Anonymous

05 Jun 2020

∙

General Investing

What are the platforms that you are using to convert SGD to USD for the purpose of funding US stock purchase?

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Boon Peng

05 Jun 2020

Hello! I used to trade using interactive broker, and the FX rate was 0.05%, or $5 for every $10,000. Seems like a good deal for me.

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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?

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?

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Related Posts

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?

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?

How does one invest syfe equity 100? Does he/she direct transfer fund from bank SGD to let Syfe to convert to USD or use Revolut to convert to USD then fund in Syfe?

Funded sgd into Saxo and they did the conversion to USD for my purchase of USD stock last year. Now they say I can fund USD directly to my ac. How come?

Funded Saxo with sgd for buying US stocks. Now is USD account. Can I still transfer SGD to buy SG shares? Will Saxo show 2 different balances ie. SGD and USD?