Anonymous

06 Sep 2020

∙

General Investing

Would you suggest InteractiveBrokers or StandardChartered for LumpSum investment & DCA (quarterly)? Looking to invest in Ireland Domiciled ETFs but cannot decide between this two.?

Looking to invest in CSPX/VWRA. Will be holding my ETFs for years and not a frequent trader.

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Nicholas Beh

06 Sep 2020

Student Ambassador 2020/21 at Seedly

Interactive Brokers is generally better if you invest 1) monthly, 2) in large amounts or 3) in multiple funds. For your case, a rough approximation of the costs would be 120 USD yearly for IBKR and 40 USD + fx spread for SCB.

Assuming a spread of 0.5%, it would be better to go for IBKR if your yearly investment amount is 16,000 USD, or 4,000 USD quarterly. Otherwise, stick with SCB - your investments will count towards qualifying for Priority status too!

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Frankie Rappaport

06 Sep 2020

Standard Chartered.

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If I'm looking to invest in Ireland domiciled ETFs do I buy from LSE or LSE (IOB) and what is the difference between the two?

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Hi I would like to start investing passively and currently have DBS invest saver in STI ETF doing dca, is syfe equity100 another good option to dca in? Looking for gains in the long term

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