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Anonymous

21 Jun 2021

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General Investing

Tiered vs fixed account for IBKR accessing LSE? Looking to dca monthly into ucit etfs

Saw that tiered account charges a min of 1usd per trade whereas fixed charges a min of 5usd or 6gbp per trade. Which account type would be better for an investor looking to dca monthly into CSPX/VUSD ? Can the account type be changed anytime and does both allow fractional shares?

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Rocky Singh

06 Oct 2021

Any ideas? I want to do DCA in UCITS etf via IBKR. However, for example USD 100/ etf in 5 etfs, i.e USD 500 per month will costs upfront USD 10, OR 2%. Is it high? What am I missing? is DCA not good in IBKR for UCITS?

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Nicholas Beh

21 Jun 2021

Student Ambassador 2020/21 at Seedly

Tiered is cheaper if you make trades with value below 6,250 USD or above 78,000 USD.

You can switch between tiers but it takes 1 working day to become effective. Fractional shares are only available on US markets and not on LSE.

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Chris

21 Jun 2021

Owner and Writer at Tortoisemoney.com

I use tiered and seems to be cheaper. Account type can be changed at any time (I think 24 hours to t...

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