# Local-Currency Trading

> Understand how MyStocks-managed funding, withdrawal, and execution FX work with local-market prices and USD wallets.

MyStocks presents a USD-denominated wallet while instruments trade in their exchange currency. The FX responsibility depends on the flow.

| Flow | FX responsibility | API behavior |
| --- | --- | --- |
| Deposit | MyStocks | Send local `amount` and `currency`; MyStocks converts and credits the USD wallet. |
| Quote and trade | MyStocks | Quote and execution use the live market conversion at the relevant point in the order flow. |
| Dividend | MyStocks | Declared local-currency dividends are converted and credited to the USD wallet. |
| Withdrawal | MyStocks | Send local `amount` and `currency`; MyStocks converts the ledger debit while your payout rail delivers local currency. |

## Implementation rules

- Use `amount` plus `currency` for supported non-USD funding and withdrawals.
- Record the returned `fxRate`, `fxSource`, and `fxConversion.asOf` conversion metadata.
- Treat request `fxRate` as deprecated legacy compatibility; omit it in new integrations.
- Show the quote currency and wallet currency separately in your UI.
- Never calculate a trade’s final USD debit from a stale display price.
- Treat FX rate, timestamp, spread, and rounding as customer-disclosure data.
- Reconcile local-market fills and USD ledger movements together.

See the detailed [FX & Currency model](/partners/docs/fx-model), [Trading API](/partners/docs/trading-api), and [Statements and Confirms](/partners/docs/statements-confirms).

<Callout type="warn">
  Wallet balances are USD ledger balances. MyStocks does not provide an end-user FX hedge. Your product must disclose exchange-rate movement between funding, execution, dividend conversion, and withdrawal.
</Callout>