When executing an order with an instrument in a different currency, the value of the trade will be converted to the stock’s currency, using the spot exchange rate + 0.15% FX fee. The precise amount will be listed on the Review Order page.
Example table for GBP/USD Spot Rate: 1.4000/1.4100
|Direction of Order||Direction of Spot Rate||Calculation||FX Conversion rate|
|BUY||SELL||1.40 - [(0.15 / 100) * 1.40]||1.3979|
|SELL||BUY||1.41 + [(0.15 / 100) * 1.41]||1.412115|
Note: AutoInvest transactions in non-base currencies will also be subject to a 0.15% FX Fee.
Note: FX Fee will not apply for payments arising from corporate events such as dividends.