Veracent Intelligence

All questions · COST-03

What is the FX or currency conversion charge?

Answered for 5 of 6 firms. Published rate, with the base rate it applies to stated

FREETRADE LIMITED

Stated by the firm
Standard plan: Exchange rate + 0.59%

The FX fee on the Standard plan is the exchange rate plus 0.59%.

Published by the firm · Freetrade Limited · Check the source

FX fee of 0.59% on non-GBP trades

The pricing page states an FX fee of 0.59% on non-GBP trades for the Standard plan.

Published by the firm · Freetrade Limited · Check the source

FX fee of 0.39% on non-GBP trades

The pricing page states an FX fee of 0.39% on non-GBP trades for the Plus plan.

Published by the firm · Freetrade Limited · Check the source

FX fee of 0.99% on non-GBP trades

The pricing page states an FX fee of 0.99% on non-GBP trades for the Basic plan.

Published by the firm · Freetrade Limited · Check the source

Plus plan: Exchange rate + 0.39%

The FX fee on the Plus plan is the exchange rate plus 0.39%.

Published by the firm · Freetrade Limited · Check the source

Plus : FX fee of 0.39% on non-GBP trades

The fee schedule states a FX fee of 0.39% on non-GBP trades applies to Plus plan customers.

Published by the firm · Freetrade Limited · Check the source

FX fees are 0.99% on Basic, reduced to 0.59% on Standard and 0.39% on Plus.

The document states Freetrade's FX charge rates vary by plan: 0.99% on Basic, 0.59% on Standard, and 0.39% on Plus.

Published by the firm · Freetrade Limited · Check the source

Basic : FX fee of 0.99% on non-GBP trades

The fee schedule states a FX fee of 0.99% on non-GBP trades applies to Basic plan customers.

Published by the firm · Freetrade Limited · Check the source

Standard : FX fee of 0.59% on non-GBP trades

The fee schedule states a FX fee of 0.59% on non-GBP trades applies to Standard plan customers.

Published by the firm · Freetrade Limited · Check the source

Basic plan: Exchange rate + 0.99%

The FX fee on the Basic plan is the exchange rate plus 0.99%.

Published by the firm · Freetrade Limited · Check the source

1%currencyconversionfee(cappedat £1,000)forpaymentsreceivedbyyouand convertedtopounds.Effectiveasof30 January2024.

The fee schedule states that, effective 30 January 2024, a 1% currency conversion fee capped at £1,000 applies to payments received and converted to pounds.

Binding document · Monzo Bank Limited · Check the source

we use Mastercard's exchange rate with a 0% fee.

The terms state that Monzo uses Mastercard's exchange rate with a 0% fee.

Binding document · Monzo Bank Limited · currency conversion · Check the source

1%currencyconversionfee(cappedat £1,000)forpaymentsyoureceiveand convertedtopounds.

The fee schedule states that a 1% currency conversion fee, capped at £1,000, applies to payments received and converted to pounds.

Binding document · Monzo Bank Limited · Check the source

We’ll also charge you a 0.4% conversion fee along with the Starling outbound exchange rate.

The document states that a 0.4% conversion fee applies to foreign currency payments, along with the Starling outbound exchange rate.

Binding document · Starling Bank Limited · Check the source

We’ll charge a 0.4% transfer fee alongside the exchange rate, including between two Starling accounts.

The fee schedule states that a 0.4% transfer fee is charged alongside the exchange rate for sending money outside the UK, including between two Starling accounts.

Binding document · Starling Bank Limited · Check the source

we’ll convert the foreign currency into British pounds using the Starling inbound exchange rate, which includes a margin

The agreement states that a margin is included in the Starling inbound exchange rate applied when converting foreign currency payments into the account.

Binding document · Starling Bank Limited · Check the source

Dividend payments will remain exempt from foreign exchange fees and any exchange will be done at the live currency exchange interbank rate.

The client agreement states that dividend payments remain exempt from foreign exchange fees.

Binding document · Trading 212 UK Limited · Check the source

an FX fee of 0.5% is charged on the results of closed positions if the currency of the traded instrument differs from your account currency

The document states an FX fee of 0.5% is charged on the results of closed positions if the currency of the traded instrument differs from the account currency.

Published by the firm · Trading 212 UK Limited · Check the source

When converting between currencies, the applicable FX fee will be applied, as per our Terms & Fees page on our Website.

The client agreement states that an FX fee will be applied to currency conversions as set out on the Terms & Fees page.

Binding document · Trading 212 UK Limited · Check the source

WISE PAYMENTS LIMITED

Stated by the firm
Converting money Fee varies by currency From 0.24%

The fee schedule states that converting money costs from 0.24%, with the fee varying by currency.

Published by the firm · Wise Payments Limited · Check the source

No qualifying source was located within the evidence window. This records what we could not confirm, and carries no inference about the firm.

Every firm here was asked the same question against the same published standard, and every answer quotes the passage it came from. Where the answers differ, the difference is in the firms’ own documents, not in how we read them.

Darker text marks stronger evidence. A statutory register prints at full strength; a firm’s own marketing prints lighter. The methodology sets out the weightings.