facebookDo I need to convert my SGD to USD in interactive broker to buy ETFs? - Seedly

Do I need to convert my SGD to USD in interactive broker to buy ETFs?

If so, how do I do it? Or it will automatically convert my SGD to USD? Another newbie kind of question haha.

Discussion (14)

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Zachary Teo

07 Jul 2020

Art Director at Ad Agency

Yes you have too! Haha if you're buying US ETFs, do transfer and convert it inside the app. Love their spot exchange rate!

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I have done that in mobil App but it was rejected. Please advise.​​​

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Wouldn't it be cheaper to convert via Transferwise?...

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