[DIY] S&P 500 Index w/ 0.07% Annual Fee, Buy the best companies in the world
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 Jul 7 2021, 10:29 PM
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#1
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Junior Member
277 posts Joined: Nov 2013 
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Hi guys, wanna ask for Tradestation Global, I see the cost for UK stocks are GBP1.50. Want to ask sifu sifu here, your account is denominated in USD or GBP?
Say my account is denominated in USD, and I buy say VUSA (denominated USD). Will TSG charge 1.5 GBP in GBP or USD? I just don't want to end up in margin/pay interest.... |
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Jul 7 2021, 11:52 PM
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#2
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Junior Member
277 posts Joined: Nov 2013
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QUOTE(Lim Ling Yang @ Jul 7 2021, 11:06 PM) When you send funds in, if you send in usd, you have usd and need to convert to gbp. If you send funds in with SGD and you want to buy in USD you need to convert SGD to USD. The account denomination doesnt matter, just what you send funds in matter. Thansk for your response bro, but what I wanted to ask is... I'm trading an ETF on LSE (VUSD) which my understanding "denominated in USD". My account is USD and all my funds are in USD. That said, TSG is charging GBP1.5 for the brokerage fees. Do they automatically charge to my USD account? or will I have to purposely convert USD2 to GBP1.5 to pay TSG? |
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Jul 8 2021, 08:18 PM
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#3
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Junior Member
277 posts Joined: Nov 2013
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QUOTE(thecurious @ Jul 7 2021, 11:57 PM) No, they charge USD. Are you sure you aren't purchasing VUSA by accident? oh yes, typo..anyway thanks for clarifying!! |
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