facebookCan I fund my Saxo account with my UOB Mighty FX USD account to trade in USD while it currently has SGD in my Saxo account? Or is it only possible to have one currency in my Saxo account? - Seedly

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Anonymous

07 Apr 2021

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General Investing

Can I fund my Saxo account with my UOB Mighty FX USD account to trade in USD while it currently has SGD in my Saxo account? Or is it only possible to have one currency in my Saxo account?

Discussion (1)

What are your thoughts?

Saxo Markets

Saxo Markets

07 Apr 2021

You may consider creating a USD sub-account and holding both SGD and USD currencies.

https://www.help.saxo/hc/en-sg/articles/3600012...

With that, you will have the option to either fund and maintain USD in your USD sub account, and/or convert your funds in your SGD account to your USD account at a currency conversion fee of +/- 0.3%

Deposit and Transfer Sub-account transfer

https://www.home.saxo/en-sg/rates-and-condition...

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