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| DBSVefx platform |
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| Click
here a Quick Walkthrough |
| About DBS Vickers |
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DBS Vickers Securities Singapore is a member of the Singapore Exchange and one of the country's leading securities houses. DBS Vickers Securities is the securities and derivatives arm of the DBS Group, one of the largest banking groups in Southeast Asia.
The DBS Vickers Securities Group has full stockbroking licenses in Singapore, Hong Kong, Thailand, and Indonesia, as well as offices in London, New York, and Malaysia. In addition, we have a representative office in Shanghai. |
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| Trading with DBS Vickers |
Secure Your Funds
Strict Corporate Governance
Competitive Spreads on Majors and Tightest Spreads on SGD
 Crosses
Automated Click and Deal Trading
Multicurrency Deposits and Withdrawals
Interest paid on cash balance
System Reliability
24 Hours, 5 Days A Week network support
Robust Risk Management Technology
User-friendly Trading User Interface
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| Important Update on 2FA |
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Replacement of First Generation DBS iB Secure Device
(For DBS iBanking Customers)
DBS Bank will be progressively replacing their First Generation DBS iB Secure Device. You will be able to use your New Generation DBS iB Secure Device on DBS Vickers Online/ DBSVefx within 48 hours after you have registered it at DBS iBanking.
Please continue to use your existing First Generation DBS iB Secure Device for trading until you are prompted at the trading site to use the New Generation DBS iB Secure Device.
Find out more
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| Cessation of DBSVefx Service |
Kindly be informed that DBS Vickers will be discontinuing its FX margin trading (DBSVefx) service on 29 May 2013. Today,
DBS Bank already offers similar margin FX products and a decision was taken to align the businesses within the group.
You can potentially avail yourselves of a wider array of financial products with the bank including FX Margin Trading Line,
Structured Deposits, Bonds, Unit Trusts and Bancassurance Products.
Click here for more information
Click here for FAQs
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| Fractional Pip Pricing For All Currency Pairs and Spot Gold |
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We are pleased to introduce fractional pips pricing on all tradable currency pairs and spot gold on DBSVefx.
With this launch, DBSVefx now offers prices in tenths of a pip to provide tighter spreads.
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Prices in tenths of a pip to
provide tighter spreads
The last digit represents a
tenth of a pip.
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BENEFITS
Take advantage of smaller price increments and movements in the market.
For example, instead of quoting EUR/USD prices with four decimal places (1.2124/ 1.2128), we now quote the pair as 1.21248/ 1.21273, with five decimal places. The pip value for a EUR/USD 100,000 is $10 and the value of the fractional pip is $1.
Reduces bid/ask spreads and lower costs of trading.
Clients will also enjoy lower costs of trading from the tighter spreads, as we now offer spreads as low as 2.5 for USD/JPY and EUR/USD and 3 for AUD/USD.
Click here to start trading.
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| Spot Gold (XAU/USD) Trading |
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Trading spot gold is similar to trading spot FX. You can now buy or sell spot gold against the US Dollar, the same way as you would trade currency pairs.
Click here to view a trade example
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| Risk Warning - Futures and Leveraged Foreign Exchange Trading |
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| Effect of 'Leverage' or 'Gearing'
Transactions in futures and leveraged foreign exchange carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract or leveraged foreign exchange transaction so that the transaction is highly 'leveraged' or 'geared'. A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit; this may work against you as well as for you. You may sustain a total loss of the initial margin funds and any additional funds deposited with the firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice in order to maintain your position. If you fail to comply with a request for additional funds within the specified time, your position may be liquidated at a loss and you will be liable for any resulting deficit in your account. You should first seek advice from an independent financial adviser regarding the suitability of transacting in futures and leveraged foreign exchange, taking into account your specific investment objectives, financial situation and/or your particular needs before you make a commitment to carry out such transactions in futures and leveraged foreign exchange. In the event you choose not to seek advice from a financial adviser, you should consider carefully whether carrying out transactions in futures and leveraged foreign exchange is suitable for you.
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