Yes. You can place a USD trade even if your wallet holds euro. At execution, the platform converts the amount needed from EUR to USD, as long as your EUR balance covers the converted total and any fees. You’ll see the applied FX rate and any FX charge on your order or in your documents. Sale proceeds and dividends from USD positions may be held in USD or converted back to EUR, depending on your settings.
Most customers prefer to convert a lump sum to USD before trading so they know the FX rate in advance, especially if they plan several USD trades; others let the platform convert per trade for simplicity.
There’s no single best approach. Do keep in mind that exchange rates affect your return in euro: a stock can rise in USD while your EUR value falls if the dollar weakens.
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