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Old 11-12-2018, 12:40 AM   #3241
Shiny Things
Supremacy Member
Join Date: Dec 2009
Posts: 8,427
Hi guys

any idea how much exchange loss will i be getting if i am using SCB (priority banking) instead of interactive brokers to invest about $1,800 monthly into IWDA?
I am wondering whether it is worth the effort to change to IB instead, and whether IB allows joint a/c with my spouse? Much appreciates the advice here, thanks
1) Stanchart's FX cost is about 0.5% on the way in and 0.5% on the way out, so call it $10-ish a month. Basically you'd save $20 or so a month on brokerage and FX costs.
2) Change to IB. Yes, it allows joint accounts.
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