Best online brokerage for buy and hold


Hi Jean — Thanks for the writeup. I am so glad I found it. Secondly, when you receive a dividend from a US stock, or you sell that stock, the proceeds will be in USD, however on arrival at best online brokerage for buy and hold brokerage account, the money will be converted back to EUR. Takes a whole minute to review and submit. DeGiro has the lowest commissions on the market today, but it also requires you to agree that they will loan out your shares, which is where they make a profit.

When you purchase, the broker will automatically convert the amount needed from your EUR balance to USD in order to buy the shares. Takes a whole minute to review and submit. Your email address will not be published.

This means you do not first have to conduct your own currency conversion. Here are the fee schedules for both brokers: Low fees on USA share purchases.

Do you reside in Spain and invest in the stock market? Secondly, when you receive a dividend from a US stock, or you sell that stock, the proceeds will be in USD, however on arrival at your brokerage account, the money will be converted back to EUR. Leave this field empty.

My understanding is that for stock purchases protection is only up to 20, Euro. Hi Jean — Thanks for the writeup. You can also opt for a custody account, but the commissions on that type best online brokerage for buy and hold account would negate any advantage of trading with them in the first place. DeGiro has the lowest commissions on the market today, but it also requires you to agree that they will loan out your shares, which is where they make a profit.

Low fees on USA share purchases. I would greatly appreciate it. Moreover, they have the most straightforward procedures with regards to taxation in Spain. No loaning out of shares. Here are the fee schedules for both brokers:

In terms of confidence, credibility etc, ING Direct wins hands down. Here are a few of those reasons: BTW, I am just looking for a simple index fund, nothing to complicated, I just need to find a company that will let me invest with them.

Degiro FX fee is 0. To dig deeper into this, with ING Direct you will be charged 0. BTW, I am just looking for a simple index fund, nothing to complicated, I just need to find a company that will let me invest with them. I will probably be choosing ING Direct for long best online brokerage for buy and hold holding of stocks as they are the more reputable institution between the two.