I opened an IB trial account and I have some questions related to currencies. My account will eventually be in Euros. Let’s say I want to buy an ETF like Vanguard FTSE All-World UCITS ETF (USD) Accumulating ISIN IE00BK5BQT80, WKN A2PKXG. This fund is denominated in USD and domiciled in Ireland.
- If I purchase this ETF will I be buying it with Euros or USD? If it is in USD do you know what fees IB charges for currency conversion?
- When I sell this ETF what currency will I receive?