Currency Conversion Fee Now Visible on MT5 Platform

August 20, 2024 17:30

Dear Traders,

We are excited to announce an important update to our MetaTrader 5 (MT5) platform that enhances the way we display our currency conversion fees. Here's the essential information:

No new fees: We have not introduced any new charges.
Improved visibility: Our existing currency conversion fee is now clearly visible on your MT5 platform.
New 'Fee' column: You'll see a new column labeled 'Fee' that displays these charges.

Our 0.3% currency conversion fee (with a minimum of 0.01 units of your account’s base currency) applies to trades in Stocks, ETFs, Stock CFDs, and ETF CFDs quoted in currencies other than your account's base currency. This fee has been in place for some time and applies to the settlement of actual profits and losses, distributions, and service charges.

Previously, this fee was applied but not visible as a separate item on your trading interface. Now, you can easily track and identify these fees, giving you a clearer picture of your trading costs.

We believe this change will enhance your trading experience by providing more transparent and accessible information about your transactions.

Kind regards,

Admiral Markets

Admiral Markets An all-in-one solution for spending, investing, and managing your money

More than a broker, Admiral Markets is a financial hub, offering a wide range of financial products and services. We make it possible to approach personal finance through an all-in-one solution for investing, spending, and managing money.