Personally I would like to keep the currency of my dividends instead of having it automatically converted. Even though no fx fees are applied I would rather have it added to the correspondent currency account.
Is this something that Trading212 plans to do on the near future?
As of now, dividends will continue to be paid in the account’s primary currency. We’ll let you know if that changes in the future.
Any update regarding this?
Not sure if I need to re-evaluate holding certain stocks and etf’s here
There are no updates on this for the time being, but we’ll let you know right away if something changes
taking currency fluctuating out of the equation would be beneficial, particularly as multi currency accounts are available, i would have thought this could be easily applied.
@Brotham, I’ve merged your topic with this one. I hope you don’t mind
As of the moment, there aren’t any updates - dividends continue to be converted and paid in your account’s primary currency. No FX fee or markup is charged by us.
Yes, there is no FX fee when converted into the primary currency. But when I want to reinvest the money, we can’t avoid FX fee.
There is default purchase/sell currency in settings. Seriously, is it that difficult to add default dividend currency?
You know why they won’t change it, think about it…