Does anyone know of a FOREX trading platform, on which both GBP and EUR are traded and which allows withdrawals in a different currency from the original deposit?
(Just found out forex.com only allows withdrawals in the same currency as the original deposit, making it somewhat pointless for actually changing money)
Background: I currently live in the UK and am interested in efficient ways to transfer money to Eurozone countries, both for personal and potentially business use. SEPA transfers from UK banks are a very bad way (I found that typically, I am paying 4% on the exchange rate plus a fee of 15-25 Pounds, so more than 5% on ca. 1000 GBP transfers).
I know there are cheaper services like transferwise, charging about 0.5 %, but there is little/no control over the exchange rate, you just get the rate at the time of execution.