Adding up the currency conversion and brokerage, roughly what percentage does it cost to buy an international ETF through IBKR when sending money from India?
1 Answers
0.42% lost in currency exhchange.
1.70 USD minimum lost in brokerage per order. So the total purchase cost depends on your order size and the number of orders.
e.g. If someone places a 1000 USD order into a single ETF, the brokerage would be $1.70 (0.113%); total expense thus would be 0.42+0.113 = 0.533%
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