trading in USD

[gregoz]

I see that we can trade in the US markets, can we open a USD account to deposit in USD rather than do the currency conversion?  I am primarly dealing in USD so would like this facility instead of converting to aud and then back to usd

[ArvinIG]

1 hour ago, gregoz said:

I see that we can trade in the US markets, can we open a USD account to deposit in USD rather than do the currency conversion?  I am primarly dealing in USD so would like this facility instead of converting to aud and then back to usd

HI @gregoz,
On a share dealing account you can change your currency conversion settings to "Manual" on My IG > Live Accounts > Currency Conversion :

You will be able to hold USD on your account to buy and sell shares in USD. You will need to convert your fund only when you wish to withdraw your funds and that your base currency is different for example.

⚠️Please keep in mind that changing to manual will affect the commission the US stocks.
https://www.ig.com/au/share-trading/charges

 

On a CFD account you can create an account with USD as the base currency.

I hope that it helps !

All the best - Arvin