Base Currency in IC Markets. Can this happen?

Swift sending USD to IC Markets cost 4% of the total transfer. I have access to Euro payment gateway from my country and can send SEPA payment to my Swiss bank with no cost and from Swiss Bank I can send Euro to IC Markets. (I will convert USD to Euro with a nice conversion rate).

I have to use my Swiss bank because I have no SEPA Iban in my country (only payment gateway) . I can not use wise.com, transfergo.com or similar services because ICMarkets will send back the money when I withdraw to the sender account. Such services do not give me an account number.

My question:If I send Euro to a USD trading account, what can be the conversion fee? ICmarkets representative says they do not know what their bank will charge for conversion.

Do you believe this scenario better than USD swift? It will be cheaper?

You can try opening two trading accounts, in EUR and in USD; then make a deposit in EUR to a EUR account. The conversion fee between trading accounts in the client area isn't too bad, about 1 or 1.5% on top of the FX rate, last time I checked.

I've been using wise.com for this purpose without any issue. Every active currency in wise has own bank account with IBAN and BIC.

Thank you to both of you.

Dear Mcquack, I guess we need to have our personal IBAN number because ICmarkets send money when you withdraw to the account which we send funds. Isn't it like that? How did you overcome that? Or wise give as a specific IBAN indivudially?