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Anonymous

15 Jul 2020

∙

General Investing

Hi is there any way to change the base currency of my SAXO account from SGD to USD, without the need to open a sub-account? Cause I don't want to absorb extra fees for my buy/sell orders for US stocks?

Saxo customer support doesn't allow base currency changes

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Maisul

15 Jul 2020

Youtuber at Google (Channel : Say Do Invest)

SADLY NO. I have contacted support and they gave me the same reply.

It's an expensive mistake but there is no way around it apparently.

Currency conversion wont matter much if you hold your shares for the long term but if you keep buying and selling then yes, USD makes more sense.

I am still on my SGD account and I am in the process of opening a sub account.

If you are interested to know more about saxotradergo platform do consider visiting my youtube channel : say do invest

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What is the best brokerage platform to start investing in US stocks/UTs? I have a DBS Multiplier(multi-currency contains SGD & USD) account and recently opened a Saxo account(yet to start investing)?

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