duseve
2022-04-15

When we exchange currencies, Tiger says there is no commission charged. However, theamount of cash reflected in my account is always noticeably lower after I exchange currencies. Why is that so?

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Comments

  • Bonta
    2022-04-15
    Bonta
    Its the same as when we go to money changer to change currency. Theres no surcharge. But they earn from the diff in exchange ratss
  • Bonta
    2022-04-15
    Bonta
    Wat tiger means is that theres no additional surcharge. But for every forex transaction there will always be abritage between the bid and ask price. Hence u will see that the value will drop.
  • Bonta
    2022-04-15
    Bonta
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