I would like to trade these shares but Hargreaves Landsown don't and AJ Bell have exorbitant FX charges.
Can someone recommend a broker who does please?
And..I would love to keep USD in a UK broker's account to use for US trading instead of doing the FX every time. Does someone have an account like this too please?
Many thanks.
I asked HL about this as I've liked the StockRank on my Screens, and not found a way to buy it, too.
Previously II was ok for holding multi-currencies but sadly left them when they jacked my Account fees to £600 a year.
DeGiro allow forex balances to be held. GLTR is available to trade.
No ISA or SIPP options though.
I don’t think you can hold foreign currencies in an ISA, hence the forex fees, IG Group (LON:IGG) charge 0.5% forex but don’t have Globaltrans Investment (LON:GLTR) available.
If you don’t need an ISA you could look at Charles Schwab, a US broker but has an office in London, you can hold $s and their fees are very low for US shares but not for U.K. listed ones.
This 2 min vid explains the two DeGiro options https://www.degiro.co.uk/knowl...
AutoFx converts from/to your home currency as and when each trade occurs and costs 0.1%. Quite costly but cheaper than some.
Manual conversion means you end up with a sub-pot in the other currency which you can use for other trades in that currency or eventually bring it back to your home currency. Typically cheaper in that each currency transaction costs €10 + 0.02% of amount converted.
Hope this helps!
