facebookI would like to invest $500 monthly into ETFs (VUSD or CSPX) would anyone with expertise be able to advice which trading platform i should use with the lowest trading platform fees & exchange rates? - Seedly

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Anonymous

10 Jan 2021

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General Investing

I would like to invest $500 monthly into ETFs (VUSD or CSPX) would anyone with expertise be able to advice which trading platform i should use with the lowest trading platform fees & exchange rates?

Which trading platform fees are the best for VUSD ETFs?

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Chris

Chris

10 Jan 2021

Owner and Writer at Tortoisemoney.com

If you're looking at Irish-Domiciled ETFs, a good choice would be Interactive Brokers which charges about USD 1 per trade. If you wish to avoid Interactive Brokers' inactivity charge, you can consider their whitelabels, such as Tradestation Global, which runs on Interactive Brokers' software but without the inactivity fee.

Alternatively, if you're looking at bank linked brokers, Standard Chartered does a decent job, although still much pricier than Interactiver Brokers or their whitelabels.

Alternatively, if you don't mind the US varients of CSPX or VUSD, TD Ameritrade is a good choice as it is free comms and great FX rates.

You can check out more on a comparison between brokers here!

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