Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Trading Platform for passive investing in Ireland

  • 03-11-2014 10:08AM
    #1
    Brussels Sprout
    Registered Users, Registered Users 2 Posts: 7,849 ✭✭✭


    What are the trading platforms available to Irish residents that can be used to buy ETFs and index funds?

    Which if these is the cheapest to use? I was considering using Saxo but the news of their new charges (on top of their existing inactivity fees) has put me right off of them.


Comments

  • #2
    blass
    Registered Users, Registered Users 2 Posts: 118 ✭✭blass


    Brussels Sprout wrote: »
    What are the trading platforms available to Irish residents that can be used to buy ETFs and index funds?

    Which if these is the cheapest to use? I was considering using Saxo but the news of their new charges (on top of their existing inactivity fees) has put me right off of them.
    Nothing is cheap or even reasonably priced in Ireland when it comes to investing.
    Also there is no dedicated trading platforms for passive investing that do not include front loading, entry fees and exit fees not to mention annual management charges. We are taken for mugs in this country. Sorry, rant over!


  • #3
    arrowloopboy
    Registered Users, Registered Users 2 Posts: 1,154 ✭✭✭arrowloopboy


    blass wrote: »
    Nothing is cheap or even reasonably priced in Ireland when it comes to investing.
    Also there is no dedicated trading platforms for passive investing that do not include front loading, entry fees and exit fees not to mention annual management charges. We are taken for mugs in this country. Sorry, rant over!

    If your trading online ,why dose your provider have to be in this country ????


  • #4
    blass
    Registered Users, Registered Users 2 Posts: 118 ✭✭blass


    arrowloopboy wrote: »
    [/B]
    If your trading online ,why dose your provider have to be in this country ????

    You are right. You can use cheaper foreign brokers if you wish. However, they usually require that you maintain a large minimum balance in order to not pay inactivity and acc mgmt charges. So again not ideal for the smaller investor who want to buy and hold long term. Also I think there may be tax implications in some cases.


Advertisement