After a thorough research, I cannot justify the 0,45% spread on any USD purchases. As pointed by several users, this become a 90 pounds fee on 10k transactions which is higher than any other broker dealer with competitive pricing - see Interactive Brokers, Degiro, Webull - .
I saw a thread with Adam replying to this last year and entertaining other options for plus members but as since nothing has changed, I assume the team decided that this was the way forward and a very efficient way to increase bottom lines.
Has there been any updates on this? It is quite inconvenient to move my investments somewhere else for this particular reason as I do see all the good value that you add through your platform, but these costs are quite unbearable for any short term trading activities.
Thanks in advance for your response.