Do you automatically exchange NZD to USD

  • The Tiger Trade app is a multi-currency account. You’re able to hold multiple currencies in your account - USD, NZD, AUD, HKD, CNH, SGD, EUR, JPY and GBP. As a result, we can not designate the conversion currency to USD only.

  • If we automatically exchange the currency to USD after you make a deposit, then you may pay another currency exchange fee to convert USD to AUD if you were to trade on the Australian market.

  • By not automatically exchanging your currency, this gives you the freedom to exchange your funds when it suits you and at your discretion.

  • For some clients, margin financing may be a cheaper option than exchanging their currency, particularly when trading for shorter periods of time.

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