What currency does CUSP Wealth use?
CUSP Wealth operates entirely in U.S. Dollars (USD). All trades, balances, and portfolio values are held and displayed in USD because U.S. stocks and ETFs are priced and traded in dollars.
Does CUSP accept deposits in AED?
For AED deposits, your funds will be converted from AED to USD. Here's what to expect:
The exact converted amount is shown before the deposit is completed.
CUSP receives the funds in USD and credits your account with the exact amount received.
CUSP Wealth does not charge any currency conversion fees. However, your bank may apply its own fees.
How do withdrawals work?
All withdrawals from CUSP are sent in USD.
If your bank account is in AED: funds are converted from USD to AED, and the exact amount is shown before the withdrawal is confirmed.
If your bank account is in USD: no conversion is applied.
If your bank account is in another currency: your bank will handle the conversion from USD to your local currency.
For details on withdrawal fees, please refer to our Fees Schedule.