Our video on multi-currency accounts is here to make sure you have the tools and knowledge to get the most out of your investments in the stock market.
In this latest video, we cover:
▪ The bid-ask spread in the FX market
▪ How do FX fees work?
▪ How does the exchange rate affect your international stock returns?
This information is not investment advice. Do your own research.
⌚ Timestamps:
00:00 Introduction to currency conversion
00:41 What is currency conversion?
01:02 Exchange rate explained
01:20 Spread explained
01:46 FX fee explained
01:55 Impact on investments
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When investing, your capital is at risk. Investments can fall and rise, and you may get back less than you invested. The information in the video was correct at the time of recording but may have since changed.