A currency conversion fee is the amount that we charge when an exchange of currency takes place on your account.
We apply the fee to conversions on every transaction that is not denominated in your account’s base currency, particularly when you:
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Realise a profit or loss
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Hold a position overnight (the fee is charged relative to the amount of your overnight funding adjustment, not your full position)
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Pay a guaranteed stop-loss premium
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Pay or receive a dividend
You can find out more on how to calculate the fee here.
Additionally, some information on how this fee affects the overnight funding adjustment can be found here.