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Can I hold cash in USD?
Updated over 9 months ago

You can only hold cash in your Freetrade account in GBP. To buy US stocks, we exchange your money when you place an order.

We’ll display all our US stocks with their dollar price.

You’ll be able to decide the amount you want to invest in pounds and we’ll also show you that figure converted to dollars. Your pounds will be converted to dollars using the rate we get from the market, which will be:

For Plus subscription customers: exchange rate + 0.39%

For Standard subscription customers: exchange rate + 0.59%

For Basic subscription customers: exchange rate + 0.99%

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