Young Investor Account

DBS Vickers Young Investor Account

Trading Account specially designed for young investors aged 18 to 25 years old.

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.


Apply now

Not 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

Open a new DBS Vickers online trading account and make a cash upfront trade on the DBS Vickers app by 31 December 2022 to receive a S$30 cash reward.

Click here to learn more.

 

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

Normal Vickers Trading Account*

Singapore

SGD8

0.28%, min SGD25

United States

USD6

0.18%, min USD25

Hong Kong

HKD50

0.18%, min HKD100

Australia

AUD16

0.35%, min AUD30

UK

GBP12

0.35%, min GBP25

Japan

JPY1300

0.35%, min JPY3000

Canada

CAD8

0.50%, min CAD29

* Rates for cash trades as compared to Young Investor Account

GST at prevailing rate on commission applies to all markets. For Singapore market, GST applies to the Clearing Fee (CDP imposed) and SGX Trading Fee as well.

 

Eligibility

  • 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

Apply now
Not a digibank user? Get started

Download DBS digibank mobile

  


Contact me

We’ll be in touch (For foreign tax residents).

 

Frequently Asked Questions

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.

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.

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 apples to all markets.

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 1997 and turn 25 years old in 2022. On 1 Jan 2023, your account will be converted to a normal trading account.

 

Terms and Conditions

  • 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 1997 will be considered 25 years old in the year 2022.
  • 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 www.dbsvickers.com, mobile trading and DBS/POSB iBanking
    Market Commission Rate (without GST) Commission Rate (inclusive of 7% GST)

    Singapore

    SGD 8 / HKD 50 / USD 6 / AUD 8 / EUR 6 / JPY 800 / GBP 6

    SGD 8.56 / HKD 53.50 / USD 6.42 / AUD 8.56 / EUR 6.42 / JPY 856 / GBP 6.42

    US​

    USD 6

    USD 6.42

    Hong Kong​

    HKD 50 / USD 6

    HKD 53.50 / USD 6.42

    Australia

    AUD 16

    AUD 17.12

    UK

    GBP 12 / USD 18 / EUR 16

    GBP 12.84 / USD 19.26 / EUR 17.12

    Japan

    JPY 1300

    JPY 1391

    Canada

    CAD 8 / USD 6

    CAD 8.56 / USD 6.42
  • 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 1997 will be converted back to a normal account on 1 Jan 2023.
  • 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.

Earn 5X interest on a DBS Multiplier Account

When you trade with DBS Vickers Young Investor Account

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