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Trade Responsibly. TNXTrade is not regulated by the JFSA and is not engaging in any action(s) which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.TNXTrade is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents.Trade Responsibly.Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.90% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
TNXTrade is not regulated by the JFSA and is not engaging in any action(s) which may be deemed to constitute a solicitation of financial services; this translated page is not intended for Japanese residents.TNXTrade is not regulated by the Brazilian Securities Commission; this translated page is not intended for Brazilian residents.Invest Responsibly: Trading CFDs involves significant risks.

GBPSGD - British Pound / Singapore Dollar

Swap Short: 0 PointsSwap Long: 0 Points
Low: 0.00Spread MT4 floatingHigh: 0.00
Global Stock Exchanges Session Times
Sydney
1:45 am (Local)
Opens in 8h 5m
Tokyo
12:45 am (Local)
Opens in 8h 15m
London
4:45 pm (Local)
Opens in 15h 15m
New York
11:45 am (Local)
Closes in 4h 15m

GBP SGD Trading Chart

D1
W1
M1
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.45$ per 10K traded
Minimum: 9.10Average: 10.02
cTrader Limit and Stop Level0
Used Margin (1:100 leverage rate) in US DollarMax. Leverage is 1:20
Minimum contract size0.01 lot
1 TICK value per 1 lot in USD10 / USDSGD Rate
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0

Trading time (UK time) 10:00 PM Sunday - 10:00 PM Friday

* Only if Margin Level > 100%

The spreads provided are a reflection of the time-weighted average from 09:00AM - 21:00 PM (GMT) for the period of 01/8/2019 – 25/8/2019. Though TNXTrade attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal forex trading conditions. TNXTrade has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The performance of the GBP/SGD currency combination is not widely traded outside of Singapore, yet it still has a relatively sizable following. The pair is heavily impacted by the correlation of two major world economies: the United Kingdom and Singapore. Traditionally erratic and hard to predict, the combination is ideally suited to the experienced investors with high-risk thresholds, offering the potential for profits as great as the gambles you’ll need to take.

Keep in mind that Singapore is a small and compact island-state, focused on services, with the area of less than 720 square meters.

The main factors affecting GBP/SGD are oil prices, interest rates, inflation, monetary policy, speeches and statements of the Central Banks representatives, Trade balances of both countries and the Business activity level (for both regions).

If you are interested in trading the GBP/SGD currency pair, contact TNXTrade today and open trading account in several minutes.

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