I bought 1 share of Disney at $139.27 (see screenshots) on a basic trade (4pm execution, no fee). Disney is currently $134.16 so I’m down $5.11.
Freetrade converted that $139.27 to £108.23 at the time of the trade (see screenshots). Freetrade tells me the current value of my share is £101.44, and that I’m down £6.79.
So I’m down 5.11 (share price at purchase - current share price in ) but freetrade says I’m down £6.79.
The only way I can see this happening is the GBPUSD exchange rate moving against me, given that £1 > $1. $5.11 in GBP using xe.com as a basic rate is £3.88, not £6.79.
In short, I have no idea what rate freetrade converted my buy order at, no idea what rate freetrade is using to convert current value (and how it’s changed since I bought the share), no idea why freetrade shows purchase price in and current share price in , but current value in £ especially given there’s zero information on exchange rates in the app so you’re just left scratching your head.
In my opinion there seriously needs to be exchange rate information available; where it shows stock activity for buys/sells, and current rate freetrade are using in current value.