CUSP operates entirely in U.S. Dollars (USD).
All portfolios, trades, and balances are held in USD to ensure accurate pricing and seamless access to U.S. markets.
Why USD?
Because CUSP gives you direct access to U.S.-listed stocks and ETFs.
These assets are priced and traded in USD, so holding your account in USD means:
No hidden currency conversion while trading
Instant settlement and execution
Lower operational risk (your investment value isn’t jumping up and down from AED/USD fluctuations while buying or selling)
Deposits
CUSP only accepts USD deposits.
If your bank account is in AED, simply choose USD as the transfer currency when making the bank transfer.
Your bank will automatically convert AED → USD using its own exchange rate before sending the funds.
The exchange rate and final USD amount will be shown in your banking app before you confirm the transfer.
CUSP will receive the funds already in USD and credit your account with the exact USD amount received.
Withdrawals
All withdrawals from CUSP are sent in USD.
If your receiving account is in AED, your bank will convert the incoming USD → AED at its live rate.
Your banking app or statement will show the final conversion amount once the funds arrive.
If your account is in USD, no conversion is applied.
Transparency and Fees
CUSP does not apply any currency conversion fees.
Any exchange rate comes directly from your sending or receiving bank.
For details on applicable withdrawal fees, please refer to our Fees Schedule.