Buying power is the total amount available in your account for trading. It combines your balances across different currencies, converted using current exchange rates.

Your buying power may differ by market since it depends on the currency used for trading in that specific market. In simpler terms, the buying power for each market includes the market’s main currency balance (both settled and unsettled) and any settled balances you hold in the other supported currencies.

For example, when buying a USD-denominated ETF, your buying power will consist of both the settled and unsettled USD balances, as well as the settled balances of SGD, HKD, EUR and GBP. 

For more details on how this applies to your buying power across other markets, please refer to the table below:

For clarity, please refer to the example below.

What are Settled and Unsettled Balances?

• Settled balance → Funds available for both trading and withdrawal to your bank account.
• Unsettled balance → Funds available for trading only, not withdrawal yet. This typically includes:
  • Proceeds from recent sell trades (settlement period: T+1 for US, T+2 for Singapore, Hong Kong).
  • Cash rewards from promotions.

Example:

Account Balances $

Exchange Rates

Note: Exchange rates used above are for illustration purposes only.

Buying Power Calculations