Anybody tried Online broker for stock trading\investing?
In email they claim to accept also non-resident clients
In email they claim to accept also non-resident clients
Strateo.ch Brokerage Account
- Thread starter Silvio
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I use KeyTrade bank in Luxembourg i.e same group. No point going Swiss route unless you ave good reason. Just go with the Luxembourg or Belgium entity.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
No good reason other than I prefer Luxembourg as a banking/brokerage jurisdiction over Switzerland.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
One disadvantage with Strateo is that there is no personal iban, all transfers must be made to BCGE bank with strateo as beneficiary and from a personal account (unauthorized third party transfer).
@MartinEverson: For keytrade.lu, the account includes a Luxembourg personal iban?
@MartinEverson: For keytrade.lu, the account includes a Luxembourg personal iban?
I am also looking at Strateo. Any reason Lux is better than Switz?
My preference is UK listed equities as well so unsure how Keytrade Bank is in this regards
I prefer it because it's a bank and interactive brokers are a broker = you risk is much lower (almost non existent really) in case of bankruptcy etc.
Unauthorized third party transfer of equities as well? Can you share more about your experience with Strateo?
That's my preference too, have you tried any other banks\brokers for UK equities?
Thats same with Keytrade. Transfers are via Banque De Luxembourg with Keytrade Bank as beneficiary.
Thought I answered this. See post I made 3 posts above your question. Luxembourg is my choice although EU is now going after their competitive advantage 😕.
EU starts legal action against Luxembourg over tax evasion
Sorry is this a fee issue or access to LSE issue? Pretty much any broker should offer access to all major stock exchanges. However Keytrade aint that sort of broker. It's really aimed at people who are investing in mutual funds and investment plans as that is how they make their money via retros on fund fees.
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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
That I don't know, I've never done that type of third-party transaction.
My experience with Strateo is good but the stock market is not my specialty, so I can't say much compared to other brokers, I use it mainly for currency exchange and for their strateo invest portfolios.
very useful as always @Martin Everson
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One of my favorit articles in Mentor Group ~ Sending money anonymously archieve Financial Anonymity
FYI: Strateo CH and KeyTrade Luxembourg just waste your time with emails back and forth and say they will open an account, but when you send all the documents they decline it. Tried to open just a personal account and never had any issues opening accounts at other brokers\banks for personal account. Don't waste your time.
At least KeyTrader Belgium said right from the start that they won't open for NON-Belgium residents.
At least KeyTrader Belgium said right from the start that they won't open for NON-Belgium residents.
What's the point of paying 0.15% Swiss stamp duty on each trade (buy/sell)? As I understand this is applicable to all Swiss banks / brokers.
SwissQuote Luxembourg max €15 per month if you don't trade or €0 if you trade once at least. No stamp duties...
How do they compare to Interactive Brokers? And I've heard you can also explicitly sign up with IB's HK branch?
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