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Anonymous
Does Tiger broker charge currency conversion?
Wondering if i get chardged more when i convert small amount at a time
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Bing Ru
13 Jul 2021
Manager (Operations Management) at National Youth Council
You get charged based on how much you convert in tiger broker so no you are not charged a fixed amount per conversion. However, the spread is quite high so you can consider IBKR if you want to minimise forex spread losses. IBKR charges flat USD 2 per conversion at spot rate so as long as you're converting over 800SGD, the rates is better than Tiger.
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Chris
13 Jul 2021
Owner and Writer at Tortoisemoney.com
On their site, it says currency conversion fees are currently waived. So maybe next time it'll be im...
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