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.
*FX Fee will not apply for payments arising from corporate events such as dividends.