TD Ameritrade forex spread and Referral promotion?

Im looking to switch to TD Ameritrade for my US stocks. Currently i am using Saxo which is having a low commission of minimum $4 usd but comes with a 1.5% forex spread when opening and closing a position.

Anyone knows what is the forex spread for TD Ameritrade and also they are having a promotion of $88 usd for referrals, anyone care to hit me up and share the referral fee?

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Liam Lim Yu Zheng

19 Oct 2020

Edit on 19 Oct 2020: referral seems to have ended early oct 2020, from my phonecall with them. In fact, you dont see it on their website anymore

Anw...

TD allows you to wire SGD in directly, especially if you use POSB/DBS (TD converts to USD for you, @ good rates!), no need to convert forex with your bank, i've been doing it since forever. See here! https://www.tdameritrade.com.sg/why-td-ameritra...

How good are the rates... On 10 Aug 2020, XE's sgd:usd was 1.3728, but the eventual exchange rate when wired into my TD acc was 1.3745. Not too shabby!

(and nope, you cant exchange currencies within TD itself - you dont actually need to, from my sharing above)

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