What it does at the end of the day is, if you have a negative USD balance on a margin loan but you have a positive AUD balance, the system will automatically convert your AUD to USD to pay off the loan.
This is such a useful feature to have when trading US stocks, making it a seamless experience for Australians.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

