Jump to content

Convert Existing loaded AUD Default Currency to USD Currency


Recommended Posts

I have already transferred AUD to my AUD default IG Share Trading Account.  I have selected MANUAL currency conversion.  How do I convert all/part of this default AUD sitting in my IG account into USD to trade US market shares in US dollars without being subject to conversion fee at the time of trade? 

Note that I am aware that the currency transfer will attract a conversion fee of 0.7%.  A secondary question, is this conversion fee 0.7% of the AUD or the USD amount and in what currency is it charged?

Link to comment
On 06/09/2020 at 00:38, bludger said:

I have already transferred AUD to my AUD default IG Share Trading Account.  I have selected MANUAL currency conversion.  How do I convert all/part of this default AUD sitting in my IG account into USD to trade US market shares in US dollars without being subject to conversion fee at the time of trade? 

Note that I am aware that the currency transfer will attract a conversion fee of 0.7%.  A secondary question, is this conversion fee 0.7% of the AUD or the USD amount and in what currency is it charged?

Thanks for your post. 

If you want to transfer some of our AUD to your CFD account (which is USD) please call or email us and we will be able to convert and transfer for you. 

All the best

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
      21,217
    • Total Posts
      90,793
    • Total Members
      41,326
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Katee13
    Joined 01/02/23 20:28
  • Posts

    • The stock market is moving higher as expected, with the SP500, NASDAQ 100, Russell 2000, and Dow Jones showing an impulse wave structure moving higher, with Elliott Wave (iii) of iii) of 3. Strategies should focus on protecting long trades. Content: SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES Summary  Impulse wave structure moving higher Elliott Wave (iii) of iii) of 3 Strategies  Protecting long trades Video Chapters 00:00 S&P500  16:35 NASDAQ 100 (NDX) 17:33 Russell 2000 (RUT) 18:07 Dow Jones (DJI) 19:53 TRIAL Buy 1 Month Get 3 Months Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com    
    • Name Of Stock -  Novo Integrated Sciences Inc Name of Stock Exchange - NASDAQCm Leverage or share dealing - Share dealing Ticker - NVOS Market cap - £7.5M 
    • Look Ahead to 02/02/23: ECB, BoE; BT, SHEL, GOOGL, AAPL, AMZN earnings A day after the Fed, the European Central Bank and the Bank of England are expected to raise interest rates. Watch out for live coverage from IG’s Chris Beauchamp and Axel Rudolph. Plus, tech, telco and oil earnings dominate, with reports from BT (BT), Shell (SHEL), Infineon (IFXGn), Apple (AAPL), and Amazon (AMZN).            
×
×
  • Create New...