Blocked Funds
As of 03.04.2021, whenever a pending order is placed, the funds required for its execution will be blocked from the free funds in the trading account. The blocked funds will not be available for any other orders until the pending one is executed or cancelled.
This is to prevent you from purchasing shares that are worth more than the funds available in your account, which may be one of the effects in case of extreme market conditions.
FX Conversion Fee
The FX conversion fee will also be introduced as of 03.04.2021 and will be applied only to new positions including such made with AutoInvest (Pies).
FX Fee will not apply for payments arising from corporate events such as dividends.
For existing positions, this amendment will come into force on 03.05.2021, allowing for a 60 day notice period during which the selling of existing shares will not incur any fees. As of 03.05.2021, an FX fee will be applied for the Sell orders of existing positions.
See how the FX fee can apply to your investments in the following examples here.