.8 Shares of AAPL via Cash Settlement Mode
5. Buy 0.08 Shares of AAPL via Cash Settlement Mode

The orders with quantity ≥1 will be amalgamated:

1. Buy 12.88 Shares of AAPL via Cash Settlement Mode will be created as one contract.
2. Buy 5 Shares of AAPL via Cash Upfront Settlement Mode will be created as one contract.
3. Buy 0.8 Shares of AAPL via Cash Settlement Mode will be created as one contract.

Buy 0.08 Shares of AAPL via Cash Settlement Mode will be created as one contract.

DBS Vickers does not accept fractional shares transfer in/out request.

Fractional shares will receive cash/ cash-in-lieu for corporate actions* (e.g. cash dividends, consolidation, bonus).

You will still be able to close off your existing positions. Please contact our Investment Service Centre at +65 6327 2288 option 1 to close off your existing position.