Solutions to Everyday questions. Investing in yourself with knowledge.
Currency Pairs USD/ SGD USD = base currency SGD = quote currency i.e Buy USD, sell SGD Minimum Price Increment: 0.00001 ( 0.1 pip) Settlement: T+2 e.g USD.SGD 1.3703 means 1 USD is worth 1.3703 SGD So the ideal rate is 1:1 ie. Using 1 SGD to exchange for 1 USD Trading Hours Forex trades 24 hours…
Disclosure: Some of the links below are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through to make a purchase. Interactive Broker (affiliate link) requires to convert the base currency, SGD to USD before you are able to trade in the US market. Buy USD,…