Jump to content
  • 0

Spread betting currency conversion fee


twi

Question

4 answers to this question

Recommended Posts

  • 0
Guest Fede
15 hours ago, Caseynotes said:

Hi, yes though you can have a separate USD account so you are not changing back and forward all the time.

Hi, I was looking for more information about this. 
I also have an account in GBP and only trade the US stock market (currently through spread betting, but considering to switch to share dealing). I would like to avoid to pay the conversion fee every time.
If I wanted to trade in USD, should I open a second account or I can make it through the existing account that I have?

Thanks a lot!

Link to comment
  • 0
On 03/06/2020 at 14:35, Caseynotes said:

Hi, yes though you can have a separate USD account so you are not changing back and forward all the time.

Hi @Caseynotes, I have the same kind of situation of the user who started this thread. I'm in UK, GBP account, but trading the US stock market. I can't find any info about having a second USD account. Do I have to open a new account all over again? Thanks for the info.

Link to comment
  • 0
On 04/06/2020 at 05:24, Guest Fede said:

Hi, I was looking for more information about this. 
I also have an account in GBP and only trade the US stock market (currently through spread betting, but considering to switch to share dealing). I would like to avoid to pay the conversion fee every time.
If I wanted to trade in USD, should I open a second account or I can make it through the existing account that I have?

Thanks a lot!

I think you can either way but an email to the helpdesk to clarify, look in your 'My IG' page in live accounts and currency conversions should give more info.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      22,068
    • Total Posts
      92,908
    • Total Members
      42,474
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    scobes2
    Joined 17/05/23 10:51
  • Posts

    • Does anyone else know any other SB providers that you can use to trade through TV?  I've only so far seen CFD providers which doesn't work for me due to tax reasons (mainly the hassle of having to account for it as well as the obvious cost).
    • Is there any update on when/if there will be any integration with Tradingview???
    • The anonymity of cryptocurrency transactions can vary depending on the specific cryptocurrency you use and the methods you use. While some cryptocurrencies provide a degree of privacy and anonymity, it is important to note that achieving complete anonymity can be difficult. Most cryptocurrencies operate on a pseudonymous basis. Transactions are recorded in a public ledger, called a blockchain, using cryptographic addresses instead of personal information. However, these addresses are usually not directly linked to a real identity, unless someone voluntarily discloses this information. Some cryptocurrencies, such as Monero (XMR) and Zcash (ZEC), are specifically designed to increase privacy and anonymity. I read on https://deeplab.com/darkweb/anonymous-sudan-launches-cyberattacks-on-middle-eastern-news-outlets-expands-target-list-with-four-additional-names that some people use this anonymity as a cyber attack.
×
×
  • Create New...