Sounds harsh but it scares me that people are struggling to understand currency fluctuation, yet no doubt have many thousands of pounds in investments.
Eden has made a valid comment on the other thread that it would be good if the help section was updated to include examples of how this is calculated.
Thankful that we havenāt had the current market slump with the pound strengthening to the same extent it has weakened verse the dollar as there really would be blood on the streets.
Yea but I think itās expected. Itās not an obvious issue. The calculations are all hidden and all you see is a number. And itās not something thatās often talked about. I have trouble putting the numbers together as well to be honest. But I understand roughly what all the moving parts are.
Some education is definitely needed, especially as itās not often talked about
It is in the eye of the beholder. I agree with @Mattywallace is 100% agree it is scary that people are
You are right, people need to be educated. But people have to agree that they need education to be educated. The weak pound has buffeted people here. Actually @Freetrade_Team has even written a Freetrade article on it ā¦ way back in 2019.
Thereās an article here on the topic which is a good read:
And a thread here:
Just got it in the app so had a try. Works well.
My only initial feedback is I would prefer it if the toggle stuck in the setting I set. Or if there was a global setting for local currencies.
If I set it from Ā£ to ā¬ leave the stock and come back, itās back to Ā£, which is not what I would have hoped for.
You say it sounds āHarshāā¦it doesā¦
Has the toggle been around since day 1 - No.
Have the currency exchange rates been visible from just the pound view since day 1 - No.
Understanding exchange rates is not the issue, but when someone is averaging down constantly across multiple stocks, in a bear market with the pound fluctuating so much it is near impossible to remember what the exchange rate is over the life of averaging down a stock over a year.
Totally see where you are coming from and how it can confuse things when averaging down.
Articles by Sam are great at explaining things and if this drop in the Ā£ has helped people understand things better it can only be a good thing.
US stocks have been built up over the last bull run as the best place for growth, think the current situation shows how much currency fluctuation can impact your returns, regardless of your stock picking abilities!
Itās the main reason why, for the time being, I have only invested in one US stock.
I canāt get my head around the effects of currency fluctuations sufficiently enough to make me comfortable with investing in individual US stocks.
Iām letting the big fund and ETF managers grapple with that problem on my behalf.
Btw, Iām not stupid, just slow on the uptake and a bit cautious with things I donāt fully understand.
Love this new feature. Much easier now to set a limit order.
Great feature. Keep those product features coming!!
Agreed. Had to come here just to say thanks for a great feature. Its opened my eyes to how currency conversion can affect investments. 
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