Currency Conversion

Hello you very lovely and amazing people that make up this forum. I hope you have had a nice day and things are going well for you.

I have decided to open an account with IG Markets as my new broker for buying and selling stocks. They do allow you to deposit in multiple currencies to avoid FX charges for converting currency. I kindly wondered please if anyone knows the best or cheapest site to convert currency from GBP to USD, so then this can be deposited straight to a stock account like IG Markets please? If anyone kindly had any advice on a company they are aware of that does this i would be forever grateful and thankful for your help with this.

Hoping everything goes well for you and that you are enjoying the summer period. With very best wishes. 

Comments

  • LunaLater
    LunaLater Posts: 140 Forumite
    100 Posts First Anniversary Name Dropper
    I use Revolut. It’s as close to free as makes no difference.
  • Voyager2002
    Voyager2002 Posts: 16,058 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I use Fineco, which is effectively free. Since they are also a platform with low dealing fees, you might look at them rather than IG. (Of course the service they offer is in line with their low fees.)
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