Currencies

Multi-currency Accounts

At Intercapital Markets, we streamline global investing with our flexible multi-currency accounts. Fund your account in your local currency and seamlessly trade assets denominated in other currencies without upfront conversion. When you sell one asset and buy another in a different currency, our system automatically calculates the required coverage, allowing you to convert balances at your convenience before settlement.

How it Works:

With Intercapital Markets, you can deposit funds in your preferred currency and immediately start trading assets listed in other currencies. If you sell a European stock, the proceeds remain in EUR, but you can instantly use them to purchase an American stock say listed on NASDAQ in USD. There’s no need to convert your currency beforehand; our system automatically checks if you have sufficient funds in the required currency using all your currency balances with us.

After executing your trade, you’ll see your updated balances: a positive balance in EUR from your sale and a negative balance in USD representing your recent purchase. You can convert your EUR to USD at any time. If you prefer not to convert manually, we’ll automatically convert the necessary amount at the current market rate during settlement.

You'll benefit from real-time market exchange rates (matching the preferential rates we receive from our banks) with only a small transparent commission.

Whether you convert manually or let us handle it automatically at settlement, you maintain full control while avoiding the complexities and higher costs of traditional currency conversion. This efficient approach lets you capitalize on international opportunities instantly, without unnecessary steps or hidden costs.