facebookHow do you usually fund your US equity? (Do you transfer SGD to the broker then use their platform or rather open a multi-currency account from a bank, etc)? - Seedly

Advertisement

Anonymous

17 Nov 2020

βˆ™

Stocks

How do you usually fund your US equity? (Do you transfer SGD to the broker then use their platform or rather open a multi-currency account from a bank, etc)?

Which is the best method to fund US equities?

Discussion (3)

What are your thoughts?

Learn how to style your text

Depending on what the platform supports.

If it doesn’t support external USD account funding, will transfer SGD and convert using the platform.

If it supports other methods of funding, will use multi-currency account.

View 1 replies

For POEM
Just transfer from bank to the platform with SGD
Then when buying US stock, u can settle with SGD/USD. Select SGD it will auto change for u.

For Interactive broker
Normally i can convert SGD on their platform

Write your thoughts

Advertisement