GLOSSARY

FX fee

IN PLAIN ENGLISH

What a broker charges to convert your money into another currency: a stated fee, a worse rate, or both.

WHERE YOU MEET IT

Not recorded in the app, which converts at a market rate with no fee.

WATCH OUT FOR

It's charged on the way in, on the way out, and on every dividend converted back.

EXPLAINED IN

The FX fee you didn't notice on your US trades

Educational content only. It is not personal financial advice.