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dafttrader

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  1. I'm presuming you don't realise this. As I understand it, IG charge you 0.5% to change your £ into $, and then 0.5 to change it back again, so you lose 1%. I presume as they charge 0.5% per FX trade each way, they do not also have a spread between buy and sell. However, your Apply shares will have a buy/sell spread. So if they were $126 on Nasdaq when you bought, you maybe have paid $126.5 to buy them, then when you sell you might only get $125.5.
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