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How does Spaceship handle currency conversion between AUD and USD?
How does Spaceship handle currency conversion between AUD and USD?
Bryna avatar
Written by Bryna
Updated over a week ago

When your order is placed in the market, you'll see its current price listed in Australian dollars, as well as US dollars.

If the market is open, Spaceship shows real time prices. If the market is closed, you'll see the most recent available price.

When you place a buy order, our brokerage provider will handle the currency conversion of your funds from AUD to USD as part of processing your trade.

Our brokerage provider will then aim to purchase as many units as possible (at the market price) with the allocated funds.

When you place a sell order, our brokerage provider will handle the currency conversion from USD to AUD using the market FX rate available when your order is placed in market.

When your order has been completed, your transaction history will show the AUD price and the USD price.

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