Who can clarify on the fees involved when using Standard Chartered Trading?
I am most particular about the fees and commissions for FX conversion, basically the SCB custodian fees. I will appreciate your reply. Thank you.
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I just thought to give my little input here. With SCB there are no custodian fees and low brokerage fees while interestingly, SCB can invest in more foreign stocks and not just US stocks, thereby giving you the opportunity to invest in not just the US stocks but a variety of other international stocks. They even offer a much improved user interface compared to a few years back. SCB is really making an effort to compete with other brokerages. Note however that the foreign exchange rate may not be very good.