Dear IG,
After buying 3 American stocks for £1000 each....It seems to have cost my account £100 to do so? I appreciate £10 per trade, plus 0.5% conversion fee, but surely that should only add up to £45 30 (10 +10 +10 commission) plus £15 (being 0.5% of £3000)?
What am I missing here? Am I also being charged £15 per share for exchange? Or am I just suffering exchange rate? If so how can I find out the daily exchange rate for buying US shares with GBP?
Many thanks
James