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

Updated over 3 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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