All international trades incur a foreign exchange conversion spread of between 0.50% to 0.80% of the trade transaction value.
This foreign exchange conversion fee is added to the foreign exchange rate at the time the order is placed.
In addition to the foreign exchange fee, nabtrade also adds a buffer of 1.5% to the trade value at the time the order is placed. This buffer is applied to protect you against any movement in the foreign exchange rate between the time the order is placed and the time it executes.
Should the foreign exchange rate not change, the additional buffer funds will be released back into the cash account once the order is booked.