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Cheapest broker FX conversion charges when buying overseas shares

tg99 · 2017-09-20 21:26:52

Other than IG, is anyone aware of any that offer a cheaper rate than the typical 1.5% for fx conversions? Thks.

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tg99 Posts: 1,248 Forumite

27 November 2017 at 10:58PM

JohnRo wrote: »

AJB - Youinvest

They charge 1% rounded up to the nearest penny.

Made a US listed trade today and the FX charge on the contract note is as expected.

Yeah they seem to be cheaper than most of the UK brokers. Cheapest I’ve come across so far is De Giro who only charge 10bp though there are a few other fees such as dividend processing fee etc though relatively small compared to the fx fee saving.

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