facebookWhat is the lowest cost platform to do DCA on Irish Domicled ETF like IWDA and HK Domicled ETF for China ETF? - Seedly

Eddie Tan

08 Jan 2021

Stocks

What is the lowest cost platform to do DCA on Irish Domicled ETF like IWDA and HK Domicled ETF for China ETF?

Planning to invest $500-$1000 per month

Discussion (1)

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Chris

08 Jan 2021

Owner and Writer at Tortoisemoney.com

IBKR has prety good comms at ~USD 1 per trade. However, the main downside for IBKR is the inactivity fee (USD 10/month) which is waived when your portfolio is above USD 100k.

I don't recommend SAXO because SAXO has a platform fee of 0.12% and over the long run, when your portfolio gets bigger, this fee will get bigger together with it which might be quite unpleasant. Moreover, IBKR has lower comms anyways.

Check out my comparison of brokers here

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