Good online broker websites?

[salomon_shalom]

Hey, i’m from Norway and looking for a european online broker platform that is reliable and offers low costs for buying ETF’s (not yearly cost) and that will report taxes for me in my country if that’s possible. Does anyone have any good suggestions?

The largest one in scandinavia almost holds a monopoly and it has fairly non competative pricing on buying stocks outside of scandinavia and EU, around 8 dollars cost per buy and sale of an ETF seems unreasonable to me but tell me if thats the standard or not.

Thanks for any advice !

 

[joyfilled]

@salomon_shalom There are literally Interactive Brokers ads all over Reddit. Their Ireland branch should cover your area.

 

[sdr77]

@salomon_shalom Trading 212. I set my banking app to send a fixed amount monthly and T212 uses that money, also automated, to buy the 3 ETFs I've chosen (investment pie I think it's called).

 

[wrennelson143]

@sdr77 This is the way

 

[jamie12]

@salomon_shalom Try Trading212

 

[wrennelson143]

@jamie12 I use both Trading 212 and IBKR

 

[streetpreachergirl]

@salomon_shalom sub resources

 

[tommyszc]

@salomon_shalom ibkr, degiro

 

[patriciaaa]

@salomon_shalom I don't know for Norway but where I live (Belgium) I couldn't find a broker that does all the taxes stuff but doesn't cost €5 per trade... It's not bad if you plan to buy and hold for a long time but if you want to trade on a more regular basis, I presume you'll need to do some tax stuff yourself...

 

[evietheturtle]

@salomon_shalom

around 8 dollars cost per buy and sale

Doesn't seem too crazy to me, especially if you make bigger trades (in the $1000s).

I would say ~0.1% of the trade volume is a good price.

 

[stepham]

@salomon_shalom Lightyear

 

[salomon_shalom]

@stepham Do they report for taxes?

 

[stepham]

@salomon_shalom You must report yourself according to the laws of the country in question. You'll find every info on lightyear.com

 

[salomon_shalom]

@stepham Alright, what would you say is their best feature or price that differntiates them from the competition?

 

[stepham]

@salomon_shalom Unpaid interest for multiple currencies, free account management, no transaction costs for ETF purchases. Fast withdraw and deposit with Revolut/Wise. Super, user-friendly web interface and application.

 

[salomon_shalom]

@stepham Bummer it’s not available in my country

 

[stepham]

@salomon_shalom Rip, sorry then.

 

[sh797]

@salomon_shalom IBKR

 

[grace2014]

@salomon_shalom XTB or IBKR

 

[laura02375]

@salomon_shalom XTB is free up to 100k monthly.