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How can I trade GBP to USD for future US stock dealing?


rroojrooj

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How can I trade GBP to USD to buy US stocks? I have deposited in GBP; how can I exchange that for USD let’s say that I don’t want to deposit in USD in the first place (I want to deposit in GBP and then exchange it in the app to USD)

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14 minutes ago, rroojrooj said:

How can I trade GBP to USD to buy US stocks? I have deposited in GBP; how can I exchange that for USD let’s say that I don’t want to deposit in USD in the first place (I want to deposit in GBP and then exchange it in the app to USD)

Hi @rroojrooj,

Thank you for your question.

Please note that with a share dealing account, you can hold multiple currencies. Your currency conversion settings need to be set to 'Manual' so that if you deposit USD into your account, it will not automatically get converted to GBP.

Please note that you can go to My IG > Live accounts > Currency conversion > Automatic currency conversion > 'Manual'. You can also convert funds in the account from this window.

All the best,

KoketsoIG

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