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Best/Recommended way for FX conversion AUD to USD

Discussion in 'Beginner's Lounge' started by gretrust, Apr 21, 2019.

  1. gretrust

    gretrust

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    Apr 11, 2019
    Hi all

    Excited to join this community.

    Wanted to get your thoughts on how best to convert currencies for trading.

    I was under the newbie impression that Citibank global account currency conversion rates are quite good. However, a family member had a commsec account and I noticed the wholesale rate they offer with the 0.60% spread was still surprisingly better thank Citibanks.

    Hearing IB is quite good to convert to US for trading in US exchanges and then converting back to AUD when required?

    Thanks in advance!
     
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