AUD Currency Conversion Fees Explained
When Australians trade international shares, ETFs or CFDs, AUD conversion fees can be one of the largest hidden costs. This guide explains how FX is typically charged.
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How FX mark-ups work
FX fees are typically expressed as a percentage above the wholesale interbank rate. Even a small mark-up can be material on large or frequent international trades.
What to compare
- FX percentage mark-up vs flat fee.
- Whether AUD funding is converted on each trade or held in a multi-currency wallet.
- Withdrawal FX charges.
Frequently Asked Questions
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Our editorial team researches trading platforms, market education topics and scam warning signs for Australian readers. Our content is general information only and does not consider your personal objectives, financial situation or needs.
General information only. Trading involves risk and may not be suitable for all Australians.