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When I trade US stocks, what is the ‘FX’ currency conversion Fee?

Updated over 10 months ago

When you trade U.S. stocks on the Plum app, the primary investment is valued in U.S. Dollars ($). To make the transaction, your money needs to be converted to or from British Pounds Sterling (£).

This currency conversion process is managed by our reliable FX partner, Airwallex. They apply a fee, known as an 'FX markup,' which is 0.45% of the total value of your order.

For more information about the stock fees, you can also check our terms and conditions here.

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