Introduction of FX Conversion Fee

Not sure if you can do an order with your entire free funds but anyway what happens is…

You make an order to buy £1000 worth you will be able to buy slightly less shares than without the FX fee because your currency conversion between £ and $ will not be at the spot rate as it is now, it will have the 0.15% fee applied

So there is no further deduction on top of the £1000, your £1000 just buys you slightly less value of $$$ shares than if there was not a fee

Check the article on the help centre for more info