I'm living in Australia and I'm thinking of trading some Japanese shares.
I currently use the Commsec's international trading service via it's connection to Pershing LLC. However, I have to pay a high transaction fee. I have to convert AUD into USD, then USD to Yen, and all the way back, incurring high cost, esp. given that the exchange rate provided by Commsec is not competitive at all, as they claim.
Does anyone know if there is any broker I can refer to? Or any cheaper way to trade Jap shares in Australia?
Many thanks in advance.
I currently use the Commsec's international trading service via it's connection to Pershing LLC. However, I have to pay a high transaction fee. I have to convert AUD into USD, then USD to Yen, and all the way back, incurring high cost, esp. given that the exchange rate provided by Commsec is not competitive at all, as they claim.
Does anyone know if there is any broker I can refer to? Or any cheaper way to trade Jap shares in Australia?
Many thanks in advance.