Anonymous
I want to see if really cheaper that ibkr
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Chris
28 Jul 2021
Owner and Writer at Tortoisemoney.com
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Syfe's disclosed currency conversion cost is 0.09% which honestly is quite good. Stashaway does not disclose theirs although they claim it is superior to bank rates.
IBKR charges SGD2.8 for a spot rate conversion. So for IBKR to be superior, your conversion will have to be around SGD3.1k or more (2.8/0.09%).