Search results

You are saying that your funds sit in AUD until you make a trade then once the trade goes through it's converted to $US which gets shown on the trade confirmation? If everything gets converted from AUD to $US when you fund the account, I presume that you would then need to work out the...

If you invest/trade the US stockmarket, how do you work out the purchase price & sale price? I'm presuming that you will need to keep track of the AUD/USD exchange rate on the date of purchase & sale date, or would you calculate on the date you transfer the funds to your brokerage account (but...