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And bigger brokers can always choose to bypass exchanges altogether, and keep trades in-house, if they feel that exchanges' fees have got out of hand.
The downside is that you will have additional costs in the form of the exchanges' fees and you will need to allocate more time to managing multiple accounts.
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But exchange fees are only a small fraction of the cost of trading.
He has also sued Bank of New York Mellon over foreign exchange fees.
Cards that don't charge foreign exchange fees are the best bet.
No plug adapters, no sales tax and no currency exchange fees.
The annoying fees, also known as currency exchange fees, can be as much as 3 percent for purchases made abroad.
Add in foreign-exchange fees, and an internationally accepted digital currency starts to look cheaper and more elegant.
They can forget about currency-exchange fees when they cross borders within the 12-nation euro zone.
Capital One offers several cards with no foreign exchange fees and no annual fee as well; card comparison site Cardhub.com has a list.
The report also notes that while all of Discover's cards are free of the foreign-exchange fees, "Discover's acceptance internationally has traditionally been limited".
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