Anonymous

15 Oct 2020

∙

General Investing

Hi, I am new to the fsmone. I tried to invest in a particular stock in usd but my amount is in sgd. So do I do the exchange manually or it will auto convert when i confirm my order?

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Yang Teng

15 Oct 2020

You can go to 'cash solution' and then 'foreign currency exchange' for your conversion.

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Hi all! What are your thoughts on converting SGD to USD through FSMone vs Transferwise, for a monthly investment of amount 300 SGD for RSP? Which is more cost-efficient based on your experience?

With regards to FSMone's RSP foreign currencies ETF, would FSMone auto convert SGD to the respective currencies for the RSP or do I have to manually convert money to the respective currencies?

Is it common to use platforms like TransferWise to convert your SGD to USD to invest in US stock market or people generally let their banks/brokers convert at their rates + any conversion fees?

For RSP FSMone, if i want to invest in IVV (S&P500), do i have to convert from SGD to USD before it can start investing in IVV for me?

Hi has anyone here used Tiger Brokers? May I ask if there are any conversion fees when converting SGD to USD and vice versa? And am I able to keep my cash in terms of USD after I sell my US stocks?