Using both T212 and Freetrade, Iāve noticed when investing in US stocks, T212 not only tells me my gain/loss but also the FX impact on my investment. Is there such a feature on Freetrade that Iām missing? If not this would be a great help and would reflect investment values better
I like the idea of this sometimes right after you buy it shows -0.2% which is likely due to the FX impact. Showing this as a breakdown would be perfect!
i think Freetrade may be making a bit of money on Fx, so doubt this revenue generating āfeatureā will go away. 0.45% is like paying for gas on Ether(eum) trades, which is not ideal i suppose.
Quick search - people have asked for this before. Im using brokers that hold money in Us dollars for me, so I take an Fx hit when I withdraw US into a bank account or when I fund my trading a/c. I also get to see exactly how much Im paying for Fx conversion.