Yes, you can trade in another currency without converting cash each time. To do this, change the Currency Handling settings for your desired currency from AutoFX to Manually.
When set to Manually, DEGIRO will not automatically convert funds to your base currency. For example, if Manually is enabled for USD, proceeds from the sale of a US security will remain in USD until converted manually by you.
Cash held in other currencies can be found in your Portfolio tab.
If you choose to invest again in USD, the amount will be taken from your USD money market fund.
If you wish to invest in another currency, you will need to convert the USD to that currency, or back to your base currency if AutoFX is enabled for your desired currency. To withdraw your funds, you will first need to convert your USD back to your base currency.
Good to know
- It could take a couple of minutes before our trading systems have completely processed a switch from AutoFX to Manual or vice versa. Therefore, please take a processing time of 5 to 10 minutes into account when placing an order in a foreign currency after having switched your foreign currency settings.
- Outstanding orders are not affected by a switch in currency conversion. If you have placed an order in a foreign currency while AutoFX was turned on, the cash for that order will be converted automatically when the order is filled, regardless of whether you have turned AutoFX off in the meantime.