FXE but you will pay taxes – Piggington's Econo-Almanac

March 23, 2008 at 1:38 PM #175097

Participant

FXE but you will pay taxes on gains. I don’t think you will get around paying commission and it will be for the full amount so taxes on gains may be less.

Even credit cards like AMEX will charge 2% commision on foreign currency purchases.