How does FX conversion work?

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Quotes are streamed directly from the market, showing both bid and ask. Capital.com adds no spread or markup to the price – the only charge is the 0.4% FX markup.

Where the instrument currency differs from your account currency, a conversion takes place and the 0.4% FX markup applies. The rate shown at order placement is an estimate; the final rate is confirmed at execution (buys) or settlement (sells). 

Currency movements can affect your realised and unrealised P&L. Execution prices may also differ from the displayed quote due to slippage, which is a function of market conditions outside Capital.com's control.

Example

Buying by amount (fractional)

You hold a EUR account and buy €500 of a US stock priced at $200. Capital.com converts EUR to USD, applies the 0.4% FX markup, and reserves a small buffer (around 3%) for currency movement, resulting in a fractional purchase of approximately 2.45 shares. 

After execution, the final exchange rate is confirmed and any unused buffer is returned to your balance.

*Stocks are available in selected countries and are currently limited to existing clients.

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