Degiro

Sabre Man

res ipsa wrote: »

Anyone manage to get a US dividend paid on Degiro? Was there a 15% or 30% deduction?

15%

gavmcg92

res ipsa wrote: »

Anyone manage to get a US dividend paid on Degiro? Was there a 15% or 30% deduction?

Several. They are subject to 15% withholding tax provided that you fill out your W8-BEN.

Kilkenny93

Cute Hoor wrote: »

GB shares quoted in pence, CLLN now £0.564

Edit: I know it's a small amount but do you mind me asking why you are investing in CLLN, looks a bit of a basket case at the moment

Share price took a hammering because it lost some major contracts. I'm taking a bit of a punt that in 5+ years time it wont be selling for this price. Very risk though!

beertons

Tell me this now. I've tried to buy 300 quid worth of shares in 3/4 companies the past 2 weeks. I fill out the order, click buy, and a few days later, the money is back into account. Is there a minimum amount of shares you can buy insole of these?

Sabre Man

beertons wrote: »

Tell me this now. I've tried to buy 300 quid worth of shares in 3/4 companies the past 2 weeks. I fill out the order, click buy, and a few days later, the money is back into account. Is there a minimum amount of shares you can buy insole of these?

Are you using day orders, which get cancelled at the end of the trading day?

Select GTC as order duration if you want to keep the order until it's fulfilled or cancelled by you.

beertons

Sabre Man wrote: »

Are you using day orders, which get cancelled at the end of the trading day?

Select GTC as order duration if you want to keep the order until it's fulfilled or cancelled by you.

Total noob, no idea. I'll look for GTC in the future.

scheister

bit of a dummy question in relation to selling shares.

Better to ask now then when I am selling them.

I currently have 3 BOI shares.
I want to set it up so if the shares either drop to €6 or increase to €8 it will sell my shares

So if i go to sell shares and click stop limt and GTC.
Under limit i enter €6
Under stop loss i enter €8

it will set it up as i have outlined above??

Prezatch

scheister wrote: »

bit of a dummy question in relation to selling shares.

Better to ask now then when I am selling them.

I currently have 3 BOI shares.
I want to set it up so if the shares either drop to €6 or increase to €8 it will sell my shares

So if i go to sell shares and click stop limt and GTC.
Under limit i enter €6
Under stop loss i enter €8

it will set it up as i have outlined above??

Other way around mate. Stop loss at 6 and limit at 8

scheister

Prezatch wrote: »

Other way around mate. Stop loss at 6 and limit at 8

Did originally try that but i am getting an error message saying the stop loss have to be higher then limit

Prezatch

Actually we're looking at this wrong

Example of a Stop-Limit Order

For example, assume that ABC Inc. is trading at $40 and an investor wants to buy the stock once it begins to show some serious upward momentum. The investor has put in a stop-limit order to buy with the stop price at $45 and the limit price at $46. If the price of ABC Inc. moves above $45 stop price, the order is activated and turns into a limit order. As long as the order can be filled under $46, which is the limit price, the trade will be filled. If the stock gaps above $46, the order will not be filled.

You might be better off putting in a limit order and a separate stop loss order

scheister

Prezatch wrote: »

Actually we're looking at this wrong



You might be better off putting in a limit order and a separate stop loss order

Thanks for that Prezatch.

Thats an interesting idea explains why it would not work for me.

I ended up putting the stop loss in place for safety anyways. more wanted to test the system and make sure i understand how it all works before i start putting any real money into the system

Live at Three

Think I found before that I couldn't put both limit and stop on same thing in Degiro

scheister

Live at Three wrote: »

Think I found before that I couldn't put both limit and stop on same thing in Degiro

Yea when i tried to put both on it warned i cud not because i could end up shorting the stock.

ct5amr2ig1nfhp

"There is currently no connection with the stock exchange."
"Something went wrong and your order could not be sent."
etc.

Has anyone seen this error before? DeGiro website throwing all sorts of errors.

wordofwarning

Channing Eager Walnut wrote: »

"There is currently no connection with the stock exchange."
"Something went wrong and your order could not be sent."
etc.

Has anyone seen this error before? DeGiro website throwing all sorts of errors.

It is weird around 11pm at night. There is a weird period of where the system will not let you place orders or change them. It is a bizarre time like 22.43 and 23.18

You could have been in the period of the system not working. It does not have full functionality at a certain time each night

ct5amr2ig1nfhp

Thanks for that info. Hadn't noticed it before.

Perfect timing for when ASX opens. :rolleyes:

wordofwarning wrote: »

It is weird around 11pm at night. There is a weird period of where the system will not let you place orders or change them. It is a bizarre time like 22.43 and 23.18

You could have been in the period of the system not working. It does not have full functionality at a certain time each night

gavmcg92

Have any of you guys noticed all of the Degiro adverts popping up around the city? I'm not sure if I just haven't seen the before now or if they are now starting to advertise to the general public.

scheister

gavmcg92 wrote: »

Have any of you guys noticed all of the Degiro adverts popping up around the city? I'm not sure if I just haven't seen the before now or if they are now starting to advertise to the general public.

Have seen then popping on billboards along with more online presents as well. generally in the last month id say and its not just in the cities they are going out to the country as well

q85dw7osi4lebg

Seeing them on bus stops throughout Leinster. The more clients the safer I feel my funds are!

Old_-_School

Juniper Gigantic Mint wrote: »

Seeing them on bus stops throughout Leinster. The more clients the safer I feel my funds are!

Madoff's clients thought the same!

ct5amr2ig1nfhp

Degiro was founded 10 years ago and they have been online for about 5 years now. I would imagine that they are safe enough.

varese.10

Can I invest in the chinese stock market with degiro? I want to invest on alibaba and other chinese companies 
Thank you

TomOnBoard

I don't use Degiro, but I'd like to do so to trade US $ stocks. I see that it is not possible to use Transferwise or Revolut to load the account with USD; all funds inwards have to be done in Eur and exchanged into USD using Degiro's currency conversion services. Typically, Transferwise and/or Revolut are way cheaper to use for FX conversions than using Irish banks. Does the Degiro currency conversion process operate at more or less the same type of cost as Irish banks?

Sorry if I'm not clear. Perhaps ppl. are using other ways of effecting the transfers to minimise conversion costs that I'm not aware of. Any advice would be appreciated. Thanks.

kenyard

it uses fx rate but there is a 0.01% or 0.1% conversion cost. i guess its much better than banks rates actually...
The default it to convert back to Euro when you sell the stock but you can change that also to keep in USD..

TomOnBoard

kenyard wrote: »

it uses fx rate but there is a 0.01% or 0.1% conversion cost. i guess its much better than banks rates actually...
The default it to convert back to Euro when you sell the stock but you can change that also to keep in USD..

Is there a way of getting a real time rate from their site so that I could compare them with other options? Since I posted earlier, I've had a look at TD Waterhouse (now Interactive Investor) and I think they facilitate Transferwise transactions... I'm just trying to understand where I can get the most $ purchasing power for every €100 that I put in...

ct5amr2ig1nfhp

DeGiro fees going up. Received an email earlier.

"Starting next month, there will be a surcharge added to the following fees:
+ 0.018% on securities (except US and Canadian markets). For example, the cost of a stock transaction on the Irish Stock Exchange will become €2.00 + 0.058%.
+ €0.15 on options and futures. For example, the cost to purchase an option on Eurex will be €0.90 per contract.
These changes will come into effect on 15/08/2018, and will stay for a maximum of 18 months..."

That is a significant increase in the variable fee, a 45% increase. It is currently €2.00 + 0.04%, it will be €2.00 + 0.058% from next month.

jimmyjim11

euro stg FX rate today just before 5 pm Exchange rate 88.9680

gavmcg92

Temporary levy to cover the costs of MIFID II

p2pnex

I'd like to invest with Degiro to buy and hold index funds that will yield dividends over time. I'm located in Ireland and wondering how to report these dividends on my form 12 each year?

Also, would I have to pay any tax for purchasing these funds?
Appreciate any help ye can provide

gavmcg92

p2pnex wrote: »

I'd like to invest with Degiro to buy and hold index funds that will yield dividends over time. I'm located in Ireland and wondering how to report these dividends on my form 12 each year?

Also, would I have to pay any tax for purchasing these funds?
Appreciate any help ye can provide

No tax for purchasing the shares. I do my reporting on myAccount on revenue.ie. There is an option to report dividend income.