FAQ

CryptoFX

Currently we have the following pairs available on our BOOST trading platform:

Cryptocurrencies offered Major currencies paired with
Bitcoin (BTC) USD
EUR
JPY
Ethereum (ETH)

A crypto wallet is not required because there are no physical cryptocurrencies involved. There is no physical settlement or delivery of the underlying cryptocurrency and no deposits and withdrawals of cryptocurrencies supported. You can use your existing accounts with us to trade the Crypto FX pairs.

Crypto FX are categorised as unlisted Specified Investment Products (SIPs). The Monetary Authority of Singapore (MAS) requires us to assess your investment knowledge and experience through Customer Knowledge Assessment (CKA) before you are enabled access to this product.

You may still qualify to trade Crypto FX if you go through and pass the ABS-SAS E-Learning Modules.

You may email your request to [email protected]. The team will send you a Risk Warning which highlights some of the risks associated with trading Crypto FX. You must acknowledge your understanding and acceptance of the associated risks via email reply.

Yes, CryptoFX is a leveraged product and is traded on margin basis. You will need to have sufficient funds in your trading account in order to initiate and maintain your trades and positions.

Currently we have the following pairs available on our BOOST trading platform:

Cryptocurrencies offered Initial Margin Maintenance Margin
Bitcoin (BTC) 50% 40%
Ethereum (ETH) 60% 50%

Yes, an open position held overnight will be rolled over to the next available business day depending on the fiat currency. The Tom/Next swap point applied is derived from the interest rate differential between the crypto funding rate and the interest rate on the fiat currency.

Crypto FX follows standard FX trading hours and is not traded over the weekend while the underlying cryptocurrencies continue to trade over the weekend, as such, you need to be mindful of the exposure risks on your positions.

Crypto FX pairs support fractional trading which allows you to trade in fractions of crypto.

This provides the possibility to scale your position with greater precision and does not limit you to trading crypto in full integer amounts.

Cryptocurrencies offered Minimum trade size
Bitcoin (BTC) 0.01 BTC
Ethereum (ETH) 0.1 ETH