I have a Charles Schwabb account a few years which I use for investing in US stocks. It does not let me invest in ETFs. I recently opened an Interactive Broker and E Toro account as want to invest in some UK stocks and some ETFs. Interactive Brokers looks a bit overcomplicated.
Does anyone have any thoughts on whether Intactive Brokers or Etoro is better or something else?
Is anyone using a company to invest in Shares/property , I would be interested in the pros/cons of that need to look at that at some stage maybe.
Hi Chewbacca. Tastytrade is the best broker in my view. There speciality is derivates (options and futures) but they allow access to all US / European ETFs. I use them mostly. Their interface (and technology in general) is very slick and intuitive.
I also have Interactive Brokers. They are a great discount broker BUT their technology is really poor and difficult to navigate. Their own interface is a series of individual java pop up windows. Their big advantage is they have super cheap interest rates if you want to borrow from them to invest.
One thing to watch for in Ireland / Europe is the "key information document’ (KID)" restrictions. See here -> https://www.europarl.europa.eu/doceo/document/E-9-2021-004745_EN.html This means most broker will not Europe based investors buy US based ETFs like SPY etc. This super annoying but some brokers like Tastytrade just ignore it. IB enforce it but if you have big account (100K +) they allow you apply for professional status which turns the restriction off.