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khaos83_2000 Registered User
Join Date: Jan 2008
Posts: 1,112
Trade rep: 100%
Where can I trade foreign currencies khaos83_2000 Jul 1st, 09, 03:04 PM #1 (permalink)
I am starting with a low SGD$5,000 and I wish to trade foreign currencies.
Please recommend a place/company trade, open to online and offline.

Im new to this so please forgive me if I miss some details.
 
Mo21
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Join Date: Feb 2003
Location: Singapore
Posts: 265
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Mo21 Jul 1st, 09, 04:56 PM #2 (permalink)
i recommend Saxo capital markets... your min trading size where you just pay the spread is half a lot though a bit much for your 5k account.

alternatively try MIGfx ...swiss broker...using MT4 platform...spreads are quite tight

also there is OANDA overseas...they allow SGD denominated accounts.

i use saxo because the client accounts are guaranteed by the MAS...also feel safer keeping my money in singapore.
AMD user.
 
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