facebookHi Saxo users, what’s a better way to withdraw from Saxo if you have a USD account? - Seedly

Anonymous

02 Oct 2020

General Investing

Hi Saxo users, what’s a better way to withdraw from Saxo if you have a USD account?

  1. Saxo USD to DBS SGD
    Or
  2. Saxo USD to DBS MCA USD to DBS SGD
    ThanK you!

Discussion (3)

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Maisul

02 Oct 2020

Youtuber at Google (Channel : Say Do Invest)

In my opinion, monitor the currency exchange and withdraw it when USD is of better value than SGD.

I face this problem too and i have made in depth tutorial on how to tackle this issue.

My main account is in SGD and my SUB account is in USD.

So as and when i track that the currency exchange is better , initiate transfer between accounts, that way, I dont let saxo gobble up all the forex fees.

BUT opening a sub account requires a minimum funding of 10k.

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