By MoneyBees
Work out the full cost of an SGX trade: your broker's commission or minimum, SGX's 0.0075% trading and 0.0325% clearing fees, 9% GST, CDP vs custody, and the break-even on a buy and sell.
Your broker's commission, SGX's trading fee of 0.0075% and clearing fee of 0.0325% of the traded value, and 9% GST on all three. Your broker collects them on the contract note.
Yes. IRAS says broking commissions are not exempt financial services, so 9% GST applies. SGX also charges GST at the prevailing rate on its trading and clearing fees.
You pay the higher of the commission rate times the trade value and the minimum. At 0.08% with a S$2 minimum, any trade below S$2,500 pays S$2, which is a bigger share of a small trade.
No. IRAS says CDP's electronic transfer of scripless shares listed on SGX is exempt from stamp duty.
A CDP account holds shares in your own name, with no CDP maintenance fee, and you are recognised as the shareholder of a Singapore company. In a custody account your broker holds the shares for you in a sub-account at CDP.
CDP charges S$0.382 per settlement instruction, GST included, when an exchange trade settles into a depository agent's account. Whether you pay it depends on your broker.
Usually. From 5 Oct 2026, stocks SGX selects in its quarterly review trade in lots of 10 shares if priced above S$10 up to S$100, and 1 share above S$100. The first 11 stocks move on 5 Oct 2026.
Add the cost to buy and the cost to sell and divide by the amount invested. On S$3,500 at 0.08% with a S$2 minimum, the round trip costs S$9.16, so the price must rise about 0.26%.
Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).