What is the currency conversion fee with Totality?

When trading instruments in a currency that’s different from your account’s base denomination, Totality applies the FX spot mid-rate at the time of closing your position—with an adjustment of up to ±0.45%. This same margin also applies to any trading-related currency conversions, and we never exceed that ±0.45% threshold in conversion fees. When moving funds between your sub-accounts, Totality applies the same currency conversion rate—capped at ±0.45%—as it does for regular trading-related conversions. Currency conversion fees at Totality do not apply to margin collateral.

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These charges only apply to the settlement of real cash movements in and out of your trading account—such as when purchasing or selling cash equities or when handling premium payments for options. Within Totality's trading platforms, the applicable currency conversion rate for amounts booked to your account can be viewed in the Trades Executed report.