I have a simple question that doesn't seem to be getting answered.
From my AUD account, If I buy US shares now from my share trading account what would be the fees and commissions etc in Manual currency conversion vs instant currency conversion when I buy and sell.
Since these are going to be my first 3 trades on IG platform this quarter:
For example if I buy 10 US shares at 500 and sell them at 510 will that mean I will pay 5000*.007 = 35$ + 5000*0.001 = 5$ = Total 40$ Commission to buy
And then if I sell them at 510$ later on:
5100*.007 = 35.7$ + 51