Best online broker for buy and hold investor?

Brendan Burgess

Founder
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It's a while since this has been discussed on Askaboutmoney.

Best online broker

I'm looking for a recommendation for a good (stable) online broker for buying ETFs on a monthly basis, ideally one that doesn't charge for ETF investments and even better if it supports TransferWise/revolut transfers. Something that's easy to manage and cheap I'm not counting degiro or other...
www.askaboutmoney.com

I had share certs so the best option for me at the time was Davys as they would accept share certs.

But now I want to sell some shares they want to charge me 0.5% commission.

So I will transfer them elsewhere.

I don't trade. I sell and buy occasionally.

Customer Service is still important. I don't want a Revolut situation where you can't talk to anyone if there is a problem.

What are the options?
De Giro
Interactive Brokers - Don't trade in shares on the Irish stock exchange


Brendan
 
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Had a look at Interactive Brokers and although it is a .ie website, I can't figure out the charges.

Brendan
 
De Giro seems much clearer and are Irish targeted.

But are there account fees?

There seems to be three different types of account

Basis/Active/Trader but I can't see the difference anywhere.

Brendan
 
Be aware that Degiro charges are changing next month. Scroll down for the current and imminent charges PDFs.

Fees

Learn all about our low charges and compare the benefits of trading with DEGIRO. Our fees are completely transparent with no hidden costs.
www.degiro.ie
 
I emailed them and got a prompt reply.

Dear Brendan,

I would like to confirm that there are no maintenance, nor any inactivity fees when using the DEGIRO platform.


Kind Regards,
 
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You have probably already seen the small annual fee for "connection" to certain exchanges?
 
Also...

Fees

Learn all about our low charges and compare the benefits of trading with DEGIRO. Our fees are completely transparent with no hidden costs.
www.degiro.ie
 
Looking to do the same Brendan. Still have around 35k in share certs. Would you suggest that to keep things simple firstly go to Davy to get out of physical certs and then proceed in same direction as yourself? Again like yourself not interested in trading looking to do what you are chasing.
 
Hi KOW

At the time I found Davy's the best place to handle share certs.

But if you are not selling them, then hold onto them until you need to sell them.

Brendan
 
Reactions: KOW
I don’t think interactive brokers let you trade on the Irish stock exchange
 
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