facebookBuyi cspx or voo on ibkr? - Seedly

Advertisement

Anonymous

02 Aug 2021

General Investing

Buyi cspx or voo on ibkr?

Can anybody tell me if the fees for buying cspx will be lower/higher than buying voo or not? assuming I use the same broker which is IBKR. I will be using tiered pricing so are the fees for CSPX min GBP 1/order for CSPX and USD 0.35/order for VOO?

Discussion (5)

What are your thoughts?

Learn how to style your text

thefrugalstudent

02 Aug 2021

Founder at thefrugalstudent.com

Hi Anon,

The fees for CSPX will be 1.70 USD not 1 GBP because CSPX is traded in USD not GBP.

The fees are definitely cheaper for VOO, also considering the fact that you can buy fractional shares of VOO but not CSPX.

But overall, I think CSPX is better in the long run because of the tax advantages. Personally, that's what I'm investing in.

Hope this helps!

Regards,
thefrugalstudent

View 4 replies

Write your thoughts

Advertisement