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Hi, new member here. Why no one talk about all the cost of IB? The reason people like IB is for the lower cost of transactions compared to CT 3: This would be a nice mix: Am I right about 4. I am not sure I want to fill papers and papers for an unclear reason. I should probably a point about the security of using a bank in Switzerland… maybe someone could write about it.
Thanks for your answer. I am writing a summary so it would be nice if you have official links. Here are the links to interactive brokers fees monthly this topic:. And for the forex rate costs at IB, there are here: For NYSE it is 2 cents per share. But you can even get paid for some US trades with a different pricing plan. They were buying CHF for sth like 1. For large amounts you can basically forget this cost exists.
You receive the interactive brokers fees monthly 1. When you pay the income tax in Switzerland, you can basically say: Minimum balance requirement can be lower than k though if you sign up for an IB account through some of their white label resellers like captrader.
European ETFs have both higher commissions and enormously higher trading costs including potentially stamp duty. You get paid for this effort with reclaimed taxes. Losses on dividend withholding taxes is one of the biggest differences. Well, with US ETFs you have both - low yearly expenses thanks to the economy of scale and very low interactive brokers fees monthly costs.
Thank you all for your answer. I am not sure about the interactive brokers fees monthly though. I did put quite some effort into the US Witholding taxation issue. Thanks, I will have a look. I am also curious if you mention the differences between those taxes at the end of the year. I might have to differentiate the domicile of the fund and the domicile of the assets. Reimbursement is requested by filing DA-1 form, which is a lot like Wertschriftenverzeichnis from the main tax declaration.
This is due to the dividend, but also the TER. They do not use the same index. Of course you can compare but if you look into the past this 0. Sometimes vwrl does better! Securities lending also active decisions of managers has way bigger impact. I think the threads are interesting interactive brokers fees monthly they show the way we ended up with the conclusions.
There are actually multiple Threads considering the current problem but they have not been active for interactive brokers fees monthly while. I do sometimes mix up words and get corrected and this happens to other people as well. Please note that we are currently working on a way of making the forum more readable.
In Europe you have 0. And you have higher custody fee on ETFs. Here are the links to complete this topic: No Custody fee on both Transaction costs IB: Yes, you can buy US stocks with CT. This was a forum for swiss residents last time i checked… Minimum balance requirement can be lower than k though if you sign up for an IB account through some of their white label resellers like captrader. You get paid for this effort with reclaimed taxes Losses on dividend withholding taxes is one of the biggest differences.
Hey ma0, I did put quite some effort into the Interactive brokers fees monthly Witholding interactive brokers fees monthly issue. To simplify, you can put it like this: Advantages of Interactive Brokers over Corner Trader: Their loss I think the threads are interesting as they show the way we ended up with the conclusions.