How do you feel about the brokers I mentioned? 📌Interactive Brokers: angelo.fi/ibkr 📌Trade Republic: angelo.fi/trep 📌Scalable Capital: angelo.fi/sca 📌Freedom24: angelo.fi/fr24 (🇺🇲 ETFs) 📌Flatex: angelo.fi/flatex 🇦🇹 📌Trading212: angelo.fi/t212 (promo code: ANGELO for a free share) 📌eToro: angelo.fi/etoro 📌XTB: angelo.fi/xtb 👉Compare ETFs & Stocks: angelo.fi/comp 📈Where I track my ETFs: angelo.fi/getq 💰My Investments in P2P and Crypto: angelo.fi/tools
Hi Angelo, Thanks for the overview. Do you use Interactive Broker or do you pass via CapTrader ? I know that CapTrader is a subsidiary of IB. Do you have more insights on the differences (or not) between these 2 brokers, apart from the German interface and support teams ?
@@blueara9721 you're welcome! I use Interactive Brokers directly, as the fees are lower. Which makes sense since you skip the middle-man. For example on ETFs you pay 0.05% in fees directly with IB (1.25€ minimum) and 0.1% with CapTrader (2€ minimum): angelo.fi/ibkr
Hello Angelo!!! I am Greek but my residence is in Romania. In Greece all UCITS ETFs are completely tax-free so you can use whatever broker you want (many greeks use IB, Degiro and Freedom24). In Romania the situation is the following: ETFs bought by brokers WITH permanent establishment in Romania have significantly lower taxes when you sell them in contrast with brokers WITHOUT permanent establishment in Romania. XTB is the only international broker that has permanent establishment in Romania and that is why you will pay only 1% tax if you keep the ETFs for more than 1 year and 3% if you keep them less than 1 year. For all the rest international brokers (IB, Degiro etc) you have to pay 10%. Also you have to pay 8% for the dividents regardless the broker. Personally I am obliged to pay taxes in Romania so today I will open an account to XTB and I will liquidate my ETFs in Degiro before their value increases (I bought them last month)
Hi, Could you make a video about the "dangers" of using such Brokers ? The advantages or disavantages from using them and how to prevent in general losing your portifolio if they go broke / down.
DEGIRO, XTB and International Brokers seem to be most commonly chosen here in Portugal. 🇵🇹 Thank you for your video, it was nice seeing the overall selection for an average European investor.
Thank you for the very informative video. As a Portuguese dividend investor, I disagree with your opinion on XTB: - they are pushy with the derivatives offer but you can just block that noise out; - they offer a vast range of European stocks for free (with a moderate spread, as you mentioned) and a decent selection of UCITS ETFs as well; - they advance the dividend amount on the payment date so I don´t have to wait one or two business days to receive my cash; - Besides having a regulated branch in Portugal and an insured bank account, they offer a lot of content done by native analysts. I have heard of Trade Republic before but your review got me tempted. I just might open an account soon. Thanks again for the quality content.
Thanks Jorge, I appreciate your feedback from a Portuguese perspective. I definitely could have spent more time talking/digging into XTB, I was just a bit hesitant as I don't want inexperienced first time investors to end up buying CFDs or leveraged products by accident.
Degiro used to be great but after Flatex took them over, i'm not happy anymore. The fees quadrupled (e.g. NYSE from 0,50€/trade to 14,90€ and 3,90 / 4,90 for German stock exchanges) ... I'm happy to see this video and will move to another broker.
Hey Angelo. I recently found your channel and I’m really enjoying your videos. Finally a reliable source for investments, etc in Europe. Always hated hearing about 401k’s and multiple offers only in the US. I got quite some inspiration from your videos so far :)
Thank you for you work. I have learned a lot and already have saved a significant amount of money. I feel compelled to change to Interactive Brokers, from Degiro. However I do not find suitable videos on how to use the platform with etf´s in focus, for a beginner point of view. Would you provide them by yourself (or recommend any if you are not think about it?)
My pleasure! This was my most recent one on Interactive Brokers, where I also show how to buy an ETF, either directly or as a recurring investment: ruclips.net/video/12g12UU8oPQ/видео.html In case you're planning to transfer anything from Degiro, I transferred shares myself 5 months ago, so this video might be useful as well: ruclips.net/video/1IT9O5WyF30/видео.html
Hi Angelo! I have a question, I want to start compounding long term by buying ETFs every month for the next 20 years or more. I'm quite undecided, Interactive Brokers seems like the most secure option long term, specially if I'm going to accumulate over 100k or 200k € but they take care of the taxes for me. On the other hand, XTB does that I think and also has offices in Portugal, which is where I'm from but doesn't seem as secure. What's your opinion?
Thank you. As an Australian physically in Germany but not registered & technically still an Australian resident & I bound to Australian brokers or what brokers have I access to in Eu ?
Hi Angelo. If you compare the spread on VWCE between XTB and IBKR, you will realize it's the same: 1 pip = 0.01 on the actual value. And in XTB you have not costs for buying/selling your positions. Is there something I'm not seeing here? XTB has a 0,50% fee on currency conversion, which on higher amounts gives IBKR a clear win, but as you buy VWCE (XETRA), you buy in EUR, so even can can be avoided on XTB.
My point: I'm thinking of having my EUR portfolio on XTB, and and USD on IBKR. I just want to be sure I've not missed anything on XTB, before defining my position.
As long as you make sure you're buying the physical ETF (no CFD) and you retain full ownership of the shares (eg. being able to transfer somewhere else if needed), then go for it :)
I’m not even based in Europe, but I really appreciated your analysis and thought process in choosing brokers and I learned a lot from the process and your other videos as well. Sending best wishes from Australia 🇦🇺
Hi Angelo, I’m starting with 212 in Germany but the share lending is now optional and the transfer of portfolio will be rolled out until end of March. Would you still stick with your opinion? I could switch to trade republic. Thank you, your content is so helpful!
Hi Angelo! I came back to this gem after a year since I'm considering Trading 212, seems like they made some improvements since a year ago (e.g. they now allow transfers out to another broker). Would you be willing to do a review of Trading 212 in a future video please?
Thank you for the vid Angelo. I opened an account with IB based on your recommendation. It is indeed a complicated platform compared with Degiro. I'm leaving Degiro because of the new handling fees that came to effect mid-May on ETFs. Can you share your thoughts on IB's No Transaction Fee ETFs please? browsing through some of those I couldn't find the symbols on justetf and the ones I did find had a high cost p/a in comparison to the ones you recommend in your other vids. Thanks!
Hey @AngeloColomboFi! Do you plan to create a video to explain the main differences that are coming after the merger of the two European entities of Interactive Brokers? I am mostly worried about the protection offered, which seems to be 20k in Ireland vs 100k in Hungary.
Oh yeah Angelo, we've been missing you! Hope we can enjoy more of your content in the upcoming weeks. Here's your like and now let's see what you have prepared this time
Greek investors have access to IBKR, Trade Republic and Scalable, which I consider the best low-cost brokers in Europe :) Since you don't pay taxes on UCITS ETFs (lucky you!), that part is pretty simple as well.
@@AngeloColomboFi Thanks for your response!Super helpful.but i have a crucial question.I decided to open in trade republic.back in 2016 i got a fine in germany for excessive speed limit.Never paid cause i left the country.Could german government get access to my trade republic brokerage account and get the money?are they allowed to do that? I would appreciate your response
Angelo,you have the most informative EU investor channel on Youbue. You deserve an order of maginitude more subs. Carry on the good jub. Good luck mate.
Here's a bit of info on taxes: ruclips.net/video/s_UK3n1PVHs/видео.html For brokers, both IBKR and Trade Republic (linked above) are great options in my opinion.
Angelo, great content! have a question though, I didnt see you referring to the capital protection - is this not a key feature for you? I am actually pretty confused, I utilize XTB and I see the funds are ensured in case of bankruptcy only until 20k eur - this seems like a red flag to me - what are your thoughts?
Bitpanda is great for crypto (although expensive), while they only offer derivatives when it comes to stocks and ETFs, not real shares. As a result, I prefer IBKR, Trade Republic or Flatex (the last of which takes care of taxes).
Hi Angelo, I’m new to your channel, and I found the content very useful. I also live in Austria and wanted to ask if you have a video or content, or can comment why(or if) would it be better to use flatex rather than Trade Republic, which I see you use. Is it only the fact that flatex take care of the taxes for me? Is it too difficult to do it with Trade Republic?
My pleasure! My top 3 from the video (IBKR, Trade Republic and Scalable), linked in the description, are all available in the Netherlands. In my opinion you can't go wrong with either of them!
From what I read, Revolut charges a 0,12% custody fee and most likely you won't be able to transfer your shares to another broker. So I'd stick to IBKR, Trade Republic or Scalable instead.
Hi Angelo! Thanks for all the great content you are sharing with us! I currently use Degiro and would like to switch to IBKR. What is the best approach for my position in DEGIRO in your option - transfer them to IBKR, sell them, or just leave them in DEGIRO and continue investing in IBKR?
Hi Angelo! In Romania XTB has a capital gain tax of only 1% because it’s registered in our country, as opposed to ikbr which has 10%. The fiscal laws might change in 10-20-30 years, but still sounds good as of now. Which broker would you chose if you were a romanian resident?
Hello Angelo, I find your videos very informative. I am an expat here in Germany and I would like to use IBKR instead of the local brokers here in Germany like Smartbrokers, Trade Republic and Scalable. How can I make this possible without running into tax issues? Thank you.
If you want to keep things as simple as possible tax-wise in Germany, I'd honestly stick to Trade Republic and Scalable. Otherwise you'd need to declare and pay taxes on a yearly basis using IB's tax reports, which may or may not include all the information you need for the German tax system.
Hi, I have a general question. At all brokers the commodities future have an expiry date? For long time investment I find it very annoying and makes no sense. Thank you!
That's only referring to the yearly "pre-tax" we have to pay in Austria even for Acc. ETFs, so it's irrelevant if you're based in another country: ruclips.net/video/s_UK3n1PVHs/видео.html
thank you for sharing @Angelo. How do you invest in US based ETFs? As I see it is only possible via CFD on Etoro and you need to have over USD 1M under assets to trade those ETFs on IB. Perhaps there is any other platforms alternatives to trade those or having US ETF analog in Europe? Cheers!
Definitely another top notch broker, but very expensive in comparison. I don't think they're worth it compared to IB, Trade Republic and Scalable - so I would go with these first if you have access to them.
Hello Angelo. Thank you for such an informative video. I have an Indian Passport with a French resident permit and wanted to open a trading account with Trade republic as suggested by you. However, they did not accept my identity documents as they have rigid specifications. I am looking into Scalable capital for the same. Is there a work around that you might be aware of for this?
From what I read, Revolut charges a 0,12% custody fee and most likely you won't be able to transfer your shares to another broker. I'd stick to Interactive Brokers or Trade Republic instead.
Best Informative Video for me as a German. Started some weeks ago with Trading 212 but propable gonna switch to Trade Repuplic after this Video. A Video how to Deal with the Taxes (and how the Brokers handle it for you) would be really interessting. For me is still the question how to use the tax exempt amount (Freibetrag | Freistellungsauftrag) for long term investments.
Another very informative video Angelo, thank you! You missed mentioning that people from many non-english speaking countries will face difficulties to buy ETFs in Degiro due to the Crips/KIID regulation.
You're right, sadly the video got too long already. As I wrote a few others, it was a horrible business decision on their end, which I just don't understand. How have you dealt with the situation? Did you move to another broker?
@@AngeloColomboFi I was sad when I realised that Degiro is completely useless for me anymore. I opened an IB account and continue there. I am thinking of transferring my positions to IB, I don’t want to maintain positions in a platform that I cannot use. What do you think?
That's up to your personal preference. You can also hold the positions you already have on Degiro and just buy new shares on IB if you don't want to deal with the transfer (and transfer fees on Degiro's side). If you're not paying too much in exchange connectivity fees every year then that could be worth considering.
@@richasharma2578 Interactive brokers is THE way to go for Belgium. Low fees, secure and has a simplified app and a complicated one for the enthusiasts using their mobile device.
What do you think of T212 after the recent changes: account transfer and opt-out lending, especially with their pie feature that doesn't exist in any other broker in Europe
Still not a fan, as they chose to have EU clients regulated in Cyprus (not a top tier regulator) instead of Central Europe for some reason. Here's why that could be an issue if they're not stringent: ruclips.net/video/U47v1DkQRQk/видео.html Share transfers are still limited as well, as you can't transfer to Interactive Brokers for example. And yes, I know Trading212 uses IB in the backend, but it's still a limitation.
Hello Angelo, Thank you fo your video. It gave me a new broker information IB. I did not knew that. I have a query that Scalable Cap and TR are great when we are in EU. But what if we move outside EU to say Switzerland or US, then SC and TR will need to be closed right? What happens to IR in this case? Thanks in advance. Dankeschön!
You're very welcome! Well, in that scenario you can easily transfer your shares for free to another broker like Interactive Brokers for example, which is available globally. I tested this myself from Scalable and Degiro to IBKR: ruclips.net/video/1IT9O5WyF30/видео.html
i currently have tastytrade and i´m quite happy about, the only downside is that to transfer from eur to usd to invest in popular etfs, they dont have fees on deposits, buying and selling etfs and what i found is that they have a withdraw fee of 25 usd and i think they allow you to transfer or receive shares from another broker, i really recommend
@AngeloColomboFi congrats for your excellent work. There is one question i want to ask you. I am thinking of starting investing for as long period as i could. So to be the owner of the shares is not negotiatable. Trade Republic seems to satisfly all my needs. My question is: How the ability to transfer shares ensures that you are the owner of the shares and that shares are in your name? I am afraid that in most of the platforms we believe that we are the owners but this is not truth. And until something really bad happens we won't learn.
Thank you for making this video: for a person in Switserland: which brokers do you recommend and why? Preferably one that takes care of the taxes. Thank you for helping me out!
IBKR would still be my personal choice: angelo.fi/ibkr They don't take care of taxes for you though. Maybe Swissquote does? Sadly their fees are quite high as far as I know.
Angelo thanks for the infos! I want to start a monthly investment plan on ETF and I am wondering if the partial ETF has any disadvantages. Many small parts became one full ETF at the end? When I am willing to sell after some years, I sell full ETF's or the pieces? Some say that is sold as you bought them, in pieces! The informations that I found online was not clear.
Thanks Angelo, great straight forward content to educate my lack of experience. I have read on some forums that IBIE is not protected like IBCE? Are you aware if this is true?
My pleasure Jon! Any assets you have in stocks/ETFs/bonds on regulated brokers like IB are segregated and held in your name, so they're exclusively yours. That's completely different from bank deposits, where a bank is free to use your money however it pleases and you need the deposit guarantee to at least get back up to 100k if it were to go bankrupt (assuming the guarantee fund is large enough in a given country). Meanwhile with a strictly regulated broker like IBKR, none of your assets (eg. stocks/ETFs) can be touched in case of bankruptcy, so the full amount of shares can be transferred over to another broker of yours. Additionally, you have a 20k protection (called investor compensation) in most European countries to protect against fraud (eg. a broker not actually buying the shares you see in your account). Yes I agree the 20k are ridiculously low compared to the US (500k), but it should never be needed if you stick to established, well-regulated brokers. What you're comparing is the difference between the investor compensation in Ireland and Hungary. It's higher in Hungary than in most European countries for some reason.
Hi Angelo, as an expat in Austria, too, I wanted to ask you which strategy you prefer for ETFs: whether accumulating or distributing in particular. A colleague of mine has put the accent on the taxation, and I am worried about the yearly money to be paid, that makes accumulating less convenient compared to other countries, like UK, or even Italy.
Hi Alan, Revolut charges a 0,12% custody fee each year and most likely you won't be able to transfer your shares to another broker. I'd stick to Interactive Brokers, Trade Republic or Scalable Capital instead (links in the description).
Hello Angelo! I have one question: how do you declare the taxes in Austria with Interactive Broker? Is it better Flatex or in your experience you still can do it without the help of an accauntant. Thanks!
I would stick to Flatex if you're based in Austria, as it still saves you plenty of time filing tax returns and tracking everything in the long run. If you stick to the saving plans, you'll only be paying 1,5€ in fees for each investment
thanks for the inforamtive video, I am based in germany and currently using IG broker for the day trading, but I think this broker is the best for us citizens and not europeans, which broker would you recommend for european to use for day trading ?
How do you feel about the brokers I mentioned?
📌Interactive Brokers: angelo.fi/ibkr
📌Trade Republic: angelo.fi/trep
📌Scalable Capital: angelo.fi/sca
📌Freedom24: angelo.fi/fr24 (🇺🇲 ETFs)
📌Flatex: angelo.fi/flatex 🇦🇹
📌Trading212: angelo.fi/t212 (promo code: ANGELO for a free share)
📌eToro: angelo.fi/etoro
📌XTB: angelo.fi/xtb
👉Compare ETFs & Stocks: angelo.fi/comp
📈Where I track my ETFs: angelo.fi/getq
💰My Investments in P2P and Crypto: angelo.fi/tools
Hi Angelo,
Thanks for the overview. Do you use Interactive Broker or do you pass via CapTrader ? I know that CapTrader is a subsidiary of IB. Do you have more insights on the differences (or not) between these 2 brokers, apart from the German interface and support teams ?
@@blueara9721 you're welcome! I use Interactive Brokers directly, as the fees are lower. Which makes sense since you skip the middle-man. For example on ETFs you pay 0.05% in fees directly with IB (1.25€ minimum) and 0.1% with CapTrader (2€ minimum): angelo.fi/ibkr
Hello Angelo!!! I am Greek but my residence is in Romania. In Greece all UCITS ETFs are completely tax-free so you can use whatever broker you want (many greeks use IB, Degiro and Freedom24). In Romania the situation is the following: ETFs bought by brokers WITH permanent establishment in Romania have significantly lower taxes when you sell them in contrast with brokers WITHOUT permanent establishment in Romania. XTB is the only international broker that has permanent establishment in Romania and that is why you will pay only 1% tax if you keep the ETFs for more than 1 year and 3% if you keep them less than 1 year. For all the rest international brokers (IB, Degiro etc) you have to pay 10%. Also you have to pay 8% for the dividents regardless the broker. Personally I am obliged to pay taxes in Romania so today I will open an account to XTB and I will liquidate my ETFs in Degiro before their value increases (I bought them last month)
@AngeloColomboFi I will use your link to open account to XTB. This is the least I can do for your very helpful videos
Very interesting, I had no idea that was the case in Romania! That's very kind of you, thank you :)
Hi, Could you make a video about the "dangers" of using such Brokers ? The advantages or disavantages from using them and how to prevent in general losing your portifolio if they go broke / down.
Proud to see Portugal as the second country with most views 🇵🇹
how do you check that out?
@migseng He briefly showed the channel's statistics and Portugal was second
DEGIRO, XTB and International Brokers seem to be most commonly chosen here in Portugal. 🇵🇹 Thank you for your video, it was nice seeing the overall selection for an average European investor.
Do you know if any of these brokers provide sufficient tax reporting for Portugal? Thank you.
Thank you for the very informative video.
As a Portuguese dividend investor, I disagree with your opinion on XTB:
- they are pushy with the derivatives offer but you can just block that noise out;
- they offer a vast range of European stocks for free (with a moderate spread, as you mentioned) and a decent selection of UCITS ETFs as well;
- they advance the dividend amount on the payment date so I don´t have to wait one or two business days to receive my cash;
- Besides having a regulated branch in Portugal and an insured bank account, they offer a lot of content done by native analysts.
I have heard of Trade Republic before but your review got me tempted. I just might open an account soon.
Thanks again for the quality content.
Thanks Jorge, I appreciate your feedback from a Portuguese perspective. I definitely could have spent more time talking/digging into XTB, I was just a bit hesitant as I don't want inexperienced first time investors to end up buying CFDs or leveraged products by accident.
Degiro used to be great but after Flatex took them over, i'm not happy anymore. The fees quadrupled (e.g. NYSE from 0,50€/trade to 14,90€ and 3,90 / 4,90 for German stock exchanges) ... I'm happy to see this video and will move to another broker.
Hey Angelo. I recently found your channel and I’m really enjoying your videos. Finally a reliable source for investments, etc in Europe. Always hated hearing about 401k’s and multiple offers only in the US.
I got quite some inspiration from your videos so far :)
Obrigado!
Thank you, that means a lot! 🙏
Thank you for you work. I have learned a lot and already have saved a significant amount of money. I feel compelled to change to Interactive Brokers, from Degiro. However I do not find suitable videos on how to use the platform with etf´s in focus, for a beginner point of view. Would you provide them by yourself (or recommend any if you are not think about it?)
My pleasure! This was my most recent one on Interactive Brokers, where I also show how to buy an ETF, either directly or as a recurring investment: ruclips.net/video/12g12UU8oPQ/видео.html
In case you're planning to transfer anything from Degiro, I transferred shares myself 5 months ago, so this video might be useful as well: ruclips.net/video/1IT9O5WyF30/видео.html
Hi Angelo! I have a question, I want to start compounding long term by buying ETFs every month for the next 20 years or more. I'm quite undecided, Interactive Brokers seems like the most secure option long term, specially if I'm going to accumulate over 100k or 200k € but they take care of the taxes for me. On the other hand, XTB does that I think and also has offices in Portugal, which is where I'm from but doesn't seem as secure. What's your opinion?
Thank you. As an Australian physically in Germany but not registered & technically still an Australian resident & I bound to Australian brokers or what brokers have I access to in Eu ?
Hi Angelo. If you compare the spread on VWCE between XTB and IBKR, you will realize it's the same: 1 pip = 0.01 on the actual value. And in XTB you have not costs for buying/selling your positions. Is there something I'm not seeing here? XTB has a 0,50% fee on currency conversion, which on higher amounts gives IBKR a clear win, but as you buy VWCE (XETRA), you buy in EUR, so even can can be avoided on XTB.
My point: I'm thinking of having my EUR portfolio on XTB, and and USD on IBKR.
I just want to be sure I've not missed anything on XTB, before defining my position.
As long as you make sure you're buying the physical ETF (no CFD) and you retain full ownership of the shares (eg. being able to transfer somewhere else if needed), then go for it :)
I’m not even based in Europe, but I really appreciated your analysis and thought process in choosing brokers and I learned a lot from the process and your other videos as well. Sending best wishes from Australia 🇦🇺
Hi Angelo, I’m starting with 212 in Germany but the share lending is now optional and the transfer of portfolio will be rolled out until end of March. Would you still stick with your opinion? I could switch to trade republic. Thank you, your content is so helpful!
I am interested in the same question. Following
Hi Angelo! I came back to this gem after a year since I'm considering Trading 212, seems like they made some improvements since a year ago (e.g. they now allow transfers out to another broker). Would you be willing to do a review of Trading 212 in a future video please?
Thank you for the vid Angelo. I opened an account with IB based on your recommendation. It is indeed a complicated platform compared with Degiro. I'm leaving Degiro because of the new handling fees that came to effect mid-May on ETFs.
Can you share your thoughts on IB's No Transaction Fee ETFs please? browsing through some of those I couldn't find the symbols on justetf and the ones I did find had a high cost p/a in comparison to the ones you recommend in your other vids. Thanks!
Hey @AngeloColomboFi! Do you plan to create a video to explain the main differences that are coming after the merger of the two European entities of Interactive Brokers? I am mostly worried about the protection offered, which seems to be 20k in Ireland vs 100k in Hungary.
What is your take on Lightyear? It looks very promising amd has taxfree accounts in Hungary for example.
Great and informative video! Thank you for mentioning the CFD risk that is embedded with some of the brokers.😊
Thank you!
Oh yeah Angelo, we've been missing you! Hope we can enjoy more of your content in the upcoming weeks.
Here's your like and now let's see what you have prepared this time
Thank you! 🥲I've been missing you guys as well!
Very interesting Angelo! Any suggestion for greece specifically. Do you think international brokers is a good option?
Greek investors have access to IBKR, Trade Republic and Scalable, which I consider the best low-cost brokers in Europe :)
Since you don't pay taxes on UCITS ETFs (lucky you!), that part is pretty simple as well.
@@AngeloColomboFi Thanks for your response!Super helpful.but i have a crucial question.I decided to open in trade republic.back in 2016 i got a fine in germany for excessive speed limit.Never paid cause i left the country.Could german government get access to my trade republic brokerage account and get the money?are they allowed to do that? I would appreciate your response
Appena scoperto il canale! Contenuti molto informativi e interessanti 😉
Grazie Nena, mi fa molto piacere!
Very nice review. Thanks!
What is your opinion about Lightyear?
You have one of the best channels out there!
Which gives indexes options trading?
I live in Spain Angelo. Which is the best broker for me then?
Angelo,you have the most informative EU investor channel on Youbue. You deserve an order of maginitude more subs. Carry on the good jub. Good luck mate.
Thank you for making my day with that comment! 🙏
Hi, do you know if I can buy VUSA (Amsterdam) in EUROS in Interactive Brokers? This is the ETF I was investing in Degiro but I cannot anymore…
Huge Thanks, Angelo. Please what the best brokerage through which to i invest in S&P 500 from Italy?
What is the best broker to buy some etfs and hold most of my money in an account that pays intetest rate ? Iam based in Greece
Hi what about investing ETFs/stocks etc through banks? What is your opinion on that? Or Anyone else's opinion?
Unfortunately very limited options I can use in Malta. I think II can only open Lightyear account. IBKR, Trade Republic, etc are not available 😢
Malta is listed as available country on the IB website, are you sure about that? angelo.fi/ibkr
@@AngeloColomboFi will check again. Early 2023 it was not for sure. Thanks for getting back though!
How about brokers that will allow option trading?
Is Revolute a good broker?
Angelo, can u make video for the local Austrian ETF and best options to invest
How about t212 today?
Optional share lending, free portofolio transfer and 3.7% rate interest on euro?
Here's my recent update: ruclips.net/video/xPWawAhfwn0/видео.html
What about interactive brokers for the German market?
Thank you Angelo! Great content. I'm having a though time finding info about Ireland, any suggestions?
Here's a bit of info on taxes: ruclips.net/video/s_UK3n1PVHs/видео.html
For brokers, both IBKR and Trade Republic (linked above) are great options in my opinion.
Thank you for the excellent video! As an Austrian resident, did I understand correctly that IBKR will not handle the taxes for me?
My pleasure! Yes, sadly. I talked about it more in my updated video from yesterday: ruclips.net/video/xPWawAhfwn0/видео.html
Angelo, great content! have a question though, I didnt see you referring to the capital protection - is this not a key feature for you? I am actually pretty confused, I utilize XTB and I see the funds are ensured in case of bankruptcy only until 20k eur - this seems like a red flag to me - what are your thoughts?
I made a video looking at this topic in more detail: ruclips.net/video/U47v1DkQRQk/видео.html
Hi Angelo!
Great video.
What aboit Bitpanda? They are Austrian company, and as understood, since this yrar they are taking care of taxes...
Bitpanda is great for crypto (although expensive), while they only offer derivatives when it comes to stocks and ETFs, not real shares. As a result, I prefer IBKR, Trade Republic or Flatex (the last of which takes care of taxes).
anyone know if interactive brokers is suitable for Ireland ?
or is there a better option
Which is the best option trading broker for index trading in france ?
Hi Angelo, I’m new to your channel, and I found the content very useful. I also live in Austria and wanted to ask if you have a video or content, or can comment why(or if) would it be better to use flatex rather than Trade Republic, which I see you use. Is it only the fact that flatex take care of the taxes for me? Is it too difficult to do it with Trade Republic?
Really helpful! Thank you. I think I'm going with interactive 👍
Can you invest in "XYLD" or "JEPQ" ??
What about Pepperstone and ICMarket please?
Hello Angelo! Thanks for this informative video! Do you have any advice on an expat working in the Netherlands to chose the broker?
My pleasure! My top 3 from the video (IBKR, Trade Republic and Scalable), linked in the description, are all available in the Netherlands. In my opinion you can't go wrong with either of them!
Ottimo contenuti come sempre Angelo!! A quando un video su IBKR recurring investments?
Hi, thax for such an interesting video, but I believe you missed Revult bank option, can you elaborate on this plz?
From what I read, Revolut charges a 0,12% custody fee and most likely you won't be able to transfer your shares to another broker. So I'd stick to IBKR, Trade Republic or Scalable instead.
Trading 212 update: you can now disable share lending . And you can also transfer shares to another broker . Am i correct @angelo?
Yes
Hi Angelo! Thanks for all the great content you are sharing with us! I currently use Degiro and would like to switch to IBKR. What is the best approach for my position in DEGIRO in your option - transfer them to IBKR, sell them, or just leave them in DEGIRO and continue investing in IBKR?
I'm learning a lot..tnx from PT
Glad to hear that! Cheers from Vienna!
Hi Angelo! In Romania XTB has a capital gain tax of only 1% because it’s registered in our country, as opposed to ikbr which has 10%. The fiscal laws might change in 10-20-30 years, but still sounds good as of now. Which broker would you chose if you were a romanian resident?
XTB and Tradeville have the 1-3% capital gains tax included my accountant told me. Curious if there are other brokers.
Hello Angelo,
I find your videos very informative. I am an expat here in Germany and I would like to use IBKR instead of the local brokers here in Germany like Smartbrokers, Trade Republic and Scalable. How can I make this possible without running into tax issues? Thank you.
If you want to keep things as simple as possible tax-wise in Germany, I'd honestly stick to Trade Republic and Scalable. Otherwise you'd need to declare and pay taxes on a yearly basis using IB's tax reports, which may or may not include all the information you need for the German tax system.
Hello. Leaving in Switzerland do you know by chance what is the best one ? Thanks
IB is the best for Switzerland in my opinion: angelo.fi/ibkr
Hi, I have a general question. At all brokers the commodities future have an expiry date? For long time investment I find it very annoying and makes no sense. Thank you!
would you mind explaining a bit why you find vanguard ETFs more tax efficient than those of ishares like EUNL ?
That's only referring to the yearly "pre-tax" we have to pay in Austria even for Acc. ETFs, so it's irrelevant if you're based in another country: ruclips.net/video/s_UK3n1PVHs/видео.html
thank you for sharing @Angelo. How do you invest in US based ETFs?
As I see it is only possible via CFD on Etoro and you need to have over USD 1M under assets to trade those ETFs on IB. Perhaps there is any other platforms alternatives to trade those or having US ETF analog in Europe?
Cheers!
Happy with my XTB account. Thanks! 👍
Hello can you trade after hours with you account
Hi Angelo, thanks for your informative content. How do you rate Swissquote as compared to your top brokers?
Definitely another top notch broker, but very expensive in comparison. I don't think they're worth it compared to IB, Trade Republic and Scalable - so I would go with these first if you have access to them.
Hello Angelo. Thank you for such an informative video.
I have an Indian Passport with a French resident permit and wanted to open a trading account with Trade republic as suggested by you. However, they did not accept my identity documents as they have rigid specifications. I am looking into Scalable capital for the same.
Is there a work around that you might be aware of for this?
What about Revolut? They provide the ability to buy stocks and recently they added etfs please let know what you think
From what I read, Revolut charges a 0,12% custody fee and most likely you won't be able to transfer your shares to another broker. I'd stick to Interactive Brokers or Trade Republic instead.
Best Informative Video for me as a German. Started some weeks ago with Trading 212 but propable gonna switch to Trade Repuplic after this Video.
A Video how to Deal with the Taxes (and how the Brokers handle it for you) would be really interessting. For me is still the question how to use the tax exempt amount (Freibetrag | Freistellungsauftrag) for long term investments.
Happy to hear that! @finanztip has some excellent content for German residents, also as far as optimizing taxes for ETFs is concerned
Hi Angelo. Thanks for your videos. Is SXR8 a good ETF for you? And why is its price so high compared to other ETFs tracking SP500? Thanks 🙏
Hello Angelo. Which brokers will you suggest I use in France? What ETFs do you buy or suggest for short term investors?
Another very informative video Angelo, thank you! You missed mentioning that people from many non-english speaking countries will face difficulties to buy ETFs in Degiro due to the Crips/KIID regulation.
You're right, sadly the video got too long already. As I wrote a few others, it was a horrible business decision on their end, which I just don't understand. How have you dealt with the situation? Did you move to another broker?
@@AngeloColomboFi I was sad when I realised that Degiro is completely useless for me anymore. I opened an IB account and continue there. I am thinking of transferring my positions to IB, I don’t want to maintain positions in a platform that I cannot use. What do you think?
That's up to your personal preference. You can also hold the positions you already have on Degiro and just buy new shares on IB if you don't want to deal with the transfer (and transfer fees on Degiro's side). If you're not paying too much in exchange connectivity fees every year then that could be worth considering.
I really enjoyed the video! Thanks for the help
Happy to hear that, Alex!
Great content, thanks Angelo! Any recommandations for Belgium?
I am also interested in recommendations for Belgium. Did you find a good broker? :)
@@richasharma2578 Interactive brokers is THE way to go for Belgium. Low fees, secure and has a simplified app and a complicated one for the enthusiasts using their mobile device.
Hi all.. I am based in UK so maybe it does not apply but... Is not InvestEngine available there? Huge selection of ETF and no platform fees
What do you think of T212 after the recent changes: account transfer and opt-out lending, especially with their pie feature that doesn't exist in any other broker in Europe
Still not a fan, as they chose to have EU clients regulated in Cyprus (not a top tier regulator) instead of Central Europe for some reason. Here's why that could be an issue if they're not stringent: ruclips.net/video/U47v1DkQRQk/видео.html
Share transfers are still limited as well, as you can't transfer to Interactive Brokers for example. And yes, I know Trading212 uses IB in the backend, but it's still a limitation.
@@AngeloColomboFi I hope any of IBKR or TR can make this pie feature :D
Yes, I think it would make sense for Trade Republic especially, with its commission-free recurring investments
Hello Angelo, Thank you fo your video. It gave me a new broker information IB. I did not knew that. I have a query that Scalable Cap and TR are great when we are in EU. But what if we move outside EU to say Switzerland or US, then SC and TR will need to be closed right? What happens to IR in this case? Thanks in advance. Dankeschön!
You're very welcome! Well, in that scenario you can easily transfer your shares for free to another broker like Interactive Brokers for example, which is available globally. I tested this myself from Scalable and Degiro to IBKR: ruclips.net/video/1IT9O5WyF30/видео.html
@@AngeloColomboFi I watched your video. Great thanks, it was exactly the knowledge I was looking for.
Hey Angelo, what do you think about Morningstar ?
i currently have tastytrade and i´m quite happy about, the only downside is that to transfer from eur to usd to invest in popular etfs, they dont have fees on deposits, buying and selling etfs and what i found is that they have a withdraw fee of 25 usd and i think they allow you to transfer or receive shares from another broker, i really recommend
hey man i am in the beigning of my journey , you are so helpful , ty for great content , wish best for you and your family .
Happy to hear that, Mazdak! Enjoy the journey and wishing you & your family all the best as well!
What the thoughts on mysteel Ltd ?
Thank you, Angelo!
Thank you so much! You make it easier for me
How much IB will charge if I buy shares of a US or EU company? Is it a % of the value invested or a per-order fee?
@AngeloColomboFi congrats for your excellent work. There is one question i want to ask you. I am thinking of starting investing for as long period as i could. So to be the owner of the shares is not negotiatable. Trade Republic seems to satisfly all my needs. My question is: How the ability to transfer shares ensures that you are the owner of the shares and that shares are in your name? I am afraid that in most of the platforms we believe that we are the owners but this is not truth. And until something really bad happens we won't learn.
Thank you for making this video:
for a person in Switserland: which brokers do you recommend and why?
Preferably one that takes care of the taxes.
Thank you for helping me out!
IBKR would still be my personal choice: angelo.fi/ibkr
They don't take care of taxes for you though.
Maybe Swissquote does? Sadly their fees are quite high as far as I know.
Hi Angelo, do you have suggestion for best broker to use if I’m based in Slovakia?
Hi Anna, IB and Trade Republic (links in the description if you want to support me) are both excellent options for Slovakia :)
Thanks, I’ll try Trade republic first
Angelo thanks for the infos! I want to start a monthly investment plan on ETF and I am wondering if the partial ETF has any disadvantages. Many small parts became one full ETF at the end? When I am willing to sell after some years, I sell full ETF's or the pieces? Some say that is sold as you bought them, in pieces! The informations that I found online was not clear.
Thanks Angelo, great straight forward content to educate my lack of experience. I have read on some forums that IBIE is not protected like IBCE? Are you aware if this is true?
My pleasure Jon! Any assets you have in stocks/ETFs/bonds on regulated brokers like IB are segregated and held in your name, so they're exclusively yours. That's completely different from bank deposits, where a bank is free to use your money however it pleases and you need the deposit guarantee to at least get back up to 100k if it were to go bankrupt (assuming the guarantee fund is large enough in a given country). Meanwhile with a strictly regulated broker like IBKR, none of your assets (eg. stocks/ETFs) can be touched in case of bankruptcy, so the full amount of shares can be transferred over to another broker of yours. Additionally, you have a 20k protection (called investor compensation) in most European countries to protect against fraud (eg. a broker not actually buying the shares you see in your account). Yes I agree the 20k are ridiculously low compared to the US (500k), but it should never be needed if you stick to established, well-regulated brokers.
What you're comparing is the difference between the investor compensation in Ireland and Hungary. It's higher in Hungary than in most European countries for some reason.
@@AngeloColomboFi thanks for the thorough answer!
A course worth $5000, absolutely free... Thanks
Hi Angelo, as an expat in Austria, too, I wanted to ask you which strategy you prefer for ETFs: whether accumulating or distributing in particular. A colleague of mine has put the accent on the taxation, and I am worried about the yearly money to be paid, that makes accumulating less convenient compared to other countries, like UK, or even Italy.
Thank you, this was very helpfull for me!
Hi Angelo, I would be very curious to see a video on fees for buying crypto on Bitpanda vs IB. Thanks!
Hey I'm new into this. What about revolut?
Hi Alan, Revolut charges a 0,12% custody fee each year and most likely you won't be able to transfer your shares to another broker. I'd stick to Interactive Brokers, Trade Republic or Scalable Capital instead (links in the description).
Doesn't italian residents must pay IVAFE tax for all $$ invested oversea?
very good introduction. i love it. thank you sir
Hi all, do you know if it is possible to buy a fraction of a share on flatex? Thanks
Yes, but I believe only via saving plans
Hey I’m from Belgium which broker is de best option for België.?
IBKR and Trade Republic (links above) are great picks, both of which are available in 🇧🇪
Great analysis! Thank you.
My pleasure Carlos!
How about using Revolut as a broker?
Bad choice in my opinion, they charge a yearly 0,12% custody fee and you can't transfer your shares anywhere else.
Does Trade Republic alllow transfer of the portfolio? I don’t find this information anywhere. Thanks!
Of course: support.traderepublic.com/en-ie/826-How-can-I-transfer-my-securities-account-to-another-bank
@@AngeloColomboFi thanks!
Hello Angelo! I have one question: how do you declare the taxes in Austria with Interactive Broker? Is it better Flatex or in your experience you still can do it without the help of an accauntant. Thanks!
I would stick to Flatex if you're based in Austria, as it still saves you plenty of time filing tax returns and tracking everything in the long run. If you stick to the saving plans, you'll only be paying 1,5€ in fees for each investment
@@AngeloColomboFi Got it - thanks. I also live in Vienna so let me know if you want to grab a beer together. Would love that. Cheers.
Im from spain begginer which one should I use gor start trading
Trade Republic and Scalable Capital are both great and very inexpensive (just 1€/trade, no matter the amount)
Very informative.. Thank you.
thanks for the inforamtive video, I am based in germany and currently using IG broker for the day trading, but I think this broker is the best for us citizens and not europeans, which broker would you recommend for european to use for day trading ?