CUSP Wealth operates entirely in U.S. Dollars (USD). All trades, balances, and portfolio values are held and displayed in USD.
Here's how currency conversion works depending on how you deposit or withdraw.
Depositing via debit card (Visa, Mastercard)
Enter the AED amount you'd like to deposit. Before you confirm, you'll see:
The processing fee (2.95% + 1 AED)
The conversion rate (1 USD = 3.7106 AED)
The total AED that will be charged
The exact USD amount that will land in your CUSP account
Depositing using Apple Pay
Depositing using Apple Pay
Enter the AED amount you'd like to deposit. On the same screen, you'll see:
The deposit amount
The processing fee (2.95% + 1 AED)
The conversion rate (1 USD = 3.7106 AED)
Note: With Apple Pay, payment is confirmed instantly via biometric authentication (Face ID or Touch ID), so there is no separate preview screen. You'll receive the deposit amount shown, minus the fees displayed.
Depositing via UAE bank transfer (linked bank account)
Link your UAE bank account and enter the AED amount you'd like to deposit. Before you confirm, you'll see:
The exact USD amount that will be credited to your CUSP account (conversion rate calculated as per (1 USD = 3.7106 AED)
No fees apply — what you see is what you get
Depositing via wire bank transfer
For wire transfers, you send USD directly to CUSP's account using the beneficiary details shown in the app. CUSP does not apply any conversion. If you're sending from an AED account, your own bank will handle the currency conversion on their side — so the final USD amount received depends on your bank's FX rate.
This option is best if you already hold USD, or if your bank offers better FX rates than card providers.
Withdrawals
Enter the AED amount you'd like to withdraw. Before you confirm, you'll see:
The conversion rate (1 USD = 3.6350 AED)
The total AED you'll receive
The $5 processing fee charged by our broker
Note: The conversion rates shown below are examples. Your actual rate is always displayed in the app before you confirm, and may vary based on the provider and time of transaction.
For a full breakdown of our fee schedule here



