Hello
I have a question which might sound a bit simple.
I have Bank Accounts in GBP and EUR and use a company called HIFX for converting from GBP to EUR and EUR to GBP. However they charge a percentage over the spot rate. It seems obvious to me that I should be able to convert currency at the current spot rate with a Broker.
Do any UK Brokers provide currency conversion at the current spot rate or take orders to convert when the rate hits a specific level?
Thanks in advance.
I have a question which might sound a bit simple.
I have Bank Accounts in GBP and EUR and use a company called HIFX for converting from GBP to EUR and EUR to GBP. However they charge a percentage over the spot rate. It seems obvious to me that I should be able to convert currency at the current spot rate with a Broker.
Do any UK Brokers provide currency conversion at the current spot rate or take orders to convert when the rate hits a specific level?
Thanks in advance.