DBS Vickers Young Investor Account

FAQ

How can I be eligible for the Young Investor Trading Account?

If you are between the ages of 18 to 25 years old with a DBS Vickers online individual trading account, your trading account will automatically be considered a Young Investor Trading Account.  

I am currently 23 years old and I opened a DBS Vickers online trading account when I was 22 years old. How can I enrol for this new Young Investor Trading Account?

From 1 April, all existing individual online trading account whose account holders are between the age of 18 to 25 years old will be automatically included in this program.

How can I tell if my online trading account is a Young Investor Account?

The Commission rates charged for all markets will be a flat fee, regardless of your contract size. Commission rates does not include all out-of-pocket charges imposed by the respective exchanges. GST applies to all markets.

What happens after I turn 26 years old?

Your Young Investor Trading Account will be changed to a normal trading account. The conversion of the account will follow your birth year. i.e., you are born in 1998 and turn 25 years old in 2023. On 1 Jan 2024, your account will be converted to a normal trading account.

Terms and Conditions

Terms and Conditions Governing the new DBS Vickers Young Investor (YI) Account
  • This is applicable to all individual online retail clients with DBS Vickers Securities (Singapore) Pte Ltd (’DBS Vickers’) age between 18 to 25 years old.
  • Eligible clients are clients age between 18 to 25 years old based on their birth year. i.e., clients born in the year 1999 will be considered 25 years old in the year 2024.
  • Eligible clients are entitled to flat commission fee for all trades executed online. This is applicable to trades executed in any of the 7 online markets via dbsvickers.com, mobile trading and DBS/POSB iBanking
MarketsCommission Rate
(inclusive of GST)

Singapore

SGD 8.72 / HKD 54.50 / USD 6.54 / AUD 8.72 / EUR 6.54 / JPY 872 / GBP 6.54

US

USD 6.54

Hong Kong

HKD 54.50 / USD 6.54

Australia

AUD 17.44

UK

GBP 13.08 / USD 19.62 / EUR 17.44

Japan

JPY 1417

Canada

CAD 8.72 / USD 6.54

Commission, fees, and charges will be subjected to GST at the prevailing rate, where applicable.

  • Flat commission rates exclude any out-of-pocket market charges / fees imposed by the respective exchanges.
  • Eligible clients will also be entitled to zero custody fee for all foreign holdings
  • YI accounts will be converted to a normal trading account on a yearly basis, based on the birth year. i.e. YI born in the year 1998 will be converted back to a normal account on 1 Jan 2024.
  • DBS Vickers shall have the right to determine whether a client is entitled to receive the rate. The decision by DBS Vickers shall be final.
  • DBS Vickers’ terms and conditions governing trading shall apply. Participation is deemed acceptance of the terms and conditions herein.
  • DBS Vickers reserves the right to revise, delete and/or add to the above terms and conditions, and/or to suspend or terminate the rates at any time, at its sole and absolute discretion, without prior notice to you.

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