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Board Beginners & Help
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MT Gox Fees...UK based question
by
michaelexeter
on 17/04/2013, 15:02:49 UTC
Hi,

Just trying to figure out exactly what my fees will be for each transaction.

So far I have calulated it as follows:

£10                         Wire transfer fee (charged by Lloyds TSB)
£7ish (1000yen)         Receiving fee by Japanese bank
0.6%                       Buying (trading) fee charged by MTGOX (so on £1000 trade) is £6
0.6%                       Selling (trading) fee charged by MTGOX (so on £1000 trade is £6

so on a £1,000 investment, it will cost me £29

Also, to get the money back into my English bank account, will I pay any further fees from MTGOX or Japanese bank to get the money back in GBP to my LloydsTSB account?