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Will Brexit effect Interactive Investor Irish clients?

  • 06-12-2018 7:12pm
    #1
    1st dalkey dalkey
    Registered Users Posts: 241 ✭✭


    I know the end result is not fixed just yet, but;

    In the event of a No Deal Brexit and with the exit date of 29/3/19, can II still serve their Irish clients after that date?


Comments

  • #2
    Cute Hoor
    Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭Cute Hoor


    1st dalkey dalkey wrote: »
    I know the end result is not fixed just yet, but;

    In the event of a No Deal Brexit and with the exit date of 29/3/19, can II still serve their Irish clients after that date?

    Why would there be an issue with II serving their Irish clients post Brexit, they are a US based broker?
    Edit: Sorry I was thinking about IB (Interactive Brokers), know nothing about the others


  • #3
    dom_1000
    Registered Users, Registered Users 2 Posts: 167 ✭✭dom_1000


    I am also a client of interactive investor (now ii.co.uk)

    I have substantial assets in them. I rang them up today and they told me that they are no longer taking irish clients. and they are still doing a wait and see vis a vis brexit. (i.e they don't have a clue)

    So I may be looking for a new Stock broking firm!

    Any suggestions? I wouldn't be a big trader, more buy and hold.
    I am not mad on degiro (dividend fees on custody account)

    TIA


  • #4
    Supercell
    Registered Users, Registered Users 2 Posts: 15,483 ✭✭✭✭Supercell


    Wondering the same about trading212, haven't seen anything from them about it yet though, must check into that, thanks OP.
    https://www.loughlinstown.ie/

    Have a weather station?, why not join the Ireland Weather Network - http://irelandweather.eu/



  • #5
    namloc1980
    Registered Users, Registered Users 2 Posts: 18,329 ✭✭✭✭namloc1980


    Supercell wrote: »
    Wondering the same about trading212, haven't seen anything from them about it yet though, must check into that, thanks OP.

    Trading 212 have an EU entity based in Bulgaria. They will move their EU customers to the Bulgarian entity in the event "No Deal" goes ahead to ensure EU passporting and regs continue to apply.


  • #6
    Viscount Aggro
    Registered Users, Registered Users 2 Posts: 1,291 ✭✭✭Viscount Aggro


    100 EUR per year with one of the big Irish based brokers.
    No limit on value of securities in your account.
    I am a buy / hold investor, so its costing them money to host me.
    I have about 800 bob in holdings.


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  • #7
    dom_1000
    Registered Users, Registered Users 2 Posts: 167 ✭✭dom_1000


    What's a bob?

    .
    I have about 800 bob in holdings.[/quote]


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