Security Alert: Scam Text Messages
We’re aware that some nabtrade clients have received text messages claiming to be from [nabtrade securities], asking them to click a link to remove restrictions on their nabtrade account. Please be aware this is likely a scam. Do not click on any links in these messages. nabtrade will never ask you to click on a link via a text message to verify or unlock your account.
Some functionality may be unavailable between 01:00 and 12:00 on Sunday 20th July due to scheduled maintenance.
What is the exchange rate for my international trade?
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.
