facebookDoes it makes sense to buy 1 share of VWRA every month on IBKR? - Seedly

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Anonymous

18 Nov 2021

βˆ™

General Investing

Does it makes sense to buy 1 share of VWRA every month on IBKR?

How do IBKR charge for US denominated ETFs on LSE. Cant seem to understand the pricing on their website.

Discussion (3)

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What I do on IBKR is to do currency conversion for 3-6 months worth of DCA to minimise the conversion fee.

Then with the converted usd, I DCA every month to avoid high market fluctuations.

Tan Choong Hwee

19 Nov 2021

Solutions Specialist at Providend

They have 2 pricing options: tiered and fixed pricing.

For tiered pricing, USD denominated on LSE min commission is USD1.70.

For fixed pricing, USD denominated on LSE min commission is USD4.

Matthew Tan

18 Nov 2021

Undergraduate at NTU

It might be wiser to purchase every quarter instead due to the fees.

Minimum currency conversion is...

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