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Arindom

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  1. Hi @CharlotteIG I just posted a question similar, but seeing this post wanted to respond to this for a better understanding of my scenario. I am in UK but deal entirely on US ETF , TQQQ SOXL and TNA TZA. Now though in some trades when it says profit, I have noticed that there is a loss in my account. I do as much as 3 in a month . So my question to you is ; 1. If I choose to stay in Dollars for my trades, I am getting a feel that it might be a bit more profitable. But I am not sure with the charges, is it $15 every trade , both buy and sell? 2. Do the conversion fees be not charged then if its dollar and trading US ETF? 3. Do I need to convert before withdrawal manually or will it be converted before withdrawal anyway? Any charges then? Will be really helpful with the answer. Regards Arindom
  2. Hello I hold cash in GBP but as deal US ETFs , I was using instant currency conversion. In one of my recent trade it came to my notice that though there was a $36 profit on the trade , my account had a £67 loss. On enquiring realised it was due to conversion rate which during sell was not in my favour and so incurred a loss. Given that I will always deal in Dollars, also considering there is a $15 charge per trade as minimum ( 2 cents per share but my share quantity at this stage will not go over that 15) Q1. Has anyone here noticed that they are at a profit by doing manual conversion and staying in dollars? Q2. If my cash stays in dollars and I trade in dollars, will I get rid of the 0.5% Fx conversion fee? Kind regards AA
  3. Hello I hold cash in GBP but as deal US ETFs , I was using instant currency conversion. In one of my recent trade it came to my notice that though there was a $36 profit on the trade , my account had a £67 loss. On enquiring realised it was due to conversion rate which during sell was not in my favour and so incurred a loss. Given that I will always deal in Dollars, also considering there is a $15 charge per trade as minimum ( 2 cents per share but my share quantity at this stage will not go over that 15) Q1. Has anyone here noticed that they are at a profit by doing manual conversion and staying in dollars? Q2. If my cash stays in dollars and I trade in dollars, will I get rid of the 0.5% Fx conversion fee? Kind regards Arindom
  4. Hello I hold cash in GBP but as deal US ETFs , I was using instant currency conversion. In one of my recent trade it came to my notice that though there was a $36 profit on the trade , my account had a £67 loss. On enquiring realised it was due to conversion rate which during sell was not in my favour and so incurred a loss. Given that I will always deal in Dollars, also considering there is a $15 charge per trade as minimum ( 2 cents per share but my share quantity at this stage will not go over that 15) Q1. Has anyone here noticed that they are at a profit by doing manual conversion and staying in dollars? Q2. If my cash stays in dollars and I trade in dollars, will I get rid of the 0.5% Fx conversion fee? Kind regards AA
  5. Arindom

    US ETF

    @Caseynotes So it seems, but then how will I buy the usual ETF s then..... it's not letting me buy the very simple ones like QQQ, SOXX IBB
  6. Arindom

    US ETF

    Thanks @Caseynotes ...... I do want to register, as that's what I joined IG..... investing ETFs
  7. Arindom

    US ETF

    Yes I have done that. Something about professional trader?
  8. Arindom

    US ETF

    Hello New to IG platform. share trading. Just cannot buy US ETF s , its saying complex instrument, have gone through 3 advisors over telephone but just not getting sorted. Any help will be welcome. Regards
  9. Hello Just opened a Share trading account. Wanted to invest in ETFs. Tried the popular SOXX, QQQ and VGT and got denied saying complex. Got an email saying can only do CFD on them. Is it true? What share dealing account doesn't allow ETF trading? Regards
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