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?
CUSP only accepts deposits in USD. If your bank account is in AED, your bank will convert AED to USD at its own exchange rate before the funds reach CUSP. Here's what to expect:
Select USD as the currency when making your bank transfer.
Your bank applies its own exchange rate to convert AED to USD.
You'll see the exchange rate and final USD amount in your banking app before you confirm.
CUSP receives the funds in USD and credits your account with the exact amount received.
CUSP Wealth does not charge any currency conversion fees. The exchange rate is set entirely by your bank.
How do withdrawals work?
All withdrawals from CUSP are sent in USD.
If your bank account is in AED: your bank will automatically convert the incoming USD to AED at its live rate. You'll see the final AED amount once the funds arrive.
If your bank account is in USD: no conversion is applied.
For details on withdrawal fees, please refer to our Fees Schedue.