Oh yes, Iām definitely agree to this. Itās another step forward.
But making a pie on the same currency as you wrote, it is still not possible to pay with USD when your basic currency is the EUR.
Will see what the future brings.
Oh yes, Iām definitely agree to this. Itās another step forward.
But making a pie on the same currency as you wrote, it is still not possible to pay with USD when your basic currency is the EUR.
Will see what the future brings.
WARNING _ WARNING
As I hadnāt seen any full instructions I used the BOT, which evidently doesnāt know much about multi currency accounts. It said US assets would be sold in dollars - Great!
BUT NO
Iāve spent the day thinking I wasnāt incurring fees but I have a load on sell & buy, even though Iād converted my buying funds to dollars.
When you sell US stock, it by default goes to GBP, not dollars which the BOT says.
So you get charged, twice.
I see now thereās an undescribed button on the sell form.
The guy on "Chat " didnāt know about it, either.
Cheers, 212.
Itās always annoying to incur unnecessary costs, especially as you checked via chat.
Changing the currency defaults in your account settings could make it easier for your future orders. The default buying and selling currency can be changed via settings ā> currency options. There you can choose between āprimary currencyā and āasset currencyā so you wonāt have to worry too much about the āundescribed buttonā anymore when placing orders.
Always keep reviewing orders carefully before placing off course. Wish you the best of luck with future trading!
I mean didnāt it look rather weird that in the only 3 things on that form, thereās the Queenās flag when selling a US stock?
Maybe itās just me, but to my eye it does look well enough indicated
@HRD THanks.
On your last point, 100+ trades yesterday, I didnāt dig into the detail in History until end of day.
Yes,
Itās a pity
Including the fees from the excess funds converted from £ to $,
I lost about 20% of profits, to fees.
I didnāt notice it. The other button/decoration does nothing.
I was told the funds would be in the currency of the instrument so I had no reason to look for buttons to make it work.
Brits are used to seeing meaningless bits of our flag. Apparently thereās a king now, btw!
I did believe that would be the default indeed.
It doesnāt look like heās gonna be staying around too long, a bit like your PMs
If King Charlie 3 lasts as long as his old man, heāll be there until about 2050.
If you want to be our PM, put your name on the list. It isnāt very long, and looking at the candidates you stand a good chanceā¦
Please note that the value if your investment may go down as well as evaporate.
You may not recover.
It just as well might
Iām very sorry you were misled. Our chatbot relies on machine learning, and while it has been trained on a vast amount of data to provide helpful responses, it may still encounter certain limitations, like responses about brand-new features, for example. We have implemented measures to improve training and testing to reduce (and hopefully eliminate) such occurrences in the future.
P.S. Please check the email associated with your account. We sent you a follow-up to make up for the conflicting info you initially received.
Donāt have the option available yet. From Romania here.
Weāre gradually rolling it out to more and more clients. So check your app later this week, and you should have the option.
It wasnāt conflicting info. It was incorrect.
The email didnāt āmake up forā anything. I have answered it.
Donāt be an @rse. The more youāre horrible to staff here the less they turn up, they less they turn up the worse the flow of information gets. Suck it up. It was an error, theyāve corrected it.
Be better.
Now I wonder, if a poor soul ever make a profile named ārseā, in how many unrelated post he may get tagged
I wonder why dividends are paid in Euro (because my account default currency is Euro) in stead of the currency of the asset.
For example if I get dividends from US companies, shouldnāt they get paid in USD from now on?
The answer Iāve seen (I might be wrong) is that dividends will still be converted to your default currency and paid into your account but with no fx fee.
Weāve covered that earlier in the thread
On a side note, @WakeMeUp is right - dividend payments will remain exempt from the FX fee.
@Scrooge:
They havenāt ācorrected itā.
Unless you mean theyāve corrected their information system - which cost me 3 figures because it was wrong.
They seem to think that once you have the information you need, from T212, you should be psychic enough to know itās wrong and go looking elsewhere for the same information.
It was their mistake, not mine.
They admit their mistake, and have apologised.
Iām not being nasty, thatās just the way it is.
If I were an @rse, Iād be publishing it in public places all over the internet, but Iām not.
I know plenty who are, and would.
Hello @Bogi.H ,
Fine.
But then if we want to reinvest these US dividends to buy more US stocks, we have to pay the FX fee (euro > dollar).
While in the contrary, if the US dividends were paid in dollars (now that the multi-currency feature is available, our account can handle dollars), in the case of buying more US dividend shares, there would be no FX fee for these new buysā¦
Itās irrelevant. You continue to be nasty to staff and youāre left with only the bot to talk to because no-one will want to come here.
Youāre speaking to humans, stop being a Karen.