Located in the heart of southeast asia, singapore has established herself as one of the world's top trading nations, and is consistently recognized as the world's easiest place to do business (doing business 2007: how to reform, world bank report).. Online fx trading – dealonline book fx transactions wherever you are through dbs’ world-class forex platform book your foreign exchange transactions through dbs dealonline to access fx and forward rates up to a year in advance in order to manage your exposure and hedge your risk.. The requirements for opening a forex account have become simpler since the growth of online forex trading. today, opening a forex account is almost as simple as opening a bank account.. first, of course, you'll need to find a forex broker -- all retail forex trading goes through and is managed by a brokerage, which may be a specialized forex broker or the same brokerage you use for stock.
So you're in singapore and would like to do forex trading. is it really possible? of course! though forex trading in singapore is quite new compared to the markets of europe and north america, it is in full swing.. A pip is the last decimal quotation and the minimal movement of a currency pair. most currency pairs have 4 decimal places, 1 pip is the 4 th decimal place (0.000 1) in the currency quotation. for example, in eur / usd, a movement from 1.140 4 to 1.140 5 represents an increase of 1 pip.. Please be informed the bill payment service is in sgd denomination. if the home currency of your live account is in other currency denomination other than sgd, we will do a conversion from sgd to the home currency before crediting the amount into your live account. maybank singapore; dbs (dbs bank) hsbc (hong kong and shanghai banking corporation).
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