Trading the NASDAQ and avoiding currency exchanges


1 0
I live in the UK and have been trading shares on the NASDAQ for the last 3-months. My broker is UK based and holds my money in Sterling and then exchanges to US Dollars when I buy shares and then when I sell they exchange back to Sterling. I lose 1.5% - 2.5% per trade due to currency exchange rates.

Does anyone know how I could avoid going through the currency exchanges?

AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock