*Stock trading, countries: UK only.
Here at Shares, you have access to a wide range of stocks from the New York Stock Exchange (NYSE) and the NASDAQ. As both these exchanges are from the United States of America, stocks can be purchased only with USD (US Dollar). Since we operate in the United Kingdom, we provide our users access to purchase these stocks with GBP (Pound sterling). When we execute an order that you placed with GBP, we convert your funds to USD and purchase the stock you have placed an order for. When you sell a stock, we receive your funds in USD, which we convert to GBP and send to your Shares account. Please note that the foreign exchange rate (FX rate) for converting your GBP to USD or vice versa is subject to changing market conditions.
As the foreign currencies market is also subject to volatility, it can impact your investments positively or negatively, solely depending on the markets.