Bought this stock before and sold but when I buy I’m suddenly down £17-£20 the price hasn’t dropped so it’s not that. This has happened twice now on that stock
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This is because of the currency exchange difference.
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Actually in this example, sell price is 10.79$, while average buy price is 11.16$. Which is 0.37$ loss for single stock, so 65x 0.37$ = -24.05$ , convert to GBP, 18.80£ , but I guess you bought at better FX so this 17.92£ loss only
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Thanks for the reply.
Just couldn’t understand why it lost that as soon as I bought it.
all stocks will be red when you buy them, this is because of the spread.
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There is no spread for invest/ISA account. That is for CFD.
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2 things, there’s ‘buy’ and ‘sell’ prices(you can add/see those lines in settings on chart), and then if you buy in foreign currency, currencies fluctuate, it can go in favour to you and against you, keep an eye out for that too, good luck.
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there is still a spread, there is always a spread.
As there is always a sell / buy price - the spread could but 0.002 but it’s still there.
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CFD there is a mark-up on the spread yes, but there is always spread (diff between bid and ask). Difference is that on ISA/Invest it is the raw spread as per the exchange rather than a really bad marked-up one for CFD.
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