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Freetrade Foreign Exchange (FX) Fees
MoneyMan01
Posts: 230 Forumite
I noticed that Freetrade have a foreign exchange (fx) fee of 0.45%, unclear how that works. Does that mean if I were to buy Vanguard All-World UCITS VWRP ETF I would be charged 0.45% of whatever I buy each time?
I list that specific Vanguard option as that is what I was planning to purchase.
I list that specific Vanguard option as that is what I was planning to purchase.
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Comments
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No, this is traded on the LSE in sterling. A quick way to tell before looking at the data page in Freetrade's app is the way it shows the traded currency before the ticker e.g., in this case £VWRP.TheDarkKnight93 said:I noticed that Freetrade have a foreign exchange (fx) fee of 0.45%, unclear how that works. Does that mean if I were to buy Vanguard All-World UCITS VWRP ETF I would be charged 0.45% of whatever I buy each time?
I list that specific Vanguard option as that is what I was planning to purchase.1 -
Okay, thanks!
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