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Money Transfers and Handling

Can I trade in another currency without converting cash each time?

Answer

Yes, you can trade in another currency without converting cash each time. To do this, change the Currency Handling settings for your desired currency from AutoFX to Manually.

When set to Manually, DEGIRO will not automatically convert funds to your base currency. For example, if Manually is enabled for USD, proceeds from the sale of a US security will remain in USD until converted manually by you.

Cash held in other currencies can be found in your Portfolio tab.

If you choose to invest again in USD, the amount will be taken from your USD money market fund.

If you wish to invest in another currency, you will need to convert the USD to that currency, or back to your base currency if AutoFX is enabled for your desired currency. To withdraw your funds, you will first need to convert your USD back to your base currency.

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DEGIRO is the first wholesale broker for private investors. An online investment platform for all types of investors. DEGIRO enables its customers to invest worldwide at unprecedented low rates. DEGIRO is investing globally for everyone. Previously, investing was often limited to stock exchanges in Europe or the United States. Through one platform, all DEGIRO investors gain access to products and markets worldwide. This means that private investors can spread their investments much better. DEGIRO fits perfectly with the investor who manages his business online. For us, customers do not pay for the salary of unnecessary staff. DEGIRO takes away the last difference between professional and private investors; the fees. Essential for the return of private investors.

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