- Trading
- Instrument Specifications
- Currency Pairs
- USD / SGD Investing
Trade Dollar Singapore dollar with IFCM
USD/SGD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 5 | 5 | 5 |
| Floating Spread, pip | 4 | 4 | 5 |
| Order distance, pip | 10 | 10 | 10 |
| Swap, pip (Long/Short) | 0.28 / -1.30 | 0.28 / -1.30 | 0.28 / -1.30 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 USD | 100.00 – 100000.00 USD | >=100.00 USD |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 SGD | 10 SGD | 10 SGD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 5 | 5 | 5 | 5 |
| Order distance, pip | 10 | 10 | 10 | 10 |
| Swap, pip (Long/Short) | 0.28 / -1.30 | 0.28 / -1.30 | 0.28 / -1.30 | 0.28 / -1.30 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 SGD | 10 SGD | 10 SGD | 10 SGD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 4 | 4 | 5 | 4 |
| Order distance, pip | 10 | 10 | 10 | 10 |
| Swap, pip (Long/Short) | 0.28 / -1.30 | 0.28 / -1.30 | 0.28 / -1.30 | 0.28 / -1.30 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 USD | 100000 USD | 100000 USD | 100000 USD |
|
1 pip value per 1 lot | 10 SGD | 10 SGD | 10 SGD | 10 SGD |
USD/SGD Trading Hours
USD/SGD trading hours are the time when investors can buy and sell USD/SGD. The USD/SGD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade USD/SGD during different trading hours. Depending on where you live, you may be able to trade USD/SGD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when USD/SGD trading hours begin and end.
US Dollar vs Singapore Dollar
Type: Minor cross pair
USD/SGD shows how many Singapore dollars are necessary to buy one US Dollar. The SGD, also known as the "Sing", was introduced in 1965 and is issued by the Monetary Authority of Singapore. Real GDP growth in Singapore is very strong and it is in the list of the world’s top five financial centers.
USDSGD Trading
USDSGD shows how many Singapore dollars are necessary to buy one US Dollar. The SGD, also known as the "Sing", was introduced in 1965 and is issued by the Monetary Authority of Singapore. Real GDP growth in Singapore is very strong and it is in the list of the world’s top five financial centers. This pair presents how many Singapore dollars are needed to trade USDSGD. For a deeper understanding of how to trade currency pairs, for example, USDSGD, you will need to know about the bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
Currency Pair USDSGD | Forex | Minor
The US dollar (USD, “Greenback”) is the most widely traded currency in the world. The issuer is the Federal Reserve System(the Fed).
- Is the most popular reserve currency, held by central banks, financial institutions and private investors
- Is considered as a “safe haven” currency in periods of instability due to universally recognized reliability of the US economy
- Is used as a standard payment unit in commodity markets
