You can hold funds and convert between SGD, USD and HKD directly in the Brokerage app.
Follow the steps in the guide below to convert the funds:
Currency Conversion and Exchange Rates
Syfe applies an indicative exchange rate, which may vary slightly at the time of execution. The rate will be displayed before you confirm the conversion on the ‘Convert Currency’ page.
Conversions are processed in real time and are available 24/7, including weekends. After execution, you can view the actual exchange rate under ‘Conversion History’ page.
When can I convert funds after a trade?
Funds must first settle before they are available for conversion. You can only convert funds once the trade has fully settled. Settlement times vary by market:
| Market | Settlement Time |
|---|---|
| U.S. market | T+1 business day |
| Singapore market | T+2 business days |
| Hong Kong market | T+2 business days |
