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by chx 2259 days ago
> TransferWise charges end-user 900 USD + spread

They don't charge spread. That's the entire point of Transferwise.

> On InteractiveBrokers for example, you pay +/- 2.33 USD in total to convert 100'000 USD to EUR

My understanding is that Interactive Brokers allows access to the forex market , indeed with a low fee, however Transferwise will use mid-market rate which is unattainable via the forex market.

It's trivially visible on Transferwise what are you paying, where can I see the same for Interactive Brokers ?