Jump to content
  • 0

Default Account Currency Selection


Shooter

Question

3 answers to this question

Recommended Posts

  • 0
8 hours ago, Shooter said:

Is there a way to change your default account currency?

I've initially setup the account with AUD but are basically only trading US stocks and would like to switch to avoid the 0.7% conversion charge compounding over multiple trades.

Hey @Shooter

With your CFD account if you want to change the currency settings to USD please send us an email with instructions to do so and you name, date of birth and address. 

If it's for your share trading account you can't change the base currency but you can have a manual conversion account meaning different currencies will be kept separately. For example when you sell US shares we will not convert the funds they will stay on the account in a USD pot. 

You can do that the the MyIG page by selecting Live accounts> Share trading> Currency conversion> Manual> Save Changes. 

image.png

All the best 

  • Like 1
Link to comment
  • 0
2 hours ago, Guest Imraan said:

Hi I want to change my base currency to USD only. I don't want to trade in GBP. Can you guys arrange that for me please 🙂 

 

Hi Imraan,

As explained above, if you have a share dealing account you can change your settings to manual conversion ( be aware of changes in commissions) .

If you have a CFD account and you never traded yet you can email us at helpdesk.uk@ig.com to change your base currency to USD.

You can also add an CFD account and change the base currency to USD and have two accounts with 2 different currencies.

I hope that it helps.

All the best - Arvin

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
      20,705
    • Total Posts
      89,605
    • Total Members
      40,570
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    osamaalabdallah
    Joined 28/11/22 18:27
  • Posts

    • S&P 500, INDEXSP: .INX, NASDAQ-100, INDEXNASDAQ: NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies. US Markets News J. Powel speaks Wed. ADP Wed, a big week for news events Elliott Wave Market Summary: Possible top in place and the next bear trend has started Elliott Wave count: Wave (iii) of i) of 1 Day / Trend Trading Strategies: The main short trade will come on the (a) (b) (c) rally of Wave ii) which will retest 4000 Video Chapters 00:00 S&P500  23:23 NASDAQ 100 (NDX) 24:11 Russell 2000 (RUT) 26:26 Dow Jones (DJI) 35:37 TRIAL Buy 1 Month Get 3 Months Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  
    • Stock Trading: US ETF Sectors SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK.B, SQ, META, NFLX, ENPH, MSFT, BAC, JPM. US ETF Sectors. Elliott Wave Analysis US Stocks: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC, Goldman Sachs Group Inc (GS) Stock Market News: Thecurrent top I was looking for is now in place, confirmed by the SP500 and the USD Dollar Stock Market Summary Elliott Wave There is a top in place and it could be a serious top, the next step is a larger Impulse wave lower to confirm a larger move lower, so far on the Sp500 we have three waves down... Video Chapters 00:00 SP500 / USD Dollar 04:04 Apple (AAPL) 06:17 NVIDIA (NVDA) 07:28  Amazon (AMZN) 10:12 Meta Platforms (META) 11:08 Netflix (NFLX)  11:33 Enphase (ENPH) 12:50 Tesla (TSLA) 14:09 Alphabet (GOOGL)  16:18 Microsoft (MSFT) 20:07 Berkshire Hathaway (BRK.B) 23:10 Block Inc. (SQ)  24:57 Banks JPM, GS, BAC 40:28 TRIAL Buy 1 Month Get 3 Months  Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com  
    • In this week’s Trade of the Week, IG senior market analyst Josh Mahony looks to go short AUD/EUR with a stop-loss at 0.652 and a take-profit at 0.6286. He also looks at the recent long GBP/JPY and USD/CNH trades.    
×
×
  • Create New...