Bought SPOT around 273, it’s now 276, how come the return is negative?
Exchange rate. Dollar is worth less pounds than when you bought.
You have to take into account the currency conversion rate as it fluctuates. If the pound strengthens against the dollar the exchange rate will eat into your profit. Also the price shown will be the buy price and not what you will sell for so there is also the spread to take into account.
best article I’ve seen about this is here in a freetrade blog:
Yeah that makes sense now. It’s hard to know what’s the current rate. It would be useful to see the current investment value in $ not only in £.
A multi currency account is one of the most requested features and it is being worked on.