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Anonymous

08 Jan 2021

∙

General Investing

If I plan to buy a US ETF on Tiger Brokers, I have to deposit USD? Or can i deposit SGD and they auto-convert it to USD for me?

Do I have to deposit USD on Tiger Brokers?

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Kok Hong

08 Jan 2021

Both also can, see which currency u have on hand. If it's sgd u can exchange to usd in the app, now they not charging currency conversion fees

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Rahul Wadhwa

07 Jan 2021

Student Ambassador 2020/21 at Seedly

Hi Anon,

As Rachelle has mentioned, you can deposit in SGD.

Alternatively if you already have USD you can deposoit in USD too. Currently only DBS has no wire-in fees.

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Rachelle Lye

07 Jan 2021

Digital Marketing at Fintech

Hey Anon!

Yep you can deposit in SGD!

Under your Profile,

Under 'My Accounts', Click on 'Tig...

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I want to buy US ETFs (eg. S&P 500 ETF) while working and earning SGD in Singapore. Considering (i) commissions and (2) conversion rates from SGD to USD, which online broker is the cheapest?

Hihi, I wld like to use FSM to RSP US-listed ETFs mthly but I'm not sure how the FX works or how my SGD will be converted to USD to buy the ETFs. Grateful if can help break it down for me pls. Tyvm. Any advice?

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