You can hold funds and convert currency between SGD and USD in the Brokerage app.
Please refer to this guide on how you can convert currency in the Brokerage app:
Please note that if you had recently executed a sell trade, there is a 1 business day settlement period for US market and 2 business days settlement period for Singapore and Hong Kong market before you can convert the funds.
What is the exchange rate when exchanging currencies?
Syfe provides an indicative exchange rate that may vary a little at the exact time of conversion. The indicative exchange rate will be shown to you in the 'Convert currency' page before you submit your currency conversion request.
How long do currency exchanges take?
Currency conversions are real-time. However, if you encounter any issues please reach out to our Client Success Team.
Can I exchange currencies over the weekend?
Yes, currencies can be converted 24/7.