A 0.5% transaction fee is incurred when you purchase and sell Portfolios via your Hugosave App. The minimum charge for the transaction fee will be S$0.02 as this is the minimum legal tender.
The transaction fee applies to all transactions client buy and sell orders as well as monthly transaction schedules.
When you are selling Portfolios from your Hugosave App, a 0.5% transaction fee will be deducted from your sales proceeds and the balance amount will be credited to your Hugosave Save Account.
When you are executing a transaction, you’ve deemed to have understood and agreed to the transaction fees charged. Any payment by Hugosave to you will be net of any bank charges, or any other charge which Hugosave may at any time be required by law to withhold