jeudi 26 mai 2016

Brokers

Hi,

I need some advice.

I started off trading/investing with an Irish brokerage called Davy.
The are a very average brokerage, would not recommend at all. The are not DMA, and orders placed are done manually if trading on other exchanged outside of UK & Ireland - avoid, unless you want to buy and hold etc.

From here I moved SaxoBank. I am happy so far with SAXO.
- Good platform
- Great execution etc.

I would recommend but the fees for US CFD for too much, 40euro for a round trip.

I am seriously considering transferring my stocks & cash to interactive brokers.

The fees seem unbeatable, but I would like to know you opinion.

Basically what I am looking for is to hold some shares on account (long terms), with dividends reinvested.
& also trade US CFD possibly 5-10 times a week, with level 2 access.

Is interactive brokers a good choice for both scenarios above, long term investing and trading?

Should I open the account in euro or dollar?

Thank you for your time


Brokers

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