When you buy or sell shares on the US market, it costs Dodl a little more to place your order. To cover the cost of doing this, and to keep all other costs low on Dodl, you’ll pay a foreign exchange (FX) charge. You’ll see it on-screen as a % of the amount you want to buy or sell.

You'll also pay an FX charge if the company you're invested in pay you a portion of their profits (dividend) in a foreign currency. That's because it’ll need to be converted to pounds before it can be paid into your Dodl account.

The FX charge to buy or sell US shares is tiered:

First £10,000 0.75%

Next £10,000 0.50%

Over £20,000 0.25%

For example, if you buy US shares worth £15,000, you will pay 0.75% on £10,000 and then 0.50% on the remaining £5,000.

FX charge to convert dividends/corporate action payments:

0.5%.