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some online brokers will let you do these forex trades directly (e.g. ibkr)
by shoo 6y ago
some online brokers will let you do these forex trades directly (e.g. ibkr)
- Scoundreller 6y agoOh they all do, but often the rates are terrible (e.g. 1.5% commissions). I know IB has forex rates around what I can accomplish with less complexity, but it can be hard to meet their minimums to avoid monthly fees (especially with Canada's 'tax-free savings accounts').
- wdb 6y agoYes, normally, these trades heavily depend the currency pair, and the client, quantity, etc. And least that was the case at the bank I worked in the past