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Anonymous

26 Jun 2021

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General Investing

Should I have seperate brokerage accounts for long term portfolio and daytrading, or is combining them ok?

Am currently using IBKR, and I was wondering if people usually have seperate accounts for daytrading and long term buy and hold.

Discussion (3)

What are your thoughts?

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It’s personal, no right or wrong.

I use the same account. Not sure about IBKR but TOS allows me to group and separate them separately so it’s pretty clear

Really a personal preference. Most maintain a different brokerages mainly for lower fees or premarket / after hours trading options or access instrument exposures. But do take note of the subtle difference in bid-spread price amongst brokers.

I would separate account based on different objective. So i know how individual portfolio perform.

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